Diabetes, growing at an exponential rate worldwide, has become a serious health concern globally. The disease has emerged as a major cause of death between the age group of 20 years to 80 years. High prevalence of diabetes is expected to boost growth of China continuous glucose monitoring devices market. According to International Diabetes Federation, the prevalence of type 2 diabetes in Asia Pacific is expected increase over 150% between 2000 and 2035. In China, the weighted prevalence of total diabetes, self-reported diabetes, newly diagnosed diabetes, and prediabetes diagnosed by the ADA criteria were 12.8%, 6.0%, 6.8%, and 35.2%, respectively, according to a study published in BMJ in April 2020. In Japan, the prevalence of diabetes increased to 7.39 million patients in 2019.
Continuous Glucose Monitoring Systems are real time glucose sensing and monitoring systems that measure and display glucose levels of a patient at regular interval (usually every 5 minutes). The major difference in these systems from conventional blood glucose meters is that these systems measure glucose levels from the patient’s interstitial fluid between the cells of the skin and not the blood stream, thereby avoiding frequent needle pricking to the patient. A typical CGM system comprises a sensor, receiver and a transmitter. The sensor is inserted under the patient’s skin and is attached with an adhesive, the transmitter is attached to the senor which further relays the information to the receiver. The usage of CGM devices is significantly increasing over traditional glucose monitoring devices as these devices are user friendly, provide access to real time values and trend, and provide enhanced accuracy.
Increasing incidences of type I diabetes, rising number of obese people and increasing demand for point of care testing are some of the factors boosting growth of China continuous glucose monitoring devices market. However, unfavorable reimbursement scenario with respect to these devices, and their high cost are the major factors that are anticipated to restrain the growth of this market.
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