The China Continuous Glucose Monitoring Devices Market Growth Accelerated by Rising Prevalence of Diabetes

Niranjan Mardakar

The China Continuous Glucose Monitoring Devices Market Growth Accelerated by Rising Prevalence of Diabetes

Continuous glucose monitoring devices are able to monitor blood glucose levels in real time, providing key advantages over traditional self-monitoring of blood glucose testing methods. These devices offer convenience to users and help improve glycemic control for those living with diabetes. The growing prevalence of diabetes has led to a higher demand for continuous glucose monitoring in China.

The China Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 176.4 Mn in 2023 and is expected to exhibit a CAGR of 22% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growing prevalence of diabetes has been a key driver accelerating growth in the China continuous glucose monitoring devices market. An estimated 141 million adults in China currently have diabetes and prediabetes levels are highly prevalent as well, with changing diets and increasingly sedentary lifestyles contributing to climbing rates of the condition. Continuous glucose monitoring devices offer improved management of blood glucose for diabetes patients, helping them avoid dangerous hypo- and hyperglycemic events. The ability of these devices to alert users in real-time to changing glucose levels has made them increasingly popular for diabetes management in China. Rising awareness of the benefits of continuous monitoring over finger prick methods is further expected to support strong market growth over the forecast period.

Segment Analysis

The Global China Continuous Glucose Monitoring Devices Market Size is segmented into professional CGM systems and personal CGM systems. The personal CGM systems segment dominated the market in 2023 and is expected to continue its dominance over the forecast period. This is because personal CGM systems are affordable, easy-to-use, and non-invasive options that provide patients flexibility, especially for those with type 2 diabetes.

Key Takeaways

The global China continuous glucose monitoring devices market is expected to witness high growth over the 2023-2030 period. The China Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 176.4 Mn in 2023 and is expected to exhibit a CAGR of 22% over the forecast period 2023 to 2030.

The southern region of China accounted for the largest market share in 2023 and is projected to experience the fastest growth during the forecast period. This is due to the increasing prevalence of diabetes and rising disposable income in provinces such as Guangdong and Fujian that allow more patients to opt for CGM devices.

Key players

Key players operating in the China continuous glucose monitoring devices market are Medtronic PLC, Abbott Laboratories, Senseonics, STMicroelectronics, NXP Semiconductors, Qualcomm, Taiwan Semiconductor Manufacturing Company Limited, GE Healthcare, Microchip Technology Inc., Texas Instruments Inc., Micron Technology Inc., Renesas Electronics Corporation, and Toshiba Corporation. Medtronic and Abbott collectively accounted for over 50% market share in 2023 owing to their diverse product portfolios and strong distribution networks across China.

Get More Insights On This Topic: https://www.newsstatix.com/china-continuous-glucose-monitoring-devices-market-size-share-analysis-2023-2030/

Niranjan Mardakar

China Continuous Glucose Monitoring Devices Market Is Estimated To Witness High Growth Owing To Growing Demand For Remote Patient Monitoring

Pooja Khodke 2024-01-19

The global China Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 2 Billion in 2024 and is expected to exhibit a CAGR Of 3. Porter’s AnalysisThreat of new entrants: The threat of new entrants is moderate in the China continuous glucose monitoring devices market. Key TakeawaysThe China Continuous Glucose Monitoring Devices Market Demand is expected to witness high growth over the forecast period driven by increasing diabetes prevalence. The global China Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 2 billion in 2024 and is expected to exhibit a CAGR of 3. Key players:Key players operating in the China continuous glucose monitoring devices market are Dexcom, Abbott, Senseonics, Medtronic and Novo Nordisk.

Continuous Glucose Monitoring Devices Market In China Is Estimated To Witness High Growth Owing To Increasing Prevalence Of Diabetes

Poonam 2024-01-04

The global Continuous Glucose Monitoring Devices Market in China is estimated to be valued at US$ 176. However, increasing awareness about benefits of continuous glucose monitoring devices enhances loyalty among buyers. However, continuous glucose monitoring devices offer advanced features with continuous feedback. SWOT Analysis Strength: Continuous glucose monitoring devices offer real-time glucose monitoring without finger pricks, advanced diabetes management features and connectivity with smartphones. Key Takeaways The China Continuous Glucose Monitoring Devices Market Growth is expected to witness high growth during the forecast period of 2023 to 2030, growing at a CAGR of 5.

The China Continuous Glucose Monitoring Devices Market Is Driven By Increasing Prevalence Of Diabetes

ashwinicmi 2023-12-28

The increasing prevalence of diabetes in China, coupled with growing awareness regarding diabetes management, has augmented the demand for continuous glucose monitoring devices in the country. The global China Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 176. Porter's Analysis Threat of new entrants: The China continuous glucose monitoring devices market has moderate threat of new entrants due to the increasing healthcare expenditures and rising disposable income of consumers. Competitive rivalry: The competition in the China continuous glucose monitoring devices market is high due to the presence of numerous national and international brands. Regional analysis The eastern region dominates the China continuous glucose monitoring devices market due to the growing diabetic population and increasing healthcare expenditures in this region.

Continuous Glucose Monitoring Devices Market Growth Accelerated By Rise In Diabetes Cases

Dhanesha Patil 2024-01-03

The global continuous glucose monitoring devices market provides an effective way to monitor glucose levels for people suffering from type 1 diabetes as well as type 2 diabetes on an insulin pump. The global Continuous Glucose Monitoring Devices Market is estimated to be valued at US$ 2. This has resulted in an increased demand for effective glucose monitoring devices like CGM systems. Segment Analysis The Global Continuous Glucose Monitoring Devices Market analysis is segmented on the basis of component, type and end use. Based on type, the market is segmented into self-monitoring blood glucose system and continuous glucose monitoring system.

China's Growing Continuous Glucose Monitoring Devices

Sneha 2024-03-15

Key players such as Ypsomed, Roche, and Medtronic currently account for over 60% of China's CGM share but local upstarts are gaining ground rapidly. - Deep Blue Technology: Based in Wuxi, Deep Blue produces the WatchOG glucose monitoring bracelet approved in 2019. Meanwhile, clinicians and patients increasingly recognize the benefits of continuous monitoring technology versus finger pricking alone. Going forward, the Chinese CGM is expected to grow at a 15% compound annual rate through 2027 according to industry analysts. Get more insights on China Continuous Glucose Monitoring Devices

Continuous Glucose Monitoring (CGM) Devices Market Segmentation Ad Forecast 2023-2030

Rahul Kumar Yadav 2023-07-21

The Continuous Glucose Monitoring (CGM) Devices Market has witnessed significant growth and evolution in recent years, driven by the increasing prevalence of diabetes and the growing demand for advanced diabetes management solutions. The CGM devices market can be segmented based on various factors, such as technology, component, end-user, and region. The increasing adoption of CGM devices by individual users is one of the major drivers for market growth. North America dominates the Continuous Glucose Monitoring (CGM) Devices Market due to the high prevalence of diabetes and the presence of well-established healthcare infrastructure. Overall, the Continuous Glucose Monitoring (CGM) Devices Market is experiencing remarkable growth and diversification with advancements in technology and a rising focus on diabetes management.

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The Continuous Glucose Monitoring Devices Market to grow at highest pace owing to rising prevalence of diabetes

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Continuous Glucose Monitoring Devices Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027

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The Global Continuous Glucose Monitoring Devices Market report encompasses vital information about the Continuous Glucose Monitoring Devices market that offers valuable insights about the dynamics of the Continuous Glucose Monitoring Devices market to the readers and businesses.

The report presents key statistical data about the Continuous Glucose Monitoring Devices market for the forecast timeline of 2020-2027, covering historical analysis, demands and supply dynamics, current and emerging trends, and revenue estimations.

The report consists of total market insight based on the company, major countries, and applications and types in the competitive market.

The report strives to provide an accurate estimation of the market trends for the Continuous Glucose Monitoring Devices market from the year 2020 to the year 2027.

The research report consists of a complete market analysis, including financial standing, revenue estimation, limitations, and dynamics that might affect the market.The report is generated according to the latest economic landscape in tune with the COVID-19 crisis.

The pandemic has affected the global economic scenario, and the report provides details about its impact on the overall industry.

Mobile Continuous Glucose Monitoring Market 2021 Major Key Players and Industry Analysis Till 2027

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The entire mobile continuous glucose monitoring market has been sub-categorized into type, application. Request a FREE Sample Copy of Global Mobile Continuous Glucose Monitoring Market Report with Full TOC At: https://www. com/contact/mobile-continuous-glucose-monitoring-market/download-sampleBy Type· Invasive· Non-Invasive (Exfoliation)By Application· Self/Home Care· Hospital & ClinicsThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the mobile continuous glucose monitoring market include Dexcom, Medtronic, LifeScan, Roche, Insulet, Abbott Laboratories, Panasonic Healthcare, Echo Therapeutics, Tandem Diabetes Care, GlySens. Browse Full Global Mobile Continuous Glucose Monitoring Market Research Report With TOC At: https://www.

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A recently published study by Polaris Market Research titled “Continuous Glucose Monitoring Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032” contains a detailed examination of major trends, dynamics, and market size of Continuous Glucose Monitoring Market. “According to the research report published by Polaris Market Research, the Global Continuous Glucose Monitoring Device Market Size Is Expected To Reach USD 14. ”It then offers an analysis of the segmentation of Continuous Glucose Monitoring Market by types, potential applications, and production analysis. Ask Us to Get Your Sample PDF Report on Continuous Glucose Monitoring Market" Covering TOC and Regional Analysis https://www. com/industry-analysis/continuous-glucose-monitoring-marketAbout Us:Polaris Market Research is a worldwide market research and consulting organization.

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The report consists of total market insight based on the company, major countries, and applications and types in the competitive market.

The report strives to provide an accurate estimation of the market trends for the Continuous Glucose Monitoring Devices market from the year 2020 to the year 2027.

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Global Continuous Glucose Monitoring Meter Market Report, Latest Trends, Industry Opportunity & Forecast to 2027

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Continuous Glucose Monitoring Meter Market report published by Value Market Research, which studies the future outlook of the market.

It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the continuous glucose monitoring meter market include Abbott Laboratories, Dexcom, Inc., A. Menarini Diagnostics, Echo Therapeutics, Inc., GlySens Incorporated, Johnson & Johnson, Medtronic plc, Senseonics Holdings, Inc., and F. Hoffmann-La Roche Ltd.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Continuous Glucose Monitoring Meter Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/continuous-glucose-monitoring-meter-market/download-sampleMarket DynamicsThe prime factors driving the global continuous glucose monitoring meter market are the rising burden of diabetic patients and the increasing demand for minimally invasive monitoring devices.

As per Diabetes Research and Clinical Practice, the global diabetes prevalence in 2019 was estimated to be 463 million people, rising to 10.2% by 2030 and 10.9% by 2045.

Growing approvals by FDA for new CGM monitoring device is projected to boost competition as well as revenue.

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In this report-oriented blog, we will explore the dynamics of the CGM devices market, its growth potential, key players, and the impact of CGM devices on diabetes management and patient outcomes. According to Coherent Market Insights, The global Continuous Glucose Monitoring Devices Market was valued at US$ 5. This allows individuals and healthcare professionals to identify potential glycemic issues, make targeted adjustments to diabetes management plans, and improve overall glycemic control. Access to CGM devices and reimbursement policies vary across regions, limiting affordability and accessibility for some individuals with diabetes. Overcoming cost barriers and improving insurance coverage are essential to expand the adoption of CGM devices.

Continuous Glucose Monitoring Devices Market Is Estimated To Witness High Growth Owing To Increasing Prevalence of Diabetes

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The global Continuous Glucose Monitoring (CGM) Devices Market is estimated to be valued at US$ 5. PEST Analysis: Political: The political factors affecting the continuous glucose monitoring devices market include government regulations, policies, and healthcare reforms. For example, the FDA in the United States requires the approval of continuous glucose monitoring devices to ensure their safety and efficacy. The rising prevalence of diabetes and the increasing need for efficient glucose monitoring drive the demand for continuous glucose monitoring devices. Regional analysis shows that North America is the fastest-growing and dominating region in the continuous glucose monitoring devices market.

Say Goodbye to Fingersticks & hello to Continuous Glucose Monitoring Systems

Med Supply US 2023-07-22

Say Goodbye to Fingersticks& hello to Continuous Glucose Monitoring SystemsWelcome to Med Supply US, your trusted destination for top-tier Continuous Glucose Monitoring (CGM) devices. We understand the significance of accurate blood glucose monitoring, and our products are designed to empower individuals to take charge of their health and make informed decisions. At Med Supply US, we take great pride in our dedication to customer satisfaction. Whether you're looking for continuous glucose monitoring for yourself or a loved one, we are here to guide you through the selection process and ensure you make a well-informed choice. Thank you for choosing Med Supply US as your partner in managing diabetes and improving your overall well-being.

Global China Continuous Glucose Monitoring Devices Market Is Estimated To Witness High Growth Owing To Increasing Incidence of Diabetes and Technological Advancements

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The global China Continuous Glucose Monitoring Devices market is estimated to be valued at US$176. A) Market Overview:China Continuous Glucose Monitoring Devices are medical devices that continuously monitor and measure glucose levels in diabetic patients. B) Market Dynamics:The China Continuous Glucose Monitoring Devices Market is driven by two main factors. Competition from traditional glucose monitoring methods: Traditional glucose monitoring methods, such as blood glucose meters, still dominate the market and pose a threat to the adoption of continuous glucose monitoring devices. D) Key Takeaways:- The global China Continuous Glucose Monitoring Devices market is expected to witness high growth, exhibiting a CAGR of 22.

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The Global Continuous Glucose Monitoring Devices Market research report offers accurate insights for the growth prospects of the Continuous Glucose Monitoring Devices market in the forecast years 2020-2027.

The report is an all-inclusive study of the Continuous Glucose Monitoring Devices market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.

The global public health emergency has disrupted the lives of everyone across the globe.

It has also had a substantial impact on the Continuous Glucose Monitoring Devices industry as global supply chains have been disrupted, and the financial scenario is tight.

The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2172Scope of the Market Report: The report offers a holistic overview of the Continuous Glucose Monitoring Devices industry that offers all the essential information.

Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.

Continuous Freestyle Diabetes Glucose Monitoring with CGM Systems

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An alarming rate of diabetes prevalence among both children, and adults continues to drive demand for diabetes monitoring devices. With increasing introduction of products like continuous glucose monitoring devices that have an edge over traditional blood glucose meters in terms of accuracy, demand for diabetes monitoring devices is likely to be on an upswing. Increasing patient awareness regarding this has been significantly benefiting the brands manufacturing innovative diabetes monitoring devices. Online sales have been playing a crucial role in shaping up the demand dynamics of such diabetes monitoring devices. Some of the top players stirring competition in the diabetes monitoring devices market, include Abbott Diabetes Care, Dexcom Inc.

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The report consists of total market insight based on the company, major countries, and applications and types in the competitive market.

The report strives to provide an accurate estimation of the market trends for the Continuous Glucose Monitoring Devices market from the year 2020 to the year 2027.

The pandemic has affected the global economic scenario, and the report provides details about its impact on the overall industry.

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The global public health emergency has disrupted the lives of everyone across the globe.

It has also had a substantial impact on the Continuous Glucose Monitoring Devices industry as global supply chains have been disrupted, and the financial scenario is tight.

The Global Continuous Glucose Monitoring Devices Market Forecast to 2027 | Global Industry Report

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The report consists of total market insight based on the company, major countries, and applications and types in the competitive market.

The report strives to provide an accurate estimation of the market trends for the Continuous Glucose Monitoring Devices market from the year 2020 to the year 2027.

The pandemic has affected the global economic scenario, and the report provides details about its impact on the overall industry.

Continuous Freestyle Diabetes Glucose Monitoring with CGM Systems

seooffpage expert 2019-06-12

I will allude everybody I know.

On the off chance that you aren't sure, dependably go for free-form libre coupons.

I am so satisfied with this item.

Glucose levels can change essentially dependent on when and what you eat just as your movement level.

Global Continuous Glucose Monitoring Meter Market Report, Latest Trends, Industry Opportunity & Forecast to 2027

Nancy Patel 2021-07-24

Continuous Glucose Monitoring Meter Market report published by Value Market Research, which studies the future outlook of the market.

As per Diabetes Research and Clinical Practice, the global diabetes prevalence in 2019 was estimated to be 463 million people, rising to 10.2% by 2030 and 10.9% by 2045.

Growing approvals by FDA for new CGM monitoring device is projected to boost competition as well as revenue.

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