Continuous Blood Glucose Monitoring Market: Forthcoming Trends and Share Analysis by 2032
The Continuous Blood Glucose Monitoring Market size is expected to grow from USD 7,221.7 Million in 2022 to USD 15,604.63 Million by 2030, at a CAGR of 10.11% during the forecast period.
Using a device to automatically assess your blood glucose level, also known as blood sugar, day and night is known as continuous glucose monitoring. The market for continuous blood glucose monitoring (CGM) was expanding quickly due to rising diabetes rates, improvements in CGM technology, and rising awareness of the advantages of CGM.
Diabetes can be easily and successfully managed with the help of CGM systems, which are minimally intrusive. Additionally, they have the ability to recognize abrupt fluctuations in blood glucose levels, which helps to avoid hypoglycemia. With the aid of a sensor, the CGM devices make it easier to analyze blood glucose levels at various intervals. Accurate readings sent over a wireless network to diabetes management software provide patients a greater understanding of their condition and enable them to control it more skillfully.
Blood glucose monitoring facilitates the identification of trends in blood glucose (sugar) fluctuations resulting from dietary changes, physical activity, medication interactions, and pathological processes like diabetes mellitus. Blood glucose levels that are abnormally high or low have the potential to cause acute and chronic diseases that are potentially fatal. CBG tests are commonly used to describe blood glucose level (BGL) or blood sugar level (BSL) monitoring that takes place outside of clinical settings, including at home. On the other hand, CBG and venous blood tests for plasma glucose may be used in clinical settings for blood glucose testing.
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Leading players involved in the Continuous Blood Glucose Monitoring Market include:
- Abbott (U.S.)
- ACON Laboratories (US)
- ARKRAY (Japan)
- Ascensia Diabetes Care Holdings AG (Switzerland)
- Braun Melsungen AG (Germany)
- Beta Bionics, Inc. (US)
- Dexcom, Inc. (U.S.)
- Echo Therapeutics Inc. (US)
- Hoffmann-La Roche Ltd (Switzerland)
- GlySens Incorporated (US)
- Integrity Applications Inc.
- LifeScan IP Holdings, LLC (U.S.)
- Medisana AG (Germany)
- Medtronic (Ireland)
- Metronom Health Inc. (US)
- Nipro (Japan)
- Nova Biomedical (US)
- OrSense (Israel)
- PKvitality (France)
- Prodigy Diabetes Care (US)
- Sanofi (France)
- Senseonics (U.S.)
- Siren Care, Inc. (US)
- Terumo Corporation (Japan)
- Ypsomed (Switzerland), and other major players.
The latest report on the Continuous Blood Glucose Monitoring Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global Continuous Blood Glucose Monitoring industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Continuous Blood Glucose Monitoring market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.
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Segmentation of Continuous Blood Glucose Monitoring Market:
By Product
- Receivers
- Sensors
- Insulin Pump
By Testing Site
- Fingertip testing
- Alternate Site Testing
By End-User
- Home Care
- Diagnostics Centres
- Hospitals
By Regions: -
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Benefits of Continuous Blood Glucose Monitoring Market Research:
- Research Report covers the Industry drivers, restraints, opportunities and challenges
- Competitive landscape strategies of leading key players
- Potential niche segments and regional analysis exhibiting promising growth covered in the study
- Recent industry trends and market developments
- Research provides historical, current, and projected market size share, in terms of value
- Market intelligence to enable effective decision making
- Growth opportunities and trend analysis
- Covid-19 Impact analysis and analysis to Continuous Blood Glucose Monitoring market
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