The Mobile Continuous Glucose Monitoring System market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
The traditional glucose monitoring techniques usually are make use of small incision on the finger to remove blood for screening the glucose level however diabetic patients may suffer from fluctuating glucose levels throughout the day and may require to inject insulin as the level of glucose in the blood increases, this requires continuous blood glucose monitoring systems. Continuous blood glucose monitoring systems are generally made up of two key components: a sensor that is placed under the skin which monitor the glucose levels and a transmitter which sends the data to a display device which may be smart phones of personal computers. These systems enable the patients or doctors to access blood glucose data constantly and even remotely.
The increasing incidence and prevalence rate of diabetes is mainly expected to boost the demand for continuous glucose monitoring systems.
Asia Pacific is expected to be next promising market for the mobile continuous glucose monitoring systems due to high diabetic population and increasing per capita healthcare spending. China and India are some of the leading countries in prevalence rate of diabetes also companies gain operational leverage due to low labor and raw materials cost in these countries which is expected to significantly boost the mobile continuous glucose monitoring systems market in this region.
Geographically North America and Europe are expected to be the leading markets for mobile continuous glucose monitoring systems.
In the global Mobile Continuous Glucose Monitoring System market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Dexcom
Medtronic
LifeScan
Roche
Insulet
Abbott Laboratories
Panasonic Healthcare
Echo Therapeutics
Tandem Diabetes Care
GlySens
Market Segment by Product Type
Invasive
Non-invasive (Exfoliation)
Market Segment by Application
Self/Home Care
Hospital & Clinics
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Mobile Continuous Glucose Monitoring System market for the forecast period 2020 - 2025?
• What are the driving forces in the Mobile Continuous Glucose Monitoring System market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Mobile Continuous Glucose Monitoring System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?