Summarization Of the Report
Continuous glucose monitoring systems helps to manage diabetes by providing real time values of the glucose levels and alerts to the patient in the event of hypo or hyperglycemia. This helps reduce the probability of any complications related to diabetes. In addition, CGMS offers varied benefits over other glucose monitors in monitoring the blood glucose levels of ICU patients. The major factors that drive the growth include surge in geriatric population and high prevalence of population suffering from diabetes. However, lack of adequate reimbursement for devices is the key barrier to the adoption of the devices.
The market is categorized based on component, end user, and region. The CGMS components market includes durable components such as transmitters & receivers and integrated insulin pumps; and disposable components such as sensors. The segment for sensors occupies a dominant share in the CGMS market due to recurring sales of CGMS, short scrap life, and bulk purchases. Therefore, it is deployed in diagnostic centers/clinics. Moreover, the adoption of CGMS in hospital ICUs and in-home healthcare settings has increased in the recent years.
The Continuous Glucose Monitoring Systems market research report discusses the importance of the segments as well as the regional markets. An accurate overview for different segments and regions has been prepared on the basis of the market size as well as the growth rate (CAGR). Different industry professionals and research analysts in various regions have examined and validated the data presented in this research report.
Apart from this, the market research report contains an in-depth analysis of the forecasted data, important developments, and revenues. Further, it contains a thorough analysis of the important strategies undertaken by the leading market players to drive their business growth in the global Continuous Glucose Monitoring Systems market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
The research analysts have included important aspects, such as future trends, market position, opportunities, threats, challenges, risks, market dynamics, market share as well as entry barriers in this detailed research report. To be specific, this information is being presented in the form of tables, pie charts, product figures, and graphs. This graphical representation will help the readers to understand the market in a proper way.
In addition, the research report highlights crucial information on upstream raw materials, market development trends, downstream client surveys, and marketing channels. Further, it contains recommendations that offer important information on raw material suppliers, traders, distributors, consumers, and manufacturing equipment suppliers with their contact details, in order to perform an in-depth market chain analysis for the global Continuous Glucose Monitoring Systems market and the energy industry.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
The report forecast global Continuous Glucose Monitoring Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Continuous Glucose Monitoring Systems market for 2015-2027.
Market Segmentation
The Continuous Glucose Monitoring Systems market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
Abbott Laboratories
Dexcom
A. Menarini Diagnostics
Echo Therapeutics
Insulet Corporation
GlySens Incorporated
Johnson & Johnson
Medtronic
Senseonics Holdings
F. Hoffmann-La Roche
At the same time, we classify Continuous Glucose Monitoring Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Sensors
Transmitters & Receivers
Integrated Insulin Pumps
Market by Application
Diagnostics/Clinics
ICUs
Home Healthcare
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Continuous Glucose Monitoring Systems market for the forecast period 2021 - 2027?
• What are the driving forces in the Continuous Glucose Monitoring Systems market for the forecast period 2021 - 2027?
• 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 Continuous Glucose Monitoring Systems 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?
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