Continuous Blood Glucose Market Size Was Valued at USD 9.58 Billion in 2023 and is Projected to Reach USD 54.67 Billion by 2032, Growing at a CAGR of 21.35 % From 2024-2032.
Market Overview
Continuous glucose monitoring refers to the use of a device that automatically calculates your blood sugar, or blood glucose level, both during the day and at night. Growing diabetes prevalence, improvements in CGM technology, and rising knowledge of the advantages of continuous glucose monitoring were all contributing factors to the market's explosive expansion.
- Along with high blood pressure and high cholesterol, smoking, obesity, inactivity, and being overweight are prominent risk factors for complications from diabetes. The International Diabetes Federation projects that 536.6 million people worldwide will have diabetes in 2021.
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Continuous Blood Glucose Market Key Players:
- Abbott (U.S.)
- ACON Laboratories (US)
- ARKRAY (Japan)
- Ascensia Diabetes Care Holdings AG (Switzerland)
- B. Braun Melsungen AG (Germany)
- Beta Bionics, Inc. (US)
- Dexcom, Inc. (U.S.)
- Echo Therapeutics Inc. (US)
- F. Hoffmann-La Roche Ltd (Switzerland)
- GlySens Incorporated (US)
- Integrity Applications Inc.
- LifeScan IP Holdings, LLC (U.S.)
- Medisana AG (Germany)
- Medtronic (Ireland),and other major players.
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Continuous Blood Glucose Market Trend Analysis
Market Drivers
- The need for blood glucose monitoring will increase due to the rising prevalence of diabetes: Rapid urbanization and the growing trend toward sedentary lifestyles in both developed and emerging countries are the main causes of the increased prevalence of diabetes. China, India, the United States, Brazil, and Mexico accounted for an estimated 51.6% of the expected 537 million adults with diabetes worldwide in 2021, according to the International Diabetes Federation. Worldwide adoption of these systems has accelerated due to the sharp rise in the number of patients with type 1 or insulin-dependent type 2 diabetes.
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Continuous Blood Glucose Market Segmentation
By Product
- Receivers
- Sensors
- Insulin Pump
By Testing Site
- Fingertip testing
- Alternate Site Testing
By End-User
- Home Care
- Diagnostics Centres
- Hospitals
Regional Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Benefits Of The Report
- This study presents the analytical depiction of the global Continuous Blood Glucose industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Continuous Blood Glucose market share.
- The current market is quantitatively analyzed from 2024 to 2032 to highlight the Continuous Blood Glucose market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Continuous Blood Glucose market analysis based on the present and future competitive intensity of the market.
At Introspective Market Research (IMR), we are dedicated to providing in-depth insights across a wide range of industries. Below are some related reports:
Food Certification Market: https://introspectivemarketresearch.com/reports/food-certification-market/
Continuous Blood Glucose Market:
https://introspectivemarketresearch.com/reports/Continuous Blood Glucose-market/
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