Continuous Glucose Monitoring Market Growth, Size, Trends Analysis- By Component, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Continuous Glucose Monitoring Market Introduction and Overview
According to SPER Market Research, ‘Global Continuous Glucose Monitoring Market Size- By Component, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Continuous Glucose Monitoring Market is estimated to reach USD 34.93 billion by 2033 with a CAGR of 13.14%.
Continuous glucose monitoring is a great way to estimate blood glucose levels throughout the day and night. It is made up of three components: a tiny sensor, a sticky patch, and an implanted sensor. These sensors detect the glucose stage in the fluid between cells, which roughly corresponds to the glucose stage in the blood. The CGM machine similarly has three components: a sensor, a transmitter, and a software program.
The COVID-19 outbreak had a significant impact on the continuous glucose monitoring business. Initially, the market experienced a setback due to the start of lockdown and the strict controls imposed by authorities during the lockdown. Throughout the pandemic, continuous glucose monitoring (CGM) gained popularity for diabetes self-management and treatment.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Component, By End User.
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered Abbott, Dexcom Inc, A. Menarini Diagnostics S.r.l, Ypsomed AG, F. Hoffmann-La Roche Ltd, Medtronic, Senseonics Holdings Inc, Medtrum Technologies, Nemaura Medical Inc.
Continuous Glucose Monitoring Market Segmentation:
By Component: Based on the Component, Global Continuous Glucose Monitoring Market is segmented as; Sensors, Durables (Receivers and Transmitter).
By End User: Based on the End User, Global Continuous Glucose Monitoring Market is segmented as; Hospital/Clinics, Home/Personal.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.