Continuous Blood Glucose Monitoring Market Growth: Insights into the USD 54.67 Billion Opportunity by 2032 from Vikas's blog
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.
Read More:
https://introspectivemarketresearch.com/reports/continuous-blood-glucose-monitoring-market/
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.
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dedicated to providing in-depth insights across a wide range of industries.
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https://introspectivemarketresearch.com/reports/Continuous
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