Published by Uma Rajagopal
Posted on January 11, 2022
Future Market Insights (FMI) provides key insights on the global continuous glucose monitoring system (CGM) in its market research report, “Continuous Glucose Monitoring Systems Market: Global Industry Analysis and Opportunity Assessment
Browse Report: http://www.futuremarketinsights.com/reports/continuous-glucose-monitoring-systems-market
The incidences of diabetes have been increasing across the globe and over the last two decades, diabetes has emerged as a serious health issue. The mortality rate among the age group of 20 to 80 years has increased due to diabetes. Thus, people have become more health conscious and monitor their glucose status regularly so that they will be able to take immediate action under critical conditions.The key factors driving the continuous glucose monitoring systems market include advancement in CGM technology, increase in prevalence of diabetes, and rising geriatric population.
The key trends analysed by FMI in continuous glucose monitoring systems market include development of innovative CGMs, focus on getting U.S. FDA approval, and integration of CGMs with mobile apps and Apple Watch.
FMI has segmented the CGM systems market into household, and hospital and diagnostics centres.
The household segment accounted for nearly 68.8% share of the overall market in 2015; FMI estimates this segment to expand at a CAGR of 11.9% during the forecast period 2015-2020.
Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-694
The hospitals and diagnostics centres segment is anticipated to expand at 12.5% CAGR during the forecast period and account for 31.8% market share by 2020.
On the basis of components, FMI has segmented the continuous glucose monitoring systems market into transmitter and monitor, sensor, and insulin pump. Among the aforementioned segments, sensor component segment is anticipated to expand at the highest CAGR of 13.9%.
FMI’s analysis on the competitive landscape in the continuous glucose monitoring systems market has revealed that Medtronic has the largest share. Dexcom and Abbott are projected to account for market shares of 31.1% and 16.7% respectively.
North America is the most lucrative region for continuous glucose monitoring market, accounting for a market share of 58.6% in 2015. Western Europe is the other big market, with FMI projecting the CGM systems market to account for 20.9% by 2020.
Press Release: http://www.futuremarketinsights.com/press-release/continuous-glucose-monitoring-systems-market
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Future Market Insights (FMI) provides key insights on the global continuous glucose monitoring system (CGM) in its market research report, “Continuous Glucose Monitoring Systems Market: Global Industry Analysis and Opportunity Assessment
Browse Report: http://www.futuremarketinsights.com/reports/continuous-glucose-monitoring-systems-market
The incidences of diabetes have been increasing across the globe and over the last two decades, diabetes has emerged as a serious health issue. The mortality rate among the age group of 20 to 80 years has increased due to diabetes. Thus, people have become more health conscious and monitor their glucose status regularly so that they will be able to take immediate action under critical conditions.The key factors driving the continuous glucose monitoring systems market include advancement in CGM technology, increase in prevalence of diabetes, and rising geriatric population.
The key trends analysed by FMI in continuous glucose monitoring systems market include development of innovative CGMs, focus on getting U.S. FDA approval, and integration of CGMs with mobile apps and Apple Watch.
FMI has segmented the CGM systems market into household, and hospital and diagnostics centres.
The household segment accounted for nearly 68.8% share of the overall market in 2015; FMI estimates this segment to expand at a CAGR of 11.9% during the forecast period 2015-2020.
Request Sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-694
The hospitals and diagnostics centres segment is anticipated to expand at 12.5% CAGR during the forecast period and account for 31.8% market share by 2020.
On the basis of components, FMI has segmented the continuous glucose monitoring systems market into transmitter and monitor, sensor, and insulin pump. Among the aforementioned segments, sensor component segment is anticipated to expand at the highest CAGR of 13.9%.
FMI’s analysis on the competitive landscape in the continuous glucose monitoring systems market has revealed that Medtronic has the largest share. Dexcom and Abbott are projected to account for market shares of 31.1% and 16.7% respectively.
North America is the most lucrative region for continuous glucose monitoring market, accounting for a market share of 58.6% in 2015. Western Europe is the other big market, with FMI projecting the CGM systems market to account for 20.9% by 2020.
Press Release: http://www.futuremarketinsights.com/press-release/continuous-glucose-monitoring-systems-market
Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape
Gaucher and Pompe Diseases Enzyme Replacement Therapy (ERT) Market FMI’s analysis gives an insight into key market trends, strategies, regional players and various segments on the basis of form, type, application and region.
Silent Scan Technology Market Find insights into global market scenario and segmentation on the basis of ingredients, application, source and region.
Europe Platelet Rich Plasma (PRP) Market FMI’s report highlights parent market trends and strategies in the market with segments and dynamics through the forecast period.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
