CONTINUOUS GLUCOSE MONITORING SYSTEM (CGMS)MARKET Global Industry Analysis & Forecast 2015-2023
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Report Summary KEY FINDINGS
• Continuous glucose monitoring system aids in measuring the content of sugar in blood in both hypoglycemic and hyperglycemic diabetic patients. • It also implicates measuring glucose levels at regular intervals to get an exceptional insight into the glucose level trends. •
A glucose sensor is placed under the tissue as an injection with a syringe to get the glucose content from the tissue fluid.
• The glucose level data is then transmitted from the sensor to receiver display with the help of radio waves. Information of HbA1C and the levels of Fructosamine levels in the blood are also provided by the monitor.
• The market is segmented by application, product type and geography. • There are diverse product types comprising CGMS including the transmitters and receivers, and the sensors. • The Sensors are further segmented on the basis of holter type retrospective sensors, insulin pumps, non-invasive glucose sensors, minimally invasive glucose sensors and real-time sensors. • The glucose monitors applications end-users include homes, hospitals, diagnostics and clinics.
Market Insights
• High acceleration in the prevalence of diabetes, rising health awareness in developing countries, changes in lifestyle, sedentary lifestyle, the rise in the need of efficient and hassle-free monitoring of blood and the launch of an artificial pancreas are the market drivers for CGMS. • The most market share includes the product type, transmitters, and receivers. During the forecast period, it is anticipated that the insulin pumps will show a good CAGR by capturing a big market share. An effective growth rate for Sensors is also expected during the forecast period.
• Hospitals have the largest market share in terms of the end-user segment. The highest CAGR is expected for Home healthcare as an end-user. • Browse Details Report @ https://www.inkwoodresearch.com/reports/global-continuous-glucose-monitoring-system -market-forecast-2016-2023 / • High costing of continuous glucose monitoring systems, deficient reimbursement options, and stringent regulatory norms are the factors that are likely to restrain the market growth
Market Share
Regional Insights • Asia-Pacific, Europe, North America, and RoW are included in the global report. • North America has colossal market share of CGMS market. With an awareness of benefits of using continuous glucose monitoring systems, better healthcare infrastructure, accelerated incidences of diabetes due to a sedentary lifestyle and high healthcare expenditure are some of the factors leading to the market growth. • Europe also has a good market share with high awareness and good healthcare infrastructure.
• The Asia-Pacific CGMS market is anticipated to report the highest growth during the forecast period. • An increase in awareness, high budget and rise in the number of chronic diseases and the accelerating investment in healthcare infrastructure by the government are expected to be the market drivers for the growth of continuous glucose monitoring system market. • The high acceleration in obesity cases and awareness and knowledge of disease management will lead to market growth on a global level
Competitive Insights
The major market players for continuous glucose monitoring system are Animas Corporation, Novo Nordisk, Abbott Laboratories, Dexcom Inc., Glysens Inc., Bayer AG Roche, Medtronic Inc., Insulet Corporation, and Ypsomed AG.
Report Segmentation RESEARCH SCOPE STUDY GOALS SCOPE OF THE STUDY MARKET AND FORECASTING YEARS RESEARCH METHODOLOGY SOURCES OF DATA BOTTOM UP APPROACH TOP DOWN APPROACH DATA TRIANGULATION EXECUTIVE SUMMARY MARKET SUMMARY & KEY FINDINGS OF THE STUDY MARKET OVERVIEW DRIVERS AND IMPACT RESTRAIN AND IMPACT
MARKET BY COMPONENT TYPE SENSORS TRANSMITTERS AND RECEIVERS INSULIN PUMP MARKET BY APPLICATION DIAGNOSTICS AND CLINICS HOSPITALS HOME SETTINGS KEY ANALYTICAL 5 FORCES ANALYSIS TOP THREE MARKET TRENDS TOP THREE GEOGRAPHIES MERGER AND ACQUISITIONS
REGIONAL ANALYSIS NORTH AMERICA US CANADA EUROPE GERMANY UK FRANCE REST OF EUROPE (RoE) ASIA PACIFIC (APAC) CHINA INDIA AUSTRALIA REST OF ASIA PACIFIC (RoAP) LATIN AMERICA REST OF THE WORLD (RoW)
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