Continuous Glucose Monitoring Systems Market Size, Share, Leading Key Players & Discover New Trends By 2031

The global continuous glucose monitoring systems (CGMS) market size was valued at $1,774.2 million in 2019, and is projected to reach $8,844.9 million by 2027, registering a CAGR of 22.0% during the forecast period. Increase in adoption of continuous glucose monitoring systems in home care applications and rise in incidence of diabetes are the major factors that drive the market growth. However, reimbursement and stringent regulatory issues in developing countries is anticipated to restrain the market growth. Continuous glucose monitoring systems help to manage diabetes by providing real time values of the glucose levels and alert the patient in the event of hypo or hyperglycemia. This helps reduce the probability of any complications related to diabetes. In addition, CGMS offers varied benefits over other glucose monitors in monitoring the blood glucose levels of ICU patients.

The impact of the driving factors is expected to surpass that of the restraints. Hence, the market is projected to grow at a CAGR of 20.0% from 2020 to 2027. On the contrary, emerging markets are anticipated to offer significant growth opportunities for the market players in the future.

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The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.

Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).

KEY BENEFITS FOR STAKEHOLDERS

? This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2027, which assists to identify the prevailing market opportunities.
? An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans.
? A comprehensive analysis of the factors that drive and restrain the growth of the global digital therapeutics market is provided.
? An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.

KEY MARKET PLAYERS
– 2MORROW, Inc.
– Fitbit, Inc. (Twine Health, Inc.)
– Livongo Health, Inc.
– Medtronic Plc.
– OmadaHealth, Inc.
– Pear Therapeutics, Inc.
– Proteus Digital Health, Inc.
– Resmed, Inc. (Propeller Health)
– Voluntis, Inc.
– Welldoc, Inc.

– Canary Health Inc.
– Mango Health Inc.
– Noom, Inc.
– Dthera Sciences

KEY MARKET SEGMENTS
– By Component
o Sensors
o Transmitters & Receivers
o Integrated Insulin Pumps

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By Demographics
– Child Population (?14 years)
– Adult Population (>14 years)

By End User
– Diagnostics/Clinics
– ICUs
– Home Healthcare

By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– UK
– Germany
– France
– Spain
– Italy
– Netherlands
– Norway
– Sweden
– Denmark
– Finland
– Rest of Europe
o Asia-Pacific
– China
– India
– Australia
– Japan
– South Korea
– Rest of Asia-Pacific
o LAMEA
– Brazil
– Venezuela
– Saudi Arabia
– South Africa
– Argentina
– Rest of LAMEA

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

Reasons to Buy This Report:

  • This file will help the peruses with appreciation the opposition interior the ventures and structures for the serious local weather to improve the feasible benefit. The document moreover facilities round the cutthroat scene of the market, and provides exhaustively the piece of the pie, industry positioning, contender organic system, market execution, new object advancement, recreation circumstance, development, and securing.
  • And so forth of the fundamental players, which assists the peruses with distinguishing the indispensable contenders and profoundly know the opposition instance of the market.
  • This record will help companions with greedy the global enterprise popularity and patterns of Telemedicine Administration Frameworks and offers them statistics on key market drivers, restrictions, difficulties, and open doors.
  • This document will aid companions with grasp contenders higher and collect experiences to reinforce their scenario in their organizations. The serious scene region contains the piece of the pie and rank (in extent and worth), contender environment, new object improvement, development, and obtaining.
  • This document stays refreshed with novel innovation mix, highlights, and the latest developments on the lookout.
  • This file assists companions with grasp the Coronavirus and Russia-Ukraine War Impact on the Telemedicine Administration Frameworks industry.
  • This record assists companions with obtaining bits of know-how into what locales to internationally target.
  • This file assists companions with obtaining experiences into the end-client perception regarding the reception of Telemedicine Administration Frameworks.
  • This document assists companions with distinguishing a component of the central members on the lookout and hold close their essential commitment.

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