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CONTINUOUS GLUCOSE MONITORING (CGM) DEVICES MARKET TO SURPASS US$ 27.7 BILLION T

Effective approach such as continuous glucose monitoring can prevent the complications associated with diabetes as well as premature death that can result from all types of diabetes.

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CONTINUOUS GLUCOSE MONITORING (CGM) DEVICES MARKET TO SURPASS US$ 27.7 BILLION T

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  1. CONTINUOUS GLUCOSE MONITORING MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Continuous Glucose Monitoring Market - Overview The global continuous glucose monitoring (CGM) devices market was pegged at US$ 3,807.3 million in 2018, and is projected to exhibit a CAGR of 24.8% during the forecast period (2019- 2027). The CMG technique is expected to gain significant traction across the world, as it helps with efficient diabetes monitoring and management for people undergoing the intensive insulin therapy. Product clearances from regulatory agencies, such as the U.S. Food and Drug Administration (FDA), and innovative technologies developed by leading manufacturers have immensely augmented the global demand for the CGM devices. Crucial recommendations by healthcare professionals on using CGM devices, which are known to play a pivotal role in patient care protocols in pediatric and adult type 1 and type 2 diabetes, is a major factor boosting the global market development. On the basis of component type, the global continuous glucose monitoring (CGM) devices market is segmented into transmitters, receivers, insulin pumps, and sensors. Furthermore, the global market covers several important regions across the globe, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/continuous-glucose-monitoring-market-57 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Early detection of hypo- and hyper-glycemic events to propel the global market expansion • Continuous glucose monitoring devices can potentially enhance clinical outcomes, avoiding hypo/hyperglycemic events and diabetic ketoacidosis caused due to skipping of insulin doses. The currently available CGM devices display the glucose level, the magnitude, as well as the direction of changing glucose levels, and are essential tools that help predict the possibilities of events like hypo- and hyperglycemia. In addition, the CGM devices aid in reducing chronic diabetes complications by preventing episodes of hypoglycemia, which in turn, helps lower healthcare costs and elevates the quality of life. In 2016, the American Diabetes Association (ADA) recommended diabetes education and training on device operation to optimize the benefits of CGM. • The key players participating in the global continuous glucose monitoring (CGM) devices market are actively engaged in product development and innovation in a bid to enhance their product portfolio diversification, and to introduce novel technologies as well. For instance, in 2017, Medtronic Plc launched ‘MiniMed 670G’, specifically intended for type 1 diabetes patients. The new system, which came to be known as the world's first hybrid closed loop system, features the most advanced and the only FDA-approved insulin pump technology, called the SmartGuard, along with the Guardian Sensor 3, to enable personalized and automated delivery of basal insulin. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/57 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Competitive Scenario: • Some of the well-known players operating in the global continuous glucose monitoring (CGM) devices market are Medtronic, Dexcom, Inc., Abbott Laboratories, Medtrum Technologies, Inc., Tandem Diabetes Care, Senseonics, Glycens, Insulet Corporation, and Nemaura Medical, Inc., STMicroelectronics, NXP Semiconductors, Qualcomm, Taiwan Semiconductor Manufacturing Company Limited, GE Healthcare, Microchip Technology Inc., Texas Instruments Inc., and Micron Technology Inc. Key Market Takeaways: • The global continuous glucose monitoring (CGM) devices market is expected to exhibit a CAGR of 24.8% over the forecast period, owing to the presence of potential markets, such as the Asia Pacific, Latin America, the Middle East, and Africa markets. • Among the various components, the insulin pump segment holds a dominant position in the global market, due to the convenience offered by the compact insulin pump therapy with software integration for diabetes management. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/57 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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