Continuous Glucose Monitoring Device Market

1. Continuous Glucose Monitoring Device MarketSet to Exceed $12.18 Billion By 2026 | CAGR 15.8% “Continuous Glucose Monitoring Device Market Share, Size, Trends, Industry Analysis Report By Component Type (Transmitters & Receivers, Sensors, Insulin Pumps); By End-Use (Hospitals, Homecare Diagnostics); By Regions (North America, Europe, Asia Pacific, Middle East & Africa, Latin America); Segment Forecast, 2020 - 2026”

2. Continuous Glucose Monitoring Device Market Estimate & Forecast to 2026 The global Continuous Glucose Monitoring Device Market size is expected to reach USD 12.18 billion by 2026 according to a new study by Polaris Market Research. Continuous Glucose Monitoring Device have witnessed tremendous growth in the recent past and this trend is expected to continue from 2020 to 2026. Health agencies as well as governments have issued health advisories which explicitly mention that people suffering from diabetes are at high risk of corona virus infection. Experts have also specifically mentioned that continuous monitoring of blood glucose levels to avoid worsening of conditions. CGM is expected to benefit from such trends. In order to cope with the rising demand for COVID-19 tests, companies such as Abbot have customized their production lines and manufacturing schedules to produce corona virus test kits. However, such companies have stressed on the fact that the production of other products such as CGM will not be hampered. It is expected that there will be exponential rise in demand for CGM products in the next few years. As of now, healthcare has become of prime importance and there is rising importance of preventive healthcare. Ease of usage of CGM products, easy availability coupled with COVID-19 scare is expected to fuel the market growth.

3. Continuous Glucose Monitoring Device Market Scope Request for sample

4. Continuous Glucose Monitoring Device Market Estimate & Forecast to 2026 The regulatory framework is one of the most restraining factors pertaining to pharmaceutical, biotechnology and medical technology industry. Absence of clear regulatory framework/guidelines for the diagnostic sector in developing countries such as India and China where the CGM market has great growth potential due to the presence of a large patient base is anticipated to impede growth in the coming years. The presence of such discrete and uncertain scenario about the regulations for CGM devices creates confusion among CGM manufacturers regarding commercialization. Access Research Report On Continuous Glucose Monitoring Device Market North America emerged as the largest market in 2019 and the regional market is expected to dominate the market up to the end of the forecast period i.e. 2026. Strong presence of market participants, high awareness regarding device usage and high inclination towards preventive healthcare are some of the factors benefitting the regional market growth. Companies such as Senseonics Holdings, Inc., Insulet Corporation, Bayer AG, Ypsomed Holding AG, LifeScan, Novo Nordisk, Medtronic PLC, Dexcom Inc., Abbott Diagnostics Inc., and Roche Diagnostics are some of the key players operating in the Continuous Glucose Monitoring Device Market.

5. Continuous Glucose Monitoring Device Market Size Speak To Analyst

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