Medical Devices

Continuous Glucose Monitoring Market (CGM Systems, Application, Diabetic Type, and Adoption by Age Group) - Current Trends, Size, Share, Industry Analysis, Competitive Intelligence, Growth, Opportunities and Global Forecasts, 2012 - 2020

  • ALL88
  • 0 Pages
  • December 2013
  • Medical Devices



Rise in incidence of diabetes across the globe has elevated the need of innovative diabetic management devices that has increased adoption of continuous glucose monitoring (CGM) devices. The existing glucose monitoring devices have few gaps which are bridged by the innovative CGM. With continuous glucose monitoring, significant improvement has been observed in stabilizing elevated A1C levels which in turn reduces risk of developing long term diabetic complications. Other driving factors for CGM market are technological innovation in the form of artificial pancreas, increasing awareness among developed, developing and under developed economies, and rise in incidences of diabetic cases. However, factors such as strict regulatory impositions, inadequate reimbursement options for CGM and accuracy as well as cost of the CGMs are restraining the market growth.The global continuous glucose monitors market generated revenue of $194.8 million in 2012 and is expected to reach market size of value $568.5 million by 2020, growing at a CAGR of 14.8% during 2013-2020. This growth is attributed to increase in technological innovations, namely launch of artificial pancreas, convenience offered by CGM over self monitoring glucose devices, and earlier detection of the hypo & hyperglycemic events by CGM.



Global CGM market is segmented based on application as home settings, diagnostics and hospitals. Among all the application segments home settings is expected to generate maximum revenue by 2020.



North America is the maximum revenue-generating segment across the globe, mainly due to rapid acceptance of innovative technology, well-penetrated reimbursement system when compared with other geographies and rise in patient pool. Asia Pacific is expected to grow at a faster rate due to large patient pool, geographical expansion of market players, increase in income levels and improved living standards of the people.



Key market players in this market includes, Medtronics, Dexcom, Animas Corporation, Ypsomed AG, Omnipod and Miraculins, Inc inlcuding others. The major strategy adopted the market players across this geography is Collaborations, Product launches and approvals. Collaborations specifically focus on distribution and commercialization of the devices.



KEY BENEFITS




  • The report ranks the factors that are responsible to accelerate the market growth driven by upper hand of CGM over Self monitoring glucose devices, approval for artificial pancreas and many more

  • Market is forecasted for period of seven years 2013 to 2020 with market revenues for 2 historic years of 20110and 2012

  • Identification and analysis of key pockets of investment for CGM manufacturers

  • Identification of challenges that must be addressed and overcome in the CGM market to achieve fiscal success throughout the market

  • Analysis of regulatory framework that regulates introduction of new CGM and puts light on reimbursement scenario

  • The report identifies and profiles key market participants that would drive innovation in the CGM market



KEY MARKET SEGMENTS



GLOBAL MARKET, BY DEVICES




  • Transmitter and Receivers

  • Sensors

  • Insulin Pump



GLOBAL MARKET, BY APPLICATION




  • Diagnostics/Clinics

  • Hospitals

  • Home Settings



GLOBAL MARKET, BY AGE




  • Children and Teens

  • Youth

  • Middle, Elderly and Aged



GLOBAL MARKET, BY GEOGRAPHY




  • North America

  • Europe

  • Asia Pacific

  • Row



KEY AUDIENCES




  • Medical Devices Manufacturers

  • Research Institutions

  • Healthcare Institutions




Please Select Format

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Global Medical Power Supply Market (Type, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

The safety of patientsand operators is a primary concern when it comes to medical power supply.Advances in technology and innovation are significantly impacting the medical power supply market.The growing demand for medical equipment which is smaller, more efficient, more cost-effective, reliable, and lighter is also affecting market growth.

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Global Intravenous Access Devices Market (Products and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Intravenous Access Devices are a prominent sector of the Healthcare industry. These devices are used by physicians for treating patients as well as testing blood after withdrawing it via intravenous ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Top 10 Noninvasive Diagnostics Market - Industry Overview, Global Share, Analysis, Growth, Trends Opportunities and Forecast 2012 - 2020

Non-invasive diagnostics is a process of identifying the disease conditions with minimal incision to the body during diagnosis. Non-invasive diagnostic market is segment of diagnostic market, which was valued at ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Global Audiology Devices Market (Product Type and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Audiology devices are electronic devices used by audiologists for the diagnosis and treatment of hearing impairment or hearing loss. They are also used for monitoring or studying hearing. Hearing impairment ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Neurovascular Market - Strategic Analysis, Industry Research and Global Forecast, 2012 - 2020

Neurovascular disease is a condition caused to nervous tissues vascular structure, neurons and blood vessels that leads to serious brain damages such as stroke, and cerebral hemorrhage. The global market ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Global ECG Monitoring System Market (Type, Geography) Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Opportunities, Segmentation, Forecast (2013 - 2020)

ECG Monitoring Systems are medical devices, which identify and give information about abnormal functioning of the heart. Rest ECG recorders, ECG stress testing systems, event recorders and Holter monitors are ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>