Medical Devices

World Continuous Glucose Monitoring Systems Market - Opportunities and Forecasts, 2014 - 2021

  • ALL248248
  • 118 Pages
  • June 2015
  • Medical Devices

Continuous Glucose Monitoring (CGM) is one of the latest technological advancements in the field of diabetes management. CGM systems are a type of glucose monitoring devices that function by inserting a biosensor through transcutaneous or subcutaneous route. The embedded sensor measures the glucose levels in the interstitial fluid or in the blood and results are transmitted via a transmitter to a receiver/monitor that displays the results. CGM systems have emerged as an integral part of diabetes management owing to its several advantages over other glucose monitoring devices. Unlike conventional glucose monitors, these systems enable periodic monitoring of glucose levels, which is crucial to avoid any diabetic complications. In addition, CGMS technology has laid a roadmap to the most awaited, high-tech, closed-loop €˜artificial/bionic pancreas€™. Therefore, developing novel and technologically advanced CGMS is the prime focus of several glucose monitoring device manufacturing companies. CGMS offer a wide range of applications across all age-cohorts, healthcare settings (diagnostic centers/clinics, hospital ICUs and home healthcare) and geographies. Thus, CGMS market shows lucrative opportunity for both CGMS manufacturers and insulin pump manufacturers.

The global CGMS market is forecast to reach $2.9 billion by 2021 registering a CAGR of 31.4% over the forecast period. The pipeline of high-tech CGMS devices, such as smartphone-connected CGMS, wearable and smartphone-connected CGMS, non-invasive CGMS and €˜smart€™ diabetes management solution (also called artificial/bionic pancreas), would result in larger adoption of CGMS among endocrinologists and patients.

The market is categorized based on components, customer segments, end-user demographics and geographic regions. The CGMS components market includes durable components such as transmitters & receivers and integrated insulin pumps; and disposable components such as sensors. The segment for sensors occupies a dominant share in the CGMS market primarily due to the recurring sales of CGMS, short scrap life and bulk purchases. CGMS are deployed primarily by the diagnostic centers/clinics. Moreover, increasing usage of CGMS across the hospital ICUs and in-home healthcare settings has been observed. The CGMS devices market by age demographics is categorized as juveniles, Gen X and geriatrics. 

Detailed geographical analysis and segmentation is provided at country-level per-region€”North America (U.S., Canada and Mexico), Europe (U.K., France, Germany and others), Asia-Pacific (India, China and Australia) and LAMEA (Gulf Cooperation Council). Key market players include Medtronic plc, Dexcom, Inc., Abbott Diabetes Care, Animas Corporation, including others. The major strategies adopted by the market players across geographies are collaborations, product launches and approvals. Collaborations in the regions focus on innovation, distribution and commercialization of the devices.

KEY BENEFITS

  • In-depth and country-level analysis within all the geographic regions would provide a clear understanding of current and future trends in the CGMS market

  • Comprehensive analysis of factors that drive and restrict the growth of the CGMS market is provided

  • The report covers detailed quantitative analysis of the current market and estimations through 2014€“2021, which would enable the stakeholders to capitalize on prevailing market opportunities

  • A detailed SWOT analysis enables to study the internal environment of the leading companies for strategy formulation 

  • An in-depth analysis of current research and clinical developments within CGMS market is provided with key market dynamic factors that help in understanding the behavior of market 

  • Key market players within the CGMS market are profiled in the report and their strategies are analyzed thoroughly, which help in understanding the competitive outlook of the global CGMS market 

KEY MARKET SEGMENTS

The CGMS market is segmented based on components, customer segments, end-user demographics and geography (country-level). 

  • Global CGMS Market - by Components

    • Sensors 

    • Transmitters & Receivers 

    • Integrated insulin pumps 

  • Global CGMS Market - by Customer Segments

    • Diagnostics/Clinic

    • ICUs

    • Home Healthcare

  • Global CGMS Market - by End-user Demographics

    • Juveniles

    • Gen X

    • Geriatrics/undiagnosed

  • Global CGMS Market - by Geography

    • North America 

      • United States

      • Canada

      • Mexico

    • Europe

      • United Kingdom

      • Germany

      • France

      • Others

    • Asia-Pacific

      • China

      • India

      • Australia

      • Others

    • LAMEA

      • Gulf Cooperation Council (GCC)

      • Others

Please Select Format

Enquiry About Report

Need More Information

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

 

UPCOMING MARKET RESEARCH REPORTS

World Anesthesia Monitoring Devices Market - Opportunities and Forecasts, 2014 - 2020

Anesthesia can be monitored depending on the types of cases performed for the purpose of continuous assessment of the patients by measuring parameters such as patients oxygenation, circulation, ventilation, and temperature. It is logical that other clinical observations be supplemented to different monitoring devices.

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

Read More >>

World Anti-Snoring Devices and Snoring Surgery Market - Opportunities and Forecasts, 2014 - 2020

The anti-snoring devices and snoring surgery market has gained traction in the recent years due to growing consciousness about the ill effects of snoring and sleep apnea, and these treatments ...

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

Read More >>

World Sports Medicine Market - Opportunities and Forecasts, 2014 - 2020

The sports medicine market consists of products used by athletes or sportspersons to prevent injuries and protect themselves including devices that boost performance. The product offerings play a crucial role in the rehabilitation, recovery, endurance, and monitoring of athletes in sports.

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

Read More >>

World 3D Printing Medical Devices Market - Opportunities and Forecasts, 2014 - 2020

Large patient population, expansion of distribution networks by the key market players, awareness about benefits of 3D printing technology and its adoption across the emerging countries in Asia-Pacific are the ...

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

Read More >>

World Veterinary Imaging Market - Opportunities and Forecasts, 2014 - 2020

Veterinary diagnostic imaging consists of a non-invasive method of obtaining images of the animal body for the purpose of medical diagnostics. The animals considered for imaging are small companion animals, ...

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

Read More >>

BRIC Diabetes Care Devices Market - Opportunities and Forecasts, 2014 - 2020

Diabetes care devices helps in the management of blood glucose levels caused in patients due to inadequate insulin production or insulin resistance. The Diabetes Care Devices Market in Brazil, Russia, ...

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

Read More >>

2017 © Copyright Big Market Research

View Pricing >>