Global Continuous Glucose Monitoring (CGM) Technologies Market, Size, Trends and Forecasts

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Albany, US, 2017-Dec-17 — /EPR Network/ — A fresh report has been added to the wide database of Market Research Hub (MRH). The research study is titled “Continuous Glucose Monitoring (CGM): Technologies and Global Markets” which offer details about the current trends as well as scope for the glucose monitoring technologies in the near future. This research study also covers information about the technological developments, geographic trends, market dynamics, and adoption trends.

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Key Highlights

– The global market for continuous glucose monitoring devices and diabetes-related products totaled nearly $12.1 billion in 2016. The market should reach nearly $12.8 billion in 2017 and $20.7 billion in 2022, registering a compound annual growth (CAGR) of 10.1% from 2017-2022.
– Blood glucose meters is the largest segment of the global market for continuous glucose monitoring products which will grow from $6.5 billion in 2017 to $7.6 billion by 2022 at a 3.2% CAGR for the period 2017-2022.
– Insulin patch pumps as a segment will grow from $1.1 billion in 2017 to nearly $4.8 billion in 2022, increasing at a CAGR of 33.5% from 2017-2022.
Report Includes
– 52 data tables and 20 additional tables
– An overview of the global market for continuous glucose monitoring (CGM)
– Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
– Examination of the critical issues within the CGM market, including technological developments, geographic trends, market dynamics, and adoption trends
– Market breakdowns by application area: hospitals, diagnostics/clinics, home
– Information broken down by age: children, teens, young, middle, elderly; by race: non-Hispanic whites, Hispanics, Asian-Americans, Europeans, Asians, others; and by geography: the U.S., Europe, Asia, and the rest of the world
– Information on leading companies, including their product portfolios and recent developments
Report Scope
The scope of this study encompasses the current and forecast markets for glucose monitoring, as well as pumps, SMBG meters and test strips. The covered segments are CGM transmitters, receivers and sensors, patch and durable insulin pumps, and self–monitoring blood glucose (SMBG) equipment and test strips. The test strip market numbers refer to all usage of test strips with SMBG, and not just test strips as used by CGM users. CGM users also use test strips, but theoretically only for calibrating their CGM device. Calibration may be required once or twice a day, or even less often, as the devices improve in the near future. Inclusion of SMBG meters and test strips will help the reader to comprehend the relative sizes of the two major segments: CGM and SMBG. As discussed elsewhere in this report, developing countries will continue to use primarily SMBG, as these devices are not only much cheaper than CGM, but, for many diabetics, do just fine for monitoring blood glucose. The report also includes discussions of the reimbursement and regulatory environments, current and developing technologies, diabetes incidence, market projections and market shares, and the latest trends and clinical trials.
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst’s Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
History and Current State of Blood Glucose Monitoring Technology
SMBG Devices
Noninvasive Blood Glucose Monitoring
Electrochemical Blood Glucose Test Strips
Technical Challenges in Accurately Measuring Interstitial Glucose Levels
Use of Continuous Glucose Monitoring in Children with Type 1 Diabetes
Proving the Benefits of CGM Use by All Diabetics: T1D, T2D and Gestational Diabetes Patients
Working to Improve CGM Technology
Smart sensors improve accuracy of blood glucose readings
Changing the Optimal Dosing Rules for Nonadjunctive CGM
Reducing the Number of Calibrations Needed
…..

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