Global Continuous Glucose Monitoring Devices
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to cognitive market research-"Global Continuous Glucose Monitoring Devices market size 2023 was XX Million. Continuous Glucose Monitoring Devices Industry compound annual growth rate (CAGR) will be XX% from 2024 till 2031."
• Based on the components, the sensors segment led the market with the largest revenue share of XX% in 2023.Throughout the projection period, technological developments aimed at enhancing sensor accuracy are anticipated to drive the segment's expansion.
• Based on the connectivity, the Bluetooth segment led the market in 2023 with the largest revenue share of XX%.Bluetooth chips are embedded within CGM sensors. Through Bluetooth, the patient can upload detailed blood glucose level data into the recording device as long as they hover it over the sensor.
• In terms of end-use, the homecare sector dominated the market in 2023 with the most revenue share of XX%, and it is projected to grow at the fastest rate of XX% over the course of the forecast period.
• In terms of market share, the North American region led with XX% in 2023. This is because of several causes, including the rising prevalence of diabetes, the increased use of CGM devices, technological developments, and the existence of important enterprises.
• Over the course of the projected period, the Asia Pacific region is expected to see the greatest CAGR of XX%. Nearly 60% of all diabetics worldwide live in the Asia Pacific region, according to the Asian Diabetes Prevention Initiative.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Component |
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Market Split by Connectivity |
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Market Split by End-Use |
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Market Split by Price Range |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Continuous Glucose Monitoring Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
CGM systems provide a simple and efficient means of managing diabetes and are less intrusive. Additionally, they can recognize abrupt fluctuations in blood glucose levels, which helps to avoid hypoglycemia. With the aid of a sensor, CGM devices make it easier to analyse blood glucose levels at various intervals. Patients can better understand their diabetes by using appropriate readings sent into the diabetes management software over a wireless network. This will enable them to manage their condition more successfully. Common risk factors for complications from diabetes include obesity, high blood pressure, high cholesterol, smoking, and physical inactivity.
The growing prevalence of prediabetes is contributing to the market's expansion. Blood sugar levels that are higher than normal but not high enough to be categorised as type 2 diabetes are known as prediabetes. This is a dangerous medical condition that raises the possibility of heart disease, stroke, and type 2 diabetes. Regretfully, prediabetes diagnoses are rising quickly in the population. The rise in obesity rates is the primary cause of the increase in prediabetes cases. One of the main risk factors for type 2 diabetes and prediabetes is obesity. The incidence of obesity rises as more and more individuals lead sedentary lifestyles and eat poor diets, which in turn causes an increase in the number of cases of prediabetes.
Rapid urbanisation and the growing trend towards sedentary lifestyles in both developed and emerging nations are the main causes of the increased prevalence of diabetes. According to the International Diabetes Federation, 537 million adults globally were predicted to have diabetes in 2021; 51.6% of those people were estimated to reside in China, India, the United States, Brazil, and Mexico. The rapid acceptance of these systems worldwide can be attributed to the large rise in the number of patients with type-1 or insulin-dependent type 2 diabetes. Type 1 diabetes affects around 149.5 out of every 1,000 children and teenagers worldwide, accounting for 9.8% of the total population.
https://idf.org/about-diabetes/diabetes-facts-figures/
Over 1.5 billion individuals will be elderly in the world in 2050, having doubled in the previous three decades. Between 2019 and 2050, the number of elderly people is expected to rise throughout all regions. However, Eastern and Southeast Asia will see the biggest increase. Therefore, the market for blood glucose monitoring devices is expected to have enormous potential in Southeast Asian countries. The World Health Organisation (WHO) projects that by 2050, the proportion of elderly people worldwide will almost double, from 12% to 22%. The market has enormous potential and is very profitable.
For example, the World Health Organisation projects that by 2050, the number of individuals 60 and older worldwide would treble to 2.1 billion. An estimated 33% of those 65 and older have diabetes, making it a common condition among older adults. Diabetes-related problems are more likely to affect older people than younger people. CGM has a wide range of potential advantages for older persons, including lowering hyper- and hypoglycemia, enhancing quality of life, and preventing complications from diabetes.
https://www.who.int/news-room/fact-sheets/detail/ageing-and-health#:~:text=By%202050%2C%20the%20world's%20population,2050%20to%20reach%20426%20million.
The expense of CGM devices is one of the main obstacles. Depending on the brand and drugstore, CGM expenses can range from $100 to $300 per month, according to Forbes. With at-home sensors lasting only 10–14 days, it covers both sensors and transmitters. It is necessary to replace the sensors two or three times a month. A one-time reader for CGMs might cost anywhere from $60 to $80. The initial cost of the device, recurring expenditures for sensor replacements, and sensor costs for continuous monitoring are all associated with CGM systems. Even though the price of CGM devices has come down over time, it still plays a big role in determining how affordable and accessible they are, especially in areas with little access to healthcare or insurance.
https://www.forbes.com/health/conditions/diabetes/continuous-glucose-monitor-cost/#:~:text=CGM%20costs%20range%20from%20%24100,CGM%20visible%20on%20the%20body).
The introduction of cutting-edge technologies by market participants, like continuous blood glucose monitoring devices, has made the real-time monitoring capability available for patients who are insulin dependent. Furthermore, CGM devices are less invasive and uncomfortable than self-monitoring blood glucose (SMBG) systems, offer real-time monitoring, and produce fast and precise data. Because of this, the special benefits of these devices have a big impact on influencing patients' and medical professionals' attitudes in favour of CGM. Furthermore, only a few companies have launched numerous products on the European market and are presently concentrating on studying and creating non-invasive CGM systems.
Here are descriptions of a few of the inventions:
• Three simple steps replace the previous ten: press, test, and reload with Intuity's All-in-One Pogo System. Ten tests can be performed with a single cartridge, and no lancet is required.
https://www.manualslib.com/manual/2088910/Pogo-Press-Test-Go.html
• The comprehensive glucose testing kit from SugarCube is Bluetooth-enabled and fully integrated. It connects Finger to the SugarCube app to provide its user with individualised, tailored diabetic lifestyle management.
https://www.atom-inc.co/Work/Medical-SCIENTIFIC/SugarCube/
• Up to 100 tests can be stored on a continuous test tape in Sentec's fully integrated system, which uses an electrochemical biosensor in the shape of a cassette.
https://www.medicalexpo.com/cat/general-practice/blood-glucose-meters-K-545-_3.html
The virus is the source of the potentially fatal COVID-19 infection. The market for continuous glucose monitoring (CGM) devices has grown globally as a result of COVID-19. The likelihood of hospitalisation for diabetic patients climbed thrice in the United States, and the probability of high severity doubled, according to the Centres for Disease Control and Prevention. The Food and Drug Administration (FDA) of the United States government published a policy in March 2020 to increase the accessibility of noninvasive glucose monitoring devices, primarily in hospitals. Since governments began assisting hospitals in monitoring diabetes patients without making contact with the patients, the use of CGM devices in hospitals has grown over time. During the COVID-19 epidemic, CGM device use in intensive care units has increased globally.
https://www.fda.gov/media/136290/download#:~:text=Following%20the%20emergence%20of%20COVID,devices%20to%20address%20the%20PHE.
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The Continuous Glucose Monitoring (CGM) Market is consolidated and competitive with few players accounting for a major share. A major share of the market is held by CGM manufacturers that are concomitant with strategy-based M&A operations and are constantly entering new markets to generate new revenue streams and boost existing ones. These measures taken by the market players will ensure a competitive marketplace, therefore, forcing the companies to experiment with more new technologies, to ensure uniqueness in their products. Also, one of the implications of the competition in the market is that it will ensure a constant decrease in the average selling price of the CGM units produced. Also, companies are collaborating to increase their technological know-how and to fasten the product development cycle.
• October 2023: The newest continuous glucose monitoring (CGM) device for diabetics 2 years of age and older is called Simplera and was created by Medtronic. Simplera, which is now being reviewed by the FDA for possible approval in the US, has a sleek and portable design, is disposable, and does away with the need for fingersticks.
https://diatribe.org/simplera-cgm-approved-europe
• June 2023: The South Korean Ministry of Food and Drug Safety has approved the locally made continuous glucose monitoring gadget. The blood glucose monitor maker, I-SENS, has unveiled the CareSens Air, which is billed as the most portable and lightweight continuous glucose monitor available in South Korea. Furthermore, it features a calibration mechanism to improve performance and may run continuously for a duration of 15 days.
https://www.mobihealthnews.com/news/asia/south-korea-approves-first-local-cgm-device#:~:text=The%20South%20Korean%20Ministry%20of,device%20available%20in%20South%20Korea.
Top Companies Market Share in Continuous Glucose Monitoring Devices Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
In terms of market share, the North American region led with XX% in 2023. This is because of several causes, including the rising prevalence of diabetes, the increased use of CGM devices, technological developments, and the existence of important enterprises. Furthermore, the federal government's initiatives to control the illness on a bigger scale are driving market expansion. The market for continuous glucose monitoring devices in the United States has over XX% of the North American market in 2023, largely because of the country's huge diabetes population and its advantageous reimbursement rules.
Over the course of the projected period, the Asia Pacific region is expected to see the greatest CAGR of XX%. Nearly 60% of all diabetics worldwide live in the Asia Pacific region, according to the Asian Diabetes Prevention Initiative. The disease's increasing incidence in developing nations like China and India has been driving regional market expansion. Additionally, favourable regulatory regulations, growing corporate investment, and rising healthcare costs are all having a positive impact on this region's market expansion.
The current report Scope analyzes Continuous Glucose Monitoring Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Continuous Glucose Monitoring Devices Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Continuous Glucose Monitoring Devices Industry growth. Continuous Glucose Monitoring Devices market has been segmented with the help of its Component, Connectivity End-Use , and others. Continuous Glucose Monitoring Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the components, the sensors segment led the market with the largest revenue share of XX% in 2023.
Throughout the projection period, technological developments aimed at enhancing sensor accuracy are anticipated to drive the segment's expansion. A crucial component of continuous glucose monitoring (CGM) equipment are sensors. A metallic filament, no thicker than a needle, is used in CGM sensors, and it is injected into the fatty layer that lies just beneath the skin. Adhesive tape is used to secure the sensor in place so that it can measure the local glucose levels. Glucose oxidase is used by the CGM monitors to track blood glucose levels. The glucose oxidase transforms glucose into hydrogen peroxidase, which combines with the platinum in the sensor to produce an electrical signal that is relayed to the transmitter. Additionally, the glucose oxidase sensor incorporates chemical layers on top that maintain sensor functionality in low-power situations.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Continuous Glucose Monitoring Devices Industry. Request a Free Sample PDF!
Based on the connectivity, the Bluetooth segment led the market in 2023 with the largest revenue share of XX%.
Bluetooth chips are embedded within CGM sensors. Through Bluetooth, the patient can upload detailed blood glucose level data into the recording device as long as they hover it over the sensor. Additionally, the reading device displays the information. The information may or may not be shared over a 4G network and stored in the database of the monitor centre. The primary source of precise and accurate data acquisition from the sensor for CGM producers is outsourcing these chips. These chips are developed for CGM devices by companies including as Nordic Semiconductors, Renesas Electornic, Onsemi, and many more. Every 14 days, the chip is changed since the sensors need to be changed.
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In terms of end-use, the homecare sector dominated the market in 2023 with the most revenue share of XX%, and it is projected to grow at the fastest rate of XX% over the course of the forecast period. These gadgets provide continuous blood glucose monitoring and provide patients with lower insulin dosages. The need for CGM devices is anticipated to increase in homecare settings due to the convenient and effective blood glucose monitoring available there. Its increased popularity among patients was also influenced by the fear of virus spread, the heightened vulnerability of diabetes patients during COVID-19, and the necessity of closely monitoring blood glucose levels during the pandemic period.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
The market for continuous glucose monitoring devices has grown quickly as a result of rising demand for diabetes management products globally, growing CGM device adoption in developing markets like Asia-Pacific and Latin America, and ongoing growth in developed markets like North America and Europe. The market is expanding due to the increased demand for CGM devices from customers as manufacturers continue to develop new and improved technologies.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Sensors, Transmitters Receivers, Insulin Pumps |
Connectivity | Bluetooth, 4G |
End-Use | Hospitals, Homecare Settings, Others |
Price Range | Premium Continuous Glucose Monitoring Devices, Mid-Range Continuous Glucose Monitoring Devices, Budget Continuous Glucose Monitoring Devices |
List of Competitors | Abbott Laboratories, Echo Therapeutics Inc., Dexcom Inc., GlySens Incorporated, Medtronic plc, Senseonics Holdings Inc., Johnson Johnson, F. Hoffmann La Roche Ltd., AgaMatrix Inc., Glucovation, GlySure, Arkray USA Inc., OrSense |
This chapter will help you gain GLOBAL Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review Global Continuous Glucose Monitoring Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review North America Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review Europe Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review Asia Pacific Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review South America Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review Middle East Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Continuous Glucose Monitoring Devices. Further deep in this chapter, you will be able to review Middle East Continuous Glucose Monitoring Devices Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Continuous Glucose Monitoring Devices. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
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Chapter 11 Market Split by Connectivity Analysis 2021 - 2033
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Chapter 12 Market Split by End-Use Analysis 2021 - 2033
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Chapter 13 Market Split by Price Range Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Continuous Glucose Monitoring Devices market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Sensors have a significant impact on Continuous Glucose Monitoring Devices market? |
What are the key factors affecting the Sensors and Transmitters Receivers of Continuous Glucose Monitoring Devices Market? |
What is the CAGR/Growth Rate of Bluetooth during the forecast period? |
By type, which segment accounted for largest share of the global Continuous Glucose Monitoring Devices Market? |
Which region is expected to dominate the global Continuous Glucose Monitoring Devices Market within the forecast period? |
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