Continous Blood Glucose Monitoring Market
Medical Equipment

Continuous Blood Glucose Monitoring Market Overview: Market Size, Drivers And Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest continous blood glucose monitoring market share in 2022.

The global continuous blood glucose monitoring market size will grow from $11.19 billion in 2022 to $12.5 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The continuous blood glucose monitoring market size is expected to grow to $18.83 billion in 2027 at a CAGR of 10.8%.

Major Driver In The Continous Blood Glucose Monitoring Market ­– Increase In The Prevalence Of Diabetes
Diabetes is a medical condition that arises when the body’s blood glucose levels vary. Blood glucose monitoring devices can help detect trends and patterns that provide a more complete picture of a diabetic’s state. According to the International Diabetes Federation, approximately 463 million persons will be affected by diabetes in 2020, with 10.0% having type 1 diabetes and 90.0% having type 2 diabetes. As a result, the rising prevalence of diabetes is propelling the continuous blood glucose monitoring market forward.

View More On The Continous Blood Glucose Monitoring Market Report 2023 – https://www.thebusinessresearchcompany.com/report/continous-blood-glucose-monitoring-global-market-report

Key Continous Blood Glucose Monitoring Market Segments
1) By Component: Insulin Pumps, Sensors, Transmitters, Receivers
2) By Application: Type 1 Diabetic Patients, Type 2 Diabetic Patients, Gestational Diabetes, Critical Care Patients
3) By End User: Hospitals, Homecare Diagnostics, Other End Users

Recent Continous Blood Glucose Monitoring Market Trend – Technological Advancement
To expand their market position, major businesses in the continuous blood glucose monitoring market are focusing on developing innovative technology solutions. For example, Philips, a Netherlands-based health technology business that develops glucose monitoring devices, developed non-invasive COPD monitors based on ExpiraFlow technology in 2020. Non-invasive monitors assist health care providers in detecting and screening expiratory flow restriction, and they can also be employed in optimal home care therapy.

Continous Blood Glucose Monitoring Market Prominent Players
Major players in the continuous blood glucose monitoring market are Roche, Lifescan, Medtronic, Abbott, GlySens Inc., Arkray, Senseonics Holdings Inc., Glysure Limited, Nemaura, Tandem Diabetes Care, Goldsite Diagonostics Inc., AgaMatrix Inc., B. Braun Melsungen, Ypsomed Holding AG, Terumo, and Orsense Ltd.

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The Continous Blood Glucose Monitoring Global Market Report 2023 provides a comprehensive overview on the continous blood glucose monitoring market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the continous blood glucose monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A continuous blood glucose monitoring device allows a person to better regulate his or her glucose levels throughout the day, resulting in fewer low blood glucose situations.

View More Related Reports –
Glucose Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/glucose-global-market-report

Blood Glucose Meters Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/blood-glucose-meters-global-market-report

Diabetes Care Devices Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/diabetes-care-devices-global-market-report

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