The global continuous glucose monitoring devices market size is estimated to be USD 4,015.3 million in 2021 and is expected to witness a CAGR of 12.5% during the forecast period. Rising adoption of glucose monitoring devices owing to increasing incidence of diabetes is driving the global market growth. Moreover, availability of user-friendly & effective monitoring of glucose level monitoring devices, increase in technological advancements, digital penetration, and favorable government initiatives are other drivers propelling the market growth. However, inadequate commercial availability and lack of awareness in remote locations are expected to restrain the growth.
Global Continuous Glucose Monitoring Devices Market Size (USD Million), 2021-2029
Source: Erevna Healthcare
By Components
Based on components, the market is categorized into sensors, transmitters, receivers, and others. In 2021, the sensors segment accounted for a significant revenue share as it is in an integral part of medical monitoring device. This segment is driven by technological advancements and rising number of home care settings. Transmitter segment is anticipated to grow at a significant CAGR during the forecast period.
By EndUser
Based on enduser, the market is categorized into hospitals, in-house settings, and others. In-house settings segment accounted for the highest revenue in 2021 and is projected to maintain its dominance over the forecast period. The segment is driven by huge adoption of these products owing to its advantages such as regular monitoring of blood glucose level. Hospitals segment is projected to grow at a lucrative CAGR during the forecast period. Increase in number of visits of diabetic patients in hospitals is expected to drive the market for these products in hospitals.
Regional Insights
In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the increasing prevalence of diabetes, technological advancements, favorable research & development policies, and government initiatives to control the prevalence of diabetes. Asia Pacific is projected to grow atthe fastest CAGR over the forecast period owing to rising awareness about diabetes monitoring devices, product expansion by leading device manufacturers, increasing R&D, and large geriatric population base.
Competitor Insights
Some of the major companies in the continuous glucose monitoring devices market are F. Hoffmann-La Roche AG (Switzerland), Medtronic plc (Ireland), Abbott Laboratories (U.S.), DexCom, Inc. (U.S.), Johnson & Johnson (U.S.), Novo Nordisk A/S (Denmark), GlySens ICGM (U.S.), Ypsomed Holding (Switzerland), Boston Scientific Corporation (U.S.), and Becton, Dickinson and Company (U.S.). The leading players have adopted strategic collaborations, mergers & acquisitions, market expansion, and novel product development approaches to capture the market share.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country-level along with key market trends and dynamics from 2021 to 2029. The continuous glucose monitoring devices market report is categorized into the following segments and subsegments:
Continuous Glucose Monitoring Devices Market, By Components (Revenue, 2021-2029, USD Million)
- Sensors
- Transmitters
- Receivers
Continuous Glucose Monitoring Devices Market, By End-User (Revenue, 2021-2029, USD Million)
- Hospitals
- In-House Settings
- Others
Continuous Glucose Monitoring Devices Market, By Region (Revenue, 2021-2029, USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Continuous Glucose Monitoring Devices Market Report:
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Table of Contents: Continuous Glucose Monitoring Device Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Continuous Glucose Monitoring Device
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Continuous Glucose Monitoring Device Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Component
- Sensors
- Sensors Market Forecast, 2021-2029 (USD Million)
- Transmitters
- Transmitters Market Forecast, 2021-2029 (USD Million)
- Receivers
- Receivers Market Forecast, 2021-2029 (USD Million)
- Sensors
- Market Analysis by End Use
- Homecare
- Homecare Market Forecast, 2021-2029 (USD Million)
- Hospitals
- Hospitals Market Forecast, 2021-2029 (USD Million)
- Other
- Other Market Forecast, 2021-2029 (USD Million)
- Homecare
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Continuous Glucose Monitoring Device Market
- North America Continuous Glucose Monitoring Device Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- S. Continuous Glucose Monitoring DeviceMarket
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Canada Continuous Glucose Monitoring DeviceMarket
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Continuous Glucose Monitoring Device Market
- Europe Continuous Glucose Monitoring Device Market
- Europe Continuous Glucose Monitoring Device Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Germany Continuous Glucose Monitoring DeviceMarket
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- UK Continuous Glucose Monitoring DeviceMarket
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- France Continuous Glucose Monitoring DeviceMarket
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Spain Continuous Glucose Monitoring DeviceMarket
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Italy Continuous Glucose Monitoring DeviceMarket
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Europe Continuous Glucose Monitoring DeviceMarket
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Continuous Glucose Monitoring Device Market
- Asia Pacific Continuous Glucose Monitoring Device Market
- Asia Pacific Continuous Glucose Monitoring Device Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Japan Continuous Glucose Monitoring DeviceMarket
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- China Continuous Glucose Monitoring DeviceMarket
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- India Continuous Glucose Monitoring DeviceMarket
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- South Korea Continuous Glucose Monitoring DeviceMarket
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Australia Continuous Glucose Monitoring DeviceMarket
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Asia Pacific Continuous Glucose Monitoring DeviceMarket
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Continuous Glucose Monitoring Device Market
- Latin America Continuous Glucose Monitoring Device Market
- Latin America Continuous Glucose Monitoring Device Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Brazil Continuous Glucose Monitoring DeviceMarket
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Mexico Continuous Glucose Monitoring DeviceMarket
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Argentina Continuous Glucose Monitoring DeviceMarket
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Latin America Continuous Glucose Monitoring DeviceMarket
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Continuous Glucose Monitoring Device Market
- MEA Continuous Glucose Monitoring Device Market
- MEA Continuous Glucose Monitoring Device Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- GCC Continuous Glucose Monitoring DeviceMarket
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- South Africa Continuous Glucose Monitoring DeviceMarket
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of MEA Continuous Glucose Monitoring DeviceMarket
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Component, 2021-2029 (USD Million)
- Market Size and Forecast by End Use, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Continuous Glucose Monitoring Device Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- Abbott Laboratories (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- ARKRAY, Inc. (Japan)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Bayer AG (Germany)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Dexcom, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Hoffmann-La Roche Ltd (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Johnson & Johnson (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Medtronic plc (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Nipro Diagnostics, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Terumo Medical Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 10
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Others Prominent Players
- Abbott Laboratories (U.S.)
- Conclusion
- Recommendations