1. Market Research
  2. > Healthcare
  3. > Medical Device
  4. > Patient Monitoring Market Trends

Continuous Glucose Monitoring Market (CGM Systems, Application, Diabetic Type, and Adoption by Age Group) - Current Trends, Size, Share, Industry Analysis, Competitive Intelligence, Growth, Opportunities and Global Forecasts, 2012 - 2020

  • December 2013
  • Allied Market Research
Report ID: 2014011

Summary

Table of Contents

Rise in incidence of diabetes across the globe has elevated the need of innovative diabetic management devices that has increased adoption of continuous glucose monitoring (CGM) devices. The existing glucose monitoring devices have few gaps which are bridged by the innovative CGM. With continuous glucose monitoring, significant improvement has been observed in stabilizing elevated A1C levels which in turn reduces risk of developing long term diabetic complications. Other driving factors for CGM market are technological innovation in the form of artificial pancreas, increasing awareness among developed, developing and under developed economies, and rise in incidences of diabetic cases. However, factors such as strict regulatory impositions, inadequate reimbursement options for CGM and accuracy as well as cost of the CGMs are restraining the market growth.The global continuous glucose monitors market generated revenue of $194.8 million in 2012 and is expected to reach market size of value $568.5 million by 2020, growing at a CAGR of 14.8% during 2013-2020. This growth is attributed to increase in technological innovations, namely launch of artificial pancreas, convenience offered by CGM over self monitoring glucose devices, and earlier detection of the hypo & hyperglycemic events by CGM.Global CGM market is segmented based on application as home settings, diagnostics and hospitals. Among all the application segments home settings is expected to generate maximum revenue by 2020.North America is the maximum revenue-generating segment across the globe, mainly due to rapid acceptance of innovative technology, well-penetrated reimbursement system when compared with other geographies and rise in patient pool. Asia Pacific is expected to grow at a faster rate due to large patient pool, geographical expansion of market players, increase in income levels and improved living standards of the people.Key market players in this market includes, Medtronics, Dexcom, Animas Corporation, Ypsomed AG, Omnipod and Miraculins, Inc inlcuding others. The major strategy adopted the market players across this geography is Collaborations, Product launches and approvals. Collaborations specifically focus on distribution and commercialization of the devices.

KEY BENEFITS
The report ranks the factors that are responsible to accelerate the market growth driven by upper hand of CGM over Self monitoring glucose devices, approval for artificial pancreas and many moreMarket is forecasted for period of seven years 2013 to 2020 with market revenues for 2 historic years of 20110and 2012Identification and analysis of key pockets of investment for CGM manufacturersIdentification of challenges that must be addressed and overcome in the CGM market to achieve fiscal success throughout the marketAnalysis of regulatory framework that regulates introduction of new CGM and puts light on reimbursement scenarioThe report identifies and profiles key market participants that would drive innovation in the CGM market

KEY MARKET SEGMENTS
GLOBAL MARKET, BY DEVICESTransmitter and ReceiversSensorsInsulin PumpGLOBAL MARKET, BY APPLICATIONDiagnostics/ClinicsHospitalsHome SettingsGLOBAL MARKET, BY AGEChildren and TeensYouthMiddle, Elderly and AgedGLOBAL MARKET,

BY GEOGRAPHY
North AmericaEuropeAsia PacificRow

KEY AUDIENCES
Medical Devices ManufacturersResearch InstitutionsHealthcare Institutions

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Diabetes Care Devices Market - Growth, Trends and Forecasts (2017 - 2022)

  • $ 4250
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The global market for diabetes care devices is forecasted to reach USD 26.96 billion by 2019 at a CAGR of 5.93%. Glucose monitoring devices will be the largest category in the market, with a value of USD ...

Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017

  • $ 4000
  • Industry report
  • April 2017
  • by GlobalData

Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017 Summary GlobalData’s Medical Devices sector report, “Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017" provides an overview ...

Continuous Glucose Monitoring Systems - Medical Devices Pipeline Assessment, 2017

  • $ 4000
  • Industry report
  • April 2017
  • by GlobalData

Continuous Glucose Monitoring Systems - Medical Devices Pipeline Assessment, 2017 Summary GlobalData’s Medical Devices sector report, “Continuous Glucose Monitoring Systems - Medical Devices Pipeline ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.