Global Continuous Glucose Monitoring Market to Rise at 13.60% CAGR till 2019, Propelled by Rise in Diabetic Population

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Global Continuous Glucose Monitoring Market to Rise at 13.60% CAGR till 2019, Propelled by Rise in Diabetic Population

Report Description:  The global continuous glucose monitoring market was valued at US$370 mn in 2012 and is predicted to reach US$910 mn by The demand for continuous glucose monitoring systems (CGMS) has increased rapidly as these systems display real-time glucose levels from the patient’s body at regular intervals. CGMS use wireless technology to measure glucose levels. As per the International Diabetes Federation (IDF), globally, about 382 mn people were identified with diabetes in 2013 and the number is predicted to reach 592 mn by  The global continuous glucose monitoring market is segmented on the basis of geography and device/brand. By device/brand, the global continuous glucose monitoring market is classified into guardian real time CGM system, freestyle navigator, dexcom seven plus CGM system, dexcom G4 platinum, minimed paradigm revel/veo system, and others. Based on device/brand, the global continuous glucose monitoring market is analyzed by factors such as sales revenue, commercial launch, usage, geographical presence, and technical developments.

 Factors such as calibration issues and unfavorable reimbursement policies are predicted to hamper the growth of the global continuous glucose monitoring market. Increase in demand for point of care testing (POCT) is expected to create growth opportunities for the global continuous glucose monitoring market in the coming few years.  Continuous Glucose Monitoring Market, by Device/Brand  Guardian Real Time CGM System  FreeStyle Navigator  Dexcom Seven Plus CGM System  Dexcom G4 Platinum  MiniMed Paradigm Revel/Veo System  Others

 Continuous Glucose Monitoring Market, by Geography  North America  Europe  Asia-Pacific  Rest of the World (RoW)

 By geography, the global continuous glucose monitoring market is classified into North America, Europe, Asia Pacific, and Rest of the World. In 2012, North America led the global continuous glucose monitoring market. The North America continuous glucose monitoring market is driven by factors such as the rising obese population, increasing technical advancements in medical equipment, and increasing aging population. The Asia Pacific continuous glucose monitoring market is predicted to grow rapidly during the forecast period. Changing lifestyles, economic development, and increasing patient awareness are the driving factors for the Asia Pacific regional market.

About Transparency Market Research : Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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