Continuous Glucose Monitoring Systems Market Report by Component (Sensors, Transmitters and Receivers, Integrated Insulin Pumps), Demographics (Child Population (≤14 years), Adult Population (>14 years)), End User (Clinics and Diagnostics Centers, ICUs, Home Healthcare), and Region 2024-2032

Continuous Glucose Monitoring Systems Market Report by Component (Sensors, Transmitters and Receivers, Integrated Insulin Pumps), Demographics (Child Population (≤14 years), Adult Population (>14 years)), End User (Clinics and Diagnostics Centers, ICUs, Home Healthcare), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5377
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Market Overview:

The global continuous glucose monitoring systems market size reached US$ 6.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 6.7 Billion
Market Forecast in 2032
US$ 10.2 Billion
Market Growth Rate 2024-2032 5%


Continuous glucose monitoring systems (CGMS) are technologically advanced devices that automatically track blood glucose levels. They consist of a transmitter-integrated sensor that functions through a transcutaneous or subcutaneous route to continuously measure the glucose concentration in interstitial fluid. The transmitter then sends the information to a wireless monitor that can be clipped to clothes. Continuous glucose monitoring systems assist in providing a complete profile of diabetes, alerting highs and lows of blood sugar levels, detecting patterns, and increasing patient insights regarding physical activity, medication choices, food portions and stress. As compared to conventional glucose monitoring devices, CGMS are prick-free as they can be placed over the skin, thus aiding in providing real-time information in a quick and painless fashion.

Continuous Glucose Monitoring Systems Market

Continuous Glucose Monitoring Systems Market Trends:

The rising geriatric population across the globe that are more susceptible to developing diabetes is creating a positive outlook for the market. CGMS is commonly used for measuring glucose and insulin level in the body, which further sounds an alarm if it drops or rises to a dangerous level. In line with this, the widespread product utilization to identify hypoglycemia and hyperglycemic situations in real-time is favoring the market growth. Moreover, significant improvements and new technological advancements in CGMS that aid in detecting glycated hemoglobin (Hb1ac) in patients with diabetes are providing a considerable boost to the market growth. Additionally, the integration of artificial pancreas device systems with CGMS technology to pump insulin and administer optimum dosage to manage the blood sugar levels of patients is positively impacting the market growth. Apart from this, the introduction of non-invasive CGMS devices as a convenient alternative, extensive research and development (R&D) activities and the increasing demand for less or minimally invasive diagnostic tools are anticipated to drive the market further toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global continuous glucose monitoring systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, demographics and end user.

Breakup by Component:

Continuous Glucose Monitoring Systems Market By Component

  • Sensors
  • Transmitters and Receivers 
  • Integrated Insulin Pumps
     

Breakup by Demographics:

  • Child Population (≤14 years)
  • Adult Population (>14 years)
     

Breakup by End User:

  • Clinics and Diagnostics Centers
  • ICUs
  • Home Healthcare
     

Breakup by Region:

Continuous Glucose Monitoring Systems Market By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being A. Menarini Diagnostics S.r.l., Abbott Laboratories, DexCom Inc., F. Hoffmann-La Roche AG, Glysens Incorporated, LifeScan Inc. (Johnson & Johnson), Medtronic PLC, Medtrum Technologies Inc., Nemaura Medical Inc., Novo Nordisk A/S, Senseonics Holdings Inc. and Waveform Technologies Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Demographics, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A. Menarini Diagnostics S.r.l., Abbott Laboratories, DexCom Inc., F. Hoffmann-La Roche AG, Glysens Incorporated, LifeScan Inc. (Johnson & Johnson), Medtronic PLC, Medtrum Technologies Inc., Nemaura Medical Inc., Novo Nordisk A/S, Senseonics Holdings Inc. and Waveform Technologies Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global continuous glucose monitoring systems market was valued at US$ 6.7 Billion in 2023.

We expect the global continuous glucose monitoring systems market to exhibit a CAGR of 5% during 2024-2032.

The sudden outbreak of the COVID-19 pandemic has led to the growing demand for remote monitoring devices, such as continuous glucose monitoring systems to continuously monitor the coronavirus-infected patients with diabetes. 

The rising adoption of continuous glucose monitoring systems for measuring glucose and insulin level in the body, as they are non-invasive and provide real-time information, is primarily driving the global continuous glucose monitoring systems market.

Based on the component, the global continuous glucose monitoring systems market can be segmented into sensors, transmitters and receivers, and integrated insulin pumps. Among these, sensors hold the majority of the total market share.

Based on the demographics, the global continuous glucose monitoring systems market has been divided into child population (≤14 years) and adult population (>14 years), where adult population (>14 years) currently exhibits a clear dominance in the market.

Based on the end user, the global continuous glucose monitoring systems market can be categorized into clinics and diagnostics centers, ICUs, and home healthcare. Currently, home healthcare accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global continuous glucose monitoring systems market include A. Menarini Diagnostics S.r.l., Abbott Laboratories, DexCom Inc., F. Hoffmann-La Roche AG, Glysens Incorporated, LifeScan Inc. (Johnson & Johnson), Medtronic PLC, Medtrum Technologies Inc., Nemaura Medical Inc., Novo Nordisk A/S, Senseonics Holdings Inc., and Waveform Technologies Inc.

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Continuous Glucose Monitoring Systems Market Report by Component (Sensors, Transmitters and Receivers, Integrated Insulin Pumps), Demographics (Child Population (≤14 years), Adult Population (>14 years)), End User (Clinics and Diagnostics Centers, ICUs, Home Healthcare), and Region 2024-2032
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