Dublin, June 08, 2023 (GLOBE NEWSWIRE) -- The "Global Continuous Glucose Monitoring Solutions Market, 2027 Forecast" report has been added to ResearchAndMarkets.com's offering.
Technological advancements and strategic partnerships create new opportunities for CGM vendors.
The rising prevalence of diabetes entails a greater need for treatment and monitoring. In this context, multiple growth opportunities arise in the continuous glucose monitoring (CGM) solutions market. CGM devices have been extensively used for Type 1 diabetes patients. With further technological development and clinical studies, CGM's applications expand toward Type 2 diabetes, prediabetes, weight management, nutrition tracking, and metabolic health tracking.
Most Type 1 diabetes patients - the main users of CGM - do not use these solutions due to their high costs and low reimbursements, especially in low and middle-income countries. The adoption of these devices is very low in Asia-Pacific, Latin America, the Middle East, and Africa due to low accessibility, awareness, and affordability. A vast patient pool of diabetic and prediabetic patients needing treatment in these regions creates attractive opportunities for CGM vendors.
Vendors in the CMG solutions industry are partnering with various players across the diabetes treatment ecosystem to increase CGM adoption, data integration, and device combability. Examples of these partnerships are common between CGM vendors and insulin pens, insulin pumps, and diabetes management platform providers.
Research Highlights
- Market size by revenue, covering historic and forecast data by segment (Homecare and Other Care Settings) and region (North America, Europe, Asia-Pacific, and the rest of the world)
- Market drivers and restraints
- Competitive landscape, including company market share analysis
- Market opportunity size and new business models
- Technological Trends and growth opportunities for Stakeholders
Key Topics Covered:
1. Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Global Continuous Glucose Monitoring Solutions Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis
- Scope of Analysis
- Segmentation
- Global Burden of Diabetes
- Diabetes Devices
- Key Competitors
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast by End User
- Revenue Forecast by Region
- Revenue Forecast Analysis
- Revenue Forecast Analysis by Region
- Pricing Trends and Forecast Analysis
- CGM Devices by Components
- Competitive Environment
- Revenue Share
- Revenue Share Analysis
- CGM Solutions - Key Vendor Presence by Region
3. Regional and Country Opportunities Analysis
- Changes in Regional Share of Diabetes
- CGM Solutions - Diabetes by Region
- China
- India
- Saudi Arabia
4. Total Addressable Market for CGM
- End Users - CGM
- Diabetic Users
- Prediabetes
- Athletes and Fitness Management
- Wellness - Weight Management
- End Users - Summary
5. New Business Models and Technologies
- New Business Models
- Noninvasive Monitoring Technologies
6. Growth Opportunity Analysis - Homecare Settings
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Region
- Forecast Analysis
7. Growth Opportunity Analysis - Hospitals and Other Care Settings
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Region
- Forecast Analysis
8. Growth Opportunity Universe
- Partnerships with Diabetes and Chronic Disease Solutions Providers
- Hospitals
- Wellness and Nondiabetic Applications
- Emerging Markets
For more information about this report visit https://www.researchandmarkets.com/r/860en5
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