The global continuous glucose monitoring systems (CGMS) market is predicted to garner $8,844.9 million by 2027 and grow with a healthy growth rate of 22.0% from 2020 to 2027, reveals a recent research report added by Big Market Research.
PORTLAND, Ore., Aug. 18, 2020 /PRNewswire/ -- The research study provides comprehensive insights into major drivers and restraints, key segments, investment opportunities, regional market conditionals, and top companies functioning in the CGMS industry. Furthermore, competitive scenario in different regions is outlined in the report.
Some of the factors that are propelling the Global Continuous Glucose Monitoring Systems (CGMS) Market growth are growing adoption of continuous glucose monitoring systems in household applications and rising occurrence of diabetes. However, refund and strict regulatory issues in developing nations are predicted to hinder the growth of the market. On the other hand, evolving markets are predicted to offer substantial growth opportunities for industry players in the upcoming years.
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The report provides in-depth segmentation of the global continuous glucose monitoring systems (CGMS) market based on component, demographics, end user, and region. By component, the report classifies the market into transmitters & receivers and integrated insulin pumps, and sensors. By demographics, the report divides the market into child population (=14 years) and adult population (>14 years). By end use, the report bifurcates the market into ICUs, clinics and diagnostics centers, and home healthcare. Regionally, the report evaluates the market across Asia-Pacific, Europe, North America, and LAMEA. The report evaluates these regions based on outlook and status of the market for the projected period. Furthermore, the report provides current market conditions and outlook of key countries in these regions.
The report provides a list of top companies functioning in the global continuous glucose monitoring systems (CGMS) market. Some of the key players operating in the industry are Dexcom, Inc., Abbott Laboratories, A. Menarini Diagnostics, Medtronic plc, Echo Therapeutics, Inc., GlySens Incorporated, Senseonics Holdings, Inc., Johnson & Johnson, and F. Hoffmann-La Roche Ltd. The report presents the performance and recent developments & activities of major players in this market. These insights help in understanding the competitive scenario and take the required steps to gain a remarkable position in the global industry.
This report is an ideal document for new entrants, leading market players, and investors to gain insights into the growth and future scope of the market. Insights offered in the report can help market investors and businesses to form strategies and gain a strong foothold in the global market.
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The estimates offered in the report have been derived using proven research methodologies and assumptions. As a final point, the research report is a great source of study material that offers analysis and information on every facet of the market.
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