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PRESS RELEASE
Published August 22, 2023
“Market Intelligence Data That Adds Flavour To Your Success”
The size of the global market for Glucose Management Systems was estimated at USD 15.80 billion in 2029 and is anticipated to grow to USD 32.99 billion by 2029, at a CAGR of 9.9%.
The Global Glucose Management Systems Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Intelligence Data Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Glucose Management Systems Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Glucose Management Systems Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Glucose Management Systems Market in the coming years.
Some of the key players profiled in the study are F. Hoffmann-La Roche (Switzerland), Monarch Medical Technologies (US), Animas Corporation (US), LifeScan (US), Johnson & Johnson (US), DarioHealth Corp (Israel), Abbott (US), Senseonics (US), Dexcom (US) and other Prominent players.
KEY INDUSTRY DEVELOPMENTS:
- March 2023 – Abbott received the U.S. FDA approval for its FreeStyle Libre 2 and FreeStyle Libre 3 integrated CGM sensors for integration with automated insulin delivery systems.
- February 2023 – Dexcom, Inc. received the U.S. CMS approval for coverage for its G7 CGM system.
- August 2022 – Abbott partnered with WW International Inc. to integrate WW International Inc.’s diabetes-tailored weight management program with Abbott’s FreeStyle Libre product portfolio.
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**In case you need any specific business requirements, you can mention the same. We can customize the report based on the exact needs of the client**.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Glucose Management Systems market. The major and emerging players of the Glucose Management Systems Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Glucose Management Systems market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Glucose Management Systems market
Glucose Management Systems Market (By Types)
Data Management System
Insulin Delivery System
Combined System
Glucose Management Systems Market (By Application)
Hospitals
Clinics
Home Care Settings
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Important years considered in the Glucose Management Systems study:
Historical year – 2017-2021;
Base year – 2023;
Forecast period** – 2023 to 2029 [** unless otherwise stated]
If opting for the Global version of Glucose Management Systems Market; then the below country analysis would be included:
– North America (North America dominates the Blood Glucose Monitoring System market share and was valued at USD 6.92 billion in 2022. The increasing number of diabetes patients, growing adoption of technologically advanced medical devices and developed per capita medical expenses are some of the key factors principally accountable for the dominant share of regional market.)
– Europe (The Europe market is estimated to progress at a healthy CAGR, owing to the increasing awareness among people regarding diabetes management, along with the rapidly increasing demand for these monitoring system for the regular monitoring of patients at home.)
– Asia-Pacific (Asia Pacific is anticipated to register a substantial CAGR due to the rising prevalence of insulin-dependent diabetes and an increasing geriatric population in this region. Also, diabetic patients in countries, such as Japan and Australia, are actively interested in the regular and timely monitoring of their glucose levels. This, along with the increasing emphasis of key players to develop their direct presence in developing countries.)
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (The Middle East & Africa and Latin America are expected to register a moderate CAGR during the forecast period. This is due to the lack of awareness among the general population regarding diabetes care and inadequate reimbursement policies for Blood Glucose Monitoring System.)
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Reasons to Procure this Report:
- The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
- The report provides Glucose Management Systems market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.
- The research includes the Glucose Management Systems market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
- Glucose Management Systems market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
- This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
- The study helps evaluate Glucose Management Systems business predictions by region, key countries, and top companies’ information to channel their investments.
What is new in 2023?
– Major developments that can change the business landscape as well as market forecasts.
– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
– Coverage of new market players and change in the market share of existing players of the Glucose Management Systems market.
– Updated financial information and product portfolios of players operating in the Glucose Management Systems market.
– Updated market developments of the profiled players.
– Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Glucose Management Systems.
Customization services available with the report:
-20% customization.
-Five Countries can be added as per your choice.
-Five Companies can added as per your choice.
– customization upto 40 hours.
-Post-sales support for 1 year from the date of delivery.
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