| Product Code: ETC13219990 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Continuous Glucose Monitoring Devices Market was valued at USD 5.5 Billion in 2024 and is expected to reach USD 9.5 Billion by 2031, growing at a compound annual growth rate of 12.00% during the forecast period (2025-2031).
The Global Continuous Glucose Monitoring (CGM) Devices Market is experiencing rapid growth due to the increasing prevalence of diabetes worldwide. CGM devices allow individuals to continuously monitor their glucose levels in real-time, providing valuable insights for better diabetes management. Key market drivers include the rising adoption of CGM devices by patients and healthcare providers, technological advancements leading to more accurate and user-friendly devices, and the growing focus on personalized medicine. The market is also benefiting from the increasing awareness about the importance of continuous glucose monitoring in improving patient outcomes and reducing the risk of complications. Major players in the market are investing in research and development to launch innovative CGM devices, creating a competitive landscape. With a focus on improving patient quality of life, the Global CGM Devices Market is expected to continue expanding in the coming years.
The Global Continuous Glucose Monitoring Devices Market is experiencing significant growth driven by the rising prevalence of diabetes, technological advancements in CGM devices, and increasing awareness about the benefits of continuous glucose monitoring. Key trends include the development of integrated systems that combine CGM with insulin pumps, the use of artificial intelligence for real-time data analysis, and the expansion of CGM applications beyond diabetes management. Opportunities in the market lie in the untapped potential of emerging markets, the development of non-invasive CGM technologies, and the focus on personalized medicine through data-driven insights. With a growing diabetic population worldwide and the emphasis on proactive healthcare management, the CGM market is poised for continued expansion and innovation.
The Global Continuous Glucose Monitoring Devices Market faces several challenges, including regulatory hurdles in gaining approvals for new devices, high costs associated with continuous glucose monitoring systems, and limited insurance coverage for these devices, which can hinder widespread adoption. Additionally, issues related to accuracy and reliability of the devices, as well as user discomfort and adherence to wearing the devices continuously, pose challenges in the market. Competition from traditional glucose monitoring methods and other emerging technologies also impact the market growth. Addressing these challenges will be crucial for companies operating in this market to improve product efficacy, affordability, and user experience, as well as to navigate regulatory complexities for market expansion and sustainable growth.
The Global Continuous Glucose Monitoring Devices Market is primarily driven by the rising prevalence of diabetes worldwide, leading to an increased demand for effective glucose monitoring solutions. Technological advancements in continuous glucose monitoring devices, such as improved accuracy, real-time data monitoring, and user-friendly features, are also fueling market growth. The shift towards personalized and proactive healthcare, coupled with the convenience and efficiency offered by continuous glucose monitoring devices in managing diabetes, is further propelling market expansion. Additionally, the growing awareness about the benefits of continuous glucose monitoring in preventing complications associated with diabetes and the increasing adoption of these devices by healthcare providers and patients are key factors driving the market forward.
Government policies related to the Global Continuous Glucose Monitoring Devices Market vary by country but generally focus on ensuring patient access to these devices, promoting technological advancements, and establishing reimbursement frameworks. In the US, the Centers for Medicare & Medicaid Services (CMS) provides coverage for continuous glucose monitors for certain patient populations, while the FDA regulates the safety and efficacy of these devices. In the EU, regulations such as the Medical Devices Regulation (MDR) aim to ensure the quality and safety of continuous glucose monitoring devices. Additionally, countries like Japan have specific guidelines and reimbursement systems in place to support the adoption of these devices. Overall, government policies play a crucial role in shaping the market landscape for continuous glucose monitoring devices by influencing access, innovation, and affordability.
The Global Continuous Glucose Monitoring Devices Market is poised for significant growth in the coming years due to the rising prevalence of diabetes worldwide, increasing awareness about the benefits of continuous glucose monitoring in diabetes management, and technological advancements in sensor accuracy and connectivity. The market is expected to witness a surge in demand for these devices as they offer real-time data monitoring, improved accuracy, and convenience compared to traditional glucose monitoring methods. Additionally, the growing adoption of wearable technology and the trend of personalized healthcare are further driving the market expansion. With ongoing research and development efforts focused on enhancing device capabilities and expanding market reach, the continuous glucose monitoring devices market is projected to experience substantial growth and innovation in the foreseeable future.
In the Global Continuous Glucose Monitoring Devices Market, North America holds a significant share due to the high prevalence of diabetes, advanced healthcare infrastructure, and increasing adoption of technologically advanced devices. Europe follows closely, driven by rising awareness about diabetes management and favorable reimbursement policies. Asia Pacific is poised for rapid growth, primarily driven by the increasing diabetic population, improving healthcare infrastructure, and rising disposable incomes. The Middle East and Africa region is witnessing steady growth with a growing focus on preventive healthcare measures and increasing investments in healthcare infrastructure. Latin America is also a promising market, driven by a growing awareness of diabetes management and increasing healthcare expenditure. Overall, the continuous glucose monitoring devices market is expected to witness significant growth across all regions due to the increasing prevalence of diabetes and the shift towards personalized healthcare solutions.
Global Continuous Glucose Monitoring Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Continuous Glucose Monitoring Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Continuous Glucose Monitoring Devices Market - Industry Life Cycle |
3.4 Global Continuous Glucose Monitoring Devices Market - Porter's Five Forces |
3.5 Global Continuous Glucose Monitoring Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Continuous Glucose Monitoring Devices Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Continuous Glucose Monitoring Devices Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Global Continuous Glucose Monitoring Devices Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Continuous Glucose Monitoring Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Continuous Glucose Monitoring Devices Market Trends |
6 Global Continuous Glucose Monitoring Devices Market, 2021 - 2031 |
6.1 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Transmitters, 2021 - 2031 |
6.1.3 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Sensors, 2021 - 2031 |
6.1.4 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Receivers, 2021 - 2031 |
6.2 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Bluetooth, 2021 - 2031 |
6.2.3 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By 4G, 2021 - 2031 |
6.3 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.3.3 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Homecare Settings, 2021 - 2031 |
6.3.4 Global Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Continuous Glucose Monitoring Devices Market, Overview & Analysis |
7.1 North America Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
7.5 North America Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Continuous Glucose Monitoring Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
8.5 Latin America (LATAM) Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Continuous Glucose Monitoring Devices Market, Overview & Analysis |
9.1 Asia Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
9.5 Asia Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Continuous Glucose Monitoring Devices Market, Overview & Analysis |
10.1 Africa Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
10.5 Africa Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Continuous Glucose Monitoring Devices Market, Overview & Analysis |
11.1 Europe Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
11.5 Europe Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Continuous Glucose Monitoring Devices Market, Overview & Analysis |
12.1 Middle East Continuous Glucose Monitoring Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Continuous Glucose Monitoring Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Continuous Glucose Monitoring Devices Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
12.5 Middle East Continuous Glucose Monitoring Devices Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Continuous Glucose Monitoring Devices Market Key Performance Indicators |
14 Global Continuous Glucose Monitoring Devices Market - Export/Import By Countries Assessment |
15 Global Continuous Glucose Monitoring Devices Market - Opportunity Assessment |
15.1 Global Continuous Glucose Monitoring Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Continuous Glucose Monitoring Devices Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Continuous Glucose Monitoring Devices Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
15.4 Global Continuous Glucose Monitoring Devices Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Continuous Glucose Monitoring Devices Market - Competitive Landscape |
16.1 Global Continuous Glucose Monitoring Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Continuous Glucose Monitoring Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |