CGM market size | Share & Forecast 2025–2030

Q: What is the CGM Market size?

The market was valued at USD 4.60 billion in 2023 and is projected to grow at a CAGR of 7.2% through 2031, reaching approximately USD 7.51 billion.

Q: Which region leads the market?

North America holds the largest share (around 39%), while Asia-Pacific is the fastest-growing region.

Q: What segment leads the market?

Sensor component dominates, accounting for over 40% of revenue due to frequency of use and accuracy advancements.

Q: What challenges does the market face?

High device cost, regulatory hurdles for non-diabetic use, and cybersecurity concerns for connected CGM systems.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA4161

Publication Date: Jun 2025

What is the CGM Market Size?

According to 6Wresearch internal data and global sources, the CGM market was valued at approximately USD 4.60 billion in 2024 and is projected to reach USD 7.51 billion by 2031, exhibiting a CAGR of 7.2%.

Growth is driven by the rising prevalence of diabetes, growing use of CGM in non-insulin reliant populations, sports and wellness applications, and accelerating technological advancements.

Key Growth Drivers

Rising rate of diabetes in the world and obesity prevalence
The increasing popularity of real-time monitoring glucose insulin input in place of the older ones
Innovation in non-invasive sensors and Bluetooth connecting technology
Homecare adoption and insurance reimbursement expansion
Applications in sports, healthcare as well as fitness markets, on non-diabetics
People are increasingly becoming educated about metabolic wellness and prevention

CGM Market Trends

CGM Market is expected to evolve with trends such as wider use of over-the-counter sensors for metabolic tracking, greater integration with smartphones and fitness devices, and emerging AI-powered analytics for predictive glucose insights. Sensor segment will continue dominating, supported by enhanced accuracy and longevity. Geographic expansion in Asia-Pacific and Latin America will accelerate due to improving healthcare infrastructure and increased awareness. Additionally, new competition from FDA-cleared OTC products targeting wellness users is reshaping adoption patterns.