(PharmaNewsWire.Com, February 02, 2017 ) The gradual advancement and innovation of new diabetic care technologies have formed a concrete platform for the further growth of Continuous Glucose Monitoring (CGM) Systems market. With the emergence of advanced technologies such as mobile health, smart sensors, wearable technologies, and 3D-printing into the field of diabetic care, there has been a rise in the overall demand of the newly developed CGM devices. Presently, the focus of the government initiative is mainly towards developing non-invasive solutions, controlling the level of increase in diabetic population, and integrating advanced technologies to fulfill the unmet needs of the diabetic population. Governmental regulations and standards are playing a major role in sustaining the growth and development of the CGM Systems market. The main aim of these regulations is to make the device more adaptable and attentive towards different types of diabetic conditions as well as to provide modern mobile technologies to the diabetic population. The patients benefit indirectly through these regulations as it helps them to save time and cuts-down the overall cost of monitoring devices as the patients receive the required treatment for the disease.
The market growth is propelled due to factors such as: increasing demand for non-invasive treatments, technological innovation and advancements, increasing diabetic population, and Medicare & reimbursement policies, among others.
This study includes an overview and analysis of the CGM Systems market, by components end user groups, applications, and geography, allowing the research to develop a comprehensive outlook of the market. The market report presents a detailed and analytical study of the entire market and provides a comprehensive insight into various forms of developments, trends and key participants. The type of diabetes are categorized into three major categories, viz. type 1, type 2, and gestational in the report. All of the above mentioned report coverage parameters are discussed across different regions such as North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW). While highlighting the key driving and restraining forces for this dynamic market, the report also provides a comprehensive section of the prominent consortiums, associations, and regulatory bodies, and their involvement in the CGM Systems market.
The answers to the following key questions can be found in the report:
-What are the major drivers, challenges and opportunities of the CGM Systems market and their use cases? -How is the blood glucose monitoring device market evolving? -What are the driving and restraining factors in the blood glucose monitoring device market? -What are the market shares of the leading segments of the CGM Systems market in 2015? -How will each component of the CGM Systems grow over the forecast period and how much revenue will these account for in 2022? -How will the market shares of the leading national markets change by 2022 and which country will lead the market in 2022? -How the industry will evolve during the period between 2016 and 2022? -What are the key developmental strategies implemented in different applications across all regions? -How will the key market players leverage on key developments such as mergers & acquisitions, partnerships, and product launches among others? -Which geographical region will lead the global CGM Systems market by the end of the forecast period? -Who are the key players in the CGM Systems market? -What are different end user groups in this market and how are they categorized? -What are the different applications in which CGM devices are being used? -What are the different used case scenarios considered under different applications? -What are the market trends and key developments in different geographical regions?
The research study tries to answer various aspects of the CGM Systems market with the help of central factors driving the market, threats that can possibly slow down the overall market growth, and the current growth opportunities that are going to shape the future trajectory of the market expansion. The study takes into account Porter’s Five Force model and opportunity matrix for an in-depth study of the CGM Systems market and an assessment of the factors governing the same.
Table of Content :- Executive Summary 16 1 The Research Scope and Methodology 25 1.1 Scope of the Report 25 1.2 Global Continuous Glucose Monitoring (CGM) Systems Market Research Methodology 27 2 Market Dynamics 31 2.1 Market Drivers 31 2.1.1 High Prevalence of Diabetic Population 32 2.1.2 Patients Involvement in Healthcare 32 2.1.3 Proliferation of Smartphones and Wearable Devices into Healthcare 33 2.1.4 Prevalence of Overweight and Obesity in Selected Countries 34 2.1.5 Medicare and Reimbursements 34 2.2 Market Challenges 35 2.2.1 Stringent Regulations and Standards 35 2.2.2 Requirement of Enormous Time and Training by Patients 36 2.2.3 High Cost of Device 36 2.3 Market Opportunities 36 2.3.1 Evolution of Artificial Pancreas 37 2.3.2 Innovation of Non-Invasive Glucose Monitoring Devices 37 3 Competitive Insights 38 3.1 Key Market Developments & Strategies 38 3.1.1 Product Launch and Development 40 3.1.2 Collaborations, Joint Ventures & Partnerships 43 3.1.3 Business Expansion and Contracts 49 3.1.4 Patent, Approvals and Certifications 50 3.1.5 Mergers and Acquisitions 54 3.1.6 Other Strategies 55 3.2 Industry Attractiveness 57 4 Industry Analysis 62 4.1 Patent Analysis 62 4.2 Consortium, Association and Regulatory Bodies 64 4.3 Value Chain Analysis 71 5 The Global CGM Systems Market Analysis & Forecast 73 5.1 Assumptions for Analysis and Forecast of the Global CGM Systems Market 73 5.2 Market Overview 74 5.2.1 Type of Diabetes 74 5.2.1.1 Type 1 Diabetes 75 5.2.1.2 Type 2 Diabetes 77 5.2.1.3 Gestational Diabetes 77 5.2.2 Emerging Technologies & Trends in CGM Systems 80 5.3 Global Continuous Glucose Monitoring (CGM) System Market by End User Group 81 5.3.1 Children and Teens 84 5.3.2 Youth 85 5.3.3 Middle Elderly and Aged 87 5.4 Global Continuous Glucose Monitoring (CGM) System Market by Components 88 5.4.1 Insulin Pumps 90 5.4.2 Sensors 92 5.4.3 Transmitters & Receivers 97 5.5 Global Continuous Glucose Monitoring (CGM) Systems Market by Applications 99 5.5.1 Households/Home Setting 101 5.5.2 Hospitals 102 5.5.3 Clinics & Diagnosis Centres 103 5.6 Global Continuous Glucose Monitoring (CGM) Systems Market by Geography 105 5.6.1 North America 109 5.6.2 Europe 115 5.6.3 APAC 119 5.6.4 Rest of the World (ROW) 123
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