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Continuous Glucose Monitoring Market Will Grow at 14.8% CAGR Till 2020

April 24, 2014

PORTLAND, Oregon, April 24, 2014 /PRNewswire/ –

The database of Research Beam has a latest addition of report, titled “Continuous
Glucose Monitoring Market (CGM Systems, Application, Diabetic Type, and Adoption by Age
Group) – Current Trends, Size, Share, Industry Analysis, Competitive Intelligence, Growth,
Opportunities and Global Forecasts, 2012 -2020.” This report prepared with insightful
analysis provides a microscopic view about continuous glucose monitoring market to
healthcare industry professionals. This extensively studied report is fully versed with
business insights and opportunistic ideas.

To browse the full report, visit us @

http://www.researchbeam.com/continuous-glucose-monitoring-cgm-market

In 2012, the report observed the value of CGM to be $194.8 million. However, factors
such as rising awareness about CGM’s, earlier detection of hyperglycemic and hypo
condition, affectivity over conventional devices would take global CGM market to $568.5
million by 2020 with a CAGR of 14.8%.

“The market is overcoming several challenges towards the commercialization of closed
loop CGMs with significant focus on technological innovation. This is expected to take the
concept of CGM to a next level from research to mass adoption,” noted by analyst. Despite
such encouraging innovations, commercialization has not reached to desired levels. Major
factors responsible for this are issues related with accuracy as well as cost, less
attractive reimbursement coverage, and strict regulatory impositions. “However, the under
commercialization is presenting opportunities for the marketers as new and innovative
products will easily take the advantage of lower product presence,” Debbie explains. The
impact of FDA approval for artificial pancreas, superiority of CGMs over self-monitoring
devices and rise in diabetes cases will have significant impact on the overall market
growth.

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Providing minutest details of every sector, this report divides Global CFM market on
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investors between 2013 and 2020.

Study by AMR suggests that the receivers and transmitters attained highest revenue in
overall Global continuous glucose monitoring systems market with a value of $88.5 million
in 2012. However, during the analysis period, more improvements can be witnessed in
glucose sensors and hence, the report rightfully suggest that the glucose sensors would
generate the highest revenue during 2013 to 2020.

The report also provides a holistic views about geographies that play a vital role in
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This report gives you detailed insights about various companies involved in CGM
markets. The companies are listed below

        - Medtronic Inc.,
        - Dexcom Inc.,
        - Novo Nordisk,
        - Spring Health Solution Ltd,
        - Roche, Animas Corporation,
        - Ypsomed AG,
        - Insulet Corporation

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