Europe Continuous Glucose Monitors Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.
The Europe Continuous Glucose Monitors (CGM) Market is experiencing significant growth, driven by an increasing demand for more advanced diabetes management solutions. Continuous glucose monitors have revolutionized the way individuals with diabetes track their blood glucose levels, allowing for real-time monitoring and adjustments. As healthcare systems across Europe evolve, both patients and medical professionals are embracing this technology to improve diabetes care outcomes. In this article, we explore the types of CGMs available in the European market and the specific requirements industries are seeking from these devices.
The market for CGMs in Europe is primarily categorized into two types: invasive and non-invasive. Invasive CGMs involve sensors that are placed under the skin, typically in the form of a small filament that monitors glucose levels in the interstitial fluid. These devices have become more popular due to their high accuracy and real-time data transmission. Non-invasive CGMs, which are still in developmental stages, use alternative methods such as infrared light or electromagnetic fields to monitor glucose levels without the need for skin penetration. Despite being less accurate than invasive devices, non-invasive CGMs are gaining attention for their user-friendly approach and minimal discomfort.
Industries, particularly in the healthcare and medical sectors, are looking for CGMs that not only provide precise and timely glucose readings but also integrate seamlessly with other health technologies. The demand for continuous data streams and the ability to sync CGMs with smartphones, wearables, and cloud-based platforms is a key industry requirement. Moreover, the increasing awareness about the need for personalized diabetes care is driving the demand for CGMs with features that cater to individual needs, such as alarms for low or high glucose levels and predictive algorithms that anticipate changes in blood sugar trends.
Healthcare providers and patients alike are prioritizing the need for CGMs that offer longer sensor life, ease of use, and minimal maintenance. The industry is also emphasizing the affordability of these devices as a crucial factor in expanding access to continuous glucose monitoring solutions. As the European market continues to grow, the future of CGMs appears promising, with innovations set to further improve diabetes management and patient quality of life.
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Dexcom
Abbott Laboratories
Medtronic
Senseonics Holdings
GlySens Incorporated
Meiqi Medical Equipment
San Meditech
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Continuous Glucose Monitors Market
Real-Time Continuous Glucose Monitors (RT-CGMs)
Professional Continuous Glucose Monitors
Flash Continuous Glucose Monitoring Systems
Hospitals and Clinics
Home Care Settings
Nursing Homes
Type 1 Diabetes Management
Type 2 Diabetes Management
Gestational Diabetes Management
Other Clinical Applications
Invasive Glucose Monitoring Technology
Non-Invasive Glucose Monitoring Technology
Wearable Sensors and Patches
Online Pharmacies
Retail Pharmacies
Medical Supply Stores
Direct Sales
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Continuous Glucose Monitors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Continuous Glucose Monitors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Continuous Glucose Monitors Market, By Type
6. Europe Continuous Glucose Monitors Market, By Application
7. Europe Continuous Glucose Monitors Market, By Geography
Europe
Germany
UK
France
8. Europe Continuous Glucose Monitors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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