June 17, 2022
According to the research report titled ‘United States Continuous Glucose Monitoring (CGM) Market: Demand, Insights, Trends, Analysis, Opportunities, Growth Potential and Forecast to 2027’, available with MarketStudyReport, the United States continuous glucose monitoring (CGM) market is expected to surpass the valuation of USD 5 billion by 2027.
The upsurge in cases of diabetes, technological developments, and the advantages of this system over point-of-care (POC) blood glucometers are all essential aspects leading to the expansion of the United States continuous glucose monitoring (CGM) industry.
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Moreover, the increasing adoption rate of continuous glucose monitoring systems (CGMS) in intensive care units and home healthcare, proficiency of these devices, as well as enhanced product knowledge are also contributing to the market growth.
Alongside an in-depth analysis of evolving possibilities and growth drivers, the research report also highlights constraints and limitations existing in the industry, along with all the plausible alternatives to assist stakeholders in sustaining the revenue flow.
The research provides 360-degree overview of the industry. It delivers information on the newest progress, the current economic trends, and predictions for the following years. The paper also contains information on the historical statistics from 2019 to 2020, based on which the developmental patterns for 2021-2027 are estimated, incorporating the crucial parameters such as volume, market size, and revenues generated by United States continuous glucose monitoring market.
The report provides a detailed overview of insulin users in the United States. Additionally, it states the total number of diabetic patients in the region.
The document closely analyses the availability, pricing, and fundamental developments in the industry. It also covers the data on percentages, facts, growth rate, and demand for continuous glucose monitoring (CGM) over the blood glucose meter (BGM). Furthermore, the continuous glucose monitoring devices have been subjected to a thorough comparative investigation.
The updated study outlines the most recent reimbursement patterns in the market. Additionally, it also contains a comprehensive understanding of the industry's regulatory environment.
To comprehend the competitive landscape, the document analyses specific descriptions of pioneering players, including their product portfolios, recent advancements, and business synopses.
Several organizations are developing unique technology-based solutions to generate high profits and retain their place in the United States continuous glucose monitoring market. The leading players profiled in the report are Senseonics Holdings, Inc., Medtronic plc, DexCom, Inc., and Abbott Laboratories.