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Continuous Glucose Monitoring (CGM) Devices Market Poised To Reach $1.01 Billion By 2024 Business Articles | June 9, 2016
New Market Research Reports Title “Continuous Glucose Monitoring (CGM) Devices Market Analysis Size and Segment Forecasts to 2024” Has Been Added to Grand View Research Report Database
The?continuous glucose monitoring (CGM) devices market?is expected to reach USD 1.01 billion by 2024 Nicklas Backstrom Womens Jersey , according to a new report published by Grand View Research, Inc.
The CGM devices market is anticipated to witness a lucrative growth during the period 2016 to prevalence of diabetes is increasing worldwide and calls for the continuous monitoring of blood glucose levels. The traditional methods of blood glucose monitoring have been compromised by the advent of continuous glucose monitoring systems.
These devices come with an innovative technology allowing quick and easy detection of blood glucose levels in the tissue fluid utilizing a small sensor for observation. By continuously observing readings at regular intervals, the continuous glucose monitoring systems allow patients to take adequate measures before hyperglycemic or hypoglycemic levels are reached.
Factors that support the growth of CGM devices market are its benefits over the other blood glucose monitoring systems, early detection of glucose levels Alex Ovechkin Womens Jersey , an increase in the number of diabetics worldwide, and growing awareness among developing and under-developing countries about such devices. The restraints for CGM devices market are stringent regulatory impositions and expensive systems. One of the key opportunities for this market would be the approval of the artificial pancreas that would accelerate the application of CGM devices.
The CGM devices industry, by product, is segmented into three types Jay Beagle Jersey , transmitters and receivers, sensors, and insulin pumps. On the basis of end-user, the continuous glucose monitoring industry is categorized into hospitals John Carlson Jersey , homecare diagnostics, research institutes, diagnostics, and clinical laboratories.
Browse full research report on Global Continuous Glucose Monitoring (CGM) Devices Market:?
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