Asia Pacific Continuous Glucose Monitoring Devices Market Size & Outlook
Asia Pacific continuous glucose monitoring devices market, 2018-2030 (US$M)
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Asia Pacific continuous glucose monitoring devices market highlights
- The Asia Pacific continuous glucose monitoring devices market generated a revenue of USD 879.9 million in 2022.
- The market is expected to grow at a CAGR of 10% from 2023 to 2030.
- In terms of segment, transmitter & receiver was the largest revenue generating product in 2022.
- Insulin Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 879.9 million |
| Market revenue in 2030 | USD 1,883.1 million |
| Growth rate | 10% (CAGR from 2022 to 2030) |
| Largest segment | Transmitter & receiver |
| Fastest growing segment | Insulin Pumps |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Transmitter & Receiver, Insulin Pumps |
| Key market players worldwide | DexCom Inc, Abbott Laboratories, Medtronic PLC, Ypsomed Holding AG, Senseonics Holdings Inc, A.Menarini Diagnostics, Signos |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.0% of the global continuous glucose monitoring devices market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,883.1 million by 2030.
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Continuous Glucose Monitoring Devices Market Scope
Continuous Glucose Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific continuous glucose monitoring devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to continuous glucose monitoring devices market will help companies and investors design strategic landscapes.
Transmitter & receiver was the largest segment with a revenue share of 37.25% in 2022. Horizon Databook has segmented the Asia Pacific continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific market is majorly driven by China and Japan. China dominated the overall continuous glucose monitoring devices market in terms of revenue share. This can be attributed to the presence of major key players and the increasing prevalence of diabetes.
In addition, technological advancements in CGM devices, the increasing geriatric population, and the growing prevalence of lifestyle diseases, such as obesity, are some key factors anticipated to promote the continuous glucose monitoring devices market growth.
However, under-diagnosis is common in several low and middle income countries, and traditional blood glucose testing methods are still used in these countries over CGM due to lack of awareness and high equipment costs.
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Target buyers of Asia Pacific continuous glucose monitoring devices market databook
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Our clientele includes a mix of continuous glucose monitoring devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific continuous glucose monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific continuous glucose monitoring devices market size, by country, 2018-2030 (US$M)
Asia Pacific Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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