Brazil Continuous Glucose Monitoring Devices Market Size & Outlook
Brazil continuous glucose monitoring devices market, 2018-2030 (US$M)
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Brazil continuous glucose monitoring devices market highlights
- The Brazil continuous glucose monitoring devices market generated a revenue of USD 95.1 million in 2022 and is expected to reach USD 167.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% 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.
Continuous glucose monitoring devices market data book summary
| Market revenue in 2022 | USD 95.1 million |
| Market revenue in 2030 | USD 167.9 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Transmitter & receiver |
| Fastest growing segment | Insulin Pumps |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 2.3% of the global continuous glucose monitoring devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil continuous glucose monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 167.9 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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Brazil 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 36.49% in 2022. Horizon Databook has segmented the Brazil 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 IDF Diabetes Atlas 2021 revealed that in Brazil, approximately 15.7 million adults, equivalent to 10.5% of the adult population, are currently living with diabetes. This high prevalence of diabetes resulted in Brazil having the third-highest diabetes-related health expenditure in the world, at USD 42.9 billion.
In Brazil, 32% of people living with diabetes remain undiagnosed. In addition, only 25% of individuals with diabetes were able to achieve the therapeutic goal of glycated hemoglobin (HbA1c)<7% before the pandemic, as recommended by the Brazilian Diabetes Society (SBD).
The demand for advanced devices and other home health applications for diabetes is high. People in Brazil consider the use of devices manufactured in the U.S., Europe, and Canada. However, they prefer domestic applications because of low costs.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
Brazil Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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