Europe Continuous Glucose Monitoring Devices Market Size & Outlook
Europe continuous glucose monitoring devices market, 2018-2030 (US$M)
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Europe continuous glucose monitoring devices market highlights
- The Europe continuous glucose monitoring devices market generated a revenue of USD 1,334.0 million in 2022.
- The market is expected to grow at a CAGR of 8.4% 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.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,334.0 million |
| Market revenue in 2030 | USD 2,545.1 million |
| Growth rate | 8.4% (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, Europe region accounted for 31.8% 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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Europe 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 36.9% in 2022. Horizon Databook has segmented the Europe 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 increasing prevalence of diabetes and the rising awareness about diabetes management & control are some key factors expected to propel market growth over the forecast period. Furthermore, the continuous glucose monitoring devices market in Europe holds a lesser share than in North America, with some countries in Europe exhibiting less than 5% market penetration.
The difference in the market size of the two regions can be attributed to unfavorable reimbursement policies, market access issues of insulin pumps, and a lack of trained professionals in numerous European countries. Moreover, European countries have high diabetes expenditures due to the increased disease burden.
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Target buyers of Europe 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 Europe continuous glucose monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe continuous glucose monitoring devices market size, by country, 2018-2030 (US$M)
Europe Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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