India Continuous Glucose Monitoring Devices Market Size & Outlook
India continuous glucose monitoring devices market, 2018-2030 (US$M)
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India continuous glucose monitoring devices market highlights
- The India continuous glucose monitoring devices market generated a revenue of USD 115.3 million in 2022 and is expected to reach USD 248.7 million by 2030.
- The India market is expected to grow at a CAGR of 10.1% 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 115.3 million |
| Market revenue in 2030 | USD 248.7 million |
| Growth rate | 10.1% (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, India accounted for 2.8% 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 Asia Pacific, China continuous glucose monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 459.5 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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India 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 38.16% in 2022. Horizon Databook has segmented the India continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as physical inactivity, obesity, high-sugar, high-calorie, and high-fat diet are increasing the prevalence of diabetes in India. In addition, IDF estimated that nearly 10% of global health expenditure is spent on diabetes in India.
As per the Ministry of Health & Family Welfare of the Government of India, over 60% of deaths are due to Noncommunicable Diseases (NCDs), such as diabetes, chronic respiratory diseases, cardiovascular diseases, cancer, and others.
Moreover, to prevent and control major NCDs, the National Program for Prevention & Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke (NPCDCS) includes health awareness in schools, medical education, and urban planning for diabetes.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into India continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
India Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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