Italy Continuous Glucose Monitoring Devices Market Size & Outlook
Italy continuous glucose monitoring devices market, 2018-2030 (US$M)
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Italy continuous glucose monitoring devices market highlights
- The Italy continuous glucose monitoring devices market generated a revenue of USD 140.5 million in 2022 and is expected to reach USD 271.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.6% 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 140.5 million |
| Market revenue in 2030 | USD 271.8 million |
| Growth rate | 8.6% (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, Italy accounted for 3.4% 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 Europe, Germany continuous glucose monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 376.7 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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Italy 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 37.01% in 2022. Horizon Databook has segmented the Italy continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
Italy was the first country in Europe to be affected by COVID-19 and experienced high excess mortality. The pandemic significantly impacted Italy’s diabetes care devices, creating opportunities for innovation in virtual consultations and diabetes technology. This is expected to propel the diabetes care device market growth.
In addition, the prevalence of diabetes in Italy is rapidly increasing due to obesity, unhealthy diet, and physical inactivity. Healthcare expenditure related to diabetes is also surging, indicating greater usage of diabetic care products.
For instance, in May 2021, the World Health Assembly adopted a resolution to prevent and control diabetes, emphasizing the need to increase access to insulin and promote convergence & harmonization of regulatory requirements for diabetes medicines & health products.
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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 Italy continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Italy continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
Italy Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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