Kuwait Continuous Glucose Monitoring Devices Market Size & Outlook

The continuous glucose monitoring devices market in Kuwait is expected to reach a projected revenue of US$ 20.5 million by 2030. A compound annual growth rate of 6.4% is expected of Kuwait continuous glucose monitoring devices market from 2023 to 2030.

Revenue, 2022 (US$M)
$12.5
Forecast, 2030 (US$M)
$20.5
CAGR, 2023 - 2030
6.4%
Report Coverage
Kuwait

Kuwait continuous glucose monitoring devices market, 2018-2030 (US$M)

Kuwait

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Kuwait continuous glucose monitoring devices market highlights

  • The Kuwait continuous glucose monitoring devices market generated a revenue of USD 12.5 million in 2022 and is expected to reach USD 20.5 million by 2030.
  • The Kuwait market is expected to grow at a CAGR of 6.4% 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 2022USD 12.5 million
Market revenue in 2030USD 20.5 million
Growth rate6.4% (CAGR from 2022 to 2030)
Largest segmentTransmitter & receiver
Fastest growing segmentInsulin Pumps
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSensors, Transmitter & Receiver, Insulin Pumps
Key market players worldwideDexCom Inc, Abbott Laboratories, Medtronic PLC, Ypsomed Holding AG, Senseonics Holdings Inc, A.Menarini Diagnostics, Signos


Other key industry trends

  • In terms of revenue, Kuwait accounted for 0.3% 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 Middle East & Africa, South Africa continuous glucose monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 85.1 million by 2030.

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Continuous Glucose Monitoring Devices Market Scope

Continuous glucose monitoring devices market segmentation & scope
Blood Glucose Meter
End Use
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Testing Strips
End Use
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Lancets
End Use
Hospital
Specialty Facilities
Home Care
Research And Manufacturing
Research And Manufacturing
Research And Manufacturing
Research And Manufacturing

Continuous Glucose Monitoring Devices Market Companies

Name Profile # Employees HQ Website

Kuwait 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 36.8% in 2022. Horizon Databook has segmented the Kuwait continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.


Kuwait represents a favorable investment outlook, with the country focusing on investments in the private sector. Moreover, the country offers diabetes devices at subsidized rates in the public sector, owing to the plans of the Kuwait Diabetes Society and Ministry of Health. This is expected to drive the continuous glucose monitoring devices market and provide significant growth opportunities for players in the country. Hence, major companies are launching their products in the country by collaborating with the local government.

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  • Our clientele includes a mix of continuous glucose monitoring devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Kuwait continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)

Kuwait Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)

Kuwait continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)

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