Latin America Continuous Glucose Monitoring Devices Market Size & Outlook
Latin America continuous glucose monitoring devices market, 2018-2030 (US$M)
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Latin America continuous glucose monitoring devices market highlights
- The Latin America continuous glucose monitoring devices market generated a revenue of USD 245.3 million in 2022.
- The market is expected to grow at a CAGR of 6.8% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 245.3 million |
| Market revenue in 2030 | USD 416.4 million |
| Growth rate | 6.8% (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, Latin America region accounted for 5.9% 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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Latin America 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 36.57% in 2022. Horizon Databook has segmented the Latin America continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American countries have a high prevalence of diabetes, and Mexico is recognized for having many patients with diabetes as type-2 diabetes is becoming prevalent. The genetic predisposition to type-2 diabetes and the steadily increasing obesity incidence have been major contributors to the rise in type-2 diabetes cases over the past 40 years.
Approximately 10% of people worldwide currently live with diabetes. The Latin America continuous glucose monitoring devices market is primarily driven by Brazil, Mexico, Argentina, and Colombia. Growing investments by market players in the region, proximity to North America.
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Target buyers of Latin America 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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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 continent-level data and insights on the Latin America continuous glucose monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America continuous glucose monitoring devices market size, by country, 2018-2030 (US$M)
Latin America Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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