North America Continuous Glucose Monitoring Devices Market Size & Outlook

The continuous glucose monitoring devices market in North America is expected to reach a projected revenue of US$ 2,981.2 million by 2030. A compound annual growth rate of 8.4% is expected of North America continuous glucose monitoring devices market from 2023 to 2030.

Revenue, 2022 (US$M)
$1,565.8
Forecast, 2030 (US$M)
$2,981.2
CAGR, 2023 - 2030
8.4%
Report Coverage
North America

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

North

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North America continuous glucose monitoring devices market highlights

  • The North America continuous glucose monitoring devices market generated a revenue of USD 1,565.8 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, U.S. is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 1,565.8 million
Market revenue in 2030USD 2,981.2 million
Growth rate8.4% (CAGR from 2022 to 2030)
Largest segmentTransmitter & receiver
Fastest growing segmentInsulin Pumps
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, North America region accounted for 37.4% 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 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

North 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 36.9% in 2022. Horizon Databook has segmented the North 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.


In 2023, North America dominated the Continuous Glucose Monitoring (CGM) devices market, accounting for the largest share of 38.66% and is expected to maintain its dominance during the forecast period. Some key factors contributing to the region’s growth include the increasing geriatric population, the growing burden of diabetes due to lifestyle changes, the rising prevalence of obesity, and high treatment costs. 

Some of the key players, such as Abbott, Medtronic, and Dexcom, have their operational headquarters in North America, which is contributing to the market growth. Furthermore, the adoption of smart CGM devices and technologically advanced devices, such as the use of Artificial Intelligence (AI) & data analytics, are driving market growth. 

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America continuous glucose monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America continuous glucose monitoring devices market size, by country, 2018-2030 (US$M)

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

North America continuous glucose monitoring devices market size, by country, 2018-2030 (US$M)

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