South Africa Continuous Glucose Monitoring Devices Market Size & Outlook
South Africa continuous glucose monitoring devices market, 2018-2030 (US$M)
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South Africa continuous glucose monitoring devices market highlights
- The South Africa continuous glucose monitoring devices market generated a revenue of USD 48.2 million in 2022 and is expected to reach USD 85.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.4% 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 2022 | USD 48.2 million |
| Market revenue in 2030 | USD 85.1 million |
| Growth rate | 7.4% (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, South Africa accounted for 1.1% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 36.51% in 2022. Horizon Databook has segmented the South Africa continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IDF Diabetes Atlas 2021, diabetes affects approximately one in nine adults in South Africa. The primary indicator of diabetes is the presence of imbalances in blood glucose levels that do not meet the standard levels. Although diagnostic tests can help diagnose the disease, only physicians can accurately interpret the results.
Patients who experience frequent fluctuations in glucose levels need to get their levels checked daily. Those who take insulin injections must monitor their blood glucose levels frequently, adjust their insulin doses, or switch medications if necessary.
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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 South Africa continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
South Africa Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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