Spain Continuous Glucose Monitoring Devices Market Size & Outlook
Spain continuous glucose monitoring devices market, 2018-2030 (US$M)
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Spain continuous glucose monitoring devices market highlights
- The Spain continuous glucose monitoring devices market generated a revenue of USD 105.8 million in 2022 and is expected to reach USD 189.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% 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 105.8 million |
| Market revenue in 2030 | USD 189.5 million |
| Growth rate | 7.6% (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, Spain accounted for 2.5% 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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Spain 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 36.39% in 2022. Horizon Databook has segmented the Spain continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
It is estimated that over 0.35 million people in Spain are currently living with type 1 diabetes, and up to 13.8% of adults in the country are believed to have diabetes. In addition, approximately 6% of those with diabetes in Spain are yet to be diagnosed.
These numbers are similar in the Valencian Community, which has a population of five million residents. In this country, primary care physicians monitor most diabetic patients and work closely with endocrinologists to manage more complex cases.
Over the last 2 years, there has been a significant rise in the number of people with diabetes in Spain. Dr. Antonio Pérez Pérez, the President of the Spanish Diabetes Association (SED) and who also serves as the Director of the Department of Endocrinology & Nutrition at the Hospital de la Santa Creu I Sant Pau in Barcelona, expressed concern about this trend, which negatively impacted millions of people across the country.
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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 Spain continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Spain continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
Spain Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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