Sweden Continuous Glucose Monitoring Devices Market Size & Outlook
Sweden continuous glucose monitoring devices market, 2018-2030 (US$M)
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Sweden continuous glucose monitoring devices market highlights
- The Sweden continuous glucose monitoring devices market generated a revenue of USD 93.1 million in 2022 and is expected to reach USD 173.0 million by 2030.
- The Sweden market is expected to grow at a CAGR of 8.1% 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 93.1 million |
| Market revenue in 2030 | USD 173.0 million |
| Growth rate | 8.1% (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, Sweden accounted for 2.2% 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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Sweden 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 36.63% in 2022. Horizon Databook has segmented the Sweden continuous glucose monitoring devices market based on sensors, transmitter & receiver, insulin pumps covering the revenue growth of each sub-segment from 2018 to 2030.
Diabetes is a growing concern in Sweden, with an estimated 5% of the population living with the disease. Diabetes management devices, such as insulin pumps and CGM devices, are becoming increasingly popular in Sweden as patients seek to better manage their condition. The continuous glucose monitoring devices market in Sweden is expected to grow significantly in the coming decade.
Growth in the country can be attributed to the increasing prevalence of diabetes, rising awareness about diabetes management, and the availability of advanced devices. In particular, the adoption of CGM devices is expected to increase rapidly in Sweden, as they offer patients continuous monitoring of their blood glucose levels and help them make more informed decisions about their diet & medication.
Some of the key players in the continuous glucose monitoring devices market in Sweden are Medtronic, Abbott Laboratories, Dexcom, and Roche, among others. The medical devices manufacturing industry in Sweden is comparatively small and employs roughly 18,000 people. Domestic companies include small- to mid-sized manufacturers.
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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 Sweden continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Sweden continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
Sweden Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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