Thailand Continuous Glucose Monitoring Devices Market Size & Outlook
Thailand continuous glucose monitoring devices market, 2018-2030 (US$M)
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Thailand continuous glucose monitoring devices market highlights
- The Thailand continuous glucose monitoring devices market generated a revenue of USD 46.0 million in 2022 and is expected to reach USD 97.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 9.9% 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 46.0 million |
| Market revenue in 2030 | USD 97.9 million |
| Growth rate | 9.9% (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, Thailand 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 Asia Pacific, China continuous glucose monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 459.5 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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Thailand 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 37.17% in 2022. Horizon Databook has segmented the Thailand 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 WHO, around 11% of its total health expenditure will be allotted to Thailand’s diabetes care segment in 2022. However, this number is projected to increase by 41% by 2030, effectively duplicating the burden of diabetes. Moreover, Thailand currently only has 272 endocrinologists available, leading to three among five inhabitants with diagnosed diabetes who receive treatment failing to meet the recommended treatment targets.
Thailand is witnessing an upsurge in diabetes patients due to lifestyle changes, particularly in urban areas, where sedentary lifestyles and unhealthy diets are more prevalent. Furthermore, the Thai government is taking measures to combat diabetes by implementing agendas, such as “Thailand Healthy Lifestyle Strategic Plan 2011-2020”, which will benefit diabetic patients understand the advantages of several diabetes devices commercially available in the market.
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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 Thailand continuous glucose monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand continuous glucose monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand continuous glucose monitoring devices market size, by product, 2018-2030 (US$M)
Thailand Continuous Glucose Monitoring Devices Market Outlook Share, 2022 & 2030 (US$M)
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