Southeast Asia Continuous Glucose Monitoring Market To Reach $492.37 Million By 2030

Southeast Asia Continuous Glucose Monitoring Market Growth & Trends

The Southeast Asia continuous glucose monitoring market size is anticipated to reach USD 492.37 million by 2030 and is projected to grow at a CAGR of 8.26% from 2024 to 2030, according to a new report by Grand View Research, Inc. Key drivers for the global market include complex interplay of technological advancements, regulatory frameworks, consumer awareness, healthcare infrastructure development, economic factors, and demographic trends collectively driving its growth trajectory.

The market growth is propelled by increasing prevalence of diabetes, heightened awareness and adoption of advanced diabetes management technologies, favorable government initiatives and healthcare policies, and a rising demand for personalized healthcare solutions.

The International Diabetes Federation reported 90 million adults with diabetes in the Southeast Asia Region, a number projected to rise to 152 million by 2045. The Western Pacific Region had 206 million adults with diabetes, a number expected to increase to 260 million. Regular glucose monitoring is crucial for managing insulin doses, hence increasing prevalence of diabetes in this region is most likely to help the market grow.

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Southeast Asia Continuous Glucose Monitoring Market Report Highlights

• Based on component, the sensors segment led the market with the largest revenue share of 39.9% in 2023. The sensor's technology generates electrical signals during the glucose-oxidase reaction, enabling the monitoring of glucose levels at specific time intervals

• Based on connectivity, the bluetooth segment led the market with the largest revenue share of 58.3% in 2023. CGM sensors typically incorporate Bluetooth chips that deliver real-time glucose level readings and notifications to smartphones or other devices. Consequently, using Bluetooth connectivity among diabetic patients presents growth opportunities for this segment

• Based on end use, the homecare segment is dominant due to the presence of advanced remote CGM devices and their associated benefits make them user-friendly for glucose monitoring in adults and children

Southeast Asia Continuous Glucose Monitoring Market Segmentation

Grand View Research has segmented the Southeast Asia continuous glucose monitoring marketbased on product, type, application, end-use, and country:

Southeast Asia Continuous Glucose Monitoring Component Outlook (Revenue, USD Million, 2018 - 2030)

• Sensors

• Transmitters

• Receivers

Southeast Asia Continuous Glucose Monitoring Connectivity Outlook (Revenue, USD Million, 2018 - 2030)

• Bluetooth

• 4G

Southeast Asia Continuous Glucose Monitoring End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Home Care

• Others

Southeast Asia Continuous Glucose Monitoring Country Outlook (Revenue, USD Million, 2018 - 2030)

• South East Asia

  • Singapore

  • Philippines

  • Thailand

  • Malaysia

  • Indonesia

  • Rest of South East Asia

List of Key Players in the Southeast Asia Continuous Glucose Monitoring Market

• Dexcom, Inc.

• Abbott

• Medtronic

• F. Hoffmann-La Roche Ltd

• Senseonics

• Ascensia Diabetes Care Holdings AG.