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Global CGMS Market Forecast 2015 – 21
Occams Business Research & Consulting
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Table of contents
•Introduction•CGMS market Segmentation
oBy DeviceoBy application
•CGMS Market overview•Sector Analysis•Drivers of CGMS Market•Restraints of CGMS Market•Challenges of CGMS Market•Opportunities of CGMS Market•Market share Analysis•Key Strategies of Market Leaders•Geography Analysis•Market Estimation
OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
CGMS are medical devices that help diabetic patients track their glucose levels through 24 hours. These devices are priced in the range of $1,000 to $1,500, and have to be calibrated with SMBG devices. CGMS comprise three main components sensor, transmitter and receiver. There are 380 million diabetic patients and globally the number of patients are increasing every year.
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INTRODUCTION
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Applications
-Home setting-Clinical-Hospital
CGMS Market Segmentation
Device
-Sensors-Transmitters and
receivers-Integrated insulin pumps
CGMS Market
Geography
North America-US-CanadaEurope-UK-Spain-Germany-Italy-France
APAC-China-Japan-India
Source: OBRC AnalysisOCCAMS BUSINESS RESEARCH & CONSULTING PVT.
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Sensors are the largest segment of CGMS
Over 60% of CGMS market is covered by sensors
Source: OBRC Analysis
Global CGMS market, 2013
Sensors
Transmitters and recievers
Integrated Insulin pumps
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Rise in diabetic patients increases opportunity for CGMS
Rise in global health expenditure
Emerging Asian market
Increase R&D funding and faster approval for APD.
Insulin pump manufacturers willing to integrate CGMS and Insulin pump technology
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Market Determinants -Drivers
Source: OBRC AnalysisOCCAMS BUSINESS RESEARCH & CONSULTING
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Innovation to overcome competition and CGMS issues such as.High price of sensorsLow reliabilityNeed for calibration
Recent development Echo therapeuticals developed symphony system with prelude skin
prep system MiniMed duo combines a glucose sensor and insulin infusion set into
one on body device.
Partnership to leverage technologyTo use each other’s distribution networks for saleTo capitalize on the individual strength of company
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Key Strategies of CGMS market
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Stringent Government policies and regulations
Established SMBG device manufacturers to stagnate CGMS growth
Poor access to healthcare services in developing nations
Lack of Awareness in developing countries
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Key Restraints of CGMS Market
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Growing diabetic population globally
APAC has more than 40% of the total diabetic patients
Emergence of new segment - Pediatrics More than 79000 children develop type 1
diabetes Hypoglycemia cases are more frequent in
children below 10
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Opportunity Analysis & More….
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High price of CGMS products is the key challenge
No government support for the consumer
Unmet diabetic need to be overcome
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Challenges of CGMS Market
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Geographic Analysis……1
CGMS market by geography
Source: OBRC Analysis
20202013
North America
Latin America
Asia Pacific
Europe
ROW
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•North America- North America is the largest market for CGMS devicesand applications. The increasing diabetic patients and healthexpenditure drives the CGMS market in the region.
•Europe is also has opportunity and demand for CGMS products. Thereare more than 60 million diabetic patients in Europe.
•APAC is fastest growing region for CGMS market- The highest diabeticnations such as China and India creates huge opportunity for CGMSmarket. However, low awareness and price sensitive consumer arebiggest restraint of Asian Market.
Increase in Awareness Levels Will Enable Quick Growth in Opportunity Markets
Source: OBRC AnalysisOCCAMS BUSINESS RESEARCH & CONSULTING
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Device 2011 2012 2013 2014 2015 2016 2017 2018
Sensors xxx xxx xxx xxx xxx xxx xxx xxx
Transmitters and receivers xxx xxx xxx xxx xxx xxx xxx xxx
Integrated Insulin pumps xxx xxx xxx xxx xxx xxx xxx xxx
Total xxx xxx xxx xxx xxx xxx xxx xxx
Region 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 CAGR
North
America xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
Asia
Pacific xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
Europe xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
ROW xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
Total xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
Global CGMS Market by Geographies
Market Estimation – Sample Tables
Global CGMS market by product
Source: OBRC Analysis
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Market Estimation contd…
•Sensors has the largest market share in CGMS market
•Sensors are the fastest growing segment in allgeography with over 33% CAGR from the year 2014 to2020.
•Transmitters and receivers are followed by sensorswith over 31% CAGR from the year 2014-2020
More Information Click : Global Continuous Glucose Monitoring
System Market ( Real Time Monitoring, Integrated Insulin Pumps, Blood
Glucose, Manufacturers, IPRO Glucose, MARD, SMBG, Diabetic
Population, Type 1&2 Diabetes) Growth, Share, Forecasts 2015 – 2021
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