Global Continuous Glucose Monitoring Market will be USD 5.6 Billion by 2025
According to the latest report by Renub Research, titled "Continuous Glucose Monitoring (CGM) Market, Users, Reimbursement Policy, Global Analysis, CGM Components Market, Diabetes (Type1 & 2) Population, & Forecast" captures a detailed analysis of the CGM Market.
The numbers of diabetic patients are increasing year on year. Therefore the market of monitoring devices is also growing, according to Renub Research analysis, the Global CGM Market will be US$ 5.6 Billion by the year 2025.
CGM is an essential device that offers real-time information on blood glucose levels and helps find a detailed blood glucose level pattern within 24 hours (288 reading). CGM gives Real-time reading every five minutes. Besides, since patients do not need to poke their finger, CGM is better than glucose-meter. For patients with daily hypoglycemia and hyperglycemia and glycemic targets, CGM is recommended.
Continuous glucose monitoring (CGM) offers dynamic information about the path of glucose change instead of reading from a blood glucose meter, providing the patient continuous and timely input on diet, behaviour, and insulin requirements to help make informed decisions diabetes care. CGM is a robust management method for therapy that can inform better choices for diabetes care, potentially leading to tighter glycemic regulation than using a blood glucose meter alone.
There are several ways for people with type 1 diabetes (T1D) to control their blood sugar, ranging from conventional finger sticks and insulin injections to continuous glucose monitoring (CGM) and insulin pumps.
For people with T1D, CGMs are a common device since they calculate and monitor blood glucose levels automatically and send warnings when they begin to rise or fall too far. Young children and adults aged 26 to 50 prefer to wear them more frequently. There are, however, barriers to access to such devices, including conditions for eligibility and insurance coverage. In addition, not all primary care providers are well-versed in how to use these programs to deliver care efficiently.
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Recent research indicates, however, that CGMs can be particularly helpful for the groups that appear to wear them the least, adolescents and young adults and older adults. They may help to enhance glycemic regulation and decrease instances of hypoglycemia when these devices are used regularly.
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