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Continuous Glucose Monitoring (CGM) Devices Market 2018 Industry Challenges, Key Vendors, Drivers, Trends and Forecast 2024: Grand View Research Inc.

San Francisco, 27 February 2019: The Report Continuous Glucose Monitoring (CGM) Systems/Devices Market Size, Share & Trends Analysis Report By Component (Transmitters, Sensors, Insulin Pumps), By End Use (Hospitals, Homecare), And Segment Forecasts, 2018 – 2024 The global Continuous Glucose Monitoring (CGM) Systems/Devices Market size is expected to reach USD 1.01 billion by 2024, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 13.7% over the forecast period. Growing cases of diabetes and introduction of novel and advanced diabetes care devices are the major factors driving the market growth. Continuous glucose monitoring devices provide an efficient method to measure body glucose levels in real time. Data recorded by these devices is transmitted through a wireless network to receivers; this helps keep a track of glucose levels over a designated period. These devices also help manage diabetes while reducing individual insuli