Tracking the Future: Continuous Glucose Monitoring Device Market Set for Strong Growth by 2031

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United States of America – July 17, 2025 – The Insight Partners is proud to unveil its latest market intelligence report, “Continuous Glucose Monitoring Device Market: An In-depth Analysis of Global Trends and Forecasts.” This comprehensive study sheds light on the rapidly growing Continuous Glucose Monitoring (CGM) device market, providing insights into current dynamics and forecasting robust growth through 2031.

Overview of the Continuous Glucose Monitoring Device Market

The Continuous Glucose Monitoring Device market is undergoing a significant transformation driven by rising diabetes prevalence, patient demand for non-invasive solutions, and technological innovation in real-time glucose tracking. The report delves into how these factors—along with evolving healthcare policies and digital health integration—are shaping the industry.

Key Findings and Insights

Market Size and Growth

  • Market Size in 2024: USD 12.63 Billion

  • Projected Market Size by 2031: USD 32.97 Billion

  • CAGR (2024–2031): 12.6%

  • Historical Data: 2021–2023

  • Forecast Period: 2025–2031

Key Growth Drivers

  • Rising incidence of Type 1 and Type 2 diabetes worldwide

  • Increasing adoption of remote patient monitoring

  • Technological advancements in wearable and sensor-based systems

  • Growing preference for self/homecare glucose monitoring

Market Segmentation

By Product

  • Sensors

  • Transmitters

  • Receivers

By Application

  • Type 1 Diabetes

  • Type 2 Diabetes

By Testing Site

  • Fingertip Testing

  • Alternate Site Testing

By End User

  • Hospitals & Clinics

  • Self/Homecare

Each segment is analyzed for its contribution to the market size, growth trajectory, and future potential.

Spotting Emerging Trends

Technological Advancements

The Continuous Glucose Monitoring Device Market is seeing a surge in next-gen sensors, AI-integrated platforms, and smartphone-linked monitoring systems that offer continuous, non-invasive glucose data with predictive alerts.

Changing Consumer Preferences

Patients are increasingly choosing compact, user-friendly Continuous Glucose Monitoring Devices that offer real-time insights and minimal disruption to daily life, especially in homecare settings.

Regulatory Changes

Global regulatory bodies are streamlining approval processes for Continuous Glucose Monitoring Devices, supporting faster time-to-market and broader access to innovative glucose management solutions.

Growth Opportunities

The Continuous Glucose Monitoring Device Market presents strong growth potential in:

  • Expanding Self-Monitoring Applications

  • Remote Diabetes Management in Rural Areas

  • Wearable Tech Integration with Health Apps

  • Strategic Collaborations Between Tech Firms and Healthcare Providers

Conclusion

The Continuous Glucose Monitoring Device (CGMD) Market : Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2031 report provides much-needed insight for a company willing to set up its operations in the Continuous Glucose Monitoring Device (CGMD) Market . Since an in-depth analysis of competitive dynamics, the environment, and probable growth path are given in the report, a stakeholder can move ahead with fact-based decision-making in favor of market achievements and enhancement of business opportunities.

About The Insight Partners

The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.

for reference: - https://shorturl.at/awCoA

To know more and get access to Sample reports.
https://www.theinsightpartners.com/sample/ TIPRE00018031

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