Glucose Biosensors Market SWOT Analysis of Top Key Player & Forecasts To 2030
Global Market Insights recently introduced report on Global Glucose Biosensors Market Report is an in-depth study providing complete analysis of the industry for the period 2022 to 2030. It provides complete overview of Global Glucose Biosensors industry considering all the major industry trends, market dynamics and competitive scenario.
Several renowned industry players in the glucose biosensors industry are substantially investing in research and development to enhance product innovation and meet consumer demand. Back in April 2022, Ascensia Diabetes Care, a leading international diabetes care corporation, announced the launch of its next-gen Eversense® E3 Continuous Glucose Monitoring (CGM) System, as well as the latest savings program known as Eversense PASS.
Browse key industry insights spread across 182 pages with 170 market data tables and 13 figures & charts from the report “Glucose Biosensors Market Size By Product (Continuous Glucose Monitoring, Self-monitoring Blood Glucose), By Technology (Electrochemical Biosensors, Optical Biosensors), By End-Use (Hospitals, Home Care, Diagnostic Centres & Clinics), Industry Analysis Report, Regional Outlook, Growth Potential, COVID-19 Impact Analysis, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents
https://www.gminsights.com/industry-analysis/glucose-biosensors-market
Earlier this year, Eversense E3, created by Senseonics Holdings, Inc., received US Food and Drug Administration (FDA) approval for use for a maximum of six months, which made it the longest-lasting CGM sensor available on the market.
The glucose biosensors market has been bifurcated in terms of product, technology, end-users, and region.
Based on product, the glucose biosensors market has been categorized into continuous glucose monitoring (CGM) as well as self-monitoring blood glucose (SMBG).
In 2021, the SMBG segment registered a market valuation of approximately $5 billion and is projected to gain significant momentum in the forecast timeframe owing to increasing awareness around diabetes complications, risks, control, and management.
Based on technology, the industry has been divided into electrochemical biosensors and optical biosensors.
The electrochemical biosensors segment is anticipated to register a CAGR of around 12.8% through the forecast period, driven by the rising number of new product launches and innovations, which will further drive product demand.
With respect to end-users, the glucose biosensors market has been segmented into hospitals, home care, diagnostic centers & clinic, and others.
The hospitals segment is set to grow with a robust CAGR of nearly 12.9% over the review timeline. The increasing number of diabetic patients around the globe and the numerous complications associated with the disease would foster segment outlook.
Meanwhile, the home care segment, garnering the highest CAGR of over 13.2% through the forthcoming years, is expected to achieve this market growth owing to the elevated demand for glucose self-monitoring devices in recent years, especially in the wake of the COVID-19 pandemic.
Partial Table of Contents (ToC) of the report:
Chapter 4 Glucose Biosensors Market, By Product
4.1 Key segment trends
4.2 Continuous Glucose Monitoring (CGM)
4.2.1 Market size, by region, 2017 - 2030 (USD Million)
4.3 Self-Monitoring Blood Glucose (SMBG)
4.3.1 Market size, by region, 2017 - 2030 (USD Million)
Chapter 5 Glucose Biosensors Market, By Technology
5.1 Key segment trends
5.2 Electrochemical Biosensors
5.2.1 Market size, by region, 2017 - 2030 (USD Million)
5.3 Optical Biosensors
5.3.1 Market size, by region, 2017 - 2030 (USD Million)
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/glucose-biosensors-market
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