Continuous Glucose Monitoring Market Size
The Continuous Glucose Monitoring Market was worth US$ 3.23 billion in 2023 and is projected to reach US$ 12.87 billion by 2032, with a Compound Annual Growth Rate of 8.23% from 2024 to 2032.
Continuous glucose monitoring (CGM) is an effective tool that mechanically estimates blood glucose levels during the day and night. It consists of three components: a tiny sensor, a sticky patch, and an implantable sensor. These sensors estimate the glucose level in the fluid between cells, which closely mirrors the glucose level in the blood. The CGM system also includes three parts: a sensor, a transmitter, and a software program. The transmitter wirelessly sends the data to a smartphone. The CGM also provides alerts and displays an image indicating the glucose level. Importantly, by helping to maintain glucose levels in a healthy range, CGM plays an essential role in preventing diabetes complications. The CGM is used once a day, or nearly every day.
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