Europe CGM Market is expected to surpass US$ 800 Million by the end of the year 2024. Good healthcare infrastructure, rising healthcare expenditure and awareness of patients regarding CGM technology in Europe will further accelerate the market of Continuous Glucose Monitoring (CGM) device. Continuous Glucose Monitoring (CGM) device are comparatively new innovation in diabetes management. The conventional technique that permits users for one time check of glucose levels, but the CGM systems manage, monitor and inform the user if the glucose level nears current levels. The CGM system measures glucose from the tissues as compared to manual testing of blood by a finger-stick glucose meter assists in identifying glucose levels for a longer span of time.
Generally, people who suffer from diabetes develop poor habits over the years which gradually seem hard to break. Using CGM systems that assist to control the desired glucose level by well awareness and understanding of food intake and blood glucose trends after eating specific foods.
Germany & France CGM Market will remain a dominant force in the European Region
According to this market research report, Germany & France is expected to be a dominant force in Europe Continuous Glucose Monitoring (CGM) market. The adoption of CGM device is comparatively faster in Sweden compared to other European region. As per many diabetes experts, CGM is the compatible device for effective diabetes management for people having severe complications (hypoglycemia or hyperglycemia) in the day to day life.
European Countries Reimbursement Policies on CGM Device
This report provides complete assessment of CGM reimbursement for specific countries that include: United Kingdom, Germany, France, Sweden, Switzerland and Netherlands. Many countries provide CGM reimbursement to pediatric, gestational diabetes and type 1 diabetes patients only. It is anticipated that continuous glucose monitoring systems will be widely accessible to all diabetes patients whether it type 1 or type 2.
This latest study “Europe CGM Market, Users, Reimbursement Policy, Continuous Glucose Monitoring Components (Glucose Sensor, Transmitter) Market, Diabetes (Type1 & 2) Population, & Forecast” provides a detailed and comprehensive insight of the Europe CGM Market.
This report studies the Continuous Glucose Monitoring (CGM) market from 3 view points:
- CGM Market
- CGM Users
- CGM Reimbursements Policy
Countries Covered:
1. Germany
2. France
3. Netherlands
4. Switzerland
5. Sweden
6. United Kingdom
The scope of the Report:
- CGM Market & Forecast: We have defined the CGM market of 6 countries. Market data from 2010 to 2017 and Forecast from 2018 to 2024
- CGM Users & Forecast: We have defined CGM number of Users of 6 countries. Market data from 2010 to 2017 and Forecast from 2018 to 2024
- Reimbursement Policy: Report provides Reimbursement Policy on CGM for 6 countries individually along with global CGM (Continuous Glucose Monitoring) reimbursement model
- Diabetes Population: Report covers 6 Countries Type 1 and Type 2 Diabetes Population Numbers and Forecast
- Growth Factors for CGM: This topic studies the factor which is helping the CGM industry to grow.
- Challenges for CGM: This industry shows the problems being faced by the CGM technology
Table of Contents
1. Executive Summary2. Europe - CGM User (2010 - 2024)3. Europe - CGM Market & Forecast (2010 - 2024)
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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