India Continuous Glucose Monitoring (CGM) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The India Continuous Glucose Monitoring (CGM) Market is segmented by individual components such as sensors and durables (receivers and transmitters).

Market Snapshot

 India Continuous Glucose Monitoring (CGM) Market Overview
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 19.49 %
 India Continuous Glucose Monitoring (CGM) Market Key Players

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

In India, diabetes is the fastest growing health condition, and the country has a significant population with high diabetes condition.​ The rising prevalence of diabetes and obesity, growing awareness regarding diabetic care, concern over healthcare expenditure, and technological advancements are a few factors that are further driving the market studied. ​In India, close to 25% of Type 1 diabetes patients use CGM devices. It is expected that close to 50% of Type 1 diabetes patients may use continuous glucose monitoring devices, during the forecast period. The prevalence of diabetes is increasing among all age groups in India, which can be attributed to the increasing obese population, along with rapid urbanization, sedentary lifestyles, unhealthy diets, tobacco use, increasing life expectancy, and physical inactivity. Due to these factors, the prevalence of Type 2 diabetes mellitus (T2DM) increased significantly.

Scope of the Report

The India continuous glucose monitoring (CGM) market covers the following aspects:

By Device (Value and Volume, 2020-2025)
Continuous Glucose Monitoring
Sensors
Durables (Receivers and Transmitters)

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Diabetes Prevalence in India Generating Demand for CGM Devices

In India, close to 25% of Type 1 diabetes patients use CGM devices. It is expected that close to 50% of Type 1 diabetes patients may use continuous glucose monitoring devices, during the forecast period. Youths are at the risk of developing diabetes at a younger age, due to the sedentary lifestyle. The prevalence of diabetes in adults is around 9%. Diabetes affects the quality of life, shortens life expectancy, and increases healthcare costs of the society. Hence, the demand for continuous glucose monitoring devices is on the rise and its adoption rate is also increasing. These factors are expected to drive the market studied.​

 India Continuous Glucose Monitoring (CGM) Market Key Trends

Sensors Accounted for the Highest Market Share in India Continuous Glucose Monitoring (CGM) Market in 2019

In 2019, the sensors segment in India accounted for 69% of the market share and is anticipated to register a CAGR of 19.37% during the forecast period (2020-2025). The sensor device is a tiny electrode that measures glucose levels in diabetes patients. The sensors continuously measure the glucose levels in the body through a small filament that is inserted under the skin and records the glucose levels. Within 5 seconds the users can download the data stored in sensors. In India Continuous Glucose Monitoring Devices Market we have considered the FreeStyle Libre Pro sensor (14-days working), Dexcom’s G4 Sensor (10-days Working), Medtronic’s Guardian sensor (7-days Working) and Fluorescence sensor.

 India Continuous Glucose Monitoring (CGM) Market Growth by Region

Competitive Landscape

The India Continuous Glucose Monitoring (CGM) Market is highly consolidated. There have been constant innovations driven by manufacturers to compete in the market. The major players, such as Abbott and Medtronic, have undergone many mergers, acquisitions, and partnerships, to establish market dominance. For instance, in January 2019, Eris Lifesciences and Medtronic PLC made collaboration for diabetes monitoring devices in India. Medtronic PLC announced its plan to introduce its latest US FDA-approved Guardian Connect device in India.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Dynamics

      1. 4.2.1 Market Drivers

      2. 4.2.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitute Products and Services

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. Market Segmentation

    1. 5.1 By Device (Value and Volume, 2020-2025)

      1. 5.1.1 Continuous Glucose Monitoring

        1. 5.1.1.1 Sensors

        2. 5.1.1.2 Durables (Receivers and Transmitters)

  6. 6. Market Indicators

    1. 6.1 Type-1 Diabetes Population (2012-2025)

    2. 6.2 Type-2 Diabetes Population (2012-2025)

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Abbott Diabetes Care Inc.

      2. 7.1.2 Dexcom Inc.

      3. 7.1.3 Medtronic PLC

    2. 7.2 Company Share Analysis

      1. 7.2.1 Abbott Diabetes Care Inc.

      2. 7.2.2 Dexcom Inc.

      3. 7.2.3 Medtronic PLC

      4. 7.2.4 Other Companies

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The India Continuous Glucose Monitoring (CGM) Market market is studied from 2018 - 2026.

The India Continuous Glucose Monitoring (CGM) Market is growing at a CAGR of 19.49% over the next 5 years.

Abbott Diabetes Care Inc., Dexcom Inc., Medtronic PLC are the major companies operating in India Continuous Glucose Monitoring (CGM) Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!