Market Size of India Continuous Glucose Monitoring (CGM) Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 185.40 Million |
| Market Size (2029) | USD 325.72 Million |
| CAGR (2024 - 2029) | 11.93 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India CGM Market Analysis
The India Continuous Glucose Monitoring Market size is estimated at USD 185.40 million in 2024, and is expected to reach USD 325.72 million by 2029, growing at a CAGR of 11.93% during the forecast period (2024-2029).
India is currently witnessing a notable increase in its diabetes prevalence, as the nation grapples with a rising epidemic of both type 1 and type 2 diabetes. Recent data underscores the magnitude of this issue, as India is home to one of the largest diabetic populations globally. According to the International Diabetes Federation (IDF), India is projected to have 101.2 million diabetes cases by 2030.
Continuous Glucose Monitoring is a new technology glucose monitoring device, which tracks blood glucose levels day and night. Sensor: Sensors are disposable devices placed under the skin, which measure blood glucose levels. A sensor can be used for several days before it needs to be replaced. Durables consist of transmitters and receivers. Transmitters are connected to the sensor and a reader (receiver) receives and displays the measurements. The device provides real-time measurements.
The factors that have driven the number of reported cases of diabetes can be segmented into individual-level risk factors, environmental risk factors, the evolution of the disease, detection effects, and global changes.
