TechNavio today launched its Global Continuous Glucose Monitoring (CGM) Device Market 2011“2015 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said, Recently, the Healthcare industry has witnessed a paradigm shift from providing hospital care to home healthcare. Vendors in the Healthcare Industry are developing new and portable medical devices that can be used at home by the patients themselves. The reason for this shift is the availability of portable, easy-to-use medical monitoring devices such as CGM devices and blood pressure monitors.
According to the report, the high prevalence of cardiovascular diseases and stroke across the globe is directly linked to the increase in the number of people suffering from diabetes. India and China are expected to account for the majority of the world’s diabetic population during the period 2011“2015. This has increased the demand for devices that are capable of monitoring glucose levels at regular intervals so as to curb the disease at the development stage. Thus, the ability of CGM devices to address this has contributed to the growth of the Global CGM Device market.
The report also reveals that the high preference among patients for traditional glucose monitoring devices poses a threat to the Global CGM market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-continuous-glucose-monitoring-device…
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TechNavio Announces the Publication of its Report “ Global Continuous Glucose Monitoring Device Market 2011“2015
