India Continuous Glucose Monitoring (CGM) Market Size (2024 - 2029)

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.

India CGM Industry Segmentation

Continuous glucose monitoring devices use glucose oxidase to measure blood sugar levels. In the sensor, platinum combines with glucose oxidase to produce hydrogen peroxidase, which then produces an electrical signal that is sent to the transmitter. India's continuous glucose monitoring market is segmented by component. The report offers the value (in USD) and volume (in units) for the above segments.