United Kingdom Continuous Glucose Monitoring Market Size (2024 - 2029)

United Kingdom Continuous Glucose Monitoring Market Analysis

The United Kingdom Continuous Glucose Monitoring Market is expected to register a CAGR of about 15.9% and reach a value of about USD 580 million over the forecast period.

According to The British Diabetic Association, the COVID-19 pandemic continued to have a huge impact on society. However, research and data showed that people with diabetes were disproportionately affected by COVID-19, particularly in terms of poorer outcomes when contracting the virus; that's why preventing or delaying cases of diabetes was more important than ever. The pandemic also highlighted opportunities for continuing and expanding innovations in the delivery of diabetes care through virtual consultations between healthcare providers and people with diabetes and diabetes technology. Crisis management has created unprecedented interest in remote care from both patients and providers.

Continuous Glucose Monitoring tests glucose concentration in the blood (glycemia). Particularly important in diabetes management, a blood glucose test is typically performed to determine the fluctuation in blood glucose level to take or alter the medication accordingly, especially for insulin users. Achieving optimum glycemic results can be very difficult without frequent monitoring of blood glucose levels.

Furthermore, the current continuous glucose Monitoring can either retrospectively display the trends in blood glucose levels by downloading the data or give a real-time picture of glucose levels through receiver displays. The newest CGM models, the Abbott Freestyle Libre 3 and the Dexcom G7, overcame many technical barriers. Technological advances such as Eversense E3 CGMs have significantly improved the ability of providers and patients to manage diabetes, thereby enhancing the market prospects in the years to come.

United Kingdom Continuous Glucose Monitoring Industry Segmentation

Achieving optimum glycemic results can be very difficult without frequent monitoring of blood glucose levels. A continuous glucose monitor tracks blood sugar levels 24 hours a day. It collects readings automatically every five to 15 minutes and detects trends and patterns to provide a complete picture of diabetes. The United Kingdom Continuous Glucose Monitoring Market is segmented into Component (Sensors and Durables). The report offers the value (USD) and volume (Units) for the above segments.