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u201cCoherent Market Insights u201cLATIN AMERICA CONTINUOUS GLUCOSE MONITORING DEVICE MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033
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LATIN AMERICA CONTINUOUS GLUCOSE MONITORING DEVICE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Latin America Continuous Glucose Monitoring Device Market - Overview Latin America Continuous Glucose Monitoring Device Market, by Component (Transmitters, Receivers, Insulin Pump, and Sensors ), by Distribution Channel (Hospitals & Clinics, Retail Channel, and Online Channel), and by Country (Mexico, Argentina, Uruguay, Brazil Colombia, Chile, Peru, and Rest of Latin America), was valued at US$ 126.2 million in 2018 and is projected to exhibit a CAGR of 15.9% during the forecast period (2018 - 2026), as highlighted in a new report published by Coherent Market Insights. The continuous glucose monitoring (CGM) device is expected to gain significant traction due to its efficient diabetes monitoring and management of people on intensive insulin therapy. Moreover, product clearance from the regulatory agencies such as Brazilian Health Regulatory Agency (ANVISA). For instance, in May 2016, CNOGA Medical Ltd. received marketing approval from Brazilian National Health Surveillance Agency (ANVISA) to market its continuous glucose monitoring device, TensorTip COG (non-invasive combo glucometer devices), in the Brazil market. Major players in the market are focused on development and launching of innovative continuous glucose monitoring devices in Latin American countries such as Brazil and Mexico, which is contributing to growth of Latin America continuous glucose monitoring device market. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/latin- america-continuous-glucose-monitoring-cgm-device-market-2993 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Browse 33 Market Data Tables and 23 Figures spread through 161 Pages and in-depth TOC on "Latin America Continuous Glucose Monitoring Device Market, by Component (Transmitters, Receivers, Insulin Pump, and Sensors), by Distribution Channel (Hospitals & Clinics, Retail Channel, and Online Channel), and by Country (Mexico, Argentina, Uruguay, Brazil Colombia, Chile, Peru, and Rest of Latin America) – Country Specific Forecast to 2026" Presence of major market players such as Medtronic Plc and Abbott in Latin America that are engaged in distribution of continuous monitoring devices in these countries is also expected to propel the Latin America continuous glucose monitoring device market growth over the forecast period. Moreover, high prevalence of diabetes in Latin America is also expected to increase demand for continuous glucose monitoring devices in this region and this is expected drive market growth in the near future. For instance, according to the International Diabetes Federation (IDF) Diabetes Atlas 8th Edition, in 2017, there were an estimated 26 million adults aged 20-79 years living with diabetes in the IDF South and Central America region, representing a regional prevalence of 8%. Furthermore, increasing healthcare expenditure for treatment of diabetes in Latin American countries such as Uruguay Chile, Peru, and Colombia is expected to boost the market growth. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2993 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION For instance, according to the International Trade Administration’s (ITA) estimation, in 2018, Chile’s annual healthcare expenditure accounted for around 8% of its GDP. In addition, according to World Data Atlas, in 2016, per capita health expenditure in Uruguay accounted for US$ 1,379. Key Takeaways of the Latin America Continuous Glucose Monitoring Device Market: Latin America continuous glucose monitoring device market is expected to witness a CAGR of 15.9% during the forecast period (2018 – 2026), owing to increasing prevalence of diabetes in Latin America Among component, sensors segment is expected to witness significant growth over the forecast period, as the currently available sensors in the market need to be replaced in every 10 to 14 days, which creates high demand for sensors in this market Major players operating in Latin America continuous glucose monitoring device market include Medtronic Plc, Abbott, F. Hoffmann-La Roche AG, Johnson & Johnson, Senseonics, Inc, Dexcom, Inc., Insulet Corporation, and Tandem Diabetes Care, Inc. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/2993 © Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved
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KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
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