Smart Monitoring, Smarter Markets: Inside the Rapid Rise of CGM Devices


Explore the rapid growth of the Continuous Glucose Monitoring Device Market, driven by diabetes prevalence, wearable tech, and digital health trends. Forecasts, innovations, and opportunities through 2031 revealed.

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United States of America – July 17, 2025 – The Insight Partners has released its latest market research report titled “Continuous Glucose Monitoring Device Market – Global Forecast 2025 to 2031.” The report highlights rapid market growth fueled by rising diabetes prevalence, patient demand for real-time monitoring, and breakthroughs in wearable health tech.

Market Snapshot

  • Market Size in 2024: USD 12.63 Billion

  • Expected Market Size by 2031: USD 32.97 Billion

  • CAGR (2024–2031): 12.6%

  • Historical Coverage: 2021–2023

  • Forecast Period: 2025–2031

This surge is powered by shifting patient preferences, digital healthcare integration, and wider adoption of at-home monitoring solutions.

What’s Driving Growth?

  • A global rise in Type 1 and Type 2 diabetes

  • Demand for non-invasive, continuous monitoring solutions

  • Integration with smartphones and digital health platforms

  • Increasing emphasis on self/homecare due to hospital burden

Market Segmentation

By Product

  • Sensors

  • Transmitters

  • Receivers

By Application

  • Type 1 Diabetes

  • Type 2 Diabetes

By Testing Site

  • Fingertip Testing

  • Alternate Site Testing

By End User

  • Hospitals Clinics

  • Self/Homecare

Trends Shaping the Future

Innovation in Device Technology

The market is being transformed by smarter sensors, AI-powered alert systems, and wireless devices that provide continuous, real-time glucose data.

Evolving Consumer Behavior

Patients now expect discreet, wearable solutions that sync with apps, deliver real-time analytics, and reduce manual intervention.

Regulatory Tailwinds

Faster device approvals and supportive policies are clearing the path for next-gen CGM products, expanding access globally.

Where the Opportunities Lie

  • Growth in remote and rural diabetes care

  • Strategic alliances between tech firms and healthcare providers

  • Expansion in emerging markets

  • Integration of CGMs with wellness ecosystems and fitness trackers

Conclusion

The Continuous Glucose Monitoring Device (CGMD) Market : Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2031 report provides much-needed insight for a company willing to set up its operations in the Continuous Glucose Monitoring Device (CGMD) Market . Since an in-depth analysis of competitive dynamics, the environment, and probable growth path are given in the report, a stakeholder can move ahead with fact-based decision-making in favor of market achievements and enhancement of business opportunities.

About The Insight Partners

The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.

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