Continuous Glucose Monitoring Market is expected to reach USD 8.82 Bn by 2032 at a CAGR of 7.80.

The increase in the prevalence of diabetes owing to aging, obesity, and unhealthy lifestyles is fueling the demand for continuous glucose monitoring. Obesity is the main cause of diabetes. According to WHO, the number of obese people across the globe exceeded 1 billion by 2022. Of these, 650 million are adults, 340 million are adolescents, and the remaining 39 million are children. Also, WHO has projected that in 2025, 167 million people including both children and adults will have poor health owing to weight issues & poor lifestyle which will drive the demand for continous glucose monitoring devices during forecast period. Additionally, diabetes is becoming more and more prevalent across the globe. According to the International Diabetes Federation,there would be 642 million suffering from diabetes in 2040. The statsitics further indicates that the prevalence of diabetes is increasing worldwide, with the highest increase witnessed in low and middle-income countries. All these factors will drive the demand for continous glucose monitoring boosting the market growth.