Healthcare

The rise of Continuous Glucose Monitoring (CGM) has reshaped the diabetes management technology market. With the market projected to reach US$44 billion by 2035, CGM technology is transforming diabetes care by replacing painful fingerstick tests and providing real-time glucose insights.

A free collection of insights from our industry experts, sharing some of the key technology innovation trends shaping the next decade.

Thursday 30 January 2025 - Introduction to diabetes and the role of medical devices in managing blood glucose; Roadmap of glucose sensing technologies including recent developments in continuous glucose monitoring; Discussion of insulin delivery options, including key challenges of each; Future of diabetes management technologies

With over 800 million people with diabetes in the world today, the market for diabetes management is substantial. IDTechEx forecasts the market for diabetes management technologies to exceed US$44 billion by 2035, with continuous glucose monitors (CGM) and insulin pump markets driving growth in the next ten years.

Sensor technology comes in many shapes and sizes, designed to measure a wide range of metrics for a host of different applications. There are sensors to collect data from almost all physical parameters: motion, magnetic field, current, temperature, force-light intensity - the list goes on. These miniaturized components are everywhere, from our smart-phones and home appliances to within cars, factories, and satellites.

Bringing together the worlds of assistive technology and consumer electronics is becoming increasingly necessary with ever-developing digital technology and communication abilities, for those with limited mobility or speech to benefit from such groundbreaking advances.

The demand for human wellbeing brings great value to the wearables market and creates a greater need for access to personalized healthcare and remote monitoring. Beginning with fitness trackers, the wearables industry now incorporates skin patches, smart mouthguards, smart glasses, and headsets, with devices being used in both personal and work environments.

IDTechEx predicts the brain computer interface market to exceed US$ 1.6billion in 2045, highlighting the large scope for growth and development within the sector, and the potential of BCI technology to improve accessible communication.

As applications for wearable technology grow, there are increasing opportunities for sensors that can detect more advanced metrics, be integrated into novel form factors, offer enhanced performance, or demand less power and space. Innovations in wearable sensor technology are expanding the envelope of biometrics accessible through watches and skin patches, addressing the rising demand for remote patient monitoring and decentralized clinical trials but also increasing consumer expectations.