LATIN AMERICA CONTINUOUS GLUCOSE MONITORING DEVICE MARKET ANALYSIS
Latin America Continuous Glucose Monitoring Device Market: Key Developments
Increasing number of reimbursement for continuous glucose monitoring products by the market players in various countries is expected to drive the Latin America continuous glucose monitoring device market growth over the forecast period
For instance, in March 2022, the Ontario provincial government announced a comprehensive reimbursement program for continuous glucose monitoring (CGM) device for eligible residents living with type 1 diabetes. This follows the February 2022 announcement from the Alberta provincial government about a similar program for people living with type 1 diabetes under the age of 18. In Colombia
Furthermore, increasing product launch by the key market player is expected to drive the growth of Latin America continuous glucose monitoring device market. For instance, in March 2019, Medtronic Plc. launched MiniMed 670G system, a self-adjusting insulin pump system for patients who have type 1 diabetes, in the U.K. Medtronic Plc. also supplies diabetic care products in Latin American countries such as Brazil, Chile, Colombia, and others.
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