The future of continuous glucose monitors: global growth and US market leadership [Yahoo! Finance]
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DexCom, Inc. (DXCM)
Last dexcom, inc. earnings: 4/28 04:03 pm
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Source: Yahoo! Finance
According to the International Diabetes Federation (IDF), the global diabetes population is projected to hit 643 million by 2030, with North America seeing notable growth. This surge in diabetes cases, along with increasing obesity rates, makes the US the leading market for diabetes care devices according to GlobalData. CGMs, which provide real-time monitoring of blood glucose levels, are expected to see substantial growth in the next decade. GlobalData's latest market models predict a compound annual growth rate of 3.6% over the period. This growth is fuelled by innovations such as the introduction of over-the-counter (OTC) CGMs, which are making these critical tools more accessible to a broader population. Wearable sensors with smartphone apps will be transformative In March 2024, the FDA approved the first OTC CGM from Dexcom. The Dexcom Stelo Glucose Biosensor System, designed for individuals aged 18 and older who do not use insulin, provides continuous glucose measurements
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News
- Dexcom to lay off 535 employees in California [Yahoo! Finance]Yahoo! Finance
- Dexcom Schedules Second Quarter 2024 Earnings Release and Conference Call for July 25, 2024 at 4:30 p.m. Eastern Time.Business Wire
- DexCom (NASDAQ:DXCM) shareholders have earned a 26% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Breakthrough Studies on Automated Insulin Delivery and CGM for Type 2 Diabetes Unveiled at ADA Scientific Sessions [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine DexCom, Inc. (NASDAQ:DXCM)? [Yahoo! Finance]Yahoo! Finance
DXCM
Earnings
- 4/25/24 - Beat
DXCM
Sec Filings
- 6/28/24 - Form 4
- 6/28/24 - Form 144
- 6/20/24 - Form 4
- DXCM's page on the SEC website