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Demand for blood glucose monitors is strong, but DexCom isn't the only competitor in this lucrative market.
The Dexcom G7 was approved in December 2022 by the FDA for use as a standalone device and is the most accurate currently approved CGM in the U.S. [18] In a 2024 interview, Jake Leach, Dexcom's COO, stated his belief that while noninvasive glucose monitoring is a "beautiful concept" current technology doesn't match the accuracy of existing ...
In 2012, Dexcom released a new device that allowed for the sensor to be worn for seven days and had a transmission distance of 20 feet. Dexcom later introduced an app allowing data from the sensor to be transmitted to an iPhone. This system was approved for pediatric use in 2015. [13]
Is DexCom's business in trouble, or could this be a great buying opportunity for investors?
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The availability of DexCom's (DXCM) G6 CGM System to diabetic TRICARE military members is expected to enable them to make better real-time decisions about their health.
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