Medicare coverage expansion and robust demand for continuous glucose monitors, coupled with the launch of the G7 15-day sensor, are driving positive momentum for Dexcom (DXCM). However, intensifying competition and increased manufacturing investments to scale the new product could pressure gross margins and weigh on near-term profitability.
Medicare coverage expansion and robust demand for continuous glucose monitors, coupled with the launch of the G7 15-day sensor, are driving positive momentum for Dexcom (DXCM). However, intensifying competition and increased manufacturing investments to scale the new product could pressure gross margins and weigh on near-term profitability.
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