According to the World Health Organization, an estimated 9% among adults aged 18 years and above suffered from diabetes in 2014. Diabetes is projected to be the seventh leading cause of death by 2030. Growing demand for medications and devices for diabetes treatment boosts the global diabetes market. Extensive research and development activities have led to the introduction of several specialized and niche products for diabetes. The overall market witnessed a slight decline a couple of years back due to weak reimbursement policies.
The global diabetes market has a huge opportunity to grow in emerging economies. Presently, North America dominates the overall market, followed by Europe and Asia Pacific. In North America, the U.S. is the key market for diabetes products. Lately, the market has seen a spike in demand for devices that enable self monitoring of blood glucose. Devices facilitating manual insulin delivery have also gained wide acceptance among patients.
The QY Research report on global diabetes market offers an in-depth analysis of the current scenario of the market with definitive insights into the future trends. The report presents accurate and reliable study of the global dental industry and estimates the growth and valuation of the global diabetes market in the coming years.