Diabetes Global Industry Overview 2023 : Report

  • A new report titled “Diabetes Global Industry Overview 2023” sheds light on the
    staggering impact of diabetes on global health and healthcare expenditure.
  • With nearly seven million deaths attributed to diabetes in 2021 and healthcare costs
    reaching $970 billion that year, diabetes poses a significant challenge to healthcare
    systems worldwide.
  • The report Identifies over 1,840 medical centers specializing in diabetes treatment, with
    the United States leading the market, hosting 1,466 of these centers, comprising
    approximately 78% of the global total.
  • Following the US, countries with the highest numbers of diabetes treatment centers
    include India (58), Canada (51), the UK (42), Japan (29), and Australia (24).
  • The report also highlights the diabetes diagnostics market, with over 1,800 medical
    centers and clinics specializing in diabetes diagnostics.
  • The number of clinics in this segment has more than doubled from 567 in 1999 to 1,329
    in 2022.
  • However, market saturation became evident in 2019.
  • The period between 2000 and 2007 witnessed significant growth in diabetes diagnostics,
    with an average of 38 new clinics per year