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
