- 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
