Diabetes – already prevalent worldwide, its incidence is expected to continue to grow exponentially in the coming years. This disease in which the body fails to produce or respond appropriately to the insulin hormone manifests in two types: type 1 and type 2, and if untreated, results in dangerously elevated glucose levels in the blood and urine. Prolonged hyperglycemia (high blood sugar) can lead to serious complications, including cardiovascular disease, kidney failure, diabetic retinopathy or nephropathy, and ulcers.
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Valued at approximately $6.6bn in 2017, the Blood Glucose Monitoring Devices market is being driven by the new and innovative continuous glucose monitoring systems (CGMs) segment, which is expanding at double-digits.
Diabetes occurs when the body cannot use sugars properly due to impaired insulin production or utilization. Prolonged hyperglycemia (high blood sugar) can lead to serious complications including cardiovascular disease, kidney failure, diabetic retinopathy or nephropathy, and ulcers.
Diabetes mellitus is a group of chronic endocrine disorders characterized by hyperglycemia due to insufficient levels of insulin, a hormone responsible for regulating blood sugar.