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Why is diabetes control a promising market for business?

01.07.24
Why is diabetes control a promising market for business?

The largest companies in the world are involved in the diabetes diagnostics market and here's why.

Major diabetes-related issues in the world form a whopping market and multi-billion dollar turnover of glucose monitoring and diagnostic tools.

Any control instrument has its service life.
A test strip is a disposable product that is discarded after a single measurement.

A CGM sensor is also a product with the necessary replacement of the biosensor or the sensor completely.

CGM systems last 7 to 15 days based on the model and manufacturer's recommendations.

Modern systems are designed in a way that doesn't allow to use the sensor for more than the specified period of time.
After the end of its service life, a new sensor must be installed.
This is primarily related to the safety of using the product.

Constant use, buying new strips and replacing sensors form a huge market, attracting major companies.

We aim to become a strong, large company in this market and to change the situation with accessibility to products for diabetes diagnostics as much as possible.

We wish health and well-being to everyone!