The SMBG market is growing with rapid pace due to numerous key factors like rising global diabetes population (type 1 diabetes and type 2 diabetes), increasing insulin dependent diabetes population, increasing obese population, rise in ageing population, rising awareness regarding diabetes and technological advancement of SMBG device that makes convenience for patient to easily measure blood glucose level. According to Renub Research the Global Blood Glucose Device Market is expected to surpass US$ 25 Billion mark by the end of the year 2025.
China has the Highest Diabetes Population in the World
Diabetes prevalence in China has been growing with rapid pace and it become one of the largest diabetes country in the world. Nearly 116.8 Million people affected with diabetes in China but the prevalence of SMBG user in China was quite low as compared to developed countries. Changing lifestyle and food habits is the key reason to increase diabetes population in China.
In this report, we have taken diabetes population of 17 countries; United States, United Kingdom, India, Netherlands, Germany, Australia, Spain, Russia, Brazil, Kuwait, Switzerland, China, Italy, Norway, Sweden, South Africa and Saudi Arabia etc. here we have fragmented diabetes population of each country into two parts; Type 1 Diabetes and Type 2 Diabetes.
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