GITNUX MARKETDATA REPORT 2024

Diabetes Industry Statistics

The global diabetes industry is projected to reach a market value of $780 billion by 2026, driven by increasing prevalence of the disease and growing demand for diabetes management products and services.

Statistic 1

"By 2045, the global number of adults aged 20-79 years with diabetes is expected to rise to 700 million."

Sources Icon

Statistic 2

"The global market for continuous glucose monitoring (CGM) systems was valued at $1.8 billion in 2019 and is projected to reach $10.3 billion by 2027."

Sources Icon

Statistic 3

"The diabetic retinopathy market is projected to reach $10.87 billion by 2025."

Sources Icon

Statistic 4

"In the United States, diabetes costs the healthcare system approximately $327 billion annually."

Sources Icon

Statistic 5

"The insulin market is projected to reach $29.9 billion by 2026."

Sources Icon

Statistic 6

"Diabetes is one of the leading causes of death globally, ranked 7th in 2016."

Sources Icon

Statistic 7

"Approximately 10.5% of the U.S. population has diabetes in 2020."

Sources Icon

Statistic 8

"The diabetes care market in North America accounted for the largest revenue share in 2019."

Sources Icon

Statistic 9

"The Type 2 diabetes segment held the largest market share of more than 85% in 2020."

Sources Icon

Statistic 10

"Over 90% of diabetes cases worldwide are Type 2 diabetes."

Sources Icon

Statistic 11

"The prevalence of diabetes globally is approximately 463 million people as of 2019."

Sources Icon

Statistic 12

"The American Diabetes Association spent nearly $34 million on diabetes research funding in 2020."

Sources Icon

Statistic 13

"The diabetes drug Metformin was the most prescribed diabetes medication in 2021."

Sources Icon

Statistic 14

"The diabetes monitoring devices segment accounted for the largest revenue share in 2019."

Sources Icon

Statistic 15

"The diabetes management devices market is expected to grow to $25 billion by 2024."

Sources Icon

Statistic 16

"Approximately 1 in 3 adults in the U.S. has prediabetes, a condition where blood sugar levels are higher than normal."

Sources Icon

Statistic 17

"China has the highest number of people with diabetes in the world, with an estimated 116 million adults affected as of 2019."

Sources Icon

Statistic 18

"The cost of insulin in the U.S. has nearly tripled between 2002 and 2013."

Sources Icon

Statistic 19

"Roughly 1.5 million Americans are diagnosed with diabetes every year."

Sources Icon

Statistic 20

"The global diabetes drugs market size was valued at $48.3 billion in 2019."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!