Global Diabetes Industry

 The diabetes market has changed significantly over the past two decades due to innovations and advancements in treatments. Drug developers have found this market to be a lucrative one because the disease is so common and the number of patients is expected to increase in the near future. As a result, the global market size, as measured by pharmaceutical sales, has grown six-fold since 2000, according to Global Data, a renowned data and analytics firm. The growth rate (CAGR) will increase by 6.5% from $19.7 billion in 2020 to $27 billion in 2025.

 

 

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