The diabetes care market is estimated to be valued at USD 34.51 billion in 2025 and is expected to reach USD 62.73 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.9% from 2025 to 2032.
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The diabetes care industry is driven by the rising prevalence of diabetes, particularly type 2, linked to sedentary lifestyles and obesity. Additionally, advancements in technology and increased awareness about diabetes management are propelling the demand for innovative devices. However, challenges such as high costs of advanced devices and limited access in underdeveloped regions may restrain the market growth. Overall, the combination of increasing diabetes incidence and technological innovation presents significant opportunities for market players.
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