Private Equity
Andrea Alms Video: Money In Motion 113 - Diabetes Device Market Overview
July 2024 - Private Equity
TRANSCRIPT Hello, my name is Andrea, alms and technology investor and financial manager and this is your Money in Motion. What is it? Diabetes devices can help people manage their diabetes by monitoring blood sugar levels, injecting insulin, or measuring ketones. At Grandview Research, the global diabetes device market was 30.3 U.S. billion dollars in 2023, with a combat average growth rate of 7.45%.
At market start ups, the market size was 24,000,000,000 in 2022 and expected to grow to 68.2 billion by 2032, at a compact average growth rate of 11.3%. At market and markets, the market was 18.9 billion in 2023 and expected to reach 35.8 billion in 2028, at a growth rate of 13.3%. Averaging the averages, the market size is 24.4 billion at 10.8% growth rate.
Thank you. This is your money. Your Money in Motion.