DIABETES

There are 537 million diabetics worldwide. In the U.S., 37 million people suffer from diabetes, another 96 million people have pre-diabetes, and the cost of diabetes is $327 Billion/year. The worldwide market for blood glucose test strips is $14 Billion/year.

A Worldwide Epidemic

• Type 1 diabetics utilize continuous blood glucose monitors (CGMs)

• Type 2 diabetics use fingersticks to monitor their glucose - from twice to multiple times per day

• Pre-diabetics currently are monitored only by their physician, who looks at A1C values, which roughly correspond to average glucose over the past 2-3 months

• All of these diabetics can better control their exercise and diet by monitoring their glucose levels daily