I get Machine Design magazine’s email newsletters. For those who don’t know, it’s a design engineering magazine primarily aimed at mechanical engineers, and those who need a higher level or systems perspective.
Today they had this article.
It opened with this:
The global market for blood glucose test strips will be worth $12.93 billion in 2021, its highest ever level, according to a report from the Business Research Company. Global sales of anti-diabetic drugs will also reach a record $121.2 billion. The explanation in both cases is the same: the worldwide explosion in the number of people with diabetes, especially the Type 2 variety. Between 2015 and 2021, the number of people diagnosed with diabetes will jump from 415 million to 425 million—a figure that is expected to rise to 642 million by 2040. Between 2017 and 2021 the market for blood glucose test strips will also increase, going from 3.15% a year to 5% a year. Driving the market will be the growing rate of diabetes prevalence around the world caused by lifestyle factors.
That number, $12.93 Billion in blood glucose test strips alone, blew me away.
Didn’t know quite where to post this, but I thought some folks here on the 2Dudes forums would appreciate it.