However the market is expected to shift towards the developing regions of Asian Pacific in
the near future. The Asia pacific region is expected to be led by India. India is called the
diabetes capital of the world with as many as 50 million diabetes patients. Of the two types
of diabetes India has more number of patients with type-2 diabetes. India has also
witnessing an alarming rise in incidence of diabetes. The World Health Organizations
estimates the global burden of type-2 diabetes to increase to 438 million by 2030 from 285
million people. For the diabetes treatment players in India this means a pie of 87 million
patients in 2030. Other Asia Pacific nations expected to drive growth in the future are
Vietnam, Indonesia and China.
Middle East is another lucrative market due to its higher wealth. African region is however
expected to be laggard due to poor socio economic conditions and geopolitical issues.
…Continued
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