Diabetes Supplements Market to Reach USD 13.4 billion by 2031, Growth at CAGR 4.2% | Report by Transparency Market Research, Inc. - Seite 2

Diabetes Supplements Market Report Scope:

Report Coverage

Details

Forecast Period

2021-2031

Base Year

2017-2020

Size in 2023

US$ 8.4 Bn

Forecast (Value) in 2034

US$ 13.4 Bn

Growth Rate (CAGR) 

4.2 %

No. of Pages 

197 Pages 

Segments covered 

By Type, By Disease Type, By Dosage Form, By Distribution Channel, By Region

Key Takeaways from Diabetes Supplements Market Report

• Rise in Awareness regarding the Curative Measures Determining Expansion of Diabetes Supplements Market Size

Increase in incidence of chronic diseases around the world is the factor basically raising the alarm regarding diabetes and its after-effects. The geriatric population has been reported to be more prone to diabetes. At times they have to battle the other health conditions as well. In such cases, it's really challenging for the healthcare personnel to make provisions for proper diabetes supplements that would not cause any visible side-effects to deteriorate the health further.

There is an increasing demand for prevention and treatment of diabetes all over. This demand is expected to keep the momentum going for the industry for diabetic supplements.

• Growing Prevalence of Diabetes Encouraging Growth of Diabetes Supplements Market

As per the IDF Diabetes Atlas, 537 million adults aged between 20 and 79 are battling diabetes type 1 worldwide. It further states that the number is likely to rise to 643 million by the year 2030 and 783 million by the year 2045. Another fact that is stated is that diabetes accounted for 6.7 million fatalities in 2021 alone.