Market Trends of South Africa Diabetes Drugs and Devices Industry
The continuous Glucose Monitoring Segment is Expected to Witness the Highest Growth Rate Over the Forecast Period
The continuous blood glucose monitoring segment is expected to register a CAGR of over 11.4% during the forecast period.
A continuous blood glucose monitor is an automatic blood glucose monitoring system consisting of a small device worn on the body and attached with an adhesive patch. The sensor portion of the device includes a cannula inserted into the top layer of the skin and uses a sample of interstitial fluid to check blood sugar levels. The sensor is connected to a transmitter that can transmit data wirelessly to a special mobile receiving device or smartphone. For diabetics, their caregivers, and the community, her use of CGM is beneficial in managing blood sugar and insulin levels to maintain good health. CGM makes blood sugar control much more accessible by reducing interruptions and allowing for better sleep. It also improves the mental health of patients and caregivers by reducing the overall mental burden associated with diabetes treatment, thereby improving the market prospects in the coming years.
Diabetes South Africa (DSA), Endocrinology, Metabolism and Diabetes Association of South Africa (SEMDSA), and Diabetic Youth are various organizations in South Africa dedicated to helping people with diabetes. DSA is a non-profit organization that mobilises volunteers to seek better care for people with diabetes. The focus is on educating citizens and lobbying governments for better facilities and cheaper healthcare. In addition, SEMDSA studies the genetic causes and causes of diabetes. The organization also promotes high standards of care and facilitates access to medicines nationwide. These organizations encourage increased allocation of budgets to fund all aspects of diabetes care, limit out-of-pocket costs, and support the healthcare system, the organization responsible for reimbursement, to prevent increased patient spending. They are encouraged to provide a system for better coordination with the Council.
In addition, current continuous blood glucose monitors can display blood glucose trends by downloading data or providing real-time images of blood glucose levels via the receiver's display. The emergence of new technologies such as cell phone integration will likely make continuous blood glucose monitoring devices cheaper, boosting the field.
Rising diabetes prevalence
Rapid urbanization, characterized by unhealthy high-energy diets and lack of exercise, has contributed to the growing epidemic of obesity. This is especially true for overweight or obese South African women. Obesity is a major cause of the T2DM epidemic. In South Africa, obesity is estimated to account for 87% of T2DM cases. In addition, these studies reported higher rates of newly diagnosed diabetes and glucose intolerance, which are associated with her increased annual risk of developing T2DM.
One of the main goals of diabetes management is to maintain blood glucose levels within specific target ranges, which can be achieved through activity, lifestyle, and a balanced diet that includes diabetes medications. Blood glucose monitoring readings provide the information needed to determine the optimal diabetes management strategy. How often people with diabetes use insulin to check their blood sugar levels depends on several factors. Her type 2 diabetic, who does not use insulin, may not need to check her blood sugar regularly. However, structured self-monitoring can be helpful.
One of the most effective ways to reduce diabetes prevalence in South Africa is to educate the public and encourage sound decision-making. South Africa is currently working towards this goal. A recent preventative measure the South African government took was introducing a sugar tax. By imposing high prices on sugary drinks and foods, governments are fighting obesity and helping citizens make more informed choices. South Africa has launched a temporary Diabetes Prevention Program (DPP). The DPP aims to integrate interventions into culturally relevant contexts through household surveys and group meetings with individuals at risk.
Therefore, the market studied is expected to grow during the analysis period due to the increasing penetration rate and the abovementioned factors.
