According to the Centers for Disease Control and Prevention, more than 37 million people in the United States have diabetes. This is a little over 11% of the entire population.
A diabetic’s body does not produce enough or any insulin. People with this disease should measure their blood sugar regularly. This has traditionally been done with glucometers, which diabetics use to repeatedly prick their fingers for drops of blood. But technologies like continuous glucose monitoring have been on the rise over the past decade.
Abbott And Dexcom Two of the most influential players in space. Both companies have grown.
The technology is being marketed by a number of health and wellness apps as many companies see benefits for people who don’t have diabetes.
CNBC spoke with both Abbott and Dexcom about the technology inside continuous glucose monitors and how they see it expanding.
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