Health Outlook
Diabetes was responsible for an estimated USD 966 billion in global health expenditure in 2021. This represents a 316% increase over the last 15 years.
2021 - International Diabetes Federations
Pre-diabetes is a significant space for our solutions, with approximately 541 million people worldwide currently affected and growing by 1.67 million per year. Pre-diabetes is a condition in which blood sugar levels are higher than normal, but not yet high enough to be classified as type 2 diabetes. It is often considered a warning sign that diabetes may develop in the future, and can be reversed through lifestyle changes such as diet and exercise. By targeting pre-diabetes, we aim to help individuals take proactive steps towards managing their health and preventing the onset of more serious health conditions. In the future, we also see tremors, such as Parkinson's disease, as another attractive entry space for our solutions, as these conditions can also benefit from real-time monitoring and analysis of health and wellness data.