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CONTINUOUS GLUCOSE MONITORING and   Form

CONTINUOUS GLUCOSE MONITORING and Form

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Over 37 million people in the U.S. have diabetes. That's a little over 11% of the entire population. One out of every 16 people globally has diabetes. It's a big market. The most important thing you can do to manage diabetes is regular blood sugar monitoring. This has been traditionally done with glucometers by pricking your finger over and over several times a day. But over the last decade, technology like continuous glucose monitoring, has been on the rise. It provides crucial insight to how insulin and food affect blood sugar. Abbott and Dexcom are the two most dominant players in the space. Both companies have seen increased growth in 2022. Abbott's diabetes care sales, which include CGM and its other diabetes products, was $4.8 billion worldwide and $1.6 billion in the United States, a 35% increase year over year in the US. We still have a strip meter business and we still obviously have now the the Freestyle Libre portfolio of products. So about 4.5 million people every day using

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