Diabetes has been a major epidemic, globally. The adult diabetic population was 463 million in 2019 with the prevalence rate reaching 8.5%, as per International Diabetes Federation (IDF). Over 4.2 million mortalities occurred due to diabetes, globally. India’s population is more than 1.3 billion that is estimated to be around 17.7% of the global population in 2019 which is increasing every year. India is a huge market for diabetes diagnosis and treatment.

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Most of the companies working in India are using distribution networks to establish their network in the country. India is the second most populated nation across the globe, both in terms of total and diabetic population, after China. It is expected that India may take over China by 2030 both in terms of population and diabetic population.

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Drivers of Indian Diabetes Industry

The Indian diabetes industry is driven by the growing burden of diabetes along with high prevalence of diabetes that is either undiagnosed or lack basic treatment. Government support, innovation, and development of new products, along with research related to the development of artificial pancreas are the key factors driving the growth of the Indian diabetes industry.

Government Support

The impending unmet needs of the growing diabetic population are encouraging the government of India to provide basic needs for diabetic population. National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases and Stroke (NPCDCS) launched in 2010 is one such instance.

Innovation and Development of New Products

The increasing prevalence, health burden as well as treatment cost of chronic diseases such as diabetes have accelerated the country’s interest within the innovative care models that deploy approaches such as community-based care coupled with IT to enhance the prevention of diseases, diagnosis, and treatment.

Development of Artificial Pancreases

Artificial pancreas technology can be stated as the next step in the field of integrating insulin delivery systems and glucose monitors. It is projected to boost the Indian diabetes market as a breakthrough in treating and management of diabetes.

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