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Diabetes Prevalence in Australia
Type 1 diabetes prevalence in children in Australia was ranked 7th in the world, and the incidence was ranked sixth. In Australia, the prevalence of diabetes, primarily Type 2 diabetes, is growing, as is the number of children and adolescents affected by the disease. Type 1 diabetes affects children at a young age and is the most common form of childhood diabetes, but it can affect anyone at any age. Diabetes has been diagnosed in over 1 million Australians. Australia lags behind many Western countries in offering reliable access to modern, validated technologies such as continuous glucose monitoring (CGM) and insulin pen, which can dramatically enhance diabetes management.
Initiatives by the Australian Government
The government plays a significant role in assuring that people with diabetes have access to affordable, high-quality equipment and services to help in self-management and care. The National Diabetes Services Plan, the Prescription Benefits Scheme, the Insulin Pump Program, and Medicare are all initiatives administered by the Australian government to assist people with diabetes. Semglee, the first insulin PBS in Australia, was introduced in 2019 by Biocon and Mylan N V. It is a biosimilar to insulin glargine. TAL, a leading Australian life insurance specialist, has launched a specialized policy in Australia to protect people with diabetes mellitus.
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By SMBG Market: This research report covers the market of Test Strips, Lancet, Meter, Blood Glucose Device Users & Reimbursement.
By CGM Market: The market of Components, Glucose Sensor, Transmitter, CGM User, and Reimbursement are covered in this research report.
By Insulin Pump: This research report covers the Users, Market & Differentiation Points of Insulin Pump Products, Training Model for Patients & HCP, Reimbursement Policies in this report.
By Insulin Pen: The User, Types – Insulin Pen Needle Market, Disposable, Reusable and Smart Insulin Pen, Reimbursement Policies are covered in this research report.
By Company Analysis: Company Overview, Products/Initiatives and Financial Insight of (B. Braun Melsungen AG, Artsana S.p.A, Medtronic, Owen Mumford Ltd, Roche, Eli Lilly and Company, Ypsomed AG, BD, Novo Nordisk A/S, Insulet Corporation, LifeScan Inc., Dexcom Inc, & Abbott Laboratories) are given in this research report.
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