“Happy News” About Asian Diabetes Epidemic
The firm Frost & Sullivan (which researches and analyzes new market opportunities for corporate growth), has some “happy news” about the diabetes epidemic: this escalating health crisis is creating a huge demand for glucose meters and strips in Asia.
Isn’t that exciting news… Companies that sell glucose meters and diabetic strips can be “happy” to profit from this serious health epidemic.
A report by Frost & Sullivan announced that sales of meters and strips exceeded $100 million last year in the Asia Pacific region. And the future is even “brighter”, as there is still lots of opportunity for growth… because there are such low levels of patient awareness in developing nations, about the importance of monitoring glucose levels.
I know, I know… Monitoring your blood sugar levels is a good thing if you’re diabetic…
Still, it’s just so incredibly frustrating to see companies so gleefully profiting hundreds of millions of dollars from this diabetes epidemic, instead of educating the public about solving the root problem that causes diabetes in the first place.
But that wouldn’t be “happy news” for Big Pharma’s outrageous profit margins… Forgive me if I sound just a little bit jaded.