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canadian diabetes care devices market projected to reach 296 billion by 2033
The Canadian diabetes care devices market is projected to grow from USD 1.84 billion in 2023 to USD 2.96 billion by 2033, driven by a rising diabetic population and increased awareness of diabetes management. Key segments include blood glucose monitoring systems and mobile diabetes management applications, with hospitals and specialty clinics leading in market share. Challenges such as high costs and adverse effects of devices may hinder adoption in some regions.
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