Efforts to control diabetes are more effective when patients have a detailed understanding of their blood-sugar levels in real time, which is why medical device companies like Medtronic and Abbott Laboratories are trumpeting benefits of their newest continuous glucose monitoring (CGM) systems.
Abbott said its FreeStyle Libre system can help patients reliably control their blood sugar at a lower cost than with "finger-stick" devices, while Medtronic said its new Sugar.IQ app and Guardian Connect sensor can generate predictive alerts up to an hour in advance of glucose problems using artificial intelligence.
Both systems are newly approved; Medtronic just started shipping its stand-alone system this month.
The companies presented their latest clinical and real-world data on CGM systems during the American Diabetes Association (ADA) annual meeting, which is taking place through Tuesday in Orlando.
Diabetes has quickly become the most expensive chronic health condition in the United States, accounting for $237 billion in direct medical costs last year and another $90 billion in lost productivity, according to a study prepared under the direction of the ADA.
As many as 25 million Americans have been diagnosed with diabetes, with more than 700,000 new cases appearing each year. Although diabetes can be controlled through changes in diet and exercise, many diabetics eventually end up taking prescription drugs and using medical devices to treat the condition.
The market for stand-alone CGM systems today stands at more than $1 billion in global sales and is growing at least 30 percent a year, Medtronic officials said.
Diabetes is a condition in which a person's body does not correctly use the sugars in his or her blood needed for energy, leading to a range of short-term and long-range problems. Many diabetics control their blood-sugar levels with multiple daily injections of insulin, the hormone that the body normally produces to break down blood sugars.