May 04, 2004Abbott Labs Awaits Approval For Nonstop Glucose MonitorMeasuring the level of glucose in the blood is a daily chore for the estimated 13 million people in the U.S. diagnosed with diabetes, one that involves pricking the skin and drawing blood. It's also a good-sized business: Glucose monitors ring up more than $5 billion in sales world-wide annually, and the market is forecast to grow 10% to 12% annually.Posted by Bob King at May 4, 2004 08:58 AM | TrackBack Related Categories: Industry - Healthcare | Industry - Pharmaceutical/Biotech | Quadrant - Technological | Theme - 'Obesity Epidemic'
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