Category: Analysis
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Post-Marketing Surveillance in the pharmaceutical industry of Korea
In the pharmaceutical industry of Korea, ‘re-examination’ is a system that re-evaluates the safety and efficacy of new drugs or drugs equivalent to new drugs by investigating and verifying adverse events that did not appear during the approval process, within the re-examination period from the initial approval date. ‘Post-marketing study’ refers to studies such as…
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The continuous glucose monitor (CGM) market
CGMs are wearable devices that continuously monitor glucose levels in people with diabetes. They are often used by people with type 1 diabetes who require insulin therapy, but they are also increasingly being used by people with type 2 diabetes. Here are some key trends and factors driving growth in the CGM market: Some key…
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The continuous glucose monitor (CGM) market in Korea
Firstly, CGMs are becoming increasingly popular in Korea due to the rising incidence of diabetes. According to the International Diabetes Federation, there were an estimated 5.8 million people with diabetes in Korea in 2021, accounting for approximately 10% of the adult population. As a result, there is a growing need for diabetes management tools, including…