Diabetes is a major public health burden accounting for 10% of global health expenditure. In Europe, there are 60m people with diabetes, resulting in €90B in direct costs for treatments and hospital stays.
To minimize healthcare costs, effective management of diabetes is essential, relying on the monitoring of blood glucose (BG) concentration several times a day.
Traditional finger-prick glucometers or BGMs are burdensome for the patients who are poorly compliant vs the number of tests they are supposed to do each day. If BGMs is still the main tool to check its Glucose, Continuous Glucose Monitors (CGM) are offering a much better alternative, reducing the pain, proposing a curve to better understand its glucose evolution. Despite a recent massive adoption (4m users end 2020 with 50% annual growth), major pain points remain: pain at installation, issue with the adhesive, stigmatisation of the patch which is visible, cost of the solution.
The objective of K’Watch Glucose is to provide to diabetes patients a CGM which would solve these pain points: painless, no adhesive issue, discreet and affordable.