Healthcare Magazine February 2018 | Page 26

MEDICAL DEVICES

PROFESSOR WERNER MÄNTELE has considerable experience as a physicist and a physical chemist , and is now Head of Research and Development for DiaMonTech , which has developed technology to revolutionise monitoring glucose levels for diabetics , using molecular spectroscopy – the study of the absorption of light by molecules .
Mäntele has a broad history in analytics and medical issues , in particular molecular analytics . For the past 40 years there has been work on molecular spectroscopy , which he is now using to benefit diabetes patients by offering a non-invasive way to keep track of glucose levels . Diabetes is not only becoming a wider issue among the world ’ s population , but billions every year are being spent on controlling the disease .
Diabetes : A growing industry According to a study by BCC Research , the global market for diabetes therapeutics and diagnostics was valued at $ 110bn in 2011 and was set to reach $ 118.7bn the following year . 2017 ’ s market value was expected to reach nearly $ 157bn after increasing at a five-year CAGR
DiaMonTech products
26 February 2018