Diabetes is a huge threat to the world's health. More than 330 million people around the world are estimated to have suffered from the disease in 2011, and more than 550 million are expected to suffer from it by 2030. However, where there's a big problem, big pharma has a big solution. For Merck (NYSE: MRK ) , Sanofi (NYSE: SNY ) , and Novo Nordisk (NYSE: NVO ) , treating diabetes has become a cash-generating windfall.
These three companies boast three of the top drugs for treating diabetes around the world, from Merck's strong Januvia to Sanofi's timeless Lantus. However, patent expirations and tough competition are making the diabetes field as competitive a market as any in big pharma. How will these three giants fare in the next 10 years for treating the world's fastest-growing health crisis?
In the video below, Fool contributor Dan Carroll tells you how these three big pharma kings dominate diabetes treatment -- and how they're poised to continue their reigns for another decade to come.
How you can find health care's next star stock
How can you unearth the next breakout health care company that will light up Wall Street and deliver a windfall for investors? Look for companies that shun the status quo and instead discover revolutionary, groundbreaking health care technologies. In The Motley Fool's brand-new FREE report "2 Game-Changing Biotechs Revolutionizing the Way We Treat Cancer," find out about a new technology that big pharma is endorsing through partnerships, and the two companies that are set to profit from this emerging drug class. Click here to get your copy today.