By Admin 
Which Country Spends Most On Diabetes: Diabetes mellitus is a chronic metabolic disease and is one of the most common non-communicable diseases in the world. On average, 1 in every 10 adults is affected by it. The number of people suffering from diabetes is continuously increasing, due to which not only is the pressure on the health system increasing, but the economies of the countries are also being affected. A new study has given the figures of how much each country spends on diabetes. Let us tell you about it in detail.
What came out in the research?
This research has been done jointly by a team of experts from IIASA and Vienna University of Economics and Business. The study assessed the economic impact of diabetes in 204 countries between 2020 and 2050. The results are shocking.
Excluding informal care provided by family members, the global cost of diabetes is approximately US$10 trillion, which is about 0.2 percent of the world’s annual GDP. But when informal care is also included, this cost rises to about $152 trillion, or about 1.7 percent of world GDP. This figure is considered very important in case of diseases like diabetes.
How much does it cost in which country?
According to the report, 85 percent to 90 percent of the total economic burden is related to informal care. The reason for this is that the number of patients with diabetes is 30 to 50 times more than the number of deaths. Even though diabetes is more prevalent in low-income countries, America bears the highest economic cost. After this comes India and China. It is estimated that its total impact on India is about 11.4 trillion US dollars. If we talk about America, the cost related to diabetes there has reached 16.5 trillion dollars, whereas the burden on China has been estimated at about 11 trillion dollars.
More burden on rich countries
The research also revealed that a major difference between high-income and low-income countries lies in the distribution of treatment costs and losses related to loss of ability to work. In rich countries, the cost of treatment accounts for about 41 percent of the total economic burden, while in poor countries it is limited to only 14 percent. Michael Kuhn, co-author of the study and acting head of the Economic Frontiers Research Group at IIASA, says that this situation clearly shows that access to better and modern treatment for chronic diseases like diabetes is mainly limited to high-income countries.
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Disclaimer: This information is based on research studies and expert opinion. Do not consider this as a substitute for medical advice. Before adopting any new activity or exercise, please consult your doctor or relevant specialist.
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