Global healthcare expenditure due to diabetes in 2007, 2021, 2030, and 2045
Between 2021 and 2045 the global expenditures for diabetes treatment is expected to grow from 966 billion U.S. dollars to just over one trillion U.S. dollars. Diabetes can have life-threatening cardiovascular, renal and nervous system consequences when left untreated. Diabetes is one of the leading causes of death worldwide.
Diabetes overview
Diabetes is a chronic illness that affects the pancreas’s ability to produce insulin or how the body uses insulin. Insulin is a hormone that acts on blood glucose levels. There are several types of diabetes including type I, type II and gestational diabetes. Diabetes can be treated through daily insulin injections and/or oral medication. Diagnosis and monitoring of diabetes can be done through blood glucose monitoring. Recent studies indicate that among all regions, Africa and the Western Pacific have the highest percentages of undiagnosed diabetes globally.
Diabetes health care costs
Among all countries worldwide, the United States and China have some of the highest diabetes medical expenditures. When compared to one another, the United States had diabetes health care expenditures over two times higher than China in 2021. Unsurprisingly, the United States is also the country with the highest spending per patient. However, Switzerland has the second highest health care expenditures per diabetic patient as of 2021.
Diabetes overview
Diabetes is a chronic illness that affects the pancreas’s ability to produce insulin or how the body uses insulin. Insulin is a hormone that acts on blood glucose levels. There are several types of diabetes including type I, type II and gestational diabetes. Diabetes can be treated through daily insulin injections and/or oral medication. Diagnosis and monitoring of diabetes can be done through blood glucose monitoring. Recent studies indicate that among all regions, Africa and the Western Pacific have the highest percentages of undiagnosed diabetes globally.
Diabetes health care costs
Among all countries worldwide, the United States and China have some of the highest diabetes medical expenditures. When compared to one another, the United States had diabetes health care expenditures over two times higher than China in 2021. Unsurprisingly, the United States is also the country with the highest spending per patient. However, Switzerland has the second highest health care expenditures per diabetic patient as of 2021.
