In 2021, almost 12 thousand U.S. dollars were spent per diabetic patient in the United States, making it the country with the highest average cost per person. Switzerland and Norway stood in second and third place, respectively, each spending over nine thousand U.S. dollars per patient.
Lowest spending countries
When viewing diabetes-related costs worldwide, it becomes apparent that there are significant disparities between countries. The ten countries with the lowest average annual diabetes-related health expenditures per person were all African and Asian countries. The Democratic Republic of the Congo stood at the top of the list in 2021, with an average spending of about 156 U.S. dollars per person. Other countries on this list included Bangladesh, Papua New Guinea, and the Soloman Islands.
Anti-diabetic revenue
Revenue generated by anti-diabetic products has increased as the number of diabetcis worldwide has risen. The largest pharmaceutical company, in terms of global anti-diabetic revenue, was Novo Nordisk in 2017. The company earned roughly 13.7 million U.S. dollars that year and is projected to generate about 21 million U.S. dollars in 2024.
Leading 10 countries with highest spending per patient with diabetes in 2021
(in U.S. dollars)
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International Diabetes Federation. (November 11, 2021). Leading 10 countries with highest spending per patient with diabetes in 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/
International Diabetes Federation. "Leading 10 countries with highest spending per patient with diabetes in 2021 (in U.S. dollars)." Chart. November 11, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/
International Diabetes Federation. (2021). Leading 10 countries with highest spending per patient with diabetes in 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/
International Diabetes Federation. "Leading 10 Countries with Highest Spending per Patient with Diabetes in 2021 (in U.S. Dollars)." Statista, Statista Inc., 11 Nov 2021, https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/
International Diabetes Federation, Leading 10 countries with highest spending per patient with diabetes in 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/ (last visited November 18, 2024)
Leading 10 countries with highest spending per patient with diabetes in 2021 (in U.S. dollars) [Graph], International Diabetes Federation, November 11, 2021. [Online]. Available: https://www.statista.com/statistics/374446/highest-average-worldwide-cost-per-diabetes-patient-by-country/