Report: One in 10 adults worldwide will have diabetes by 2030
(Ref: Marketwire, RTE News, CTV News, IDF, Xinhua, Stock Markets Review, MarketWatch, Bloomberg, Yahoo!Health, Washington Examiner, BusinessWeek)November 14th, 2011
By: Lianne Dane
TagIn a report released Monday, the International Diabetes Federation (IDF) said that one in 10 adults will develop diabetes by 2030 unless action is taken to curb the epidemic. According to the report, approximately 552 million people will have diabetes by 2030, up from about 366 million now, based on an aging population, an uptick in obesity and other demographic changes. Moreover, as many as 183 million people currently have the condition and have not yet been diagnosed.Sales of diabetes therapies climbed 12 percent last year to approximately $34 billion, but reports suggest that this figure could rise to as much as $48 billion by 2015, driven by increased demand for treatment in countries such as China, India, Mexico and Brazil. Diabetes drugs are currently the fourth-biggest therapeutic class by sales worldwide, behind medicines for cancer, cholesterol, and respiratory disorders.According to the IDF report, China continues to have the highest global diabetes figure with 90 million people living with the condition, followed by India with 61.3 million cases. In North America and the Caribbean, new data indicate that approximately 37.7 million people currently have diabetes, a figure that is expected to increase by more than a third by 2030. The IDF also estimates that 52.8 million adults in Europe will have diabetes by the end of the year and approximately 64.2 million will have the disease by 2030. According to the report, Europe accounts for one third of the total global spending on diabetes care.However, the World Health Organization noted that more than 80 percent of deaths from diabetes occur in developing countries and the agency projects diabetes deaths will double by 2030. Commenting on the IDF's report, the WHO said the predictions were possible, with Gojka Roglic, head of the organisation's diabetes unit noting that "it's a credible figure. But whether or not it's correct, we can't say."
November 15, 2011