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Chronic Disease Projected to Become More Prevalent: Prevalence of diabetes is projected to nearly double 2000-2030

PhRMA. The Value of Medicines: Facts and figures 2006; 2006. http://innovation.org/documents/Value%20of%20Medicine%20FINAL%200712061.pdf

Reference

Title
The Value of Medicines: Facts and figures 2006
Publication Date
2006
Authors
PhRMA
URL
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Categories

  • Cost of Disease
  • Future Human Burden

Related Facts

  • Type 2 diabetes mellitus affects more than 7% of adults in the US and leads to substantial personal and economic burden.  
  • In 2012, the total cost of diabetes was $245 billion–$176 billion in medical costs and $69 billion in lost productivity.  
  • The per capita annual cost of health care for a diabetic increased from $10,071 in 1997 to $13,243 in 2002–an increase of more than 30%.  
  • The average number of diabetes medications used per patient increased from 1.14 in 1994 to 1.63 in 2007.  
  • A person with diabetes can expect to lose more than $160,000 over his or her working life, compared to a peer without the disease.