Diabetes prevalence in adults in China 2011-2045
Who is suffering from diabetes?
Diabetes although a common enough ailment, is far more notorious than one would choose to believe. Affecting a rather large portion of the global population, the disease does not discriminate between the young or old. The main categories of diabetes include type 1, type 2, and gestational diabetes. Type 2 diabetes accounts for the vast majority - around 90 percent of diabetes worldwide, affecting young and older adults. Type 1, on the other hand, is primarily found in children owing to genetics, a family history of diabetes or other external factors.
How is diabetes affecting the Red Dragon?
The economic loss from diabetes is significant. It is now among the top ten leading causes of death worldwide and was estimated to cause about 1.4 million deaths in China in 2021. Between 2015 and 2019, China spent a double more on diabetes-related healthcare. Besides, the prevalence of prediabetes is also alarming. On par with an increasing prevalence rate of diabetes among adults, the average spending per patient for treatment has also been climbing, though still far lower than that in other strong economies. This could mean a huge market potential for diabetes medication and devices in China, especially when the government has planned to raise the public awareness of diabetes, along with national health spending.