Diabetes And Peripheral Artery Disease Are Costly; PAD May Spur Growth In Medical Device Industry

Main Category: Diabetes
Also Included In: Medical Devices / Diagnostics;  Vascular
Article Date: 25 Oct 2010 - 1:00 PDT



Current ratings for:
'Diabetes And Peripheral Artery Disease Are Costly; PAD May Spur Growth In Medical Device Industry'

Patient / Public:5 stars

5 (1 votes)

Healthcare Prof:4 stars

4 (1 votes)

Article opinions: 1 posts

Diabetes and peripheral artery disease cost billions each year in medical expenses.

USA Today: Diabetes cases in the U.S. are expected to double or triple by 2050, according to a new report by the Centers for Disease Control and Prevention. The report, published in the journal Population Health Metrics, says that "one in 10 U.S. adults have diabetes now. The prevalence is expected to rise sharply over the next 40 years with as many as one in three having the disease, primarily type 2 diabetes." Experts attribute the rise to early diagnosis, people living longer with diabetes, and "growing populations of minority groups such as African Americans and Hispanics, who are more at risk for the disease. But an increasing number of overweight Americans also is fueling the stark predictions for diabetes, which should be taken seriously, Albright says." The current cost of diabetes is estimated by the CDC to be at $174 billion annually, "$116 billion of which is in direct medical costs." That expense may double in the next 20 years, according to David Kendall, chief scientific and medical officer of the American Diabetes Association. Health experts say better school meal options and physical education programs should be a priority (Marcus, 10/22).

The (Minneapolis) Star Tribune: "Heart attacks below the belt," also known as peripheral artery disease (PAD), account for $21 billion a year in hospitalizations, according to a recent University of Minnesota study funded by drugmakers Sanofi-Aventis and Bristol-Myers Squibb. "More than 8 million Americans suffer from PAD -- a number that's expected to rise as baby boomers age. ... Treatments range from drugs to surgery to stents that prop open clogged arteries, as well as lasers and drills that bust up hardened plaque." Given the complex nature of PAD treatment, the market for related medical technology is estimated at $3.4 billion, according to an industry analyst - "one of the most-promising in medical technology." Companies are scrambling "to prove their product is the best treatment in the wake of escalating health care costs and the advent of health care reform, which calls for more comparative-effectiveness research" (Moore, 10/21).

This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org.

© Henry J. Kaiser Family Foundation. All rights reserved.



Article adapted by Medical News Today from original press release.
Visit our diabetes section for the latest news on this subject.
There are no references listed for this article.
Please use one of the following formats to cite this article in your essay, paper or report:

MLA
Kaiser. "Diabetes And Peripheral Artery Disease Are Costly; PAD May Spur Growth In Medical Device Industry." Medical News Today. MediLexicon, Intl., 25 Oct. 2010. Web.
25 May. 2012. <http://www.medicalnewstoday.com/releases/205630.php>
APA
Kaiser. (2010, October 25). "Diabetes And Peripheral Artery Disease Are Costly; PAD May Spur Growth In Medical Device Industry." Medical News Today. Retrieved from
http://www.medicalnewstoday.com/releases/205630.php.

Please note: If no author information is provided, the source is cited instead.


Visitor Opinions (latest shown first)

I was told that i was type 2 diabetic in 2003

posted by daniel john carlos on 2 Mar 2012 at 3:25 pm

1 was told that i was type 2 diabetic in 2003, i worked on roofs for nearly 40 years but i was a heavy smoker, I have had stent work done on my legs but dose not seemed to have helped ,I also had a endartpy on my stomach, next i am having work done on my caroids.

| post followup | alert a moderator |


Add Your Opinion On This Article

'Diabetes And Peripheral Artery Disease Are Costly; PAD May Spur Growth In Medical Device Industry'

Please note that we publish your name, but we do not publish your email address. It is only used to let you know when your message is published. We do not use it for any other purpose. Please see our privacy policy for more information.

If you write about specific medications or operations, please do not name health care professionals by name.

All opinions are moderated before being included (to stop spam)

Your Name:*
E-mail Address:*
Your Opinion Title:*
Opinion:*
This is to help prevent SPAM submissions. Please enter the words exactly as they appear, including capital letters and punctuation.*

* Fields marked with a * need to be filled in before you hit the submit button.

Contact Our News Editors

For any corrections of factual information, or to contact the editors please use our feedback form.

Please send any medical news or health news press releases to:

Note: Any medical information published on this website is not intended as a substitute for informed medical advice and you should not take any action before consulting with a health care professional. For more information, please read our terms and conditions.




Diabetes

What is Diabetes?

Diabetes (diabetes mellitus) is classed as a metabolism disorder. Metabolism refers to the way our bodies use digested food for energy and growth. Most of what we eat is broken down into glucose. Glucose is a form of sugar in the blood... Read more...

Most Popular Articles



Follow Our Diabetes News On Twitter

Follow Us On Twitter
Get the latest news for this category delivered straight to your Twitter account. Simply visit our Diabetes Twitter account and select the 'follow' option.



View list of all 'What Is...' articles »