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Diabetes Stocks in Market
Diabetes is expected to dramatically accelerate its prevalence in the US population in the next five decades. There are many factors which are associated with this expected increase. We will discuss obesity first off. Obesity is strongly connected to the development of Type 2 diabetes. The National Health and Nutrition Examination Survey (NHANES) 1999-2002 noticed that 65% of Americans are "overweight" with a Body Mass Index (BMI) of 25.0 or more. 31% of Americans have been identified as morbidly obese with a BMI of 30.0 or greater. Furthermore, a concerning trend has recently been identified as nearly 16% of young people are considered overweight and an additional 15% are at possibility of becoming overweight. This statistic has augmented nearly 200% since 1980! The trend is clear... Americans are getting fatter. As our obesity rates increase, the prevalence of diabetes will too.
A supplementary factor fueling the increase of diabetes in the United States is the quick growth of the Hispanic section of our population. Of those people who are stricken with diabetes, Latino Americans are for the most part at risk as they show a very high prevalence of the illness. Hispanics are now the largest and fastest growing minority in the United States according to the most recent U.S. census data. Couple this fact with the pronouncement that Mexican-American children and teenagers are more than two times as likely as non-Hispanic whites to be overweight and you have a recipe for augmented diabetes development. As the Latino presence in the U.S. keeps on growing, the prevalence of diabetes will keep growing.
The treatment of diabetes and its connected complications have turned out to be big business in the United States. Medical expenditures for diabetic patients are 2.4 times higher than those of non-diabetic patients. Healthcare costs which are related to the treatment of diabetes are estimated to grow to $156 billion by the year 2010. This estimate is close to $200 billion by the year 2020. The kicker is that those numbers don't even adjust for inflation!
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