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China Antidiabetic Drug Market 2014 Analysis & 2018 Forecasts
Date:12/23/2013

DALLAS, Dec. 23, 2013 /PRNewswire-iReach/ -- ChinaMarketResearchReports.com adds Research Report on Research Report on China Antidiabetic Drug Market, 2014-2018 to its store that says in 2013, the revenue of global diabetes treatment market exceeded USD 40 billion. The CAGR is expected to be 5% or more in next few years.

(Photo: http://photos.prnewswire.com/prnh/20131223/MN37633)

In 2013, the diabetes prevalence rate of grown-ups aged in 20 to 79 was 8.3% in the globe. The number of sufferers reached 382 million. 80% of the patients live in low to medium income countries. Meanwhile, the number of sufferers in these countries in increasing. The number of global diabetes sufferers is expected to be 592 million by 2035. In the current sufferer group, about 175 million people (46%) are not diagnosed or treated. In 2013, the global IGT prevalence rate was 6.9% and the number of sufferers was 316 million. The number is expected to be 474 million by 2035.

In 2013, there were 5.1 million people died from diseases related to diabetes, accounting for 8.4% of the total death number in the globe. The expenditure on diabetes reached USD 548 billion in the world, accounting for 11% of global medical treatment expenditure. The expenditure on diabetes related medical treatment will be USD 627.3 billion by 2035. Diabetes is growing prevalent in China and other developing countries, which is a heavy burden to the society and economy.

In 2013, the revenue of global diabetes treatment market exceeded USD 40 billion. The CAGR is expected to be 5% or more in next few years.

As China's society is further aging and obesity caused by improved living level and unhealthy lifestyle is increasing, the prevention and cure to diabetes become more difficult. The prevalence rate of diabetes in China'/>"/>

SOURCE China Market Research Reports
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