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In 2021, the global prevalence rate of diabetes among adults figured at **** percent - about * people aged between 20 and 79 years. In China, the prevalence rate amounted to **** percent, indicating a gradual increase over the recent decade. The world's most populous country had the highest number of diabetics in the world.

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 one, type two, and gestational diabetes. Type two diabetes accounts for the vast majority - around ** percent of diabetes worldwide, affecting young and older adults. Type one, 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 * 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.