$5 Trillion Crisis: New Study Warns Diabetes Will Devastate Global Economy by 2050

Source: International Business Times

A major modelling study warns that diabetes could wipe more than $5 trillion from global economic output by 2050, largely through disability and lost productivity rather than direct medical costs. A new study in Nature Communications has warned that diabetes could wipe more than 5. 177 trillion international dollars from global economic output between 2021 and 2050 across 190 countries and territories, turning a chronic health condition into a sprawling long term threat to growth, work and public finances.