More news: Health / Surgery
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

 Lutein & Zeaxanthin Supplementation Could Save EU Billions in Healthcare Costs Associated with Age-related Macular Degeneration Says Frost & Sullivan - Costs associated with age-related macular degeneration could be avoided through more widespread lutein & zeaxanthin supplementation, says Frost & Sullivan - Frost.com
Lutein & Zeaxanthin Supplementation Could Save EU Billions in Healthcare Costs Associated with Age-related Macular Degeneration Says Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2017/10/12 - Costs associated with age-related macular degeneration could be avoided through more widespread lutein & zeaxanthin supplementation, says Frost & Sullivan - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Health / Surgery Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

A new study produced by Frost & Sullivan has found that savings of €6.20 billion ($7.33 billion) a year could be generated through the daily consumption of 10 mg of lutein and 2 mg of zeaxanthin by millions of adults aged 50 and older in the EU with age-related macular degeneration (AMD).

AMD is a progressive degenerative eye disease and a major cause of vision loss among older Europeans. AMD, which inhibits the ability to see objects directly ahead, can cause irreversible and progressive decline in an individual’s independence and ability to perform daily activities. Across the EU, 17.1 million people are living with AMD, of which 2.5 million cases are the more costly severe/late stage AMD.

Frost & Sullivan’s Visionary Science team has calculated the economic burden of addressing cases of AMD among this population and discovered that the total cost of managing the consequences of severe/late stage AMD in the EU is expected to be € 89.46 billion per year. This cost includes the direct costs of treating and managing AMD and the indirect costs related to long-term care. This translates to an annual cost of a transition from mild to severe AMD of € 34,805 per transition in the EU.

Christopher J. Shanahan, Global Director at Frost & Sullivan, said: “Following an analysis of the available science, Frost & Sullivan’s research team concluded that consumption of 10 mg of lutein and 2 mg of zeaxanthin a day by EU adults aged 50 and older with mild AMD would cut their risk of experiencing a transition to the more severe and costly late stage AMD by 7.0%. In turn, this would result in net cost savings of €4.97 billion ($5.87 billion) a year and highly positive benefit/cost ratios for each of the EU member states.”

Prof. Jean-François Korobelnik, Head of the Ophthalmology Department, University Hospital of Bordeaux, added: “In a perfect world, if adults aged 50 or older with no age-related macular degeneration or with [mild/intermediate] AMD were to increase their daily lutein and zeaxanthin intake, the prevalence and progression of AMD would reduce, based on the overarching body of scientific evidence. Further, as approved therapies are only available for the severe form of the disease, significant cost savings would result from the reduction of the incidence of advanced [severe] AMD."

It is the fourth study in the space of two years that highlights the potential that exists for generating healthcare cost savings in relation to increased use of food supplements among target populations in the EU. This series of in-depth and rigorous healthcare cost savings reports produced by Frost & Sullivan underscores an important opportunity to enhance the health and well-being of millions of EU citizens, while also making significant cost savings that could ease the enormous financial pressure on healthcare systems.

“Principally, it is increasingly difficult to ignore the fact that supplementation can play a critical role in the future of how healthcare in the EU is funded, resourced, and delivered,” Shanahan stated.

In 2016, Frost & Sullivan reported that €13 billion a year in healthcare cost savings could be generated through daily consumption of 1,000 mg of omega-3 EPA/DHA food supplements.

In February 2017, Frost & Sullivan explored the cost saving benefits of calcium and vitamin D supplementation in the context of avoiding bone fractures among the 27.8 million people in the EU living with osteoporosis. It was found that savings of €3.96 billion a year were achievable. Also in May 2017, it was found that €5.3 billion in health care costs could be saved through the daily use of 1.7 g of phytosterols among those with severe hypercholesterolemia in the EU.

The findings from the most current study are from a new Frost & Sullivan deliverable on the Economic Benefits of Using Lutein and Zeaxanthin Food Supplements in the European Union. The release of the full analysis will coincide with a live briefing focused on this theme, to take place on Thursday, 2nd November 2017 from 15:00 to 16:30h CET.

About Frost & Sullivan

Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Health / Surgery Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Health / Surgery articles,
CATCH Visitors via Your Competitors Announcements!


 Lutein & Zeaxanthin Supplementation Could Save EU Billions in Healthcare Costs Associated with Age-related Macular Degeneration Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Lutein & Zeaxanthin Sup.
Contact: Kristina Menzefricke - Frost.com 
+44(0)20 8996 8589 kristina.menzefricke[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Health / Surgery via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Health / Surgery Most Recent Related Press Releases:

Syapse Awarded 2021 Technology Innovation Leadership Award by Frost & Sullivan for Accelerating Real-world Care Delivery
Lumeon Commended by Frost & Sullivan for Enabling Digital Transformation in Healthcare
Payment Integrity Solutions Enable Healthcare Plans to Optimize Processes and Maximize Returns Finds Frost & Sullivan
Menopause to Become the Next Game-changer in the Global Femtech Solutions Industry by 2025 Finds Frost & Sullivan
Innovative MedTech Business Models Will Enable Cost-effective, Decentralized and Patient-centric Care Finds Frost & Sullivan
Data Monetization a Must for MedTech Industry to Evolve Toward Real-World Evidence and Precision Medicine Finds Frost & Sullivan
InterSystems Partners with Cognetivity on Ground-breaking AI Solution for Early Dementia Detection
Adoption of HaH Model Surged Eight-fold with the Availability of Advanced Remote Monitoring and Digital Health Solutions Finds Frost & Sullivan
Major Innovation Announcement Planned, SC Life Sciences Conference Shatters Registration Record
South Carolina Life Sciences Conference Adds Top Executives from Microsoft, Alphabet, PhRMA

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  Mokuyobi

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  The Franchise Group







 
  ©2021 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today