Despite their popularity, dietary supplements are still somewhat overlooked by health care professionals as a vital part of preventive care. This gives supplement suppliers a great market niche to begin or grow their business, especially now. A recent economic report by Frost & Sullivan, a global business consulting firm that offers market research and analysis, brings forth evidence in support of the health and economic benefits of regular supplement intake.
The report, “Smart Prevention – Health Care Cost Savings Resulting from the Targeted Use of Dietary Supplements,” reveals that costly chronic disease treatment can be cut down significantly by certain dietary supplements. As a direct result, hospitalization costs will also be reduced, especially regarding patients with heart disease, diabetes, osteoporosis, and age-related eye disease.
Diatary Supplements for Smart Prevention / Originally pinned by crnusa.org on Pinterest
According to the study, dietary supplementation regimens are a great means to control the rising costs of health care in the U.S. The financial benefits will be especially relevant to high-risk patients. They can minimize the chances of potentially costly complications by investing in the right dietary supplements.
What’s more, to further emphasize the dire need for more preventive care, the Centers for Disease Control and Prevention points out that 75% of health care funds are used for the treatment of chronic disease. Only 3% is spent on prevention.
Naturally, this reasonable question arises: If Americans who are over 55 and at risk for certain diseases took recommended supplements, how much money could be saved? Read on below to see the answer in our summary of the report’s results.
The main points of the report:
The findings of the study provide data about several major diseases: coronary heart disease (CHD), Diabetes-attributed CHD, age-related eye disease (ARED), and osteoporosis. For each disease the authors recommend specific dietary supplements, available on the market.
Coronary Heart Disease (CHD)
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CHD is partially preventable, because it’s determined by personal lifestyle choices. Poor diet and physical inactivity along with heavy alcohol consumption and regular smoking, are the main causes of CHD. High blood pressure and high LDL (“bad”) cholesterol often lead to CHD-related problems, hospitalization and even death.
- From 2013 to 2020, close to 138,000 health emergencies per year could be avoided, or a total of 1.1 million.
- The monetary equivalent: $2.06 billion per year, or $16.46 billion in seven years, saved from hospital expenditures.
- Supplements: Omega-3 fatty acids. If used daily, they could reduce the risk of CHD complications by 7%.
- Daily intake of three B Vitamins: Folic Acid, B6, and B12.
- Dosage: For Folic Acid, B6, and B12 are 400 mcg, approximately 2 mg, and 2.4 mcg, respectively.
Diabetes-Attributed CHD
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Type 2 diabetes is the most common form of diabetes in the U.S.Over 90% of all diabetes patients suffer from type 2.
- In 2012: The total health care cost of diabetes was about $245 billion. Nearly 60% of total expenditures were related to hospitalization.
- 17 million adults over the age of 55 suffered from the disease.
- Supplement: Chromium, which is vital for enhancing insulin activity. The most common form is Picolinate, because of its higher bioavailability.
- Dosage: For women over fifty, 20 mcg per day; for men over fifty, 30 mcg.
Age-Related Eye Disease (ARED)
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ARED affects a large percentage of the country’s elderly population. It refers to age-related macular degeneration (AMD) and cataracts.
- In 2012: The treatment of AMD and cataracts among adults over the age of 55, reached almost $17 billion.
- 25 million Americans suffered from cataract, and close to 4 million had eye surgery or other direct hospitalization services to treat the condition.
- Supplements: Lutein and Zeaxanthin protect the retina from oxidative damage caused by light.
- Dosage: Daily intake of Lutein – 10 mg; Zeaxanthin – 2 mg per day.
Osteoporosis
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Osteoporosis is the most wide spread bone disease in the United States. The direct yearly health costs usually come to $14 billion, mostly because of fractures.
- From 2013 to 2020: $851 million per year and $6.8 billion spent cumulatively in avoidable hospital utilization costs for women over the age of 55.
- Money: $2 billion per year could be saved from potential hospital costs if supplements are used as preventive care.
- Supplements: A combination of Calcium and Vitamin D, and Magnesium.
- Dosage: Recommended dietary allowances for women 51-70 years of age are 1200 mg of Calcium and 600 IU of Vitamin D per day. The UL for Calcium for adults over 50 years of age is 2000 mg. Women over the age of 55 with osteoporosis should take Magnesium supplements at the preventive intake level of 100 mg per day.
The effects of these dietary supplements on common diseases are nothing new to the industry. Such conclusive monetary data, however, is an important selling tool, because wholesalers and retailers can rely on the report to further educate their clients.
This authoritative research is a rare opportunity for you to respond properly to the needs of so many potential clients out there. It can be used as a wholesale marketing tool for some very specific supplements discussed in the study. Also, it can help retailers cater to the needs of their customers by having a more educated and convincing approach. As a whole, the report is definitely a great source to capitalize on and promote the benefits of dietary supplements on a larger scale. Established and budding businesses alike can surely expand by using the finding of the report.
Let Private Label Supplement be your loyal partner in this expansion and help you achieve your goals! We can help you solidify your positions on the market by answering all of your needs. Being your partner, we want to see you expand and succeed; we want to walk along with you and be there to witness the growth of your business.
Our high quality Private Label Supplements will guarantee your success. Check your supplies and call our Sales Manager Sarah at 855-209-0225 ext. 1010 or email her at sarah@privatelabelsupplement.com. Stock up on some of the most needed dietary supplements and be on top of your game! We are waiting for your call!
All my best,
Stefani Thionnet
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