(Press-News.org) Research presented today at the European Congress on Osteoporosis & Osteoarthritis by investigators from the UK and Sweden estimates that the economic burden of fragility fractures in five major European countries totals 31 billion Euro, with Germany bearing the highest costs. A majority of the economic burden is shown to be related to the costs incurred during the 1st year after the fracture, while pharmacological prevention and treatment management constitutes only a marginal share of the total economic cost.
Hip fractures contributed 56% to the overall costs, vertebral fractures 5%, wrist fractures 2% and a combined group of "other" fractures represented 37% of the total. Costs in Germany totaled 9.37 billion Euro, followed by Italy at 6.7 and the UK at 5.8 billion Euro.
The total annual economic burden of all fragility fractures in the six countries studied was found to be 31 billion Euro.
IOF President John Kanis, co-author of the study, stated, "Fragility fractures due to osteoporosis cause pain and disability, often having a severe impact on the quality of life of millions of Europeans. This important study reveals the enormous economic cost of fragility fractures. Prevention of fractures through early risk assessment and identification of those in need of treatment is the key to reducing the costs to national health care systems throughout Europe."
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The European Congress on Osteoporosis & Osteoarthritis (ECCEO11-IOF) is currently taking place in Valencia, Spain and continues to March 26th.
Abstract 0C1: The Burden of Fractures in France, Germany, Italy, Spain, Sweden, and the UK. O. Ström et al. Osteoporosis International. DOI 10.1007/s00198-011-1554-9
ABOUT IOF
The International Osteoporosis Foundation (IOF) is a nongovernmental umbrella organization dedicated to the worldwide fight against osteoporosis, the disease known as "the silent epidemic". IOF's members – committees of scientific researchers, patient, medical and research societies and industry representatives from around the world – share a common vision of a world without osteoporotic fractures. IOF now represents 196 societies in 92 locations. http://www.iofbonehealth.org
ABOUT ESCEO
The European Society for Clinical and Economic Aspects of Osteoporosis and Osteoarthritis (ESCEO) is a non-profit organization, dedicated to a close interaction between clinical scientists dealing with rheumatic disorders, pharmaceutical industry developing new compounds in this field, regulators responsible for the registration of such drugs and health policy makers, to integrate the management of osteoporosis and osteoarthritis within the comprehensive perspective of health resources utilization. The objective of ESCEO is to provide practitioners with the latest clinical and economic information, allowing them to organize their daily practice, in an evidence-based medicine perspective, with a cost-conscious perception. http://www.esceo.org
New study quantifies total costs of fragility fractures in 6 major European countries
In France, Germany, Italy, Spain, Sweden and the UK alone, total cost of fragility fractures is 31 billion Euro per year
2011-03-25
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[Press-News.org] New study quantifies total costs of fragility fractures in 6 major European countriesIn France, Germany, Italy, Spain, Sweden and the UK alone, total cost of fragility fractures is 31 billion Euro per year