The global cost of treating dementia staggering | Home Care Assistance The global cost of treating dementia staggering | Home Care Assistance
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The global cost of treating dementia staggering

-Dr.Kathy Johnson, PhD, CMC

The cost of caring for someone with Alzheimer’s is not cheap.  According to the World Alzheimer Report 2010, the global cost of caring for people with dementia would be $604 billion this year.  That is equal to 1% of the world’s gross domestic product (GDP).  The costs are spread out globally, where 70% occur in Western Europe and North America.

According to the Alzheimer Report last year, 35.6 million people in 2010 would be living with dementia globally.  This number is expected to double by 2030 and reach up to 115.4 million in 2050.

Harry Johns, CEO of Alzheimer’s Association, told CNN that the government spends annually $6 billion on cancer research, $4 billion on heart disease research and approximately $3 billion on HIV/AIDS research.  The amount the government spends on Alzheimer’s research is only $469 million per year.  With the findings from the report, the government is being called upon to recognize dementia as a health priority.  If more investment went into Alzheimer’s research then maybe there could be some breakthrough in finding a way to prevent the onset of Alzheimer’s for those millions that will get the disease.

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