Dementia to cost world $1 trillion

THE rising cost of Alzheimer's disease and dementia is set to reach $1.4 trillion by 2018, a global study has found.

A report from Alzheimer's Disease International released on Tuesday showed the number of people living with dementia globally was set to almost double every 20 years.

The report said there were 46.8 million dementia sufferers around the world and that figure would rise to 74.7 million by 2030 - twice the level of 2010.

It showed the costs of caring for dementia patients, and lost economic activity, already amounted to $1.1 trillion this year - a 35% increase since 2010.

It also showed some 58% of those living with dementia were in low and middle-income countries, which had less capacity to manage the costs of the disease.



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