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Wednesday, May 25, 2011

Economic Impact of Dementia in the USA and Asia.



Worldwide Cost Estimate For Alzheimer's And Dementia Is US$315.4 Billion,

Medical News Today,

Article Date: 25 Mar 2009.

....
According to research conducted by Wimo and colleagues, the total worldwide societal cost of dementia is estimated to be US$315.4 billion in 2005, including US$105 billion for informal care, which is nonprofessional care, usually provided by family members (37 percent of the total). Seventy-seven (77) percent of the total costs occur in the more developed regions that have 46 percent of the prevalence. Worldwide prevalence may quadruple to nearly 120 million by 2050, according to Wimo.

The 2005 prevalence estimate for Singapore was 22,000 people with dementia. Indonesia, 600,000; Malaysia, 60,000; Myanmar, 130,000; Philippines, 175,000; Thailand, 250,000; Viet Nam, 275,000.

The estimate for total societal cost of dementia (direct costs plus informal care) in 2005 for Singapore was US$391 million. Indonesia, US$2,128 million; Malaysia, US$511 million; Myanmar, US$118 million; Philippines, US$601 million; Thailand, US$1,330 million; Viet Nam, US$751 million. At the ADI conference, Wimo will present additional regional and country specific cost estimates, alternative cost estimates of informal care, and new cost estimates for Europe from the Eurocode project.

"Worldwide costs for dementia are enormous," Wimo says. "In light of the rapidly growing future prevalence estimates, in particular in less developed regions, the economic impact of dementia is a great challenge for every society."....


(some figures : 
 
‎"India's 60-plus brigade-often neglected in discussions about our young population-has been growing steadily. The group accounted for less than 5% of the population in 2001, but will make up 14% by 2050. In sheer numbers, projections from the latest 2011 Census pegged the 60-plus population at 100 million. "In 2026, they will account for over 174 million," said Dr Fauzdar Ram, director of the International Institute of Population Sciences.")






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