The BBC today report that the cost associated with dementia is more than 1% of the world's gross domestic product this year at £388bn.
The number of people with dementia is expected to double by 2030, and more than triple by 2050. But experts say the costs of caring for people with dementia are likely to rise even faster than the prevalence, especially in the developing world, with more formal social care costs.
Professor Martin Prince, of the UK's Institute of Psychiatry and who co-authored the report, urged nations to develop better plans for caring for the millions who have the disease. "Governments must show greater leadership, working with all stakeholders, to drive solutions to the long term care issue."
The number of people with dementia is expected to double by 2030, and more than triple by 2050. But experts say the costs of caring for people with dementia are likely to rise even faster than the prevalence, especially in the developing world, with more formal social care costs.
Professor Martin Prince, of the UK's Institute of Psychiatry and who co-authored the report, urged nations to develop better plans for caring for the millions who have the disease. "Governments must show greater leadership, working with all stakeholders, to drive solutions to the long term care issue."
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