UK Braces for Soaring Dementia Costs by 2040
Projected economic impact of dementia could reach £91 billion annually, driven by an aging population and rising patient numbers.
- Dementia-related costs set to more than double from current £42 billion, straining healthcare and social services.
- Unpaid care costs expected to nearly double, highlighting increased burden on families and caregivers.
- Only 1.4% of total healthcare expenditure is currently dedicated to dementia diagnosis, despite the benefits of early detection.
- Government urged to prioritize dementia in its health strategy, with calls for increased funding and research.
- Advocates stress the urgent need for early diagnosis to mitigate financial and personal impacts on families.