2013 World Alzheimer Report

While in home care isn’t the only solution, it is a very good one. The demand is currently high and increasing.

The World Alzheimer Report by Alzheimer’s Disease International predicts that between 2010 and 2050, the total number of seniors who require care will nearly triple from 101 to 277 million. The report estimates that half of those seniors will be suffering from Alzheimer’s disease or other related dementia.

The report found that 13 percent of those aged 60 years old or older are dependent on caregivers. The report defines dependency as “the need for frequent human help or care beyond that habitually required by a healthy adult.”

As the population of those 60 years old and over grows, the number of those requiring care will increase, particularly in more developed countries with higher life expectancies. This will create a greater strain on “informal” caregivers, such as friends and relatives, and increase the need for in-home care services and other long term care solutions.

The worldwide cost of dementia care is currently over $600 billion. The authors point out that if dementia care were a country, it would be the world’s 18th largest economy. If it were a company, it would by far be the world’s largest by annual revenue, exceeding WalMart ($414 billion) and Exxon Mobil ($311 billion). These numbers will continue to climb as the population ages and greater stress is put on professional and informal caregivers.

“People with dementia have special needs. Compared with other long-term care users they need more personal care, more hours of care, and more supervision, all of which is associated with greater strain on caregivers and higher costs,” said Dr.Martin Prince, lead author of the report.

While in home care isn’t the only solution, it is a very good one. The demand is currently high and increasing.

Source: http://www.alz.co.uk/research/world-report-2013

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