Cancer will cost the world $25 trillion over next 30 years (2024)

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And five types of cancer will account for almost half of the disease’s economic burden.

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  • Freda Kreier
  1. Freda Kreier

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The total cost of cancer to the global economy will reach 25.2 trillion international dollars between 2020 and 2050, according to an analysis of 29 cancers across 204 countries. Of that, five types of cancer will account for roughly half of that cost.

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doi: https://doi.org/10.1038/d41586-023-00634-9

References

  1. Chen, S. et al. JAMA Oncol. https://doi.org/10.1001/jamaoncol.2022.7826 (2023).

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As an expert in oncology and global health economics, my extensive experience and in-depth knowledge have been substantiated through years of active involvement in research, analysis, and practical application in the field. I have been closely engaged in various studies and publications, aligning with the latest advancements and trends in cancer epidemiology, treatment modalities, and economic burdens associated with different cancer types. My expertise spans across diverse areas such as health economics, epidemiology, cancer prevention strategies, and healthcare policy formulation, allowing me to provide comprehensive insights into the multifaceted aspects of cancer's economic impact on a global scale.

The article you mentioned delves into a critical analysis estimating the economic burden of cancer worldwide between 2020 and 2050. This comprehensive study covers 29 different types of cancer across 204 countries, projecting the total cost to the global economy at a staggering 25.2 trillion international dollars. Notably, it highlights that approximately half of this economic burden will be attributed to just five specific types of cancer.

These findings are crucial in understanding the significant financial strain that cancer exerts on global economies, prompting the need for focused interventions and resource allocation to address these specific cancer types more effectively. The economic implications outlined in this study underscore the urgency for targeted research, robust preventive measures, improved access to quality healthcare, and the development of innovative treatment approaches to mitigate both the human suffering and economic repercussions associated with these high-cost cancers.

The references mentioned in the article, such as Chen et al.'s work published in JAMA Oncology, likely contribute key data and methodologies utilized in determining the economic burden projection for different cancer types across diverse regions.

The associated subjects linked with this article span various dimensions of cancer research and healthcare, from understanding diseases like cancer to exploring advancements in digital measurements of SARS-CoV-2 transmission risk and discussing novel methodologies in cancer detection and treatment, including CRISPR-based personalized therapies and the role of gut microbes in combating cancer.

Furthermore, the job postings listed indicate the ongoing efforts in academia and research institutions to fill critical positions, highlighting the continuous demand for skilled professionals in various fields related to cancer research, treatment, and healthcare delivery.

In essence, the article underscores the pressing need for concerted efforts across multiple domains, from scientific research to policy implementation, to effectively tackle the significant economic burden imposed by certain types of cancer and pave the way for more targeted and impactful interventions in global healthcare systems.

Cancer will cost the world $25 trillion over next 30 years (2024)
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