Cancer treatment cost to rise 60%
London – Interesting times ahead in the European cancer treatment market. A report states that in the UK alone, diagnosis and treatment costs are likely to increase by 62%, from £9.4 billion in 2010 to £15.3 billion by 2021. The average cost of treating someone diagnosed with cancer will go from £30,000 in 2010 to almost £40,000 in 2021. The study "Cancer Diagnosis and Treatment: A 2021 Projection", made by Healthcare analysts Laing & Buisson for private healthcare firm Bupa, warns that cancer survival rates in the UK could fall behind other developed nations. "If we do not address the rising cost of cancer, we are unlikely to be able to afford the desired and expected level of cancer diagnosis and treatment over the next 10 years and beyond." The predicted leap in costs would come largely as a result of Britain's ageing population, which is predicted to lead to a 20% growth in cancer rates by 2021. An increase in the cost of technology and treatments used to combat the disease will also be a contributing factor.
"We now have powerful new technologies available to gradually turn cancer into a chronic, controllable disease like diabetes", said Karol Sikora, medical director of Cancer Partners UK. "However, the rising numbers and the advent of innovation come with a hefty price tag."
Meanwhile the Centre for Cancer Prevention der Queen Mary University in London said in a study that 43% of all diagnosed cancers in UK were due to unhealthy lifestyle and other environmental factors among them tobacco, obesity, poor diet and alcohol.