Simple preventive health measures could save nearly USD 6 trillion globally by 2040: WEF Report
New Delhi, June 23
Simple, low-cost interventions such as home safety improvements, physical activity programmes and wider access to hearing aids could unlock nearly USD 6 trillion in healthcare savings and productivity gains globally by 2040, according to a new report released by the World Economic Forum on Tuesday.
The report, The Longevity Dividend: The Business Case for Linking Health and Wealth, developed in collaboration with Marsh, found that these preventive measures could avert nearly 400 million falls at home, 8.5 million new cases of type 2 diabetes and 2.4 million cases of dementia by 2040.
According to the report, the interventions could generate more than USD 5.8 trillion in healthcare savings and an additional USD 645 billion in productivity gains over the next 14 years.
The analysis, covering 21 countries including India, highlighted that health, financial resilience and labour-force participation are often treated as separate policy areas despite their strong economic interlinkages.
"Harnessing this multi-trillion-dollar shift requires governments, businesses and individuals to begin addressing physical and financial health together," said Haleh Nazeri, Lead, Longevity Economy at the World Economic Forum. She added that such an approach can "strengthen financial resilience, reduce healthcare costs and increase productivity across economies."
The report also underscored the economic impact of caregiving responsibilities. It found that women who spend just one year outside the workforce providing care could see their retirement savings reduced by 24 per cent due to lost earnings and the gender pay gap.
Among the measures assessed, home safety retrofits such as installing grab bars, stair lighting and rug tape could prevent nearly 400 million falls globally and save more than USD 5 trillion in healthcare costs by 2040. Physical activity programmes supported by the World Health Organization could prevent 8.5 million diabetes cases, while expanded access to hearing aids could avert 2.4 million dementia cases and generate over USD 325 billion in healthcare savings, the report said.
The report called for stronger alignment of health, finance and labour policies, as well as greater public-private collaboration to scale preventive interventions.
"Longevity affects every generation, every industry and every economy," said Pat Tomlinson, President and CEO of Mercer, a Marsh business. "When leaders act early -- breaking down silos between health, finance and labour -- they can unlock economic growth, improve wellbeing and create lasting value for businesses, governments and society as a whole."
The report was released on the sidelines of the Annual Meeting of the New Champions 2026 in Dalian, China.
— ANI
Reader Comments
The point about women caregivers losing 24% of retirement savings hit me hard. In our country, it's often women who leave jobs to care for aging parents or in-laws. This is a silent crisis that doesn't get talked about enough. We need policies that support caregivers, not penalize them for doing what's culturally expected.
Interesting data, but these WEF reports always sound great on paper. The challenge in India is implementation. We have so many government schemes that look good in press releases but fail at the ground level. Also, who will pay for these home safety retrofits? For millions living in slums or rural kutcha houses, this is wishful thinking.
My father is 68 and has type 2 diabetes, and I can tell you it's a financial drain on our family. If a simple walking routine or better food habits could have prevented it, why didn't our doctors emphasize this earlier? We need preventive health education in schools and communities, not just fancy reports. Still, good to see this topic getting global attention.
Hearing aids preventing dementia? That's fascinating. In India, hearing loss is often dismissed as 'just old age', but maybe we need to think differently. Though I worry about affordability – a basic hearing aid can cost ₹10,000-₹50,000 here. The government should subsidize these if the savings are truly this huge.
As someone who works in corporate wellness, I see this daily. Companies in India are waking up to preventive health – yoga sessions, health checkups
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.