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How Much Is Spent on Cancer Research Each Year?

Monday, December 2, 2013 11:54:00 AM Posted by Cancer Centers

By Brijesh Ghelani

Over 7 million people died from cancer in 2009 which includes various types of cancer. Cancer is caused by a group of cells growing out of control and in many cases the cells spread out in the body. Because of so many different types it is one of the top killers of Americans over recent years. The impact of cancer has been felt around the world and though there have been many advances many wonder what the price tag has grown when it comes to fighting cancer.

Since there are various factors that can contribute to the scenario we may never really know how much money has been spent exactly since there are so many funding sources and private donors but we have an idea on how much has been invested over the years by looking at what has been accomplished. Several sources have done studies on research spending and have shown that the American Cancer Society alone has invested more than $2 billion since the mid 1940's and the National Cancer Institute spends roughly $6 million a year or more.

Monies raised and used toward cancer benefit researching and the development of treatment programs. Learning about how much is spent on cancer also includes how much has been spent on different types of cancer. Breast cancer is widely known cause for raising money and over the last few years the cause has seen over a billion dollars. Even though there is a wide spread interest in fundraising and donations for cancer causes a majority of the funding comes from major organizations and government grants.

Funding cancer research also involves a great deal of budgeting and planning and when you think about how much money that has been contributed thus far which includes billions of dollars looking at other ways money has been used tends to fail in comparison in certain ways. An example would be to look at different athletes and sport players and see how much they get paid to play their favorite sport as a pro. There are cancer research organizations that use the same amount to research cancer treatments and programs.

Because of the increased interested in issues related to cancer we are seeing the cost of research increase dramatically. There are more organizations that are joining in on increasing the awareness of cancer and even though there has been a tremendous amount of progress over the decades from private & public organizations as well as government agencies it is difficult to know how much more money will be needed in the future. Not only is the funding planned according for projects and programs funds have also helped save lives of hundreds of thousands of people who have been diagnosed.

The amount of money spent on cancer will vary from one cancer to another but many agree the millions of dollars that have been collected have been put to good use for the most part with funding playing a major role in the cancer fight.

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