1 Jun 2016

The United Nations estimates that by 2050 more than one-fifth of the world’s population will be aged 60 or above. This is up from just 12% in 2015. As people age, their healthcare needs increase – impacting a wide range of sub-sectors including pharmaceuticals, hospital care and medical devices. Demand from a greying population will provide long-term support for the broader sector.

Aging populations and increased healthcare utilisation rates are growing revenues for companies in the sector. As an increasing “staple”, healthcare remains less economically sensitive relative to most other sectors. At the same time, healthcare possesses strong growth characteristics thanks to the improving innovation cycle.

 

The United Nations estimates that by 2050 more than one-fifth of the world’s population will be aged 60 or above. This is up from just 12% in 2015.

Aging population trend

 

 Source: United Nations, Department of Economic and Social Affairs, Population Division (2015). World Population Prospects: The 2015 Revision, DVD Edition.

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