Aging Population and Medical Devices: COVID-19 Has Shifted Toward Prioritizing Care for the Elderly

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Dublin, Dec. 06, 2023 (GLOBE NEWSWIRE) — The “Aging Population and Medical Devices – Thematic Intelligence” report has been added to ResearchAndMarkets.com’s offering.The aging population is a captive market for medical devices. We are experiencing a profound demographic shift as increases in life expectancy-coupled with declines in fertility-have substantially shifted population demographics. According to the World Health Organization (WHO), individuals ages 60 and over will number approximately 2.1 billion by 2050. In high-income countries the challenges of an aging population are particularly pronounced, for example in Japan where close to 30% of the population is aged 65 and over. However, low- and middle-income countries are now experiencing the greatest demographic shift, and by 2050, will account for two-thirds of the global population over 60 years of age.This increased number of older individuals is accompanied by increasing health concerns, presenting unique demand for the medical device industry. With rising pressure on governments, payers, and manufacturers to reduce healthcare costs, innovative medical technologies have tremendous potential to improve elder care.The demand for home care solutions is increasingThe shift towards home care for the elderly population has been occurring for several years. Advancements in medical device technology have resulted in a significant increase in the number of conditions that can be managed in a home care setting. To capitalize on this strong demand and growth, manufacturers are increasingly producing consumer-targeted equipment.COVID-19 spurred a shift towards prioritizing elderly careThe COVID-19 pandemic placed additional stress on health care delivery systems worldwide, exposing the structural ageism that led to high rates of morbidity and mortality among older populations. These circumstances prompted global organizations to call for medical, scientific, social, and financial preparedness for the aging population as a global imperative.Report Scope

This report is a thematic synthesis that identifies the corporations most likely to succeed in a world full of disruptive threats. It predicts the evolution of the topic and identifies leading and disruptive corporations.

It covers the issue of population ageing.

The analyst’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.

Develop and design your business methods through specialized in-house research on population aging through the key tactics this issue affects the healthcare industry.

Stay informed about the key players in the industry and their position in the chain.

Identify emerging trends to gain a competitive advantage.

Key Topics Covered:

Executive Summary

Gamblers

Thematic briefing

Trending

Industry Analysis

Signals

Value Chain

Enterprises

Sector Scorecards

A variety of corporations analyzed in this report include

Philips

Medtronic

GE Healthcare

Boston Scientist

ResMed

Adapt Health

Contec Medical Systems

Innovo Medical

Apple

Google

Dexcom

Omron

Abbott

UnaliWear

Isolation

Cochlear

Dismantling

Sonova

Invacare

Medline Industries

Envoy Medical

MED-EL electromedicinization

For more information on this report, https://www. researchandmarkets. com/r/hlgqpa

About ResearchAndMarkets. com ResearchAndMarkets. com is the world’s leading source for foreign market research and market knowledge reports. We provide you with the latest knowledge on foreign and regional markets, key industries, larger companies, new products, and the latest trends.

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