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Global Journal of Art and Social Science Education

Market Analysis - Global Journal of Art and Social Science Education ( 2021) Volume 9, Issue 2

Market Analysis Aging 2020

Negar Shahreza*
 
13D Biotechnology Solutions, Brazil
 
*Corresponding Author:
Negar Shahreza, 3D Biotechnology Solutions, Brazil, Email: shahrezanegar@gmail.com

Published: 30-Apr-2021

Global aging market is predicted to witness healthy growth over the forecast amount attributable to vital factors like increasing geriatric population and perpetually up geriatric care management services infrastructure. What is more, growing demand for aging studies and medicine graduate programs and favourable government initiatives are the most important factors contributive to the event of aging market. In addition, handiness of assorted care homes, adult day care centers, power- assisted living and nursing homes is one in every of the vital success factors for the expansion of the market over the forecast amount

Why to Organize this Conference:

The purpose of the conference was to promote healthy aging

i.e. to develop and maintain functional ability so elderly people can maintain a good quality of life. The UK incorporates a chop-chop aging population with raised health care desires. Whereas the population will, on the full, anticipate to longer years of excellent health, many of us are going to be living with one or a lot of chronic conditions. However, modifiable modus vivendi, like a healthy diet and physical activity, will encourage healthy aging and improve the standard of lifetime of older folks. Nurses are ideally placed to produce recommendation on nutrition and physical activity to older folks in an endeavour to scale back the burden of age-related illness.

Scope and Importance:

Global Geriatric Care Services Market is anticipated to succeed in USD 1,012.02 billion by 2022. Perpetually increasing geriatric population susceptible to chronic medical conditions is anticipated to drive market growth over the forecast amount. Presence of favourable compensation policies within the U.S. that area unit primarily driven by Medicaid, and healthcare is additionally expected to absolutely reinforce market growth. In 2012, per information revealed by the Centre of Disease Control (CDC) it’s been calculable that almost 95% nursing homes, 77% adult day care service centers, 78% home health agencies and 52% residential care communities were certified to participate in Medicaid. What is more, nearly 99% home health agencies, 100% hospice, and 96.5% nursing homes were healthcare certified.

Market Share in World:

The world is on the blink of a demographic milestone. Since the start of recorded history, young youngsters have outnumbered their elders. In regarding 5 years’ time, however, the quantity of individuals aged 65 or older can number youngsters individuals aged 65 or older is projected to grow from associate degree calculable 524 million in 2010 to almost 1.5 billion in 2050, with most of the rise in developing countries. Driven by falling fertility rates and noteworthy will increase in expectancy, population aging can continue, even accelerate.

List of Universities Associated with Aging and Health in Worldwide:

Miami University-Oxford, United States Ithaca College, USA

University of Toronto, Canada

Curtin University of Technology, Australia University of Nebraska at Omaha, United States University of Freiburg, Germany

Case Western Reserve University, United States University of Edinburgh, UK

University of Rostock, Germany University of Manitoba, Canada

List of Universities Associated with Aging and Health in Asia:

National University of Singapore, Singapore Tsinghua University, China

University of Hong Kong, Hong Kong The University of Tokyo, Japan

Seoul National University, South Korea

Hong Kong Polytechnic University, Hong Kong Shanghai Jiao Tong University, China

King Abdulaziz University, Saudi Arabia

Tel Aviv University, Israel Qatar University, Qatar

List of Universities Associated with Aging and Health in Singapore:

Singapore Management University Nanyang Technological University Duke-NUS Medical School Temasek Polytechnic

LASALLE College of the Arts

List of Organizations Associated with Aging and Health in Worldwide:

AARP, United States

American Federation for Aging Research, USA Alberta Association on Gerontology, Canada

Federal interagency Forum on Aging-Related Statistics, USA Alzheimer‘s Disease International, UK

Aging Research Center, Sweden American Society on Aging, USA Alzheimer‘s Society, UK

British Columbia Psychogeriatric Association, Canada Australian Association of Gerontology, Australia National Association of Area Agencies on Aging, USA

List of Research Centers Associated with Aging and Health in Worldwide:

Ageing Research Centre, Australia Aging Research Center, Sweden

Alzheimer‘s and Aging Research Center, USA Alzheimer‘s Disease Research Center, USA

ARC Centre of Excellence in Population Ageing Research, Australia

Arizona Center of Aging, USA

Aston Research Centre for Healthy Ageing, UK

Australian Institute for Population Ageing Research, Australia Barshop Institute for Longevity and Aging Studies, USA Baycrest Research Centre for Aging and the Brain, Canada

Bar Graph:

Pie Chart:

Funding In Next 5 Years:

The global anti-aging market has reached a worth of US$

50.2 Billion in 2018. The market is additional projected to succeed in a worth of US$ 79.5 Billion by 2024, growing at a CAGR of 7.98% throughout 2019-2024. The world anti-aging market has reached a worth of US$ 50.2 Billion in 2018. The market is additional projected to succeed in a worth of US$

79.5 Billion by 2024, growing at a CAGR of 7.98% throughout 2019-2024. This report provides a deep insight into the world anti-aging market covering all its essential aspects. This ranges from macro summary of the market to micro details of the business performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, etc.

Conclusion:

Recent innovations and constant development in this field have further fuelled market growth. In addition, the increase in the economic strength of the developing nations and the rise in healthcare expenditure are expected to create new opportunities for market expansion. Rapid growth was observed in the adoption of minimally invasive surgical procedures among the developing economies and this is expected to offset the challenging conditions in mature markets.