Aging Population and Medical Devices - Thematic Research

Aging Population and Medical Devices - Thematic Research


We are in the midst of a profound demographic shift as increases in life expectancy—coupled with declines in fertility—have substantially shifted population demographics. According to the United Nations, individuals aged 60 and over will number approximately 1.5 billion by 2050. In Japan, the challenges of an aging population are particularly pronounced, as people over the age of 65 account for 23% of the population.

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.


  • This is a single theme report providing in-house analyst expertise of the aging population and the impact on the medical device industry.
  • It identifies the key trends impacting the growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
  • It includes comprehensive industry analysis, including the market size of devices typically used by the aging population.
  • The detailed value chain shows the market segmentation covering the key devices used for elderly care as well as the providers. Leading and challenging vendors are identified for each of the device segments.
Reasons to Buy
  • Develop and design your corporate strategies through an in-house expert analysis of the aging population by understanding the primary ways in which this theme is impacting the medical device industry.
  • Stay up to date on the industry’s major players and where they sit in the value chain.
  • Identify industry trends in emerging elderly care technologies to gain a competitive advantage.

Companies Mentioned
Companies Mentioned

Abbott Laboratories
Becton Dickinson
Boston Scientific
GE Healthcare
Medline Industries

  • Executive Summary
  • Players
    • Table Figure 1: Who are the leading medical device companies within elderly care and where do they sit in the value chain?
  • Thematic Briefing
    • Table Figure 2: Populations around the world are getting older
  • Trends
    • Technology trends
      • Table Technology trends
    • Macroeconomic trends
      • Table Macroeconomic trends
    • Regulatory trends
      • Table Regulatory trends
  • Industry Analysis
    • Healthcare expenditure and the aging population
      • Table Figure 3: The world average health expenditure per capita will continue to rise
    • Market size and growth forecasts
      • Assistive devices
        • Table Figure 4: The hearing implants market will reach $3.1 billion by 2030
      • Home care devices
        • Table Figure 5: Over four million respiratory devices were installed for home use in the US in 2020
        • Table Figure 6: North America's home care respiratory device accessories market will account for 6% of total revenue by 2030
        • Table Figure 7: Home care pulse oximeters volume grew by 25% due to the pandemic
    • Case study: intelligent drug dispensing
      • Table Figure 8: Intelligent drug dispenser use cases
    • Mergers and acquisitions
      • Table Mergers and acquisitions
    • Timeline
      • Table Figure 9: The aging population story
  • Value Chain
    • Table Figure 10: The aging population value chain
    • Patients seeking medical care
    • Elderly care devices
      • Table Figure 11: Elderly care devices
      • Home care devices
      • Wearable devices
        • Table List of wearable devices used by the elderly population
      • Assistive devices
    • Providers
  • Companies
    • Table Companies
  • Glossary
    • Table Glossary
  • Further Reading
    • GlobalData reports
  • Our thematic research methodology
    • Table Figure 12: Our five-step approach for generating a sector scorecard
  • About GlobalData
  • Contact Us

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