As humans begin to live longer and more make it to 100, it's going lead to a $610 billion market by 2025, according to analysts at Bank of America.
As humans begin to live longer than 100, it's going lead to a $610 billion market by 2025, according to analysts at Bank of America."Technology is on the cusp of bringing unprecedented increases to the quality, and length of human lifespans," the analysts wrote.In the near future, more humans will be living longer and healthier past the age of 100.
Analysts at Bank of America see a market that could be worth $610 billion by 2025, up from $110 billion today. It'll largely by driven via advancements in technology, both used preventatively and to treat some of the conditions associated with getting older. "Technology is on the cusp of bringing unprecedented increases to the quality, and length of human lifespans," the analysts wrote in a report published on May 8.
Bank of America broke down that potential $610 billion market into five subgroups: genomics, big data, future food, ammortality, and moonshot medicine.Investors bet nearly $1 billion on startups that want to defeat aging, but there's a key challenge aheadOne factor the analysts realized could contribute to people living longer and healthier would be a large uptick of people getting their genomes sequenced.
people have taken at-home DNA tests to look into ancestry and/or health traits based on small pieces of the genome. While the cost to sequence genomes has gone down drastically over the years, it can still cost $1,000. But between personal genetics, gene-editing tool
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