With the generation of older people growing at a faster rate than the total population in almost all regions of the world, the UNFPA underscored the importance of implementing the right policies to address the social and economic challenges that population aging poses.
“The world’s population will become bigger, older and, unfortunately, sicker. By 2025 the global population will increase by one billion, with an additional more than 500 million people aged 50 years and older. By that time, chronic diseases will account for 70 percent of the global disease burden,” warned Joseph Jimenez, CEO of research-based Swiss healthcare company Novartis.
“To meet the health demands of an aging population, global healthcare spending is expected to double from US$7.5 trillion in 2013 to US$15.6 trillion in 2025,” Jimenez said.
Read more: http://business.inquirer.net/180879/innovative-treatments-for-diseases-that-commonly-affect-older-people#ixzz3Hd0C5l9l
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