The longevity industry is currently undergoing a revolution. As the result of investment from companies like Google and Amazon and some of the world’s top billionaires, there has been a surge in scientific breakthroughs and technological advancements in the field of aging research. An exciting wave of development is happening in research labs across the globe, with a growing number of longevity science companies, technology centers, and forthcoming human trials.
Coupled with a lack of sufficient prevention strategies and clinical interventions for age-related diseases, the enormous growth of the elderly population poses a significant socioeconomic and healthcare challenge worldwide. With life expectancy rising across the globe – save for the short-term declines caused by the COVID-19 pandemic – more patients are expected to suffer from disease and disability in later life and for more years than before.
As a result, the focus of medicine is expanding to include not just the treatment of acute or chronic illness but also the long-term maintenance of health. The development of modalities for reducing age-associated morbidities and disabilities has become a primary target for investment and innovation in the scientific field.
A growing body of research demonstrates significant discoveries and advancements in knowledge into potential biomedical strategies for reversing the aging process. Today, researchers continue to study animal and human abilities to regenerate cells, aiming to diminish cognitive decline, immune system weakening, and other adverse effects of the biological aging process. Meanwhile, healthcare and biotech companies race to “find the key” to reversing the aging process, bringing the market valuation of anti-aging medicine to a projected $610 billion by 2025 from current estimates of $110 billion. Investors are pouring millions into start-up companies that focus on anti-aging and regenerative medical research, in hopes of being the first organization to make a breakthrough – bringing a successful solution to aging to the public.