An insight report on assisted living published by Scottish Development International partners – Scottish Enterprise looks at the global challenges and opportunities for Scotland in this area, particularly in home medical equipment and digital healthcare.
The rapid rise in the older population and the increased incidence of debilitating chronic diseases (many linked to lifestyle rather than simply age) predicted over the next 40 years means that current healthcare systems will have to adapt to cope.
Assisted living products and services aim to help today’s ageing and chronically ill population to maintain their independence and quality of life.
Providing a market overview
This report provides an overview of these markets, looking at market size and growth, key drivers and restraints, technology trends, funding opportunities and supporting policies. Scottish initiatives in the field and relevant Scottish industrial and academic strengths are also reviewed.
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The report is one of a series that Scottish Enterprise has developed to look at future opportunities related to the life sciences sector. The first focuses on Sustainability and at the global challenges and opportunities in areas such as new crop technologies, animal health, food and feed, and industrial biotechnology.
The Health and Wellness report suggests that Scotland’s experience and strengths in sectors such as life sciences, chemicals and food and drink, offers significant opportunities for its companies and researchers to develop innovative products and services to help promote healthier lifestyles, and reduce the risk of disease.
Resources for companies operating in the medical technology and wellness technology sectors.