This graph shows the resident population projection of elderly people in the United Kingdom from 2020 to 2050, by age group. There is expected to be an overall growth in the number of elderly people. It is expected that all age groups over the age of 60 are expected to increase in number; most substantially, those aged over 80 years.

Projected indicators included are derived from the published 2018-based subnational population projections for England, Wales, Scotland and Northern Ireland up to the year 2043. The indicators are the projected percentage of the population aged 65 years and over, 85 years and over, 0 to 15 years, 16 to 64 years, 16 years to State Pension age, State Pension age and over, median age and the Old Age Dependency Ratio (the number of people of State Pension age per 1000 of those aged 16 years to below State Pension age).

This dataset has been produced by the Ageing Analysis Team for inclusion in the subnational ageing tool, which was published on July 20, 2020 (see link in Related datasets). The tool is interactive, and users can compare latest and projected measures of ageing for up to four different areas through selection on a map or from a drop-down menu.

Note on data sources: England, Wales, Scotland and Northern Ireland independently publish subnational population projections and the data available here are a compilation of these datasets. The ONS publish national level data for the UK, England, Wales and England & Wales, which has been included. National level data for Scotland and Northern Ireland have been taken from their subnational population projections datasets.

This statistic shows the distribution of elderly population (aged 65 and over) as a share of population in the United Kingdom (UK) from 1976 to 2046. Over this 70 year period the share of elderly people within the population of the UK is expected to increase by over 10 percent, reaching 24.7 percent of the forecast total population of 2046.

This statistic displays the population of the United Kingdom, by age group, in 2015, with forecasts for 2025 and 2035. In 2015, the largest age cohort were those aged between 15 and 34, at over 16.8 million people. By 2035, the number of people aged 15-34 is forecasted to increase to approximately 17 million, while there are also anticipated to be around 17 million people aged over 65 in this year.

There were over 4.7 million people aged between 30 and 34 in the United Kingdom in 2023, making it the most populous age group in that year. Those aged between 35 and 39 years comprised the next most numerous age group in 2023, at over 4.64 million people. Millennials overtake Boomers as biggest generation Post-war demographic trends, particularly the 'baby boom' phenomenon, have significantly influenced the current age distribution in the UK. The postwar peak of live births in 1947 resulted in the dominance of the Baby Boomer generation for several decades, until 2020 when Millennials became the largest generational cohort, surpassing the Boomers for the first time. The following year, the UK Boomer population was then overtaken by Generation X, the generation born between Boomers and Millennials. Generation Z, however, remains smaller than the three generations that preceded it, at 12.9 million individuals in 2022. Aging UK population poses challenges The median age of the UK population is projected to reach 44.5 years by 2050, compared to 34.9 years in 1950. This aging trend is indicative of broader global demographic shifts, with the median age of people worldwide forecasted to increase from 23.6 years in 1950 to 41.9 years by 2100. How countries like the UK manage their aging populations will be one of the key challenges of the next few decades. It is likely the UK's struggling National Health Service (NHS) will come under even more pressure in the coming years. There are also tough economic questions, in particular as more people enter retirement age and the UK's working population gets smaller in relation to it.

United Kingdom UK: Age Dependency Ratio: % of Working-Age Population data was reported at 56.810 % in 2017. This records an increase from the previous number of 56.175 % for 2016. United Kingdom UK: Age Dependency Ratio: % of Working-Age Population data is updated yearly, averaging 54.363 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 60.489 % in 1973 and a record low of 51.330 % in 2007. United Kingdom UK: Age Dependency Ratio: % of Working-Age Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Population and Urbanization Statistics. Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.; ; World Bank staff estimates based on age distributions of United Nations Population Division's World Population Prospects: 2017 Revision.; Weighted average; Relevance to gender indicator: this indicator implies the dependency burden that the working-age population bears in relation to children and the elderly. Many times single or widowed women who are the sole caregiver of a household have a high dependency ratio.

In 2023, there were estimated to be 956,116 people who were aged 35 in the United Kingdom, the most of any age in this year. The two largest age groups during this year were 30-34, and 35 to 39, at 4.7 million and 4.64 million people respectively. There is also a noticeable spike of 693,679 people who were aged 76, which is due to the high number of births that followed in the aftermath of the Second World War. Over one million born in 1964 In post-war Britain, there have only been two years when the number of live births was over one million, in 1947 and in 1964. The number of births recorded in the years between these two years was consistently high as well, with 1955 having the fewest births in this period at 789,000. This meant that until relatively recently, Baby Boomers were the largest generational cohort in the UK. As of 2022, there were approximately 13.76 million Baby Boomers, compared with 14 million in Generation X, 14.48 million Millennials, and 12.9 million members of Gen Z. The youngest generation in the UK, Generation Alpha numbered approximately 7.5 million in the same year. Median age to hit 44.5 years by 2050 The population of the United Kingdom is aging at a substantial rate, with the median age of the population expected to reach 44.5 years by 2050. By comparison, in 1950 the average age in the United Kingdom stood at 34.9 years. This phenomenon is not unique to the United Kingdom, with median age of people worldwide increasing from 23.6 years in 1950 to a forecasted 41.9 years by 2100. As of 2022, the region with the oldest median age in the UK was South West England, at 43.9 years, compared with 35.9 in London, the region with the youngest median age.

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Elderly And Disabled Assistive Solutions Market Size 2024-2028

The elderly and disabled assistive solutions market size is forecast to increase by USD 15.61 billion at a CAGR of 8.09% between 2023 and 2028.

The market is experiencing significant growth due to various driving factors. Governments and NGOs worldwide are taking initiatives to promote the use of assistive technologies for the elderly and disabled population. This includes funding research and development, as well as implementing policies and programs to increase the accessibility and affordability of these solutions. A rise in the adoption of binaural hearing aids has been witnessed among people with bilateral hearing loss. The growing number of disabled and aged people, due to factors such as aging populations and the prevalence of chronic diseases, is increasing the need for mobility aids, assistive devices, and healthcare services tailored to their needs.
Additionally, there is a growing demand for customized assistive solutions, particularly in developing countries, where the elderly population is rapidly expanding and the infrastructure for supporting their needs is limited. However, challenges remain, such as the high cost of these technologies and the lack of standardization and interoperability between different devices and systems. Despite these challenges, the market is expected to continue growing as the global population ages and the need for assistive solutions becomes increasingly urgent.

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The market encompasses a wide range of rehabilitative devices and mobility aids designed to enhance the quality of life for elderly and disabled individuals. These solutions cater to various needs, including cognitive and physical impairments, enabling independent living alternatives and improving healthcare outcomes. Rehabilitative devices, such as braces, prosthetics, and orthotics, play a crucial role in restoring mobility and functionality for those affected by chronic diseases or road traffic accidents. Mobility aids, including wheelchairs, scooters, canes, and walkers, provide essential support for individuals with limited mobility, enabling them to move around safely and independently. Cognitive aids, such as visual aids, hearing aids, computer software, and hardware systems, help individuals with dementia, cognitive impairments, and other disabilities to improve their daily functioning and communication abilities. These solutions can significantly enhance the overall healthcare experience, leading to better health results for the elderly and disabled population. The healthcare expenditure for the elderly and disabled population is substantial, making the demand for assistive solutions increasingly important. Hospitals and homecare services are major consumers of these solutions, as they aim to provide comprehensive care and support for their patients and clients.
Additionally, the geriatric population, in particular, benefits significantly from these solutions, as they often face multiple chronic conditions that require ongoing assistance. Bathroom safety solutions, such as grab bars, shower chairs, and non-slip mats, are essential for ensuring the safety and independence of elderly and disabled individuals in their own homes. These solutions can help prevent falls and accidents, reducing the risk of injury and hospitalization. In conclusion, The market plays a vital role in enhancing the quality of life for elderly and disabled individuals, enabling independent living alternatives, and reducing healthcare expenses. The market is diverse, encompassing a wide range of rehabilitative devices, mobility aids, cognitive aids, and safety solutions, catering to various needs and impairments.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Hearing devices
  Mobility and ambulatory devices
  Healthcare furniture and BSE
  Vision and reading aids


End-user

  Hospital
  Home care setting
  Nursing homes
  Assisted living facilities


Geography

  North America

    US


  Europe

    Germany
    UK
    France


  Asia

    Japan


  Rest of World (ROW)

By Product Insights

The hearing devices segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of products designed to enhance the daily lives of individuals with cognitive impairments, chronic diseases, and mobility issues. Hearing aids and devices represent a significant segment of this market, driven by the increasing prevalence of hearing impairments due to factors such as noise pollution, genetic

Of the G7 countries, Canada, the United Kingdom and the United States were forecast to have a constant population increase until 2050. In Japan, Germany, and Italy, the population is forecast to constantly decline due to aging populations and falling fertility rates. In France, the population was first expected to decline from 2048.

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Personal Emergency Response System Market Size 2024-2028

The personal emergency response system (PERS) market size is forecast to increase by USD 3.66 billion at a CAGR of 7.81% between 2023 and 2028.

The market is experiencing significant growth due to the increasing aging population and the development of advanced wearable devices. These systems, which include standalone PERS and transmitters, enable elderly individuals to call for help in case of an emergency. One trend In the market is the integration of Rcube monitoring and standalone voice capabilities, allowing for more effective and efficient response times. Additionally, the PERS market includes smoke detectors, bed sensors, and pullcord residential systems. Another trend is the implementation of wandering systems, which help prevent elders from wandering off and getting lost. However, a lack of awareness about the benefits of PERS technology remains a challenge for market growth. In summary, the PERS market is driven by the aging population and technological advancements but faces challenges in increasing awareness and adoption.

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The market is witnessing significant growth due to the increasing safety concerns for the elderly population in developed economies. With an aging population, the need for reliable and efficient healthcare infrastructure to cater to their unique needs is becoming increasingly important. The PERS marketplace caters to various user demographics, including seniors living independently, those with chronic conditions, and individuals at risk of falls. These systems are designed to provide quick assistance during emergencies, ensuring the safety and well-being of the elderly population. The PERS market offers various solutions, including standalone systems and those integrated with GPS technology, fall detection, and wearable devices. Standalone systems come with transmitters that users can wear around their necks or wrists and press in case of an emergency. These systems connect to a monitoring center, which can dispatch emergency services or contact a predefined contact. Moreover, the market also includes wander systems that help locate individuals with cognitive impairments who tend to wander away from their homes. These systems use GPS technology and can alert caregivers or family members if the individual leaves a designated area.
Medical alarm systems, another segment of the PERS market, are landline-based and require a phone line to function. However, with the increasing preference for wireless and mobile solutions, the market is witnessing a shift towards mobile PERS, which are wireless, cellular, and offer the flexibility of being used anywhere. These solutions cater to different user needs and preferences, ensuring comprehensive coverage for elderly safety. Healthcare expenditure in developed economies is on the rise, and PERS solutions offer a cost-effective way to provide essential healthcare services to the elderly population. The market is expected to continue growing, driven by the increasing awareness of personal safety and the need to cater to the unique healthcare requirements of the aging population. Thus, the PERS market is an essential component of the healthcare infrastructure in developed economies, providing reliable and efficient emergency response solutions for the elderly population. With various solutions available, including standalone systems, GPS-enabled devices, and medical alarm systems, the market offers a range of options to cater to diverse user needs and preferences. The market's growth is driven by the increasing awareness of personal safety, the rising healthcare expenditure, and the unique healthcare requirements of the aging population.

How is this Personal Emergency Response System (PERS) Industry segmented and which is the largest segment?

The personal emergency response system (PERS) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Mobile
  Landline
  Standalone


End-user

  Home healthcare
  Assisted living facilities
  Others


Geography

  North America

    US


  Europe

    Germany
    UK


  Asia

    China
    Japan


  Rest of World (ROW)

By Type Insights

The mobile segment is estimated to witness significant growth during the forecast period. Personal Emergency Response Systems (PERS), also known as medical alarm systems, have gained significant traction In the healthcare industry due to their ability to provide timely assistance during emergencies. These systems offer various types of devices, including landline, wireless, and mobile versions. Landline PERS syste

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Herpes Zoster Therapeutics Market Size 2024-2028

The herpes zoster therapeutics market size is forecast to increase by USD 5.07 billion at a CAGR of 13.7% between 2023 and 2028.

The market is experiencing significant growth due to the increasing incidence of shingles, or herpes zoster, and the emergence of innovative vaccines for disease management. However, the market is faced with challenges, including a weak pipeline for new treatments. The demand for antihistamines and other medications to alleviate symptoms is on the rise, as diagnostic centers continue to identify and treat an increasing number of shingles cases. Molecular diagnostics and data analysis are essential tools in the development of new treatment guidelines and vaccine efficacy studies.
The market's growth is driven by the aging population, as individuals over 50 are at higher risk for developing shingles. Additionally, the availability of effective vaccines, such as the shingles vaccine, is a major factor in the market's expansion. Despite these positives, the market faces challenges, including the high cost of treatment and the limited number of new drugs in development. The market is expected to continue growing, driven by the increasing incidence of shingles and the development of new treatments.

What will be the Herpes Zoster Therapeutics Market Size During the Forecast Period?

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The market represents a significant area of interest within the healthcare industry, given the increasing incidence and complications associated with this viral infection. Herpes zoster, also known as shingles, is a painful condition caused by the reactivation of the varicella-zoster virus (VZV). This condition primarily affects the elderly population, and its prevalence is on the rise due to aging demographics and weakened immune systems. Healthcare providers play a crucial role in ensuring the quality of care for herpes zoster patients. Effective diagnosis, timely treatment, and patient education are essential components of managing herpes zoster and its complications, such as post-herpetic neuralgia (PHN).
Moreover, antiviral therapy is the primary treatment approach for herpes zoster, with cost-effectiveness and health insurance coverage being critical factors in its widespread adoption. The healthcare industry invests heavily in research and development to improve the efficacy of antiviral therapies and develop vaccines for herpes zoster prevention. Immunology and virology research institutes contribute significantly to the understanding of the immune system's role in herpes zoster and the potential for immunosuppression as a risk factor. The herpes zoster market faces challenges in addressing the complications and long-term effects of the condition, such as neurological complications and pain management.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Vaccination
  Drug therapy


Geography

  North America

    Canada
    Mexico
    US


  Europe

    Germany
    UK
    France


  Asia

    China
    India
    Japan


  Rest of World (ROW)

By Product Insights

The vaccination segment is estimated to witness significant growth during the forecast period.

Vaccines play a crucial role in disease prevention by providing active immunization through the introduction of dead or live microbial antigens. These antigens stimulate the production of antibodies in the body, which remain and offer protection against future infections. Shingles, also known as Herpes Zoster (HZ), is a viral infection caused by the Varicella-zoster virus, which can reactivate in people who have previously had chickenpox. The Centers for Disease Control and Prevention (CDC) recommends the use of Shingrix, a non-live varicella-zoster vaccine, for individuals aged 50 and above to prevent shingles. Shingrix is approximately 90% effective in preventing shingles and postherpetic neuralgia (PHN) in this age group.

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The vaccination segment was valued at USD 1.97 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 63% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is predominantly driven by the demand for medications and vaccines used to treat and prevent shingles. The region's advanced healthcare inf

Why was the report written This overview of the consumer and market dynamics of the UK’s Prepared Meals sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years. What is the current market landscape and what is changing The Prepared Meals market is growing due to the increase in the number of women in the workforce and single-person and one-parent family units. While growth has been steady in local currency terms, closely matching volume growth, volatile exchange rates have added complexity to the market for international companies. For instance, the value of the British pound versus the US dollar fell rapidly during the second half of 2008, and then grew rapidly after 2009. This fluctuation is expected to stabilize in the coming years, showing steady growth. What are the key drivers behind recent market changes The Prepared Meals market is growing in the UK and this growth reflects the busy lives of UK consumers, the increasing numbers of working women, the search for convenience, and declining culinary skills. In addition, growth is also supported by an aging population and the increasing desire to experience global cuisine or to have a restaurant-like experience at home. What makes this report unique and essential to read This report brings together consumer insight and market data to provide a comprehensive brief of the UK Prepared Meals sector. This allows for the rapid identification of key growth opportunities across three Prepared Meals categories and their packaging. Read More

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Point Of Care Blood Gas And Electrolyte Market Size 2024-2028

The point of care (POC) blood gas and electrolyte market size is forecast to increase by USD 385 million at a CAGR of 7.08% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. The aging population in North America is driving market demand, as this demographic is more prone to chronic diseases requiring frequent monitoring of blood gases and electrolyte levels. Another trend influencing market growth is the shift from benchtop to portable POC devices, which offer convenience and mobility for healthcare professionals and patients. Strict government regulations aimed at ensuring accuracy and safety also contribute to market expansion. These factors collectively create a favorable environment for market growth In the coming years.
The market encompasses the production and sale of devices and consumables used for measuring electrolytes and metabolites, such as lactate, at the point of care. These measurements are essential for diagnosing and monitoring various conditions, including diabetes, chronic bronchitis, and other chronic diseases. The analyzers, which determine the pH level and the presence of respiratory acidosis or alkalosis, are a significant component of this market. Electronic medical records and critical care units in healthcare facilities drive the demand and electrolyte testing. The increasing use of ventilators in pulmonary units, neonatal intensive care, and emergency room care further boosts market growth.

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Co-oximetry, a technique used to measure the oxygen-binding capacity of hemoglobin, is also a crucial aspect of this market. Portable and benchtop devices are popular due to their convenience and ease of use. Advancements in technology, such as photoluminescent biosensors, have led to more accurate and efficient testing. The market is also influenced by the growing prevalence of infectious diseases, which necessitate frequent monitoring. Overall, the electrolyte market is expected to grow significantly due to its importance in diagnosing and managing various medical conditions.

How is this Point Of Care (POC) Blood Gas And Electrolyte Industry segmented and which is the largest segment?

The point of care (POC) blood gas and electrolyte industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Consumables
  Instruments


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  Asia

    China


  Rest of World (ROW)

By Product Insights

The consumables segment is estimated to witness significant growth during the forecast period.

The market encompasses instruments, consumables, and blood samples for analyzing blood gases, pH levels, electrolytes, metabolites, and biochemical markers. The consumables segment dominates the market due to the increasing prevalence of chronic diseases like diabetes and cardiovascular diseases (CVDs), which necessitate frequent electrolyte tests. This, in turn, fuels demand for consumables such as cartridges, test strips, electrodes, and controls. Additionally, the adoption of POC testing in various healthcare settings, including ICUs, emergency departments, hospitals, and clinics, contributes to the growth of the consumables segment. Electrolyte imbalances, blood pressure, heart rate, rhythm, and respiration rate measurements are essential in critical care units, ICUs, burn units, trauma units, chest pain units, stroke units, operating rooms, ambulances, and other healthcare facilities.

Portable and benchtop devices, CO-oximetry, and wireless point-of-care devices are instrumental in facilitating quick and accurate electrolyte assessments.

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The Consumables segment was valued at USD 552.90 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 37% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market holds a significant share In the global Point of Care (POC) blood gas and electrolyte industry. The US and Canada are the major contributors to the region's revenue growth. Factors driving the market expansion include the rising prevalence of chronic diseases such as diabetes,

This statistic shows the very elderly population (ages 80 and over) as a percentage of the total population in the United Kingdom (UK) as forecasted from 2013 to 2060. The very elderly share of the population is projected to increase over the 47 year period by 4.8 percentage points.

Parkinson’s disease is a progressive condition that is characterized by bradykinesia, muscular rigidity, tremor, and postural instability. As the second most common neurodegenerative disorder, Parkinson’s disease may affect individuals of any age but prevalence is increased with age and it is most common in the elderly. It is expected that the prevalence of Parkinson’s disease in the 7MM (US, France, Germany, Italy, Spain, UK, and Japan) and Brazil will increase from 3.2m people in 2012 to 4.3m people in 2022, driven by an aging population in all markets. Dopaminergic therapies have been fairly effective in treating bradykinesia, but several unmet needs remain. Some needs will be met during the forecast period from 2012-2022, while others, such as the need for disease-modifying drugs, will remain. GlobalData expects that advancements will be made in levodopa administration and that four new molecular entities will be introduced to the market by 2022, these factors along with increased patient numbers from an aging population will drive the market during the forecast period. Read More

This statistic depicts the age distribution of the United Kingdom from 2013 to 2023. In 2023, about 17.41 percent of the population in the United Kingdom fell into the 0-14 year category, 63.35 percent into the 15-64 age group and 19.24 percent were over 65 years of age. The same year, the total UK population amounted to about 67.26 million people.

Food and grocery is expected to grow at a CAGR of 1.7% Private labels are finding increasing adoption against the backdrop of conscious consumerism. Consumers place high importance on healthy eating, and are willing to pay premium prices for products that offer healthy nutrition. Growing aging population and single households in Japan open new opportunities for retailers Packaged food segment is expected to be the most promising market during the forecast period, with a CAGR of 3% over the next five years. Read More

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Bionic Contact Lenses Market Size 2025-2029

The bionic contact lenses market is projected to increase by USD 0.40 billion, exhibiting a CAGR of approximately 10.8% during the forecast period. Exact market valuation details are available in the complete report. The global bionic contact lenses market is experiencing significant growth, primarily driven by increasing technological advancements and a growing aging population. These lenses, designed to augment vision, are finding increased adoption in medical and consumer applications. The demand for advanced vision correction and therapeutic solutions is a major catalyst. The trend towards integrating augmented reality (AR) and virtual reality (VR) capabilities into contact lenses is also shaping the market, offering enhanced visual experiences and innovative functionalities. These developments are expected to drive significant growth in the bionic contact lenses market over the forecast period.

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How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD USD Billion for the period 2025-2029, as well as historical data from 2019-2024 for the following segments:

Type

  Vision Correction
  Therapeutic
  Augmented Reality (AR) and Virtual Reality (VR)


Application

  Medical
  Military
  Other Applications


Distribution Channel

  Hospitals and Clinics
  Retail Stores
  Online Platform


APAC

  China
  India
  Japan
  Australia
  Rest of APAC

Europe


  Germany
  Spain
  Italy
  UK
  Rest of Europe

North America


  US
  Canada

South America & MEA


  Brazil
  UAE
  South Africa
  Others





Type

  Therapeutic: The therapeutic segment is anticipated to witness considerable growth driven by the use of bionic lenses for drug delivery and monitoring of ocular health.
  Vision Correction: This segment is expected to maintain a significant market share due to the increasing demand for advanced solutions for refractive errors.
  Augmented Reality (AR) and Virtual Reality (VR): This segment is projected to experience rapid growth as bionic lenses integrate AR/VR functionalities for enhanced user experiences.


Application

  Medical: This segment dominates the market share due to the use of bionic contact lenses in vision correction and therapeutic applications.
  Military: The military application segment is expected to grow due to the use of bionic lenses for enhanced vision and situational awareness in defense operations.
  Other Applications: This segment includes applications such as sports and entertainment, which are expected to witness steady growth.


Distribution Channel

  Retail Stores: Expected to show considerable growth due to the convenience and accessibility of retail outlets.
  Online Platform: The fastest-growing channel due to increasing e-commerce adoption and easy product availability.
  Hospitals and Clinics: Dominates the market due to the prevalence of eye examinations and prescriptions through these channels.

Regional Analysis

APAC: The APAC region is expected to experience rapid growth in the bionic contact lenses market, driven by increasing healthcare expenditure, a large aging population, and growing awareness about advanced vision correction technologies. China and India are emerging as key markets in this region, owing to their large populations and increasing disposable incomes.
Europe: Europe is a well-established market for bionic contact lenses, with Germany and the UK being major contributors. The region benefits from advanced healthcare infrastructure, a strong focus on technological innovation, and favorable reimbursement policies.
North America: North America is a dominant market for bionic contact lenses, with the US and Canada leading the way. The region is characterized by high healthcare spending, a strong presence of key market players, and a growing demand for advanced vision correction and therapeutic solutions.
South America & MEA: The South America and MEA regions present emerging opportunities for the bionic contact lenses market. Brazil is witnessing increasing investments in healthcare infrastructure and a growing awareness about advanced vision care technologies. The UAE and South Africa are also emerging as key markets, driven by rising healthcare expenditure and a growing demand for innovative medical solutions.

Market Dynamics

Our bionic contact lenses market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of the bionic contact lenses market?

Technological Advancements and Aging Population are key dr

This statistic shows the elderly population development (aged 65 and over) in Germany from 1950 to 2060. Over this 110 year period the number of elderly people is expected to increase to 22.3 million by 2060.

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Angiographic Catheters Market Size 2024-2028

The angiographic catheters market size is forecast to increase by USD 694.1 million at a CAGR of 7.6% between 2023 and 2028.

The market is experiencing significant growth due to the increasing prevalence of cardiovascular diseases (CVD) and the rising demand for minimally invasive procedures. The market is witnessing increased penetration in emerging nations, driven by improving healthcare infrastructure and growing awareness of angiographic catheters' benefits. However, stringent regulations regarding the manufacturing of these catheters pose a challenge to market growth. Alcohol consumption and substance abuse can lead to complications during angiographic procedures, including allergic reactions, bleeding, infection, bruising, clots, heart attack, and stroke. To mitigate these risks, conventional catheters are being replaced with advanced ones, such as those coated with vasopressin potion, which aid in embolization and reduce the risk of complications. Ensuring the highest standards of quality and safety in the manufacturing process is crucial to meet regulatory requirements and maintain customer trust.

What will be the Size of the Market During the Forecast Period?

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The market is witnessing significant advancements driven by the increasing prevalence of cardiovascular and circulatory system conditions. These diseases are often linked to chronic conditions such as diabetes, hypertension, and unhealthy lifestyles, which are common in the elderly population. Diagnostic catheters play a crucial role in the detection and treatment of cardiovascular diseases. These catheters utilize imaging technology, such as radiopaque substances, to provide clear visualizations of the blood vessels and arterial blockages. Therapeutic compounds can also be delivered through these catheters to treat conditions like vascular syndrome. The use of angiographic catheters in minimally invasive procedures, like coronary angiography, has gained popularity due to their ability to reduce recovery time and complications compared to traditional heart surgeries. Moreover, the growing preference for nonsurgical procedures and the availability of advanced imaging technology have fueled the market's growth. The catheterization process involves the use of a guide wire to navigate through the vascular system and reach the target area for diagnosis or treatment. The integration of radiopaque media and therapeutic agents into catheters has enhanced their efficacy and versatility.
Furthermore, the logistics services and ecommerce sectors have significantly impacted the angiographic catheters market by providing convenient access to these essential medical devices. This has enabled healthcare providers to offer timely and efficient services to patients, contributing to the market's expansion. The market is expected to continue its growth trajectory due to the increasing burden of cardiac and cardiovascular diseases. As the global population ages, the demand for these catheters is anticipated to rise, making it a promising investment opportunity for businesses in the healthcare sector. In conclusion, the market is experiencing continuous growth due to the increasing prevalence of cardiovascular diseases, the availability of advanced imaging technology, and the preference for minimally invasive procedures. The market's future growth is expected to be driven by the aging population and the increasing demand for nonsurgical treatment options.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Hospitals
  Clinics
  ASCs


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  Asia

    China
    India
    Japan


  Rest of World (ROW)

By End-user Insights

The hospitals segment is estimated to witness significant growth during the forecast period.

Angiographic catheters are essential medical devices used for diagnostic and interventional procedures, including embolization and vasopressin injection, in the healthcare industry. The market for these catheters is anticipated to expand significantly due to the increasing prevalence of conditions such as heart attacks and strokes, which require these procedures for diagnosis and treatment. Hospitals are expected to be the largest market for angiographic catheters due to the high volume of such procedures performed in these institutions. However, the market may face challenges from the increasing preference for non-invasive angiography techniques. Manufacturers are focusing on research and development to improve the accuracy and safety of angiographic catheter