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One of the biggest investment opportunities over the next decade will be companies working to extend people's lives, a market expected to be worth at least $600 billion by 2025, according to one of the world's largest banks. Wall Street investments.
Various analysts believe that we are on the verge of an "unprecedented increase in the quality and duration of human life". Innovation in genome science, big data and "immortality," which is embedded in technology or products in the wellness space, could soon extend healthy human lifespans beyond 100 years, BofA said Wednesday.
Some scientists have already calculated that "the cost of genomic sequencing has decreased by 99.999% since 2003". "This has enabled new data in medical precision to further extend life expectancy, heralding a 'technology' revolution."
Every day, technology in medicine develops at such a pace that with its help new ways are discovered, which will ultimately help us live longer and healthier.
Genomics, or the study of the human genome, is expected to be a $41 billion industry by 2025 and will provide "the next generation of gene-editing technology that will deliver potentially revolutionary advances in disease prevention and treatments." said Bank of America.
Health with artificial intelligence
The development of artificial intelligence combined with an ever-growing set of healthcare data is expected to help researchers analyze pathology, or the study of the causes and effects of diseases, in the coming years.
Improvements in technology have the potential to lower health-related costs and enable precision medicine, BofA analysts said. Additionally, better data collection from AI products can lead to better drug development.
In the future, food companies are expected to provide the "healthiest food on the planet".
These companies, according to BofA, should benefit from agricultural gene editing, for a healthier lifestyle and consumption.
The "immortality" theme, expected to be $504 billion by 2025, will help improve health and longevity for the benefit of human vitality, enabling the world's population to live not forever, but healthier and without disease.
"Moonshot Medicine"
Moonshot medical companies—those that offer revolutionary healthcare solutions—are working on cures for some of humanity's most challenging diseases, from cystic fibrosis to Parkinson's and Alzheimer's.
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