Healthcare packaging in the context of aging population and spending insight commodity inside
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The document discusses how aging populations will impact healthcare spending and packaging. As populations age, healthcare expenditures are expected to grow faster than income due to older people requiring more medical services and care. This will increase demand for healthcare products and packaging. The global share of people over 60 is projected to increase from 11.7% in 2013 to 21.1% by 2050. The aging trend will support growth in the healthcare industry and innovations in easy-to-use packaging with clear labelling to meet the needs of older consumers.
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Content Page
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Preface
Overview
Humanity’s Aging
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New Disease Patterns
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Assessing the Cost of Aging and Health Care
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Rose Maria Li
1
2
4
6
9
12
16
18
20
22
25
4 Global Health and Aging
5
Preface
The world is facing a situation without precedent: We soon will have more older people than
children and more people at extreme old age than ever before. As both the proportion of older
people and the length of life increase throughout the world, key questions arise. Will population
aging be accompanied by a longer period of good health, a sustained sense of well-being, and
extended periods of social engagement and productivity, or will it be associated with more illness,
disability, and dependency? How will aging affect health care and social costs? Are these futures
inevitable, or can we act to establish a physical and social infrastructure that might foster better
health and wellbeing in older age? How will population aging play out differently for low-income
countries that will age faster than their counterparts have, but before they become industrialized
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well-being. And research needs to be better coordinated if we are to discover the most cost-effective
ways to maintain healthful life styles and everyday functioning in countries at different stages of
economic development and with varying resources. Global efforts are required to understand and
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Running Head APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 20202
Running Head: APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 2020
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APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 2020
Appropriate Interventions for Healthy People 2020
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South University
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3
Preface
Overview
Humanity’s Aging
Living Longer
New Disease Patterns
Longer Lives and Disability
New Data on Aging and Health
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Health and Work
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Contents
Rose Maria Li
1
2
4
6
9
12
16
18
20
22
25
4 Global Health and Aging
5
Preface
The world is facing a situation without precedent: We soon will have more older people than
children and more people at extreme old age than ever before. As both the proportion of older
people and the length of life increase throughout the world, key questions arise. Will population
aging be accompanied by a longer period of good health, a sustained sense of well-being, and
extended periods of social engagement and productivity, or will it be associated with more illness,
disability, and dependency? How will aging affect health care and social costs? Are these futures
inevitable, or can we act to establish a physical and social infrastructure that might foster better
health and wellbeing in older age? How will population aging play out differently for low-income
countries that will age faster than their counterparts have, but before they become industrialized
and wealthy?
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role that health will play moving forward. A better understanding of the changing relationship
between health with age is crucial if we are to create a future that takes full advantage of the
powerful resource inherent in older populations. To do so, nations must develop appropriate
data systems and research capacity to monitor and understand these patterns and relationships,
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well-being. And research needs to be better coordinated if we are to discover the most cost-effective
ways to maintain healthful life styles and everyday functioning in countries at different stages of
economic development and with varying resources. Global efforts are required to understand and
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existing knowledge about the prevention and treatment of heart disease, stroke, diabetes, and
cancer.
Managing population aging also requires building needed infrastructure and institutions as soon as
possible. The longer we delay, the more costly and less effective the solutions are likely to be.
Population aging is a powerful and transforming demographic force. We are only just beginning
to comprehend its impact ...
Mobilizing Domestic Resources for Universal Health Coverage by Dr. Ngozi Okon...
Keynote Address Delivered by Dr. Ngozi Okonjo-Iweala, Chair of the Board of Gavi, the Vaccine Alliance at The First Universal Health Coverage Financing Forum Organised by the World Bank Group, and USAID Attended by Health and Finance Ministers and Health Experts.
Running Head APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 20202
Running Head: APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 2020
2
APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 2020
Appropriate Interventions for Healthy People 2020
Norys Gil
South University
List of Support Needs for the Participant
1. Assisting the patients to change the lifestyle is one of the primary support needs. According to the participant response, quitting smoking and maintaining a healthy weight are some of the significant challenges. Educating the patient about healthy dietary and the need for vigorous physical exercise will help the patient in maintaining the right body weight. Smoking habits are highly addictive, and quitting becomes challenging and requires significant effort from both the patient and the caregiver.
2. Psychological counseling. The patient has a great concern of wondering if she would leave long to see grandchildren. She also takes medication such as propranolol and diazepam for managing the stress. Counseling will help the patient mitigate the effects of anxiety and possible depression. It will also change the mindset of imminent death as a result of chronic kidney complications. Physical exercise is essential for mental health and manages stress levels.
3. Accurate tests and prescriptions of the medical plan to the patient are essential in chronic disease management. According to the participant, she would like to follow the prescribed medical plan to manage this complication.
4. They are assisting the patient in understanding the various prescribed medical plan. There is a need to educate the patient about how to administer medicines such as insulin.
Objectives Implementation of Healthy People 2020
Healthy people in 2020 policies and laws examined the various opportunities and approaches to achieve their primary goals. Different governments are using different strategies to promote the health wellness of society and public health. These initiatives serve as roadmaps for different countries and their objectives to health promotion (Pykett, 2019). They provide a way for the government and the community in general to understand the current and future health situation for effective planning and policymaking. For effective interventions for healthy nations, the government needs to engage public health stakeholders such as the healthcare providers, practitioners, and the community. This will helps in the identification of effective strategies for interventions and making healthy people 2020 ideas actionable.
Good health begins in our homes, workplaces, schools, and community in general. Social determinants of health directly impact all individuals. The healthy people 2020 determinants are divided into various categories, namely economic stability, education, healthcare, and the neighborhood, built environments as well as the community context (Pykett, 2019). The first step of implementing objectives of Health People 2020 is the identification of the national-wide health improvement priorities ...
Global Health 2035 - The Lancet Commissions
Prompted by the 20th anniversary of the 1993 World Development Report, a Lancet Commission revisited the case for investment in health and developed a new investment frame work to achieve dramatic health gains by 2035. Our report has four key messages, each accompanied by opportunities for action by national governments of low-income and middle-income countries and by the international community.
17th SDG's
The goal is to ensure inclusive and quality education for all and promote lifelong learning. While major progress has been made in increasing access to education, about 258 million children were still out of school in 2018. The COVID-19 pandemic has caused schools to close impacting over 1.6 billion students globally. Sub-Saharan Africa faces the biggest challenges in providing basic resources like water, electricity and computers in schools. Women and girls in many developing countries still struggle with access to equal education opportunities.
Future Watch: Health and wellbeing in a digital age vision 2025, part I
The document discusses upcoming transformations in healthcare delivery models by 2025. It notes that current systems are straining to meet demands due to aging populations and rising chronic diseases. Healthcare will shift towards preventative, patient-centric models using digital technologies to enable anytime, anywhere access. This will involve moving care locations closer to patients' homes and empowering individuals to take ownership of their health through tools that monitor health and wellness. By 2025, digital health solutions will be more commonplace as reimbursement policies change and technology-savvy generations increase adoption of tools like wearables, telehealth, and mobile health.
2014 05 White Paper
This document discusses the growth potential of the medical breakthrough products sector over the next several decades. It cites increasing global healthcare expenditures, driven by expanding middle classes and aging populations, as macro trends supporting growth. It also notes industry trends like the rising percentage of drug revenues from breakthrough products and increasing understanding of human biology that will lead to new treatment and cure opportunities. Regulatory improvements may also help accelerate development and availability of medical breakthroughs. The document concludes that innovation in breakthrough products has the potential to dramatically disrupt healthcare and create new successful companies.
Smart Healthcare Revolution The Role of Healthcare Sectors The Contribution t...
The healthcare sector is essential to the well-being of society. Prioritising good healthcare and remaining connected with the community will, in the long run, provide invaluable support to a nation's economy and help forge a better future 🤝 🤝
#Werkdone #SmartHealthcare #Solutions #BetterCare
The futur of medical innovation: A report of World Intellectual Property
The 2019 edition of the Global Innovation Index (GII) focuses
on the theme Creating Healthy Lives—The Future of Medical
Innovation. In the years to come, medical innovations such
as artificial intelligence (AI), genomics, and mobile health
applications will transform the delivery of healthcare in both
developed and emerging nations.
The key questions addressed in this edition of the GII include:
• What is the potential impact of medical innovation on
society and economic growth, and what obstacles must
be overcome to reach that potential?
• How is the global landscape for research and development
(R&D) and medical innovation changing?
• What health challenges do future innovations need to address
and what types of breakthroughs are on the horizon?
• What are the main opportunities and obstacles to future
medical innovation and what role might new policies play?
Finance project
A Study on Financial Statement Analysis using Ratio Analysis as a tool with respect to HLL Lifecare Limited, Bangalore.
Submitted by Antaraa Verma.
IMS - Global Use of Medicines 2020 by Nitesh Bhele
By 2020, global medicine use will reach 4.5 trillion doses, a 24% increase from 2015 levels. Over half of the world's population will consume over 1 dose per person per day, driven by increased access in large emerging markets like India, China, Brazil, and Indonesia. Developed markets will continue to use more branded and specialty medicines per capita, while emerging markets will see greater use of generics and over-the-counter drugs. New medicines introduced in the past 10 years will account for 0.1% of volumes in emerging markets versus 2-3% in developed markets.
IOSR Journal of Pharmacy (IOSRPHR), www.iosrphr.org, call for paper, research...
The document discusses alternative sustainable financing options for primary health care services in Kenya. It notes that while the Kenyan government is committed to providing quality primary health care, budgetary allocations to health care have declined and out-of-pocket spending is high. User fees intended to increase cost recovery have negatively impacted access to care. The study examines alternative financing mechanisms that could help mitigate these trends, such as pooling funds to protect the poor from catastrophic costs, establishing taxes specifically for health care, and issuing bonds for health infrastructure. However, identifying the poor and providing safety nets like waivers will be important for the success of any new mechanisms.
Digital healthcare leap pwc
The document discusses the challenges facing digital healthcare adoption in emerging markets. Traditional digital healthcare models from developed countries require large upfront costs that are prohibitive for emerging markets. However, emerging markets have an opportunity to "leapfrog" developed countries by adopting new digital healthcare models that are cloud-based, open source, integrated, mobile and social. These new models can help digitize healthcare at lower costs and faster timeframes, improving access, affordability, quality and safety of healthcare in emerging markets.
Digital healthcare leap pwc (emerging markets)
The document discusses the challenges facing digital healthcare adoption in emerging markets. Traditional digital healthcare models from developed countries require large upfront costs that are prohibitive for emerging markets. However, emerging markets have an opportunity to "leapfrog" developed countries by adopting new digital healthcare models that are cloud-based, open source, integrated, mobile and social. These new models can help digitize healthcare at lower costs and faster timeframes, improving access, affordability, quality and safety of healthcare in emerging markets.
Future Trends in Healthcare
Healthcare in future will not be like today. The changes are dramatic and paradigmatic. In this presentation we will see some the mega trends influencing this field. Future Trends, Population Increase, Aging, Urbanization, Individualization and health awareness, Consumerism, Shifting Economy, Technological Progress, Climate Change and Environmental Pollution, Shifting Disease Patterns, lifestyle diseases, high-calorie diet, physical inactivity and higher levels of stress, Decline in muscular, skeletal and infectious diseases, Better-informed Patients, Decline in information asymmetry, Internet, Social Networks, Self care, home care, self-medication, New Health Markets, Pharma, economy, pharmerging countries, Growing Competition, Brand, Generic, Innovative, HighTech, Increasing Cost Pressure, Aging, Better Access, Complex Supply Chains, R&D outsourcing, Complex Products, supply chains, Product Development, Innovation, Pharmacogenomics, Therapeutic Vaccines, Regenerative medicine, 3D Printing, Robot-assisted surgeries, Mobile health,Tele-medical applications, Direct-to-consumer (DTC ) distribution, Direct-to-consumer (DTC ) advertisement, OTC Growth, home delivery, prescription drugs,
The Digital Healthcare Leap | PWC
'The Digital Healthcare Leap' highlights insights into how digital health could be an answer to the emerging markets’ challenge to achieve sustainable growth; and leapfrog the developed nations to provide quality, affordable, universal and patient-centric care.
With increased internet and smartphone penetration, and the arrival of new affordable technological solutions in the market, digital healthcare will eventually become a fundamental business imperative. The challenge to healthcare providers for the future, is to adapt and set strategies that leverage new technology while putting patients at the heart of everything they do.
Final Abraka work
This document discusses community-based health insurance (CBHI) in Nigeria, including its prospects and challenges. CBHI is advocated as a strategy to achieve universal health coverage, though uptake in Nigeria remains poor. The document examines different types of CBHI schemes, including those initiated by communities, healthcare providers, and governments. It notes that while CBHI could help reduce out-of-pocket costs that deter healthcare access, many schemes fail due to lack of sufficient contributions to maintain themselves financially. Government support may be needed for CBHI to be sustainable and benefit more Nigerians.
Future of health - Insights from Discussions Building on the future of health...
Insights from Discussions Building on the future of health by Dr Devi Shetty, Chairman and Founder of Narayana Health in India. This includes insights from events already completed adding to the starting point for the global future agenda discussions taking place through 2015 as part of the the futureagenda2.0 programme. www.futureagenda.org
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Mobilizing Domestic Resources for Universal Health Coverage by Dr. Ngozi Okon...
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Running Head APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 20202
Running Head APPROPRIATE INTERVENTIONS FOR HEALTHY PEOPLE 20202
Future Watch: Health and wellbeing in a digital age vision 2025, part I
Future Watch: Health and wellbeing in a digital age vision 2025, part I
Smart Healthcare Revolution The Role of Healthcare Sectors The Contribution t...
Smart Healthcare Revolution The Role of Healthcare Sectors The Contribution t...
The futur of medical innovation: A report of World Intellectual Property
The futur of medical innovation: A report of World Intellectual Property
IMS - Global Use of Medicines 2020 by Nitesh Bhele
IMS - Global Use of Medicines 2020 by Nitesh Bhele
IOSR Journal of Pharmacy (IOSRPHR), www.iosrphr.org, call for paper, research...
IOSR Journal of Pharmacy (IOSRPHR), www.iosrphr.org, call for paper, research...
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Donald Trump has imposed 25% tariffs on steel and 10% on aluminum imports to help the US metal industry, though this will draw retaliation. While it will boost some US steelmakers, the overall damages will be higher as it will hurt downstream industries. Key slab importers like California Steel Industries and AM/NS Calvert will be affected as they import slabs from countries like Brazil, and prices are likely to rise with higher costs being passed to consumers.
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This document provides a 10-year strategic outlook for the global electric vehicle market, analyzing key regions and countries. It includes chapters on the introduction and methodology, the electric vehicle market outlook for various regions including North America, South America, Europe and Asia, materials and battery markets, the global charging infrastructure market, a PESTEL analysis, and an overview of the top 10 electric vehicle companies. The document contains over 60 tables of data on electric vehicle sales forecasts, market size, battery specifications, materials demand, and charging equipment sales for each country/region from 2015-2026.
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Global Folding Carton Market Outlook to 2021 also examined the implications of invoking Article 50 of the Lisbon Treaty on the UK and the global folding carton markets. The shocks are assessed by taking into account various variables in a three-dimensional scenario by using time required for negotiations, impact intensity and impact span.
The global metal packaging market out to 2026
This document contains an extensive table of contents outlining its organization into 11 chapters covering global regions. Each chapter includes analysis of end use sectors and raw materials, market outlook, strategies and country profiles for the region. Numerous tables provide historical and projected demand data for metal packaging by region, country, sector and substrate. The document thus appears to provide a comprehensive global market analysis and forecast for the metal packaging industry through 2026.
A ten year strategic outlook for the global flexible plastic packaging market...
Why this report is unique and a must read for the flexible plastic packaging industry?
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How the global flexible plastic packaging industry will evolve and how each region will play their roles over the coming years?
How major countries in each region will perform over the next ten years?
How priorities in the industry will evolve and what will be their impact on stakeholders?
Would emerging markets outperform developed countries?
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Healthcare packaging in the context of aging population and spending insight commodity inside
- 1. Healthcare packaging in the context of aging population and spending Market Insight by Commodity Inside Commodity Inside Ltd Market Insight
- 2. Healthcare systems around the world are under severe pressure to improve its performance, whilst reduce costs. Around 11% of the world GDP spent on healthcare in 2015, compared to 9% in 2000. In developed countries the ratio of the public to private spending is quite higher in terms of value and percentage compared to developing countries. For instance in the EU public health expenditure as a % of total health expenditure was 77% in 2013, while it was 44% in developing sub-Saharan region. In the coming years most countries will be trying to restrain their public healthcare finances. Consequently, private sector will play an increasingly important part in the healthcare sector going forward as its role will become more essential given the availability of wide range opportunities. Despite governments’ efforts to reduce public healthcare finances, per capita healthcare spending around the world is set to grow faster than the per capita income. This will increase healthcare spending ratio as a % of GDP and thus elevate demand for healthcare products, and subsequently more demand for healthcare packaging. In addition to rising per capita healthcare spending, growing aging population will also support growth in the healthcare industry. Aging occurs due to increasing life expectancy and declining fertility which result in a relative reduction in the proportion of children, and a rise in working age and older people in the population. In this insight, Commodity Inside defines, aging population as people aged and over 60 years. This segment of population is set to grow larger as healthcare advances enable people to live longer. Global per capita health expenditure 2005, 2010 and 2013 ($)
- 3. The global share of older people (aged 60 years or over) increased from 9.2% in 1990 to 11.7% in 2013 and is expected to reach 21.1% by 2050. Moreover, aging population is also taking place across the world, though with faster growth rates in developed world than in developing countries. Commodity Inside anticipates that as population ages, healthcare related expenditures tend to grow rapidly since older people usually require more healthcare and specialised services to deal with their complex pathologies. Therefore, it is expected that healthcare packaging industry will also benefit from this emerging trend in the long term. This will result in further innovations in healthcare packaging, and will underpin demand for easy-to-use, easy-to-open, easy-to-handle packaging, with clearer and bolder labelling. The aging population would also impact the demand of various raw materials used in healthcare packaging. For example metal caps and closures is an important segment of the healthcare packaging industry as it helps in protecting and extending the shelf life of the packaged contents. However, there is now a strong tendency for plastic caps and closures. In developed countries, the use of metal caps and closures are diminishing, though this trend will start soon in developing countries. 6000 4000 2000 0 2000 4000 6000 8000 Ages 00-14 Ages 15-64 Ages 65 and above 2050 2015 Population pyramid depicting the global population distribution by age in 2015, 2050 (million)
- 4. Would you like more detailed information about this topic or any of our others, please contact us at info@commodityinside.com. The impact of aging on innovations in the healthcare packaging market