There is an interesting wellness “twist” on the issue of our rapidly aging world population: the more we age, the greater the amount we spend on anti-aging products/services (an obvious correlation!). According to one market research company, the global market for anti-aging products, technologies and services will grow from $282 billion in 2015 to $331 billion in 2020.

Since 1900, the global average lifespan has more than doubled. Today, life expectancy is approaching 70 years and has just broken the 90-year barrier for women in South Korea. Any person who is 50 can expect to live until 83, and a baby born this year in a rich country has a 50-percent chance of living beyond 100.

Evidently, everybody’s dream is to die “young as late as possible,” but the reality is that a majority of us live longer – but also sicker. It is for this reason that the aging trend is so bullish for wellness: as we maximize health-span (aging in good health) by “compressing” ill-health in the shortest possible period, we’ll engage in all sorts of wellness activities.

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AuthorThierry Malleret, Economist and Founder, Monthly Barometer