Technology should help human life expectancy over 100 years
Bank of America analysts say that technological advances should significantly increase the life expectancy of humans in the coming years, making it possible to pass 100 years of age in a healthy way. According to Felix Tran and Jaim Israel, one of the biggest investment opportunities in the next decade will be in companies that are working to delay people's deaths. This market is projected to be worth at least $ 600 million by 2025.
Analysts' diagnosis is based on the idea that companies working in this sector, such as the Illumina genome sequencer, are about to bring an unprecedented increase in the quality and longevity of human life. Tran and Israel say that by 2020 medical knowledge will double every 73 days. In 2010, this happened every 3 ½ years.
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Another point is that genetic sequencing costs have also dropped considerably: 99% since 2003. According to analysts, advances have opened a new frontier in medical accuracy, allowing for increased life expectancy - they speak of a "techmanity" revolution. Technology combined with humanity.
The Bank of America team has mapped five subthemes that will continue to develop over the next few years and generate revenue. The first is the study of the human genome, which is expected to become a $ 41 billion industry by 2025 and to promote genetic editing possibilities for disease prevention and treatment. The use of big data and artificial intelligence from health data should also help researchers analyze disease causes and manifestations, with the potential to lower treatment costs.
Other markets presented by analysts are genetic enhancements to promote healthier and more sustainable food; a niche that will help increase life expectancy through disease elimination; and companies that offer cures or treatments for serious illnesses like Alzheimer's.
Technology should help human life expectancy to pass 100 years via TecMundo