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Innovest Global, Inc. Ready to Enter Healthcare Sector, As Global Health Spending Projected to Reach $8.7 Trillion By 2020 - Spotlight Growth
Innovest Global, Inc. Ready to Enter Healthcare Sector, As Global Health Spending Projected to Reach $8.7 Trillion By 2020 - Spotlight Growth.
About this update from Innovest Global Inc
[{"type":"text","content":"\n\n Sacramento, CA , April 10, 2018 (GLOBE NEWSWIRE) -- A new report and video has been published on Innovest Global, Inc. (OTC PINK: IVST). Innovest Global, Inc. is a diversified holding company that focuses on acquiring niche, high-growth businesses that are capable of generating significant annual revenue. The company’s planned subsidiaries operate across telehealth, biotech, commercial energy, business-to-business distribution, national call center and auto sales. \n The report provides an overview of Innovest Global, Inc., its subsidiaries, financials, industry analysis and more. The content also covers the global outlook for the healthcare sector. Deloitte: 656 Million People Or 11.5% Of Global Population Is Aged 65 Or Older Technological advancements have aided humanity across all aspects of our lives. One of the key benefits of greater technological capabilities is ability to develop more effective healthcare treatments. After all, health and wellness are key components to any thriving civilization. Greater abilities to extend human life can be witnessed through the statistic that 656 million people, or around 11.50% of total world population, is now aged 65 years or older.  According to Deloitte’s 2018 Global Life Sciences Outlook report, global healthcare spending is forecast to reach $8.7 trillion by 2020, compared to $7 trillion in 2015. The market research firm credits the spending increase on aging and expanding populations, growing emerging markets, advancements in medical technology, and rising labor costs.   However, the rising capabilities of medical technology are not expected to stop the growth of ailments and deadly diseases. For example, Deloitte estimates that diabetes will affect around 642 million people by 2040 thanks to rapid urbanization, diet changes, increasingly sedentary lifestyles, and skyrocketing obesity rates. On a more positive note, medical technology (Medtech) is seen as another strong area of the healthcare sector, which is forecast to reach $521.9 billion by 2022. Overall, researchers see in virtro diagnostics as the key driver and largest segment of medtech moving forward.  According to the American Brain Tumor Association, an estimated 80,000 new cases of primary brain tumors will be diagnosed this year. Another 17,000 people are esti...