ABSTRACT

In 1950 one in twelve Americans was over 60 years old; according

to the Pew Research Center, by 2050 this ratio is expected to rise

to one in five. Other developed countries are showing similar trends,

with an associated increase in the prevalence of chronic pathologies,

as such conditions are obviously age related [1]. In the U.S. only

those diseases are already responsible for two-thirds of all direct

healthcare costs. Those concerns do not affect richer economies

only, as even developing countries are facing similar trends, if not in

terms of an aging population, then at least in terms of an increase in

the prevalence of such chronic conditions, in addition to the illnesses

they are accustomed to treating.