Global Markets
Home›Global Markets›Asia›Hong Kong urged to build longevity medicine hub as sil…
Hong Kong urged to build longevity medicine hub as silver economy grows
The longevity market is valued at US$27.6 billion globally, projected to exceed US$67 billion by 2035, with Asia-Pacific growing about 11.2% annually.
In an analysis by SCMP Economy, China’s policy push to treat population aging as a growth and security priority is helping drive the expansion of what it frames as the “silver economy,” with longevity medicine positioned as a key area for commercialization.
The outlet says the global longevity market is valued at US$27.6 billion and is projected to surpass US$67 billion by 2035, while growth is fastest in the Asia-Pacific region at an estimated 11.25% per year.
SCMP Economy argues that Hong Kong, in particular, has a strategic opening to anchor the region’s longevity sector by focusing on longevity research, running clinical trials, supporting regulatory approval, and scaling related capital.
The piece casts these efforts as a competitive imperative for Hong Kong to become the premier hub for turning longevity science into therapies and business opportunities across Asia.
Latest closeSilver $60.30 ▼0.1%