Blood Glucose Test Strip Market Size : A Global Analysis of the Market Trends

Market Scenario

The blood glucose test strip market size is presumed to garner USD 37.51 Billion during the forecast period (2023-2032). The market is presumed to register 7.2 % CAGR owing to the increasing diabetic population, asserts Market Research Future (MRFR). Blood glucose test strip can be referred to as a small non-reusable plastic strip. It is a crucial component of blood glucose meters that helps to monitor and control diabetes.

Competitive Dashboard

The major players operating the global market are.

·        Apex Biotechnology Corp,

·        Shanghai

·        MicroSense,

·        ALL Medicus,

·        Beijing Yicheng Electronics,

·        Elektronika,

·        Nipro Diagnostics,

·        Bayer Diabetes Care,

·        B. Braun, LifeScan,

·        ACON Laboratories,

·        Jiangsu Yuyue,

·        HMD BioMedical Inc.,

·        TaiDoc,

·        Betachek National Diagnostics,

·        Roche Diagnostics,

·        i-SENS, Universal Biosensors,

·        Abbott,

·        SANNUO,

·        AgaMatrix Inc,

·        and others.

Drivers and Constraints Impacting the Market

Blood glucose test strips are self-testing strips which let pre-diabetic and diabetic people track their blood glucose level on a regular basis without visiting a diagnostic laboratory or a clinic. With the growing diabetic population, the global market for blood glucose test strip is considered to foster during the assessment period. For instance, as per the International Diabetic Federation, around 415 million people had diabetes in 2015. The number is estimated to reach 642 million by the end of 2040. Moreover, technological advancements such as accuracy of the tests along with awareness among the people regarding diabetes are stimulating the market growth.

On the flip side, product recall owing to the inefficiency of devices such as intense competition resulting in pricing pressure and false glucose reading are some of the major factors considered to impede the global blood glucose test strip market in the coming years.

Global Blood Glucose Test Strip Market: Segmental Analysis

The blood glucose test strip market has been segmented on the basis of technology, distribution channel, and region.

By mode of technology, the global blood glucose test strip market has been segmented into optical, thin film electrochemical, and thick film electrochemical.

By mode of distribution channel, the global blood glucose test strip market has been segmented into retail pharmacy and hospital pharmacy. Among these, the hospital pharmacy is likely to dominate the global market and is anticipated to maintain its dominance over the assessment period. The growth is attributed to the increasing preference for self-care testing among the patients to monitor diabetes.

Regional Insights

Geographically, the global blood glucose test strip market span across regions namely, North America, Europe, Asia Pacific, and the Middle East and Africa.

Among all the regions, North America is presumed to lead the global blood glucose test strip market with $ 7.89 billion revenue. The growth is attributed to the extensive use of information technology coupled with high expenditure on healthcare. Moreover, the presence of major medical device manufacturers and high adoption of latest technologies are considered to stimulate the market during the review period.

Europe is estimated to hold the second position in the global market and is likely to maintain its dominance during the review period. High healthcare expenditure led by France and Germany is anticipated to drive the global market.

The Asia Pacific region is presumed to expand at a rapid pace owing to the presence of major regions such as India and China which are expected to lead the market due to unmet needs. This region is presumed to expand at 12.9 % CAGR owing to the growing number of diabetic population.

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Laboratory Information Systems Market Size, Insights, Application & Growth Drivers

Market Scenario

The global laboratory information systems size is projected to grow USD 3.8694 billion by 2030 at CAGR of 9.50% during the forecast period 2023-2030, predicts Market Research Future (MRFR). There are several practice applications of an LIS that improve the day-to-day operations of a medical laboratory, along with prevention of medical errors. A busy medical laboratory having many patients on a regular basis encounter difficulty in keeping all the patients’ information organized. Thus, an LIS system comes in handy, as it helps keep all this information organized, which is vitally important for a medical lab to run smoothly. Apart from this, rising integration of LIS and Electronic Health Record (EHR) and demand for quality and precision diagnosis are majorly supplementing the market growth globally. Moreover, increasing penetration of mobile applications in healthcare solutions coupled with growing popularity of cloud-based laboratory information system testifies for the market progress that has taken place in the past few years.

On the flip side, lack of skilled information technology (IT) professionals in the healthcare industry tames the flow of the progressing market. However, an array of opportunities stemming from emerging regions along with the consistently growing adoption of LIS are proof enough that the global market is en-route to brighter future prospects. Also noteworthy are few trends that bestow the global market with the required push, including proliferation of smartphones, point-of-care devices and e-services in the healthcare industry which significantly shape the market dynamics. Also, immense demand from patients for technological solutions for more convenient health testing, and monitoring is growing. This leads to global market players taking notice of the opportunities that crop up and indulge in strategic activities such as product launches. For instance, in the year 2014, Thermo Fisher launched a new ultracentrifuge which combines speed with safety and ergonomics that allows researchers to protect samples easily while also achieving reliable and consistent results.

Key Players

global LIS market players include   Cerner Corporation, Recent Developments, Eclipsys Corporation, Merge Healthcare Inc., STARLIMS Corporation, Sunquest Corporation and Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabWare Inc., McKesson Corporation, Medical Information Technology Inc., and others.

The Cerner EHR project is thriving as the U.S. Department of Defense increases its budget by about USD 1.2 billion. The additional funds will support the added services to maintain a standard EHR between the Department of Veterans Affairs and the U.S. Coast Guard. The EHR when integrated with laboratory information system, turns highly efficient, which leads to increased productivity and also reduced probability of errors. Cerner is an established company in the global LIS market that understands this fact and makes use of every opportunity to enhance its products to cater to various customer needs.

Market Segmentation

The laboratory information systems lis is segmented on the basis of application, components, and delivery.

By applications, the market is segmented based on clinical LIS, drug discovery LIS, and industrial LIS. The clinical application of LIS holds the largest market share as using LIS software involves more productivity and less paperwork, enhanced patient safety, and improved turn-around time.

By components, the market is segmented based on software, hardware, and services. Among these, the software segment accounts for the majority of the global LIS market due to increasing product enhancements and advent of innovative LIS software systems which ensures the smooth running of the healthcare department.

By delivery, the market is segmented on the basis of web-based, on-premise and cloud-based. Among these, cloud-based LIS software is highly popular as it offers various benefits such as cost savings, high security, flexibility, mobility and quality control.

Regional Analysis

By region, the global LIS market is segmented on the basis of North America, Europe, Asia Pacific and the Rest of the World (RoW).

The joint market share combining North America and Europe was more than 75% of the global total market size in 2014. However, North America has currently secured the top position claiming the largest market share. This stupendous growth can be attributed to increasing cases of fatal diseases and subsequent diagnostic and treatment needs. Moreover, high disposable income and strong economy also help augment the market growth in the region. Furthermore, increasing business opportunities for healthcare service providers along with growing demand for automated instruments rising in laboratories has majorly triggered the market growth in the region.

On the other hand, the Europe LIS market is estimated to grow tremendously during the forecast period, due to massive investment by healthcare IT players and a barrage of players trying to enter the regional market and establish themselves. Moreover, thriving healthcare industry and sophisticated medical infrastructure also play a major role in the growth of the regional market.

The Asia-marked Pacific is also presumed to grow at a significant pace throughout the forecast period. This growth is due to increased infectious diseases, significant increase in healthcare expenditure and advancements in healthcare IT sector. The market growth in the region is also aided by growing need for enhancing the efficiency of medical laboratories, growing demand for error-free diagnosis and increasing integration of information system with laboratories.

The rising aging population and increasing cases of fatal diseases in the regions of Middle East and Africa have propelled the market growth in the region. Also, the market in the region is highly fragmented, and the regional market players used various strategies such as product launches, expansions, and joint ventures to increase their footprint in the region. This gives a significant push to the market and will continue to do so in the coming years as well.

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Osteoarthritis Market Size, Trends, Growth, and Forecast by 2032

Market Overview

The global osteoarthritis market size is projected to reach a exhibiting  CAGR of approximately 9.1% over the forecast period of 2023-2032, proclaims Market Research Future (MRFR) in a minutely analyzed research report. The market is growing persistently on account of the growing global geriatric population as it accounts for more disability among the elderly population than any other disease. Elderly patients have been reported to experience radiographic osteoarthritis which increases as patients age. Rising populace of obesity is also considered to be the driving factor in the growth of the global osteoarthritis market since obesity has also been identified as a risk factor for osteoarthritis. Obesity reduces the skeletal-weight-to-body-mass which results in compressive forces to joints. Although the treatment market for osteoarthritis is not robust, increased prevalence of the disease has resulted in increased R&D activities which are expected to bring new treatment options to the market. Moreover, raising awareness about the disease may induce demand for medications and boost market growth. Low access to healthcare and the side effects of the treatment procedures are the most significant hurdles to the growth of the global osteoarthritis market. Stem cells treatments have been demonstrated as a possible treatment for osteoarthritis which is expected to provide growth opportunities to the global osteoarthritis market.

Competitive Landscape

The global osteoarthritis market players include

         ·         Regeneron (U.S.),

         ·         Novartis AG (Europe),

         ·         TissueGene Inc. (U.S.),

         ·         Eli Lilly and Company. (U.S.),

         ·         Pfizer Inc. (U.S.),

         ·         Abbott. (U.S.),

         ·         Ampio Pharmaceuticals Inc. (U.S.),

         ·         ABIOGEN PHARMA S.p.A (Europe), and

         ·         Merck Sharp & Dohme Corp. (U.S.).

Segmentation

The osteoarthritis market has been segmented based on type, diagnosis, treatment, and end users. By type, the osteoarthritis market has been segmented into hip osteoarthritis, wrist osteoarthritis, spinal osteoarthritis, and others.

By diagnosis, the osteoarthritis market has been segmented into imaging, joint fluid analysis, and others. The imaging segment, is sub-segmented into X-rays, magnetic resonance imaging (MRI), and others.

By treatment, the osteoarthritis has been segmented into medication, surgery, therapy, and others. The medication segment has been further segmented into analgesics and non-steroidal anti-inflammatory drugs, and others. The analgesic sub-segment has been further segmented into acetaminophen, duloxetine, and others. The non-steroidal anti-inflammatory drugs sub-segment has been further segmented into aspirin, ibuprofen, naproxen sodium and naproxen, and others.

By end users, the osteoarthritis segment has been hospitals & clinics, medical institutes, research organization, and others.

Regional Analysis

The global osteoarthritis market spans across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas hold the dominant position in the global osteoarthritis market. A robust healthcare sector, huge osteoarthritis patient pool, and high healthcare expenditure support the growth of the Americas market.

Europe has commanded the second position in the global osteoarthritis market. Availability of funds for research and development activities coupled with government support, high healthcare expenditure and growing prevalence of osteoarthritis in the region propels the growth of the Europe market.

Asia Pacific follows Europe in the global osteoarthritis market. The presence of a huge patient population, rising healthcare investments in the developing economies, and the untapped markets of the region provide a lucrative opportunity for market expansion. Moreover, favorable government policies aid market growth and will help Asia Pacific to emerge as the fastest growing market for osteoarthritis.

The Middle East & Africa holds the least share in the global osteoarthritis market. Poor economic condition and low penetration of healthcare limit the growth of the market, especially in the Africa region and the majority of the market share is held by the Middle East market. The healthcare sector is well-developed in the Gulf countries which helps the Middle East market progress.

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Dental Hand Tools Market Size is forecasted to grow by 2030

The Dental Hand Tools market is a vital component of the larger dental equipment and supplies industry, serving as indispensable instruments for various dental procedures. This market is characterized by a dynamic landscape driven by technological advancements, increasing awareness of oral health, and a growing global population with dental care needs. Here, we delve into the key aspects of the Dental Hand Tools market, including its size, key players, segmentation, and regional outlook.

Size of the Dental Hand Tools Market:

The Dental Hand Tools market size has experienced robust growth in recent years, fueled by the rising demand for dental services worldwide. Factors such as an aging population, increasing prevalence of dental diseases, and a growing emphasis on preventive oral care contribute to the expansion of this market. The market size is influenced by the diverse range of hand tools used in dental procedures, including mirrors, probes, excavators, scalers, and pliers, among others.

As of the latest available data, the global Dental Hand Tools market is valued in the billions, reflecting the significance of these tools in the dental care landscape. The market is expected to continue its upward trajectory as dental practitioners seek advanced and ergonomic hand tools to enhance precision and patient comfort.

Key Players in the Dental Hand Tools Market:

The Dental Hand Tools market is highly competitive, with several established players dominating the landscape. Key players in this market often focus on research and development to introduce innovative products and maintain a competitive edge. Some of the prominent companies in the Dental Hand Tools market include Hu-Friedy, Dentsply Sirona, Integra LifeSciences Corporation, Brasseler USA, and KaVo Kerr, among others.

These companies are known for their wide product portfolios, strategic collaborations, and a strong global presence. As technological advancements continue, key players are expected to invest in developing hand tools that offer enhanced durability, precision, and user-friendly features, catering to the evolving needs of dental professionals.

Segmentation of the Dental Hand Tools Market:

The Dental Hand Tools market can be segmented based on various factors, including product type, end-user, and geography.

Product Type:

• Diagnostic Instruments (mirrors, explorers, probes)
• Treatment Instruments (scalers, excavators, pliers)
• Retraction Instruments (mouth mirrors, cheek retractors)
• Cutting Instruments (chisels, carvers, scalpels)

End-User:

• Hospitals
• Dental Clinics
• Ambulatory Surgical Centers

The segmentation allows for a more granular analysis of the market, enabling manufacturers and stakeholders to tailor their strategies to specific market segments.

Regional Outlook of the Dental Hand Tools Market:

Geographically, the Dental Hand Tools market exhibits regional variations influenced by factors such as healthcare infrastructure, prevalence of dental diseases, and economic conditions.

• North America: With a well-established healthcare system and a high focus on oral health, North America is a significant market for dental hand tools. The presence of key players and a proactive approach to adopting advanced dental technologies contribute to the region's market dominance.
• Europe: Similar to North America, Europe boasts a mature healthcare sector and a strong emphasis on preventive dental care. The region witnesses steady demand for dental hand tools, driven by both established and emerging dental practices.
• Asia-Pacific: The Asia-Pacific region is anticipated to witness substantial growth in the Dental Hand Tools market due to the increasing awareness of oral health, a rising geriatric population, and improving healthcare infrastructure.

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Contraceptive Pills Market Size, Strategies & Key Players Review by Forecast to 2032

Market Synopsis:

According to the report, the Contraceptive Pills Market Size was valued at USD 20.9 billion in 2022 and is projected to grow from USD 21.4 Billion in 2023 to USD 25.38 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.2% during the forecast period (2023 - 2032).

Contraceptive pills are likely to witness considerable demand in the years to come. The observation offered by Market Research Future (MRFR) unfolds that the global Contraceptive Pills Market Share is expected to enter a phase of maturity in the foreseeable future.

The issue of problem explosion has encouraged the increasing consumption of contraceptive pills. It has motivated the governments to invest in its distribution for market penetration. In addition, non-profit organizations are also expected to support the use of pills. These factors are expected to expedite the revenue growth of the contraceptive pills market in the years to come. The social awakening regarding the use of these pills supported by organizations is expected to lead the growth of the market in the forthcoming years.

The ongoing protest against abortion has escalated serious concerns regarding accidental pregnancies. This, in turn, is projected to shed light on the pills as a safer option, thus, supporting its increased sales. Also, the easier access to the product is likely to catapult the contraceptive pills market on upward trajectory. However, the availability of alternatives such as condom is expected to check the expansion of the contraceptive pills market over the next couple of years. Increasing awareness about the availability of alternatives is poised to restrict the market growth in the years to come.

Contraceptive pills cause several side effects such as a change in gynecological issues, hormonal imbalance, etc. Some of these pills, especially emergency contraceptive pills, can adversely affect the fecundity of women. This, in turn, is projected to check the expansion of the contraceptive pills market over the next few years. However, the research & development of male contraceptive pills is likely to have a positive impact on market growth in the forthcoming years.

Contraceptive Pills Market Overview and Size, Trends and Growth Outlook by Type [Oral Contraceptives (Combined Oral Contraceptive Pills and Progestogen-Only Pills), Topical Contraceptives, Contraceptive Injectables and others], Distribution Channel (Hospital & Clinics, Retail Pharmacy, Online Pharmacy and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa)

 

Competitive Dashboard:

Pharmaceuticals,

HLL Life Care,

Sopharma AD,

V Care Pharma, and

Ferring B.V

are some of the Contraceptive Pills Market Players. These players are expected to contribute significantly to the expansion of the market in the years to come.

Market Segmentation:

This MRFR report includes a detailed segmental analysis of the global Contraceptive Pills Market Trends based on drug class. The segments of the market include monophasic, triphasic, and others.

Study objectives of Contraceptive Pills Market:

• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Contraceptive Pills market  
• To provide insights about factors affecting the market growth
• To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by drug class, and its sub-segments.
• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Contraceptive Pills market.

Regional Analysis:

The report presents an exhaustive regional assessment of the global Contraceptive Pills Market Outlook for offering an informative insight. These segments, on the basis of region, are Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific. Americas is the leading the expansion of the global market and is anticipated to maintain its control over the maximum market share in the foreseeable future. The latest regulations in some of the states of the U.S. against abortion is anticipated to boost the sales of contraceptive in the years to come.

Europe contraceptive pills market is also projected to exhibit considerable growth at the second spot in the upcoming years. Increasing awareness about the product is the key factor responsible for catalyzing expansion of the contraceptive pills in the market over the assessment period. Meanwhile, Asia Pacific is likely to register the highest CAGR across the forecast period.

The market scenario represents healthy competition. Increasing investments in research & development by the key players are poised to boost revenue creation in the contraceptive pills market in the forthcoming years. The emphasis is on the minimization of adverse effects of the pills and ensuring cent percent results. Product development is likely to drive the growth of the contraceptive pills market over the next couple of years. In addition, other growth trajectories are also being trodden by the market participants for acceleration of revenue growth. Some of these growth strategies are mergers & acquisitions, partnerships, collaborations, etc.

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Topical Corticosteroids Market Size, growth, drivers and forecast research report 2032

Market Highlights

The Topical Corticosteroids Market Size is expected to reach at 6.6% CAGR during the forecast period 2023-2032. Topical steroids are medication and available in various forms such as creams, lotions, and solutions. They are directly applied to the skin to reduce inflammation and irritation.

Taste the market data and market information presented through more than 125 market data tables and figures spread over 110 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “topical corticosteroids market research report–Global forecast till 2032.”

Major Players in the Topical Corticosteroids Market

Some of the key Topical Corticosteroids Market Players are.

         ·         AstraZeneca plc.,

         ·         GlaxoSmithKline plc.,

         ·         Merck & Co., Inc.,

         ·         Pfizer Inc.,

         ·         Sandoz AG (Novartis AG),

         ·         Sanofi S.A.,

         ·         Actimis Pharmaceuticals,

         ·         Valeant Pharmaceuticals,

         ·         Almirall,

         ·         S.A,

         ·         Zylera Pharmaceuticals.

Segmentation

The global topical corticosteroids market is segmented on the basis of type of formulation. it is segmented into ointments, creams, and others.

·        On the basis of type of potency class, it is segmented into ultra-high, high, moderate, and low. The ultra-high is further segmented into clobetasol propionate, and diflorasone diacetate. The high segment is further segmented into amcinonide, betamethasone dipropionate, desoximetasone, fluocinonide, halcinonide, and others. The moderate segment is further segmented into desoximetasone, fluocinolone acetonide, fludroxycortide, hydrocortisone valerate, triamcinolone acetonide, and others. And the low segment is further segmented into betamethasone valerate, desonide, fluocinolone acetonide, and others.

·        On the basis of treatment, it is segmented into contact dermatitis, insect stings, psoriasis, eczema, and others.

·        On the basis of end user, the market is segmented into hospitals, dermatology clinics, pharmacies, and others.

Regional Analysis

The global topical corticosteroids market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

Asia Pacific is the fastest growing and potential market for the topical corticosteroids due to increasing number of dermatology clinics and rising prevalence of skin related diseases in the developing countries. Furthermore, government support and encouragement to healthcare domain, and favourable government policies for pharmaceuticals companies likely to drive the growth of this market over the review period. 

The Middle East & Africa is expected witness steady growth due to rising demand for primary healthcare services such as new and advanced treatment methods in healthcare domain.

The Americas dominates the global topical pharmaceuticals market. It comprises of two regions namely North America and South America. North America is the largest market owing to rising prevalence of skin diseases in the American counties and increasing geriatric population with skin related diseases. According to the American Academy of Dermatology, ~50% of Americans over age 65 have one or other forms of skin diseases.

In Europe, extensive demand for skin care and topical products to treat skin diseases drives the demand for topical corticosteroids. Moreover, increasing expenditure in healthcare domain and investment in the research & development of new treatment methods for skin related diseases will fuel to the growth of the market. 

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Neurorehabilitation Devices Market Size By Application, By End Use, And Segment Forecasts 2022 - 2032

Market Overview

The Neurorehabilitation Devices Market Size exhibiting a compound annual growth rate (CAGR) of 7.90% during the forecast period (2023 - 2032). Neurological rehabilitation is a treatment program overseen by a team of specialists for patients suffering from sickness, injury, or malfunction of the neurological system. Neurorehabilitation devices are used in the field of physiotherapy to aid in the learning of motor abilities. Neurorobotic systems, non-invasive brain stimulators, brain-computer interfaces, and wearable devices are all examples of neurorehabilitation equipment. With the use of these technologies, rehabilitation products have advanced and improved in terms of intensity and quality. It has ensured that neurorehabilitation equipment provides the best and most important results in neurological illnesses.

Competitive Landscape

The Neurorehabilitation Devices Market players in the market are :

Abbott Laboratories,

Ekso Bionics Holdings Inc,

Helius Medical Technologies,

Hocoma AG,

Medtronic Inc,

Others

Following the pandemic, a developing culture of entrepreneurs, and neuroscientists, the Neurorehabilitation Devices Market is now open to a variety of people who wish to make money. Those who have invested in the Neurorehabilitation Devices Market have contributed to the advancement of this culture and market trends. In reality, patients are now consulting remotely for each of their application parts. As a result, it has provided a landscape for the neurorehabilitation device industry, as well as the possibility to interact with diverse persons to move the market forward. Parkinson's disease and stroke are the diseases with the highest CAGR in terms of application category in the coming years.

Market Segmentation

Based on the Type, the global Neurorehabilitation Devices Market has been segmented into Neuro-Robotic Devices, Wearable Devices, Non-Invasive Stimulators, Brain-Computer, and Interface (BCIs).

Based on the Application, the global Neurorehabilitation Devices Market has been segmented into Brain stroke, Parkinson's Disease, Multiple sclerosis, Spinal cord injury, Cerebral palsy, Schizophrenia, etc.

Based on the End-User, the global Neurorehabilitation Devices Market has been segmented into Hospitals/Clinics and Cognitive Care Centers.

Based on the Region, the global Neurorehabilitation Devices Market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Classification

North America dominates the worldwide market with the United States and Canada. The regional market has grown as the occurrences of Alzheimer's and Parkinson's disease has increased, leading to an increase in government financing through particular Senate of Canada programs. Europe consists of the UK, Germany, Italy, France, Belgium, Russia, Poland, and the rest of Europe. The Asia-Pacific includes India, Australia, New Zealand, China, South Korea, Japan, Thailand, Indonesia, and Vietnam, as well as the rest of the continent. The market for neurorehabilitation equipment is predicted to expand gradually. The architecture of medicine is changing, and it is expected that healthcare infrastructure and neurological devices will develop during the forecast period. According to statistics, market growth in areas where the majority of the population is over 60 years old ranges from 8.1 percent to 8.5 percent every year.

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