Pixabay/Victor Tangermann
Big Money

Major Bank: The Immortality Industry Is the Next Hot Investment

byDan Robitzski
5. 9. 19
Pixabay/Victor Tangermann

If life expectancies push past 100, it'll be a goldmine for early investors.

Moonshot

Bank of America analysts say that companies focused on immortality and longevity — extending the human lifespan as much as possible — are going to grow in coming years, with the market expected to be worth $600 billion by 2025.

Longevity companies have often risen and fallen with little ado. But if these financial experts are correct that biotech companies are poised to start “bringing unprecedented increases to the quality and length of human lifespans,” per CNBC, then we may start seeing serious results out of the industry.

“New Frontier”

Bank of America’s predictions would mean a six-fold increase in the amount of money in longevity companies. In a report to clients reviewed by CNBC, analysts wrote that the human lifespan may soon extend to 100 years.

“This has enabled a new frontier in precision medicine to further extend life expectancy,” the report reads.

Advertisement

Four Areas

The analysts identified four key areas of longevity research that they expect to grow in the coming years: genomics, big data and artificial intelligence, futuristic foods and nutrition, and healthcare companies working to eradicate diseases.

The analysts claim that “medical knowledge will double every 73 days by 2020,” a claim that, given how much medical knowledge is already out there, sounds like it could be overly optimistic.

READ MORE: Human lifespan could soon pass 100 years thanks to medical tech, says BofA [CNBC]

More on longevity: Disrupting the Reaper: Tech Titans’ Quest for Immortality Rages Forward

Advertisement


As a Futurism reader, we invite you join the Singularity Global Community, our parent company’s forum to discuss futuristic science & technology with like-minded people from all over the world. It’s free to join, sign up now!

Share This Article

Copyright ©, Singularity Education Group All Rights Reserved. See our User Agreement, Privacy Policy and Cookie Statement. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Futurism. Fonts by Typekit and Monotype.