Introduction
It is widely acknowledged that the population of the planet’s citizens has aged significantly in the last decade. Most notably, the proportion of population aged 65 and over has risen in the U.S., Europe and Australia at 4.83%, 11.49% and 17.18%, respectively, over the last decade (U.S. growth rate from 2000 to 2010 — most recent census data).
Source: U.S. Census Bureau
Source: Australian Government - Australian Institute of Health and Welfare
Source: Eurostat
Naturally, a high demand for services and product manufacturing for both medical and surgical applications is largely derived. In