28 Jun 2019 --- Preventive measures and education present a US$205 billion opportunity for the nutraceuticals industry in Asia. Healthcare expenses could surge by nine times the current rates in certain Asian countries, according to estimates. The healthcare industry has been outstripping GDP growth in most Asian countries and by 2030, over 60 percent of the world’s population – around 500 million people – will be aged 60 or above in Asia. To tackle the economic ramifications of the issue, such as the rising costs of healthcare, governments across Asia are developing new strategies that address and promote healthy aging.