A “silver tsunami” is hitting Canada, and healthcare providers who want to ride the wave will have to address the demographic shifts and changing patient demands of an aging population.
By the year 2043, about one in four Canadians will be 65 years of age or older. The number of Canadians over 85 has doubled since 2001 and is anticipated to triple by 2046. Meanwhile, the population of seniors over 75 will double in size over the next decade.
These greying population statistics underscore the changes Canada is about to face. Our healthcare system will need to adapt by becoming more agile and tailored.
Care will shift from the hospital to the home and from patient file folders to personal smartphones. An aging demographic will seek out personalized, unique treatment therapies like shockwave. Future proofing your healthcare practice may become the buzzword.
The Potential of Shockwave Therapy
Shockwave therapy has proven, drug-free, non-invasive applications in physiotherapy, chiropractic care, and other clinical settings and can contribute to future proofing your healthcare practice.
Shockwave therapy delivers acoustic waves to targeted areas of the body, stimulating the body’s natural healing processes. These waves create microtrauma within tissues, triggering an inflammatory response that enhances blood flow, promotes tissue regeneration, and reduces pain by desensitizing nerves.
Shockwave is especially useful for aging Canadians suffering from a variety of musculoskeletal pain and degenerative disorders. Studies show significant improvements for seniors experiencing the hardships of arthritis, diabetes, and tendinopathy.
Market Insights
A recent report by Transparency Market Research indicates that by 2031, the global shockwave therapy market will exceed USD 158.5 million, primarily “due to an expanding geriatric population pool and its consequent rise in demand for enhanced senior care.”
According to the Shock Wave Therapy Devices Market report, Shockwave will significantly grow in North America. Given Canada’s exploding senior demographic, there’s no doubt that this country’s market is set for serious expansion.
Implications for Healthcare Professionals
Integrating shockwave therapy into your practice is a way for physiotherapists, chiropractors, and other clinicians to meet patient needs and align with the trend of digital disruption in the healthcare field.
Canada’s healthcare system needs modernization. “In a strange way, and in a profound way, the pandemic has fundamentally changed the way that we all look at our health-care system and believe that it has an opportunity to change,” says Dr. Adam Kassam, past president of the Ontario Medical Association.
A relatively new treatment modality, shockwave therapy provides new-age alternatives to old-school therapies and is poised to take centre stage.
Final Thoughts
Shockwave therapy provides enormous potential for future proofing your healthcare practice. Prepare for the silver tsunami by exploring the opportunities of shockwave.
Curious to learn more about Shockwave Canada? Visit our website for detailed information and expert guidance.