Vietnam had 12% of its population aged 60 and above in 2018. This figure is expected to reach 21% in 2040: In 2018, the growth rate of products for consumers over 50 years old was considered relatively good. Most of the sectors experienced double digits and higher than the average growth of the whole consumer goods market.
By 2045, people aged 65 and above is projected to reach 14% of its population: Realizing the fact that growing senior population will eventually drive up demand for healthcare, the Malaysian government has launched Telemedicine Blueprint, to keep the cost of medical services affordable.
By 2025, there will be a lack of nearly 400,000 professional healthcare workers in Japan’s silver industry:Japan is currently the world's oldest country, and it's set to get even older. The number of elderly people aged 65 or older accounted for 26.7 % of the 127.1 million total population, up 3.7% from five years ago.
High-end senior living facilities are a growth industry in Indonesia: Indonesia has the world’s fourth largest population and a large middle class. There will be 39 million Indonesians aged over 60 years by 2030.
Singapore taking advantage of AI and Big Data to help in eldercare: Singapore expects to bring down personal and government spending on healthcare by improving compliance in leading a healthier lifestyle with input of vital data and treating diseases.
South Korean government backing R&D on eldercare robotics: Ranked fourth in the deployment of industrial robots worldwide, South Korean companies have been leaders in eldercare robotics.
World Alzheimer’s Month (WAM) 2019 Carnival- 21 September 2019: Open to the public, the WAM 2019 Carnival is a FREE, full day funfair where youthful energy meets family time – good fun for a good cause! Join ADA as we stand in solidarity with persons with dementia and their families, and partake in carnival games, snacks, face-painting, balloon-sculpting and a myriad of edu-tainment booths hosted by ADA and partners.
China needs 13M caregivers: 35% of country’s population will be aged over 60 by 2050. Technology solutions are needed to overcome the sector’s manpower shortage.
China is expected to become the largest telehealth market in the world: Country has three major nationwide telemedicine networks; market growing at 15% a year.
ICAA Active Aging Week - 01 to 07 Oct 2019: Celebrating aging and the benefits of active living at any age, Active Aging Week showcases the capabilities of older adults as fully participating members of society. This campaign also spotlights role models that lead the way. Learn how you can join with thousands of Active Aging Week supporters to help change the way we age.
Gerontological Society Singapore Conference "The Art and Science of Ageing Well - 24 Aug 2019: Learn about the art and science of ageing well at the GS Conference 2019.
05 Jul 2019 - New Research Paper and Quality Manual from CommonAge: Our supporting partner CommonAge has put together two publications: Issues in Ageing Research Paper and a Quality Manual designed specifically for the aged care industry for all Commonwealth countries. These two great publications are free to download. Please consider a donation to CommonAge to help keep the wonderful work.