Difference between revisions of "Demographics - increasing aging population"
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==Description== | ==Description== | ||
Demographics on current page is used to look at the effect that increasing ageing population will have on the future of consulting in the year 2020. | |||
With world population growing rapidly (see timeline), there is also an increasing amount of aging population that will continue to grow in the next 20 years. Older people will differ from the old people today, already now we are seeing a trend of older people becoming much healthier and fitter and this trend will continue to increase in the next 20 years. <br> | |||
Some example of aging population statistics: | |||
Median age of and ( Bloon and Canning 2004); most developing countries have a median age below 25, and a few have a median below 15 years. <br> | |||
of the aged (65+ years) to the young (below 18). By 2030, in most developed nations will have an aging index above 100; Japan will be above 200. | |||
==Enablers:== | ==Enablers:== | ||
* | * Global Demographics <br> | ||
* | * Increasing pollution in the surrounding environment <br> | ||
* | * HIV and other epidimies <br> | ||
* | * Future water deficiency <br> | ||
==Inhibitors:== | ==Inhibitors:== | ||
* | * Better health care <br> | ||
* | * Birth Control <br> | ||
* | * Emerging countries' have much slower trends <br> | ||
* | * Better education <br> | ||
* Emergence of health related drugs <br> | |||
* Growth of plastic surgery industry <br> | |||
==Paradigms:== | ==Paradigms:== | ||
All of this will lead to the whole elderly market changing which in return will open more opportunities for a whole industry for elederly people that are fit and healthy to do new things. Those people will be active with high health awareness, thus there will be a whole new industry for 'new' elderly population. Elderly market as well as healthcare industry will continue to the grow in the next 50 years. <br> | |||
Related industries will also grow as a consequence - for example, insurance industries. <br> | |||
On the other hand, long term business partners for consulting industry will be retiring and certain markets will get eroded and new ones will replace them which might cause loss of clients. Social securities and healthcare expenses will go up resulting in increased taxes. <br> | |||
==Timeline:== | ==Timeline:== | ||
'''World Population Growth''' | |||
Year Population <br> | |||
1- 200 million <br> | |||
1000 - 275 million <br> | |||
1500 - 450 million <br> | |||
1650 - 500 million <br> | |||
1750 - 700 million <br> | |||
1804 - 1 billion <br> | |||
1850 - 1.2 billion <br> | |||
1900 - 1.6 billion <br> | |||
1927 - 2 billion <br> | |||
1950 - 2.55 billion <br> | |||
1955 - 2.8 billion <br> | |||
1960 - 3 billion <br> | |||
1965 - 3.3 billion <br> | |||
1970 - 3.7 billion <br> | |||
1975 - 4 billion <br> | |||
1980 - 4.5 billion <br> | |||
1985 - 4.85 billion <br> | |||
1990 - 5.3 billion <br> | |||
1995 - 5.7 billion <br> | |||
1999 - 6 billion <br> | |||
2006 - 6.5 billion <br> | |||
2009 - 6.8 billion <br> | |||
2011 - 7 billion <br> | |||
2025 - 8 billion <br> | |||
2050 - 9.4 billion<br> | |||
==Web Resources:== | ==Web Resources:== | ||
http://www.fastcompany.com/magazine/103/open_essay-demographics.html <br> | |||
http://www.levyinstitute.org/pubs/wp_468.pdf <br> | |||
http://rismedia.com/2009-06-02/global-demographics-2009-shaping-real-estate%E2%80%99s-future-a-closer-look/ <br> | |||
http://www.transgenerational.org/aging/demographics.htm <br> | |||