a specialized rehabilitation and welfare exhibition
preparing a century of longevity.
a specialized rehabilitation and welfare exhibition
preparing a century of longevity.
The Aging Landscape in Korea
By 2025, this will morph into a “super-aged society” with the elderly making up more than 20%. Amidst OECD countries, Korea’s race to aging, growing at an annual average of 4.4%, is unprecedented. Recognizing this, Korea is earnestly channeling its resources towards strategies that emphasize healthy aging and an improved quality of life.
The Korean Government’s Strategy for a Super-Aged Society
- Augmenting long-term caregiving services
and bolstering community-based care for seniors.
- Orchestrating a symbiotic medical and caregiving framework
at the community level.
- Reinforcing and expanding senior health management and caregiving
services anchored in Fourth Industrial Revolution principles.
- Expanding societal and market-oriented job opportunities
for the baby boomer generation.
The Emergence of the Senior Industry
With the economically influential baby boomer generation (born between 1953 and 1963) approaching their senior years, Korea is undergoing a shift in perceptions surrounding the elderly, viewing them as the dominant consumers in the senior industry. Projections indicate that Korea's senior industry could leap from $60 billion in 2020 to an approximate $140 billion by 2030.