The inaugural Healthy Ageing Tech Show concluded on the 4th, addressing the upcoming super-aged society in 2025. The event convener, Shen Jong-chin, outlined three major strategies: meeting the needs of the elderly, strengthening industry supply, and developing niche products domestically to expand globally. These strategies aim to capture the $1.7 trillion annual longevity economy market.
Shen noted that by 2025, the global population aged 65 and above will reach 2 billion. In Taiwan, one-quarter of its counties and cities have already entered a super-aged society, and by 2025, the population aged 65 and above is expected to reach 4.85 million, exceeding 20% of the total population. Despite Taiwan's rapid aging—third fastest in the world—the average unhealthy lifespan is as high as 8.5 years, posing significant burdens on medical care, social welfare, and families.
According to official statistics, Taiwan’s elderly dependency ratio has reached 26.4%, with 34.47% of primary caregivers also being over 65, highlighting the "old taking care of old" dilemma. Additionally, 32.21% of people are forced to quit their jobs due to caregiving responsibilities, leading to income issues and labor shortages, two major challenges for Taiwan.
Shen emphasized that the 60-plus age group is a key driver of consumption growth globally, yet their needs and spending habits receive little attention from industries. In Taiwan alone, the elderly economy is worth NT$3.6 trillion, and globally, it exceeds $1.7 trillion, underscoring the importance and urgency of developing the healthy ageing industry.
The Healthy Ageing Tech Show aimed to systematically address elderly needs, enhance industry supply, and promote domestic industry advancement. This year’s show focused on three main themes: health care, smart services, and happy living. Additionally, the event featured the participation of Taiwan's six major cities, showcasing new planning for age-friendly cities, including soft services and public infrastructure, to provide practical and innovative solutions for Taiwan's future aged society.
As global aging trends intensify, Taiwan faces the severe challenge of a super-aged society. The overwhelming response to the Healthy Ageing Tech Show, which attracted over 60,000 visitors in three days, demonstrates the interest and potential in this field. The next show is scheduled for August 8-10, 2025, promising to focus more on diverse products in food, clothing, housing, transportation, and recreation, creating new business opportunities.
Shen stressed that this expo marks the beginning of the healthy ageing industry, providing a valuable testing ground for products and helping companies promptly adjust their strategies to foster international competitiveness. With the rapid development of the healthy ageing industry, Taiwan is poised to better meet future challenges and create a healthier, happier environment for its aging population.
Resource (mandarin): 高齡健康產業博覽會落幕 3策略 攻1.7兆美元長壽商機
