RETHINK AGING: EXCHANGE KNOWLEDGE TO DEVELOP AGING BUSINESS

Han, Dong Hee(Ph. D)Secretary General , Research Center for Anti-aging Technology Development

Director, Research Institute Science for the Better Living for the Elderly

dongheeh@gmail.comwww.wellageing.com

July 6, 2012

Busan Korea

June 23,2012(Belong to 20-

50Club)

Percent of population 65+ doubling,

tripling, quadrupling, quintupling

0 20 40 60 80 100

World

US

China

Japan

Korea

EU

2000

2050

% in % in % in % in KoreaKoreaKoreaKorea will more than quintuplewill more than quintuplewill more than quintuplewill more than quintuple

% in % in % in % in JapanJapanJapanJapan will more than quintuplewill more than quintuplewill more than quintuplewill more than quintuple

% in % in % in % in ChinaChinaChinaChina will more than triplewill more than triplewill more than triplewill more than triple

% in % in % in % in USUSUSUS will almost doublewill almost doublewill almost doublewill almost double

% in % in % in % in worldworldworldworld will almost triplewill almost triplewill almost triplewill almost triple

% in % in % in % in EUEUEUEU will doublewill doublewill doublewill double

Braun(2007)

Rapidly Increasing Share of the

Population Aged Over 80 Years

www.oecd.org/health/longtermcare/helpwanted

Life Expectancy/Health Expectancy

0 20 40 60 80 100

Japan

China

Korea

USA

Life Expectancy Health Expectancy

WHO, Core Health Indicators

The Cost of Health Care for the Elderly

Resource: National Statistic

Korean Long Term Care Insurance

http://english.mw.go.kr/front_eng/jc/sjc0105mn.jsp?PAR_MENU_ID=100305&MENU_ID=10030502

http://english.mw.go.kr/front_eng/jc/sjc0105mn.jsp?PAR_MENU_ID=100305&MENU_ID=10030502

Elderly Care Industry in Korea

total

aging

Age- Friendly Industry for Elderly Care in Korea

Elderly Care Industry in Korea

Workforce for Old Person-No-No Care-Consultant-Care house

Age Friendly Industry-home visit care-home visit bathing-home visit nursing-day and night care-other in home service benefit-aged care facility-geriatric care facility-senior congregate housing-medical supplies-family care expense-exceptional care expense-nursing expense of long-term care hospitals

Social activity- Exhibition-Forum-Experience hall-Training-Cyber activity-Festival

Research & DevelopmentPlatform Standard & Certification

User of LTC services vary significantly across the OECD

� Note: LTC recipients aged over 65 years. Recipients refer both to home and institutional users. Data for Australia, Belgium, Canada, Denmark, Luxembourg and the Netherlands refer to 2007; data for Spain refer to 2009; data for Sweden and Japan refer to 2006. Data for Japan underestimate the number of recipients in institutions because many elderly people receive long-term care in hospitals. According to Campbell et al. (2009), Japan provides public benefits to 13.5% of its population age over 65 years. Austrian data represent recipients of cash allowances.

� Source: OECD Health Data 2010.

The cost associated with high –care need is a large share of income for most seniors

www.oecd.org/health/longtermcare/helpwanted

Exchange Knowledge to Develop

Aging Business

Aging

Reducing

Productive

Age(15-64)

Bad Cycle of Products Process

Rethink

Aging

All Ages

(Life Cycle)

Development Economic

Opportunities of Aging

Business

Challenge and Advantage

How Efficient is our Elder Care system?

Present /Future

Health, Wellbeing OrientedHealth, Wellbeing OrientedHealth, Wellbeing OrientedHealth, Wellbeing Oriented‘‘‘‘TreatmentTreatmentTreatmentTreatment’’’’to to to to ‘‘‘‘ManagementManagementManagementManagement’’’’Preventive Medical Preventive Medical Preventive Medical Preventive Medical ServiceServiceServiceServiceLifetime Health Lifetime Health Lifetime Health Lifetime Health Care/Care/Care/Care/Stress managementStress managementStress managementStress management

AgingAgingAgingAgingChronic Illness IncreaseChronic Illness IncreaseChronic Illness IncreaseChronic Illness Increase

Industrial Changes Due to Industrial Changes Due to

Changes in Health Care TrendsChanges in Health Care Trends

Data : SERI

Medical Medical Medical Medical TechnologyTechnologyTechnologyTechnologyInnovationInnovationInnovationInnovation

Astrid Stuckelberger: Anti-Ageing Medicine: Myths and Chances

AAAA

BBBB

CCCC

Prevention StrategiesPrevention StrategiesPrevention StrategiesPrevention Strategies

A: Classic ModelA: Classic ModelA: Classic ModelA: Classic Model B: Better AgeingB: Better AgeingB: Better AgeingB: Better Ageing C: AntiC: AntiC: AntiC: Anti----AgeingAgeingAgeingAgeing

C. AntiC. AntiC. AntiC. Anti----Ageing Ageing Ageing Ageing Model: Model: Model: Model: ““““Peak Peak Peak Peak PerformancePerformancePerformancePerformance””””

B. Better and B. Better and B. Better and B. Better and Healthy Ageing Healthy Ageing Healthy Ageing Healthy Ageing

Model: Model: Model: Model: ““““Successful Successful Successful Successful AgeingAgeingAgeingAgeing””””

A. Classic Model: A. Classic Model: A. Classic Model: A. Classic Model: ““““Decline with Decline with Decline with Decline with

AgeingAgeingAgeingAgeing””””

The Ageing Process according to 3 Prevention ModelsThe Ageing Process according to 3 Prevention ModelsThe Ageing Process according to 3 Prevention ModelsThe Ageing Process according to 3 Prevention Models

Aging

The future sustainability of public funding for social and health services is a major policy concern for many countries as it is clear thatthe need for publicly provided services will increase with the aging of the population and shrinking of the work force(Marin, Leichsenring, Rodrigues & Huber, 2009)In many other nations with mature economies, the market mechanism has been penetrating in their welfare services because their social security policies based on government funds had reached their limit. Government funds come from people’s taxes and from national debts under the name of “ government bonds.” Financing our policies through debt means putting an enormous bill our future generation’accounts(Hiroyuki Murata, http://hiroyukimurata.jp/e/core/message.html)

Elderly Care Industry

R&DPlatform

R&DPlatform

ScienceTechnology

ScienceTechnology

ProductsServices

ProductsServices

Interactive

Network

Interactive

Network

Public

Benefit

Contribution

Public

Benefit

Contribution

PromotingMarket

Better Life

Aging Business

Rich ResourceRich Resource

Profitable

Business

Approach

Profitable

Business

Approach

Innovation

Technology

Industry

Promoting Market

Positive aging

Prevention

Active aging

Anti-aging

Future Aging

한국노인학대방지정보망한국노인학대방지정보망한국노인학대방지정보망한국노인학대방지정보망 KINPEAKINPEAKINPEAKINPEA 노인생활과학연구소노인생활과학연구소노인생활과학연구소노인생활과학연구소www.wellageing.com

Consumer Consumer Consumer Consumer

Understanding Understanding Understanding Understanding

Social Activity25252525

� Exhibition

sharing

information

� Platform

Aging Business

� Networking

� International Market

� Empowering Industry

Active Aging Consortium Asia Pacific (ACAP)

JapanJapanJapanJapan

S. KoreaS. KoreaS. KoreaS. Korea

ChinaChinaChinaChina

HawaiiHawaiiHawaiiHawaii

IndonesiaIndonesiaIndonesiaIndonesiaSingaporeSingaporeSingaporeSingapore

MongoliaMongoliaMongoliaMongolia

MalaysiaMalaysiaMalaysiaMalaysia

CanadaCanadaCanadaCanada

NepalNepalNepalNepal USAUSAUSAUSA

Hong KongHong KongHong KongHong Kong

AustraliaAustraliaAustraliaAustralia

ACAP(2011)

cures cures cures cures

LongLongLongLong----termtermtermtermcarecarecarecareUUUU----healthhealthhealthhealthcompanycompanycompanycompany

CommunityCommunityCommunityCommunitybasebasebasebase HomeHomeHomeHomebasebasebasebase Facility Facility Facility Facility carecarecarecare

diversitydiversitydiversitydiversityBefore Before Before Before accidentaccidentaccidentaccident24h24h24h24hGeneralGeneralGeneralGeneral

Spatial ExpansionSpatial ExpansionSpatial ExpansionSpatial Expansion

Temporal Temporal Temporal Temporal

ExpansionExpansionExpansionExpansion

Expansion Expansion Expansion Expansion

ConsumerConsumerConsumerConsumer

Aging

Business

ExpansionExpansionExpansionExpansion

of Suppliersof Suppliersof Suppliersof Suppliers HealthHealthHealthHealthpromotionpromotionpromotionpromotionPrePrePrePreventionventionventionventionAntiAntiAntiAntiagingagingagingaging

ActiveActiveActiveActiveagingagingagingagingCureCureCureCure

� EEEEllllddddeeeerrrrllllyyyy CCCCaaaarrrreeee IIIInnnndddduuuussssttttrrrryyyy nnnneeeeeeeeddddssss SSSSoooouuuunnnndddd BBBBuuuussssiiiinnnneeeessssssss

Diversification Diversification Diversification Diversification

ServicesServicesServicesServices

Various Business Opportunities

U-Health

Telecare

Solution

Empower

Older

Consumers

Aging

Busines

s

Age

Friendly

Innovatio

n

Rethink

Aging

Internatio

nal

Network

Smart

Technology

Support

Family

Support

Technolog

y

New

Concept

Service

Industry

Trust

syste

m

Aging/

Anti-aging

Work-

force

Internation

al

Cooperatio

n

Government Roles

Long term national schemeR&D investmentPromote Business Model Social consensusStrengthen policy for growth

Government Age friendly Industry

Safe and happy communityShort /Long term StrategyHigh quality goodsAging in place as long as possibleFuture Industry

To extend years of being independentTo extend years of being independentTo extend years of being independentTo extend years of being independent

To create an environment for aging in placeTo create an environment for aging in placeTo create an environment for aging in placeTo create an environment for aging in place

To make new paradigm in aged society To make new paradigm in aged society To make new paradigm in aged society To make new paradigm in aged society

3030

www.iagg2013.orgwww.iagg2013.orgwww.iagg2013.orgwww.iagg2013.org

Inquiry: seoul@iagg2013.org Inquiry: seoul@iagg2013.org Inquiry: seoul@iagg2013.org Inquiry: seoul@iagg2013.org

Thank you

Seoul, KoreaSeoul, KoreaSeoul, KoreaSeoul, Korea

June. 23 June. 23 June. 23 June. 23 –––– 27, 2013 27, 2013 27, 2013 27, 2013

The 20th IAGG World Congress of The 20th IAGG World Congress of The 20th IAGG World Congress of The 20th IAGG World Congress of

Gerontology and GeriatricsGerontology and GeriatricsGerontology and GeriatricsGerontology and Geriatrics