Silver Economy Expo: the trade show for ageing well

An economic and social challenge

__

The demographic evolution of recent years and projections for the years to come mark, among other things, France’s entry into the group of « aging countries. »

With over 14 million people over the age of 65 as of January 1, 2023, 16 million in 2030, and 18 million in 2040(1). There are over 30,000 centenarians as of January 1, 2023, which is three times more than in 1970. Half of them live at home(2). France will have 54,000 centenarians in 2030 and 76,000 in 2040(1). How to manage this demographic transition?

According to the most recent study dating back to 2012(3), seniors have represented 54% of expenditures on goods and services since 2015, including 64% for healthcare, 56% for insurance expenses, 57% for leisure, and 58% for household equipment. How can we continue to better meet their expectations?

And globally? There are currently over 782 million people aged 65 and older; they will reach 1 billion by 2030(1). What challenges and opportunities need to be addressed on a global scale?

Aging and loss of autonomy

By 2030, 21 million seniors aged 60 and over will be living in France, including 3 million in situations of loss of autonomy, according to the latest projections from DREES and INSEE. By 2050, the over 60s will reach 25 million, with 4 million experiencing loss of autonomy(4). How can we best support our elders as they enter dependency?

Furthermore, France has 9.3 million family caregivers. While the vast majority of caregivers are women over 50 caring for parents, children, or spouses, there are also 700,000 to 1,000,000 young people aged 16 to 25 who are also caregivers(5). And finally, how can we support caregivers?

Sources : (1) INED – ONU 2023 – (2) Insee, Bilan Première, n°1943 – 2023 – (3) Crédoc 2012 – (4) DREES – Etudes et Résultats , n°1172 – Décembre 2020 – (5) Etude Crédoc-Macif, 2023