But the increase in terms of numbers will be enormous. East and Southeast Asia alone are expected to have 572.5 million seniors aged 65 or over by 2050—that is more than double today’s number.
Asian countries are aging at different rates, but some will undergo that change with unprecedented speed
Countries in the West underwent a long, gradual shift from “aging” to “aged” societies, but countries in Asia will make that shift in a fraction of the time.
As the senior population grows, so will demand for long-term care and medical treatment
Luckily, life expectancy is rising, but on average, a person over the age of 60 will spend 4–6 years of their remaining life dealing with disabilities.
For example, the number of people with dementia in Asia is expected to triple by 2050.