Although historically the marketing of soft drinks was focused on the youth market with the key age bracket of 10-24 year olds, Canadean detects great opportunities in targeting the growing aging population. According to the UN population division, the world’s older generation, those aged 60 and over, is expected to more than double, from 841 (11.7%) million people in 2013[Read More…]
In 2013, about 40 million family caregivers in the United States provided an estimated 37 billion hours of care to an adult with limitations in daily activities. The estimated economic value of their unpaid contributions was approximately $470 billion in 2013, up from an estimated $450 billion in 2009. Providing care for a family member, partner, or friend with a chronic, disabling, or serious health[Read More…]
An estimated 5.3 million Americans of all ages have Alzheimer’s disease in 2015 according to Alzheimer’s Association. Of the 5.3 million Americans with Alzheimer’s, an estimated 5.1 million people are age 65 and older, and approximately 200,000 individuals are under age 65 (younger-onset Alzheimer’s). Almost two-thirds of Americans with Alzheimer’s are women. Of the 5.1 million people age 65 and[Read More…]
Baby boomers now control 80% of all financial assets and account for 80% of all leisure travel. Their generation is largely contributing to the rise of luxury adventure travel. Costa Rica Tour Company is expanding rapidly to meet the new demand. The Costa Rica Tour Company is expanding to La Fortuna, Costa Rica to accommodate a growing luxury adventure vacation[Read More…]
The cost of care and the related stress for those who care for someone with Alzheimer’s disease increases substantially over those who care for someone with another disabling condition, according to a new study by the MetLife Mature Market Institute® (MMI). The study reports that the dollar value of family caregiving for Alzheimer’s caregivers is 41% higher than for others[Read More…]
For many seniors, forgetting to take medication on schedule, or forgetting whether they have already taken their medication can be dangerous. Now, a design graduate student has developed a solution using smart card technology, according to a recent report by CNN. The device, « PillAid, » involves a smart card and a dispenser and is aimed at improving communication among patients, pharmacists,[Read More…]
According to a recent article in the Miami Herald, a fast-growing segment of the 55-and-older housing market consists of big single-family homes, rather than condo or townhouse developments aimed at those wanting to downsize the size of their homes. Rather than decreasing their space, many retiring boomers may be looking only to decrease hassles, such as home maintenance, landscaping and[Read More…]
Traveling has long been a favorite pastime for retired Americans, but many are now combining traveling with learning. Each year, some 200,000 people attend Elderhostels around the world. The educational programs can last a day or several weeks, and they cover topics ranging from folk art to cooking to wilderness recreation. The Peabody Institute trains some of the world’s most[Read More…]
Sunshine and warm weather aren’t the only lures for retirees. They also want cheaper housing and some elbow room, making places such as Colorado, Idaho, Utah and New Mexico increasingly attractive to the over-65 set. Each of those states saw its senior population grow by at least 6 percent between 2000 and 2003, placing them among the 10 fastest-growing states[Read More…]
Government, Industry Urged to Support Technologies to Assist Aging Population Intel Corporation is giving government officials a first-hand look at compelling future in-home health care applications at a technology demonstration hosted today by the Center for Aging Services Technologies (CAST). In-home technology prototypes illustrate how tiny silicon-based sensing devices, discreetly embedded in objects such as shoes, furniture and home appliances,[Read More…]
