GLOBAL

Helping You Thrive Around The Globe With the HomeCare Advocacy Network.

Helping You Thrive Around The Globe With the HomeCare Advocacy Network.

According to the U.S. Census, the number of people worldwide age 65 years and over will top one billion by the year 2030. As the aging population grows, so will the need for in-home services.

The HomeCare Advocacy Network is uniquely positioned to help meet the needs of seniors and their families – in the U.S. and around the globe. Our company growth plan includes introducing our dual franchise model into several countries, including Canada, the UK, Japan, China, South Korea and Australia.

Robert Stidham

Looking to be a part of the HCAN family? Learn how we’re expanding globally and get in contact below!

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Canada

  • By 2025, the 65+ age group is expected to account for 1/5 of the total population – growing to 1/4 by 2059.
  • Caregiving costs Canadian families an estimated $33 billion in out of pocket expenses and time off work
  • If nothing changes, seniors will account for 60% of health care costs by 2030
  • Only 18% of Canadians believe the health care system will be able to meet the needs of an aging population

Source, Canadian Imperial Bank of Commerce

UK

  • By the year 2030, one in 5 people (21.8%) will be 65+; 6.8% will be 75+; and 3.2% will be 85+
  • The 85+ group is the fastest growing – set to double to 3.2 million by mid-2041 and triple to 5.2 million by 2066
  • 1 in 14 people over age 65 (7%) and 1 in 6 people over age 80 (17%) have some form of dementia
  • Every day, another 6,000 people take on a caregiving role – 2 million every year
  • 69% of older caregivers report that being a caregiver has had an adverse effect on their mental health

Source, Age UK

Japan

  • Japan has the most aged population – followed by Italy and Portugal
  • The number of Japanese age 65+ accounts for 28.7% of the total population
  • By 2030, one in every three people will be 65+ and one in five will be 75+
  • By 2040, it’s estimated the elderly population will make up 35.3% of the total population

Sources – Ministry of Internal Affairs and Communication and the Government of Japan

China

  • No other country is experiencing population aging on the same scale as China
  • The United Nations projects that by 2050 there will be 366 million older adults in China – more that the current U.S. population
  • In 2020, the 65+ age group accounted for 17.4% of the total population. That number is expected to grow to 35.9% by 2060
  • The overall prevalence of dementia in those 60+ is expected to grow from 5.8% in 2020 to 6.7% in 2030

Source – Government of China

South Korea

  • In 2020, the 65+ age group accounted for 15.7% of the population – it’s expected to rise to 46.5% by 2067
  • By 2025, South Korea is expected to become a “super aged society,” when the 65+ age group reaches 20.3% of the total population
  • By 2047, 49.6% of the total households will be headed by someone 65+

Source – Government of South Korea

Australia

  • In 2018, 1 in every 7 Australians (15%) was 65+
  • The number of people age 65+ is expected to rise to 22% of the total population by 2057 and to 25% by 2097
  • More than half (53%) of those age 65+ are female

Source – Australian Institute of Health and Welfare

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