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Are You Ready For The Third Age Economy?

  • Malaysia will be an aged nation in 25 years, second fastest aging country in the world. *1
  • By 2040, 2 in every 10 persons in Malaysia will be over 60 years old. *2
  • Healthcare market will grow 127% by 2027 to reach RM127.9bil. *3
  • Malaysia’s healthcare expenditure per capita is growing at an average annual rate of 8.57% *4
  • 58% of Malaysian seniors are hypertensive *5, 7 million Malaysians will be diabetic by 2025 *6. Help them fight this
  • Rising medical costs as aging population copes with age-related health challenges
 
Source: 
*1 :The Edge, “Long-term challenges in retirement planning”
*2:University Malaya Social Wellbeing Research Centre
*3:The Star, “Malaysian Healthcare market to reach RM127.9bil by 2027 says Fitch Research
*4:Knoema World Data Atlas, Malaysian Health Data expenditure
*5:Malaysian Journal of Medicine and Health Sciences, 2008, Vol 04N2
*6:The Star, “Malaysia has 3.6 million diabetics says Dzulkefly
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