Under the Radar: Homage on the fragmentation in the elder care market; Size of elder care market to rocket up to USD 1,268.43b by 2029; Trends in elder care market; Partnerships with AIC and DBS; Further possible funding rounds and IPO

Your Way Home with Hongbin Jeong · Mar 9, 2023 · 14m

Today we’re going to take a look at something that is close to our heart - ageing and eldercare. According to a UN report, there were 703 million persons aged 65 years or over in the world in 2019, and that number is projected to double to 1.5 billion in 2050. And as the world population ages, one of the most urgent needs for families is caregiving , with demand outstripping the pool of qualified operators. What that means is that those in their thirties and forties - also known as the “sandwich generation” - end up shouldering most of the burden. But what that also presents is an opportunity…