Aging Demographics

Aging demographics refer to the changes in a population's age structure, particularly the increase in the number of older individuals. As life expectancy rises and birth rates decline, a larger percentage of the population is made up of elderly people. This shift presents challenges, such as the need for more healthcare services and retirement support, as well as opportunities in areas like workforce adaptations and elder care innovation. Understanding these demographics helps societies prepare for the needs of an aging population and plan effectively for future resources and services.