Product Code: ETC6181682 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias gerontology and aging market encompasses academic research, healthcare services, and policy planning focused on the science of aging. The aging population has spurred demand for innovations in age-friendly housing, mobility aids, eldercare technologies, and social programs that promote healthy aging. Institutions and universities are collaborating on multidisciplinary approaches to understand and address the physiological, psychological, and social aspects of aging. The market is expected to grow in line with increasing life expectancy and the need for sustainable aged care solutions.
The gerontology and aging market in Australia is evolving in response to the complex healthcare and social needs of an aging population. There`s a growing emphasis on preventive gerontology, focusing on lifestyle interventions, cognitive health, and mobility enhancement. Academic institutions are investing in aging research, while tech startups are introducing AI-driven aging care solutions such as smart monitoring and fall detection systems. Interdisciplinary approaches integrating sociology, psychology, and medical science are shaping policy and service frameworks tailored to Australias demographic realities.
The gerontology aging market in Australia faces challenges due to the increasing aging population, which demands a more advanced and comprehensive healthcare infrastructure. With the rise in chronic diseases and disabilities among the elderly, there is an escalating need for specialized care and geriatric healthcare professionals, which Australia currently lacks in adequate numbers. Funding constraints in the public healthcare system also limit access to necessary services for older adults. Moreover, societal attitudes toward aging and a lack of awareness about gerontological issues can hinder the development of appropriate services and products.
Australias aging population is creating a significant market for gerontology services and products. Investments in senior healthcare services, age-related care technologies, and support systems for elderly people are in high demand. With a growing market for medical devices tailored to elderly care, there are opportunities for innovation in assistive technologies, rehabilitation, and home healthcare solutions. Additionally, investment in aged care facilities and services that focus on improving quality of life for the elderly represents a growing opportunity, particularly as policies evolve to support the aging population.
With an aging population, Australias policies in the gerontology and aging market emphasize elderly care and dementia care, with funding directed toward improving the quality of life for seniors. The government invests heavily in aged care services, including home care, residential aged care, and support for elderly individuals with chronic illnesses. Policies related to workforce development in the aged care sector, along with regulations for safety and quality standards in aged care facilities, drive the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Gerontology/Aging Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Gerontology/Aging Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Gerontology/Aging Market - Industry Life Cycle |
3.4 Australia Gerontology/Aging Market - Porter's Five Forces |
3.5 Australia Gerontology/Aging Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Gerontology/Aging Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Gerontology/Aging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Gerontology/Aging Market Trends |
6 Australia Gerontology/Aging Market, By Types |
6.1 Australia Gerontology/Aging Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Gerontology/Aging Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Gerontology/Aging Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.4 Australia Gerontology/Aging Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.1.5 Australia Gerontology/Aging Market Revenues & Volume, By Assistive Devices, 2021- 2031F |
6.1.6 Australia Gerontology/Aging Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Gerontology/Aging Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Australia Gerontology/Aging Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Australia Gerontology/Aging Market Revenues & Volume, By Clinics, 2021- 2031F |
6.2.4 Australia Gerontology/Aging Market Revenues & Volume, By Long-term Care Facilities, 2021- 2031F |
6.2.5 Australia Gerontology/Aging Market Revenues & Volume, By Home Care, 2021- 2031F |
7 Australia Gerontology/Aging Market Import-Export Trade Statistics |
7.1 Australia Gerontology/Aging Market Export to Major Countries |
7.2 Australia Gerontology/Aging Market Imports from Major Countries |
8 Australia Gerontology/Aging Market Key Performance Indicators |
9 Australia Gerontology/Aging Market - Opportunity Assessment |
9.1 Australia Gerontology/Aging Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Gerontology/Aging Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Gerontology/Aging Market - Competitive Landscape |
10.1 Australia Gerontology/Aging Market Revenue Share, By Companies, 2024 |
10.2 Australia Gerontology/Aging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |