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Asia Summit 2023

Supporting a Caring Economy: Technology and Innovation Across the Asia Pacific Region

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People across Asia are living longer lives. By 2050, it is projected that one in four people in the region will be over 60 years old, nearly 1.3 billion people. Family caregivers play a vital role in supporting these older adults when they need assistance and often grapple with how best to care for their loved ones while balancing jobs and other responsibilities. While this demographic shift poses a challenge to the region’s ability to provide high-quality care and social services, it will also drive the growth of a technology-driven eldercare market, projected to generate US$76 billion in global spending by 2032. This panel will explore innovative technology solutions and social programs as well as immigration policies needed to better support caregivers across the Asia-Pacific region, elevating bright spots and opportunities to leverage efforts. 

    Moderator

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    Diane Ty

    Senior Director, Future of Aging, Milken Institute

    Speakers

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    Angelique Chan

    Executive Director of the Centre for Ageing Research and Education, Duke-NUS Medical School
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    Ricky Choi

    Head, US Digital Health, Samsung Electronics America, Inc., Samsung Electronics
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    Kwang Cheak Tan

    CEO, Agency for Integrated Care
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    Mary Ann Tsao

    Chairwoman, Tsao Foundation, Singapore