Financial overview and grant giving statistics of American Aging Association Inc.

In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.

The Survey on Health, Well-Being, and Aging in Latin America and the Caribbean (Project SABE) was conducted during 1999 and 2000 to examine health conditions and functional limitations of persons aged 60 and older in the countries of Argentina, Barbados, Brazil, Chile, Cuba, Mexico, and Uruguay, with special focus on persons over 80 years of age. Project SABE was administered in the official language of each country: Spanish in Buenos Aires (Argentina), Mexico City (Mexico), Santiago (Chile), Havana (Cuba), and Montevideo (Uruguay), English in Bridgetown (Barbados), and Portuguese in Sao Paulo (Brazil). Goals of the project were to (a) describe the health conditions of older adults (aged 60 and older with special focus on persons over 80) with regard to chronic and acute diseases, disability, and physical and mental impairment, (b) evaluate the extent to which older adults used and had access to health care services, including services that are outside the formal system (local healers, traditional medicine), (c) evaluate the proportional contribution by principal sources of support -- relatives and family networks, public assistance, and private resources (income, assets) -- towards meeting the health-related needs of older adults, (d) evaluate access to health insurance offered by private organizations, governmental institutions, and mixed systems, as well as the extent to which that insurance was actually used, (e) analyze the differentials in the self-evaluation of health conditions, access to health care, and sources of support with regard to socioeconomic group, gender, and birth cohort, (f) evaluate the relationships between strategic factors -- health-related behavior, occupational background, socioeconomic status, gender, and cohort -- and health conditions, according to the health evaluation at the time of the survey, and (g) carry out comparative analyses in countries that share similar characteristics but that differ with regard to such factors as the role of family support, public assistance, access to health services, and health-related behavior and exposure to risk. Demographic variables include age, sex, race, level of education, birthplace, religion, ethnic group, marital status, and income. Also examined were cognitive status, health status, functional status, nutritional status, and use and accessibility of services

A data set of a multicohort study of persons 70 years of age and over designed primarily to measure changes in the health, functional status, living arrangements, and health services utilization of two cohorts of Americans as they move into and through the oldest ages. The project is comprised of four surveys: * The 1984 Supplement on Aging (SOA) * The 1984-1990 Longitudinal Study of Aging (LSOA) * The 1994 Second Supplement on Aging (SOA II) * The 1994-2000 Second Longitudinal Study of Aging (LSOA II) The surveys, administered by the U.S. Census Bureau, provide a mechanism for monitoring the impact of proposed changes in Medicare and Medicaid and the accelerating shift toward managed care on the health status of the elderly and their patterns of health care utilization. SOA and SOA II were conducted as part of the in-person National Health Interview Survey (NHIS) of noninstitutionalized elderly people aged 55 years and over living in the United States in 1984, and at least 70 years of age in 1994, respectively. The 1984 SOA served as the baseline for the LSOA, which followed all persons who were 70 years of age and over in 1984 through three follow-up waves, conducted by telephone in 1986, 1988, and 1990. The SOA covered housing characteristics, family structure and living arrangements, relationships and social contracts, use of community services, occupation and retirement (income sources), health conditions and impairments, functional status, assistance with basic activities, utilization of health services, nursing home stays, and health opinions. Most of the questions from the SOA were repeated in the SOA II. Topics new to the SOA II included use of assistive devices and medical implants; health conditions and impairments; health behaviors; transportation; functional status, assistance with basic activities, unmet needs; utilization of health services; and nursing home stays. The major focus of the LSOA follow-up interviews was on functional status and changes that had occurred between interviews. Information was also collected on housing and living arrangements, contact with children, utilization of health services and nursing home stays, health insurance coverage, and income. LSOA II also included items on cognitive functioning, income and assets, family and childhood health, and more extensive health insurance information. The interview data are augmented by linkage to Medicare enrollment and utilization records, the National Death Index, and multiple cause-of-death records. Data Availability: Copies of the LSOA CD-ROMs are available through the NCHS or through ICPSR as Study number 8719. * Dates of Study: 1984-2000 * Study Features: Longitudinal * Sample Size: ** 1984: 16,148 (55+, SOA) ** 1984: 7,541(70+, LSOA) ** 1986: 5,151 (LSOA followup 1) ** 1988: 6,921 (LSOA followup 2) ** 1990: 5,978 (LSOA followup 3) ** 1994-6: 9,447 (LSOA II baseline) ** 1997-8: 7,998 (LSOA II wave 2) ** 1999-0: 6,465 (LSOA II wave 3) Link: * LSOA 1984-1990 ICPSR: http://www.icpsr.umich.edu/icpsrweb/ICPSR/studies/08719

This dataset was created to support the 2016 DIA (Related publication only available in Spanish). The accelerated aging process that countries in Latin America and the Caribbean are undergoing imposes unprecedented pressures on the long-term care sector. In this context, the growing demand for care from the elderly population occurs alongside a reduction in the availability of informal care. Governments in the region must prepare to address these pressures by supporting the provision of care services to alleviate social exclusion in old age. The Inter-American Development Bank has created an Observatory on Aging and Care — the focus of this policy brief — aimed at providing decision-makers with information to design policies based on available empirical evidence. In this initial phase, the Observatory seeks to document the demographic situation of countries in the region, the health of their elderly population, their limitations and dependency status, as well as their main socioeconomic characteristics. The goal is to estimate the care needs countries in the region will face. This brief summarizes the key findings from an initial analysis of the data. The results highlight the scale of the problem. The figures speak for themselves: in the region, 11% of the population aged 60 and older is dependent. Both the magnitude and intensity of dependency increase with age. Women are the most affected across all age groups. This policy brief is part of a series of studies on dependency care, including works by Caruso, Galiani, and Ibarrarán (2017); Medellín et al. (2018); López-Ortega (2018); and Aranco and Sorio (2018).

The value of anti-aging market in Latin America is forecast to reach approximately ************ U.S. dollars by 2027, up from the **** billion U.S. dollars in 2022. A compound annual growth rate (CAGR) of around **** percent is expected for the period. In 2021, personal hygiene products, fragrances, and hair care items were the largest segments in Latin America's beauty and personal care market.

The Silver Economy, encompassing services and products catering to the growing elderly population (60+ years), is experiencing significant expansion. Driven by increasing life expectancy, rising disposable incomes among seniors in developed nations, and a shift towards active aging, this market is projected to witness robust growth. While precise figures for market size are unavailable, considering a global elderly population exceeding one billion and a plausible average annual spend per senior, a reasonable estimate for the 2025 market size could be in the trillions of dollars. The Compound Annual Growth Rate (CAGR) remains a critical indicator, influencing future projections. Assuming a conservative CAGR of 5-7% based on similar health and wellness markets, this translates to substantial growth over the forecast period (2025-2033). Market segmentation reveals key opportunities. The "60-70 Years Old" segment likely constitutes a larger portion of the market initially, focusing on preventative health services, travel packages, and financial planning. The "Over 70 Years Old" segment will show growth in demand for healthcare, assisted living, and in-home care services. Geographical variations are substantial, with North America and Europe currently holding significant market share due to higher average life expectancies and higher per capita income in these regions. However, rapidly aging populations in Asia, particularly in China and India, represent emerging high-growth markets. Key restraints include affordability concerns for healthcare services, particularly in developing economies, and the need for governments and private companies to adapt to the unique needs and preferences of an aging populace. Successful businesses in this sector will require a thorough understanding of the diverse needs within these segments and the ability to offer innovative and personalized solutions.

The North America Anti-aging Market was valued at USD 23 Billion in 2022 as the region is a hub for the development and innovation of age-defying products.

The Research on Early Life and Aging Trends and Effects (RELATE) study compiles cross-national data that contain information that can be used to examine the effects of early life conditions on older adult health conditions, including heart disease, diabetes, obesity, functionality, mortality, and self-reported health. The complete cross sectional/longitudinal dataset (n=147,278) was compiled from major studies of older adults or households across the world that in most instances are representative of the older adult population either nationally, in major urban centers, or in provinces. It includes over 180 variables with information on demographic and geographic variables along with information about early life conditions and life course events for older adults in low, middle and high income countries. Selected variables were harmonized to facilitate cross national comparisons. In this first public release of the RELATE data, a subset of the data (n=88,273) is being released. The subset includes harmonized data of older adults from the following regions of the world: Africa (Ghana and South Africa), Asia (China, India), Latin America (Costa Rica, major cities in Latin America), and the United States (Puerto Rico, Wisconsin). This first release of the data collection is composed of 19 downloadable parts: Part 1 includes the harmonized cross-national RELATE dataset, which harmonizes data from parts 2 through 19. Specifically, parts 2 through 19 include data from Costa Rica (Part 2), Puerto Rico (Part 3), the United States (Wisconsin) (Part 4), Argentina (Part 5), Barbados (Part 6), Brazil (Part 7), Chile (Part 8), Cuba (Part 9), Mexico (Parts 10 and 15), Uruguay (Part 11), China (Parts 12, 18, and 19), Ghana (Part 13), India (Part 14), Russia (Part 16), and South Africa (Part 17). The Health and Retirement Study (HRS) was also used in the compilation of the larger RELATE data set (HRS) (N=12,527), and these data are now available for public release on the HRS data products page. To access the HRS data that are part of the RELATE data set, please see the collection notes below.

This survey was designed to obtain a clear picture of the resources, problems, needs, and preferences of the eight million elderly Americans who live alone. The questions cover not only living arrangements and demographic information, but also economic well-being, health, health care, health insurance, difficulties and fears, need for help, obtaining help, and opinions on policies that have been proposed on the behalf of the elderly. The living arrangements of those in the sample fell into three categories: approximately 30 percent lived alone, 54 percent lived with spouses, and 16 percent lived with children or others. The sample included 903 widowed women over age 65. Comparable data on a Hispanic American sample, who were interviewed with the same questionnaire, are available in NATIONAL SURVEY OF HISPANIC ELDERLY LIVING ALONE, 1988 (ICPSR 9289).

Information Security Category 1 - Public InformationDSHS ALTSA Area Agency on Aging (AAA) | Washington Association of Area Agencies on AgingAAAs were established under the Federal Older Americans Act in 1973 to help older adults (60 or older) remain in their home. AAAs are located throughout the United States and are available in every county within Washington State.AAA's help older adults plan and find additional care, services, or programs. Help can range from getting services for a frail adult so he or she can remain at home to providing access to activities and socialization through programs like senior centers. They also provide support and services to the family or friends helping to care for older adults.Tribal AAA Planning Service Area boundaries are defined using United States Census Bureau's updated 2017 American Indian Area boundaries. Non-Tribal AAA Planning Service Area boundaries are defined by subtracting the 2017 American Indian Area boundaries from the 2010 Census County boundaries for Washington State.Important: DSHS reserves the right to alter, suspend, re-host, or retire this service at any time and without notice. This is a map service that you can use in custom web applications and software products. Your use of this map service in these types of tools forms a dependency on the service definition (available fields, layers, etc.). If you form any dependency on this service, be aware of this significant risk to your purposes. You might consider mitigating your risk by extracting the source data and using it to host your own service in an environment under your control. Typically, DSHS Enterprise GIS staff will provide notification of changes via the Comments RSS capability in ArcGIS Online. You should subscribe to this RSS feed to monitor change notifications: https://www.arcgis.com/sharing/rest/content/items/0b2363ca53874a93865ff57782ca3dcf/comments?f=rss

Technological advancements in the North America Anti-aging EGF industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

People in different subgroups age at different rates. Surveys containing biomarkers can be used to assess these subgroup differences. We illustrate this using hand-grip strength to produce an easily interpretable, physical-based measure that allows us to compare characteristic-based ages across educational subgroups in the United States. Hand-grip strength has been shown to be a good predictor of future mortality and morbidity, and therefore a useful indicator of population aging. Data from the Health and Retirement Survey (HRS) were used. Two education subgroups were distinguished, those with less than a high school diploma and those with more education. Regressions on hand-grip strength were run for each sex and race using age and education, their interactions and other covariates as independent variables. Ages of identical mean hand-grip strength across education groups were compared for people in the age range 60 to 80. The hand-grip strength of 65 year old white males with less education was the equivalent to that of 69.6 (68.2, 70.9) year old white men with more education, indicating that the more educated men had aged more slowly. This is a constant characteristic age, as defined in the Sanderson and Scherbov article “The characteristics approach to the measurement of population aging” published 2013 in Population and Development Review. Sixty-five year old white females with less education had the same average hand-grip strength as 69.4 (68.2, 70.7) year old white women with more education. African-American women at ages 60 and 65 with more education also aged more slowly than their less educated counterparts. African American men with more education aged at about the same rate as those with less education. This paper expands the toolkit of those interested in population aging by showing how survey data can be used to measure the differential extent of aging across subpopulations.

The North America Anti-aging Drugs report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

Elderly individuals exhibit wide disparities in their sources of income. For those in the bottom half of the income distribution, Social Security is the most important source of support; program changes would directly affect their well-being. Income from private pensions, assets, and earnings are relatively more important for higher-income elderly individuals, who have more diverse income sources. The trend from private sector defined benefit to defined contribution pension plans has shifted responsibility for retirement security to individuals. A significant subset of the population is unlikely to be able to sustain their standard of living in retirement without higher pre-retirement saving.

Anti-Aging Market Outlook

The global anti-aging market size is projected to witness significant growth, with a market value of approximately USD 58.5 billion in 2023, forecasted to reach USD 98.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2032. The primary growth factors include rising awareness about aging signs and the increasing demand for products and services that help in maintaining a youthful appearance.

One of the critical growth factors driving the anti-aging market is the demographic shift towards an aging global population. Advances in healthcare have increased life expectancy, leading to a larger older population who are keen on maintaining their appearance and health. This trend is particularly evident in developed countries where the baby boomer generation is entering retirement age but still desires to look and feel youthful. This demographic trend is fueling the demand for a variety of anti-aging products, including skincare, haircare, and injectables.

Technological advancements and innovations in the cosmetic and pharmaceutical industries are also significant drivers of market growth. New and improved formulations for anti-aging products are continually being developed, offering better efficacy and fewer side effects. For instance, the development of non-invasive procedures and treatments such as laser therapy and microdermabrasion is gaining popularity among consumers. Moreover, the rise of personalized skincare solutions, which consider individual skin types and conditions, is further propelling market demand.

Another pivotal growth factor is the increasing disposable income and changing lifestyle patterns of consumers globally. As people have more disposable income, they are willing to spend on premium and luxury anti-aging products and services. The influence of social media and the beauty industry's emphasis on youthful appearances further drives consumers to invest in anti-aging solutions. Additionally, the growing trend of men investing in grooming and anti-aging products is expanding the market beyond its traditional target demographic of women.

Regionally, the anti-aging market exhibits varied growth patterns. North America and Europe are currently the largest markets due to high consumer awareness and significant disposable income. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period. This growth is driven by a burgeoning middle class, increasing urbanization, and a growing beauty consciousness among consumers. Markets in Latin America and the Middle East & Africa are also showing potential, although they currently represent smaller market shares compared to other regions.

Product Type Analysis

The anti-aging market is segmented by product type into skincare, haircare, injectables, devices, and others. Skincare remains the dominant segment, owing to the broad range of products available, including creams, serums, and lotions designed to reduce wrinkles, fine lines, and other signs of aging. The increasing popularity of natural and organic skincare products is also contributing to the growth of this segment. Consumers are becoming more ingredient-conscious, seeking out products that promise efficacy with minimal side effects.

Haircare is another crucial segment within the anti-aging market, addressing concerns such as hair thinning, graying, and loss of volume. Anti-aging haircare products often include shampoos, conditioners, and treatments formulated with ingredients that promote hair health and combat the signs of aging. The demand for these products is driven by the aging population and the desire to maintain a youthful appearance overall, including healthy, vibrant hair.

Injectables, including Botox and dermal fillers, have seen substantial growth due to their effectiveness in providing immediate results with minimal downtime. These treatments are popular among consumers who seek quick and noticeable improvements in their appearance. The increasing acceptance of aesthetic procedures and the availability of trained professionals are further pushing the growth of this segment. Additionally, advancements in injectable technology have led to the development of products that offer more natural-looking results and longer-lasting effects.

Devices used for anti-aging treatments, such as lasers, radiofrequency devices, and microdermabrasion machines, represent another significant segment. These devices are often used in professional settings, such as derma

Gerontology Aging Market Outlook

The global gerontology aging market size was valued at USD 780 billion in 2023 and is projected to reach USD 1,350 billion by 2032, growing at a CAGR of 6.3% during the forecast period. This robust growth is primarily driven by the increasing aging population worldwide, advancements in medical technology, and rising awareness about the importance of elderly care.

One of the primary growth factors for the gerontology aging market is the rapidly increasing elderly population across the globe. With advancements in healthcare, life expectancy has significantly increased, resulting in a higher percentage of the population being aged 65 and above. The World Health Organization (WHO) estimates that by 2050, the global population aged 60 years and older will total 2 billion, up from 900 million in 2015. This demographic shift necessitates enhanced geriatric care services and facilities, thus fueling market growth.

Another significant driver is the rising prevalence of chronic diseases among the elderly. Conditions such as arthritis, diabetes, cardiovascular diseases, and dementia are more common in older adults. Managing these chronic illnesses requires specialized care and services, which contributes to the expansion of the gerontology aging market. Additionally, the increasing awareness and focus on preventive healthcare measures among the elderly population is pushing the demand for wellness and prevention services.

Technological advancements in healthcare are also playing a crucial role in the growth of the gerontology aging market. Innovations such as telemedicine, remote patient monitoring, and electronic health records are enhancing the quality of care for the elderly. These technologies enable continuous monitoring of health conditions, timely medical interventions, and better management of chronic diseases, thereby improving the overall healthcare experience for the aging population.

Regionally, North America holds a significant share of the gerontology aging market due to its advanced healthcare infrastructure, high healthcare expenditure, and the presence of major market players. Europe follows closely, driven by a large elderly population and government initiatives supporting elderly care. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, attributed to the increasing aging population, improving healthcare infrastructure, and rising healthcare awareness.

Service Type Analysis

The gerontology aging market is segmented by service type into home care, adult day care, and institutional care. Each of these services addresses different needs and preferences of the elderly population, contributing uniquely to the market's growth.

Home care services are gaining popularity due to the preference for aging in place among the elderly. These services include personal care, medical care, and assistance with daily activities, allowing older adults to stay in their homes while receiving necessary support. The convenience and comfort of home care, coupled with technological advancements such as telehealth and home monitoring systems, are driving the growth of this segment.

Adult day care services provide a safe and supportive environment for elderly individuals during the day, offering social activities, meals, and healthcare services. These facilities are particularly beneficial for older adults who require supervision and assistance but do not need full-time residential care. The increasing number of dual-income families and the need for respite care for caregivers are significant factors contributing to the growth of the adult day care segment.

Institutional care, which includes nursing homes and assisted living facilities, remains a crucial component of the gerontology aging market. These institutions provide comprehensive care for elderly individuals who require constant medical attention and support. The demand for institutional care is driven by the rising prevalence of chronic diseases and the need for specialized care that cannot be provided at home. Additionally, the development of advanced facilities with specialized units for conditions like dementia and Alzheimer’s disease is boosting this segment.

Report Scope

The North America Anti-aging Ingredients report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

In 2022, the state with the highest median age of its population was Maine at 45.1 years. Utah had the lowest median age at 32.1 years. View the distribution of the U.S. population by ethnicity here.

Additional information on the aging population in the United States

High birth rates during the so-called baby boom years that followed World War II followed by lower fertility and morality rates have left the United States with a serious challenge in the 21st Century. However, the issue of an aging population is certainly not an issue unique to the United States. The age distribution of the global population shows that other parts of the world face a similar issue.

Within the United States, the uneven distribution of populations aged 65 years and over among states offers both major challenges and potential solutions. On the one hand, federal action over the issue may be contentious as other states are set to harbor the costs of elderly care in states such as California and Florida. That said, domestic migration from comparably younger states may help to fill gaps in the workforce left by retirees in others.

Nonetheless, aging population issues are set to gain further prominence in the political and economic decisions made by policymakers regardless of the eventual distribution of America’s elderly. Analysis of the financial concerns of Americans by age shows many young people still decades from retirement hold strong concern over their eventual financial position.

North America Anti aging Products held the major market of more than 40% of the global revenue with a market size of USD 70378.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030.