In 2024, the share of the Malaysian population aged over 65 years was at *** percent, an increase compared to *** percent in the previous year. Malaysia is currently facing the prospect of an aging population, and the latest statistical data predicted this to be happening as soon as in 2030. Aging population by 2030? An aging population is defined as one in which those aged 65 years and above make up at least 15 percent of the total population. According to a statement by Malaysia’s Chief Statistician in July 2019, the 15 percent threshold would be crossed in 2030. The past ten years have seen a change in Malaysia’s age structure. The share of the population between 0 and 14 years had been decreasing steadily, while the inverse was true for those aged 65 and above. The average age of the Malaysian population reflected this trend, and was expected to reach **** years in 2030, up from **** years in 2015. Is Malaysia ready for an aging society? Academics fear that Malaysian society would not be ready to meet the needs of a rapidly aging society. In a survey on aging, more than ** percent of Malaysian respondents felt that it was the duty of the young to take care of the elderly. This mindset places the burden of care on a shrinking base of young people. Not only that, it could contribute to the underdevelopment of social services for the elderly. Already, more Malaysians seemed pessimistic about aging. Existing problems such as a lack of professional caregivers, affordable care, and elderly-friendly housing, especially in rural areas, need to be quickly addressed before the silver tsunami overwhelms the country.

In Malaysia Elderly Care Market, It is expanding rapidly due to the rising aging population, increasing prevalence of chronic diseases, and growing demand for long-term care solutions.

Malaysia Age Dependency Ratio: % of Working-Age Population: Old data was reported at 9.068 % in 2017. This records an increase from the previous number of 8.768 % for 2016. Malaysia Age Dependency Ratio: % of Working-Age Population: Old data is updated yearly, averaging 6.383 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.068 % in 2017 and a record low of 6.210 % in 1999. Malaysia Age Dependency Ratio: % of Working-Age Population: Old data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Population and Urbanization Statistics. Age dependency ratio, old, is the ratio of older dependents--people older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.; ; World Bank staff estimates based on age distributions of United Nations Population Division's World Population Prospects: 2017 Revision.; Weighted average;

The population in Malaysia grew to 32.45 million people in 2020. This is in line with a steady positive trend that has been happening since at least 2016 and is forecast to continue until at least 2030, as well as with the growth rates in other ASEAN countries. Malaysian demographics As the fertility rate slowly declines, the population growth rate should slowly decline as well. However, since life expectancy is also slowly increasing, this can still fuel population growth, as we see in this statistic. In Malaysia, this is leading to a healthy age structure, with a large group of working-age people who are able to support a smaller number of old and young people. Economic effects A growing population should lead to an increasing gross domestic product (GDP), simply because more people means more consumers and workers. This is especially effective if the country is at full employment. Given the generally low level of unemployment in Malaysia, it is fairly safe to assume that this is true.

Malaysia Population: Total: Aged 65 and Above data was reported at 1,989,989.000 Person in 2017. This records an increase from the previous number of 1,895,030.000 Person for 2016. Malaysia Population: Total: Aged 65 and Above data is updated yearly, averaging 637,502.000 Person from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,989,989.000 Person in 2017 and a record low of 279,857.000 Person in 1960. Malaysia Population: Total: Aged 65 and Above data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Population and Urbanization Statistics. Total population 65 years of age or older. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.; ; World Bank staff estimates using the World Bank's total population and age/sex distributions of the United Nations Population Division's World Population Prospects: 2017 Revision.; Sum;

The median age of the population in Malaysia is expected to reach 29.5 years in 2020, meaning that half of the population will be younger than this age and half will be older. Malaysia had an estimated population of 32.52 million in 2019, in line with a steady rise expected to continue through at least 2027. The average age has increased since its low point of 15.6 years in 1965 and is projected to increase to around 48 years by 2100.

Implications of average age

Average age is a single index that summarizes the age distribution of a population. In recent years, around 69 percent of the population in Malaysia has been aged between 15-64 years. This suggests that millions of Malaysians are of working age, and most are working: Malaysia has a relatively low unemployment rate at 3.36 percent as of 2018. Malaysia is considered to have one of the strongest economies in the region. The Malaysian economy

Malaysia’s gross domestic product (GDP) is estimated to be around 373 billion U.S. dollars, with services and industry being the economic sectors with the greatest shares in GDP generation. The Malaysian economy is fueled by its natural resources, though its commerce and technology sectors have also expanded. Malaysia’s trade balance has been positive consistently for the last decade, i.e. the country has consistently reported trade surplus.

Malaysia Residential Elevators Market size was valued at USD 78.8 Million in 2024 and is projected to reach USD 123.7 Million by 2032, growing at a CAGR of 5.8% during the forecast period 2026 to 2032. Malaysia Residential Elevators Market Drivers:The Market drivers for the Malaysia residential elevators market can be influenced by various factors. These may include:Increasing Aging Population Demographics: The Malaysian increase in elderly population, particularly in urban areas, increases demand for efficient residential elevator systems that handle mobility challenges and accessibility requirements while reducing dependency on multi-story navigation difficulties.Rising Property Value Enhancement Needs: As luxury residential developments grow more sophisticated, property developers are investing in advanced elevator technologies that include smart controls, energy-efficient systems, and premium finishes to differentiate their offerings.

IntroductionAs Malaysia transitions into an ageing society, older adults increasingly face challenges in acquiring digital literacy, which impacts their ability to engage with essential online services, financial transactions, healthcare applications and communication platforms. The percentage of individuals aged 65 and above in Malaysia rose from 7.2% in 2022 to 7.4% in 2023, highlighting the growing needs for digital inclusion among this demographic. While internet adoption among older individuals is increasing, many still struggle due to psychological, cognitive, and physical barriers. Factors such as low self-efficacy, fear of complexity, and age-related physical limitations hinder their effective use of digital applications. Despite government initiatives such as MyDigital and the Malaysia Digital Economy Blueprint, gaps in digital literacy persist among older adults. Research suggests that intergenerational programs (IPs), where younger individuals assist older adults in learning digital skills, can bridge this gap. These programs promote collaborative learning, reduce social isolation, and foster meaningful intergenerational relationships. However, existing instructional strategies within IPs often fail to accommodate the specific learning needs and preferences of older adults, limiting their effectiveness. Addressing these instructional gaps is essential to ensuring older adults’ successful integration into the digital world.AimsThis study aims to investigate the preferences of older adult individuals in Malaysia regarding digital applications and to propose effective intergenerational instructional strategies that enhance their digital learning experiences.MethodsThis qualitative study explores older adults’ preferences for digital applications and their experiences with intergenerational instructional strategies in Malaysia. A total of 26 older adults and 13 young instructors participated in digital applications workshops at two Pusat Aktiviti Warga Emas (PAWE) centres on August, 2024. Older adults were paired with young instructors in small groups to guide them in using digital applications through hands-on learning. Data collection involved semi-structured interviews before and after the sessions, as well as observations. Thematic analysis is used to analyse interview data, identifying key insights into improving digital learning for older adults in Malaysia.ResultsThe study, conducted at two PAWE centres in Perak, Malaysia, explored intergenerational digital learning between 26 older adults (ages 59–82) and 13 young instructors (ages 20–24). Findings highlight the importance of structured instructional strategies, including interactive learning, direct instruction, and clear communication, to enhance digital literacy among older adults. Personalized learning approaches, small group discussions, and adapting content to individual needs improve engagement and comprehension. Smartphone familiarity plays a key role, with participants favouring WhatsApp and Facebook for communication. Older adults face challenges such as fear of complexity, physical limitations, and security concerns, while young instructors benefit from training to improve communication and instructional skills. The program fosters confidence, intergenerational bonding, and digital inclusion, demonstrating the value of tailored learning strategies in bridging the digital divide.

Malaysia Population: as % of Total: Female: Aged 65 and Above data was reported at 6.713 % in 2017. This records an increase from the previous number of 6.487 % for 2016. Malaysia Population: as % of Total: Female: Aged 65 and Above data is updated yearly, averaging 3.868 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 6.713 % in 2017 and a record low of 3.182 % in 1965. Malaysia Population: as % of Total: Female: Aged 65 and Above data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Population and Urbanization Statistics. Female population 65 years of age or older as a percentage of the total female population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.; ; World Bank staff estimates based on age/sex distributions of United Nations Population Division's World Population Prospects: 2017 Revision.; Weighted average; Relevance to gender indicator: Knowing how many girls, adolescents and women there are in a population helps a country in determining its provision of services.

Medical Travel Companion Market Outlook

The global medical travel companion market size was valued at USD 1.2 billion in 2023 and is forecasted to grow to USD 2.5 billion by 2032, exhibiting a robust CAGR of 8.5% during the forecast period. A significant growth factor driving this market forward is the increasing aging population worldwide, necessitating enhanced care during travel. The market's expansion is also fueled by the rising prevalence of chronic diseases, which require continuous medical support, even during travel. Additionally, the burgeoning healthcare tourism industry is significantly contributing to the growth of the medical travel companion market.

One of the primary growth drivers of the medical travel companion market is the increasing aging population. According to the World Health Organization (WHO), the global population aged 60 years and older is expected to total 2 billion by 2050, up from 900 million in 2015. This demographic shift is creating a substantial demand for travel companions who can provide essential medical support during journeys, ensuring the safety and comfort of elderly travelers. The rising life expectancy and the desire among senior citizens to travel have further bolstered the need for professional medical travel companions.

Another critical growth factor is the surge in chronic illnesses. The global burden of chronic diseases, such as diabetes, cardiovascular diseases, and respiratory disorders, is increasing at an alarming rate. The Centers for Disease Control and Prevention (CDC) states that chronic diseases are the leading causes of death and disability worldwide. Patients suffering from these conditions often require continuous medical care, making the services of medical travel companions indispensable. These professionals ensure that patients receive the necessary medical attention and support during their travels, thereby enhancing their travel experience and ensuring their safety.

The healthcare tourism industry is experiencing exponential growth, significantly contributing to the medical travel companion market. Countries like India, Thailand, Malaysia, and Mexico have become popular destinations for medical tourism due to the availability of high-quality healthcare services at affordable prices. Patients traveling to these destinations for medical treatments often require the services of medical travel companions to manage their healthcare needs during the journey. The increasing awareness of healthcare tourism and the availability of cost-effective medical treatments in foreign countries are expected to drive the demand for medical travel companions further.

Outbound Medical Tourism Services are becoming an integral part of the healthcare landscape, as more patients seek medical treatments abroad. This trend is driven by the pursuit of affordable healthcare solutions and access to specialized medical procedures that may not be available in their home countries. Countries like India, Thailand, and Malaysia are at the forefront of this movement, offering world-class medical facilities at a fraction of the cost compared to Western nations. As a result, there is a growing need for medical travel companions who can provide essential support and ensure the well-being of patients during their medical journeys. These services not only enhance the travel experience but also provide peace of mind to patients and their families, knowing that professional care is readily available.

Regionally, the market's growth is prominent in North America, Europe, and the Asia Pacific. North America holds a significant share of the market due to the well-established healthcare infrastructure and the high disposable income of the population. Europe is also witnessing substantial growth, driven by its aging population and the rising prevalence of chronic diseases. The Asia Pacific region is expected to exhibit the highest CAGR during the forecast period, owing to the booming medical tourism industry and the increasing awareness of the benefits of medical travel companions. Government initiatives in these regions to promote healthcare tourism are further propelling market growth.

Service Type Analysis

The medical travel companion market is segmented by service type into personal care attendants, medical escorts, travel nurses, and others. Personal care attendants are

Malaysia Bank Account Ownership at a Financial Institution or with a Mobile-Money-Service Provider: % of Population Aged 25+ data was reported at 85.817 % in 2017. This records an increase from the previous number of 81.952 % for 2014. Malaysia Bank Account Ownership at a Financial Institution or with a Mobile-Money-Service Provider: % of Population Aged 25+ data is updated yearly, averaging 81.952 % from Dec 2011 (Median) to 2017, with 3 observations. The data reached an all-time high of 85.817 % in 2017 and a record low of 70.452 % in 2011. Malaysia Bank Account Ownership at a Financial Institution or with a Mobile-Money-Service Provider: % of Population Aged 25+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Bank Account Ownership. Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (older adults, % of population ages 25+).; ; Demirguc-Kunt et al., 2018, Global Financial Inclusion Database, World Bank.; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).

In 2022, there were approximately ** million adults in Malaysia, an increase from around ***** million adults in the previous year. Adults here are classified as individuals above the age of 18 years.

Malaysia Over-Age Students: Primary: % of Enrollment data was reported at 0.248 % in 2016. This records an increase from the previous number of 0.246 % for 2015. Malaysia Over-Age Students: Primary: % of Enrollment data is updated yearly, averaging 0.247 % from Dec 1970 (Median) to 2016, with 20 observations. The data reached an all-time high of 0.627 % in 1970 and a record low of 0.000 % in 2004. Malaysia Over-Age Students: Primary: % of Enrollment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Education Statistics. Over-age students are the percentage of those enrolled who are older than the official school-age range for primary education.; ; UNESCO Institute for Statistics; ;

Malaysia Diabetes Drugs Market size was valued at USD 0.37 Billion in 2024 and is expected to reach USD 0.49 Billion by 2032, growing at a CAGR of 3.5% from 2025 to 2032.

Malaysia Diabetes Drugs Market Drivers

Growing Diabetes Prevalence: Urbanisation, unhealthy lifestyles, bad eating habits, and a lack of physical activity are some of the causes contributing to Malaysia's rising diabetes prevalence. The high prevalence of obesity in the nation also raises the number of type 2 diabetes cases, which raises the need for medications to treat the disease.

Ageing Population: Diabetes is predicted to become more common as Malaysia's population ages, particularly among the elderly. Diabetes and other chronic illnesses are increasingly common in the elderly, which increases the need for drugs and therapies.

Improvements in diabetic Treatments: Patients now have more alternatives for treatment thanks to the launch of novel medicines and the creation of new classes of diabetic drugs, such as SGLT-2 inhibitors and GLP-1 receptor agonists.

The size of the Malaysia Oral Anti-Diabetic Drug market was valued at USD 274 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 3.00% during the forecast period.Oral anti-diabetic drugs are those used in the management of type 2 diabetes mellitus. They either stimulate insulin production, enhance the sensitivity of the patient to insulin, or decrease the absorption of glucose from the intestines. There are biguanides, sulfonylureas, thiazolidinediones, alpha-glucosidase inhibitors, dipeptidyl peptidase-4 (DPP-4) inhibitors, and sodium-glucose cotransporter-2 (SGLT-2) inhibitors as classes of oral anti-diabetic drugs.According to studies, for example, the incidence rate of type 2 diabetes continues to rise across Malaysia characterized by an age-gyrating population increase at geriatric levels. Indeed, unhealthy diet and lack of active lifestyle are increasing concerns all over the world. The elderly now contribute significantly to Malaysia, resulting in a sharp incidence rate of type 2 diabetes. The market therefore calls for oral anti-diabetic drugs.Generic oral anti-diabetic drugs are more in the market in Malaysia and cost-friendly compared to branded drugs. Newer and more effective drugs, such as DPP-4 inhibitors and SGLT-2 inhibitors, are also increasingly sought. In this ever-changing scenario of healthcare in Malaysia, the oral anti-diabetic drug market will similarly advance and change. Recent developments include: June 2023: The FDA has approved the drugs Jardiance and Synjardy to be taken by children ages 10 and older who have type 2 diabetes., May 2022: Tirzepatide (Mounjaro) was approved for treating Type 2 diabetes in adults. Tirzepatide's FDA approval marks the first in a new class of diabetes medications: a dual GIP/GLP-1 receptor agonist.. Key drivers for this market are: Increasing Geriatric Population and Changing Dietary Habits, High Prevalence of Irritable bowel syndrome with constipation (IBS-C) and Opioid-induced constipation (OIC) and Chronic Constipation; Development of Latest Drugs and Treatment Procedures. Potential restraints include: Increasing Dependence on Majority of Over-the-Counter (OTC) Drugs, Lack of Awareness and Reluctance Among Patients due to Adverse Effects of Opioid-Induced Constipation (OIC) Drugs. Notable trends are: Sulfonylurea Segment Occupied the Highest Market Share in the Malaysia Oral Anti-Diabetic Drugs Market in the current year..

Malaysia Advanced Wound Care Market size was valued at USD 1.6 Billion in 2023 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% during the forecast period 2024-2030.

Malaysia Advanced Wound Care Market Drivers

The market drivers for the Malaysia Advanced Wound Care Market can be influenced by various factors. These may include:

Growing Prevalence of Chronic Wounds: In Malaysia, the need for advanced wound care products is driven by the growing prevalence of chronic wounds, including pressure ulcers, venous leg ulcers, and diabetic foot ulcers. The prevalence of diabetes, lifestyle disorders, and an aging population are some of the factors that add to the rising cost of chronic wounds.

Growing Geriatric Population: Malaysia is going through demographic changes, similar to many other nations, with a growing percentage of its population becoming aged. The need for sophisticated wound care products and services is being driven by the higher prevalence of chronic diseases and other ailments in older populations, which can result in non-healing wounds.

Technological Developments in Wound Care: The creation of sophisticated dressings, negative pressure wound therapy (NPWT), and bioengineered skin substitutes are just a few examples of the ongoing technological developments in wound care that are fueling the expansion of the advanced wound care market in Malaysia. These advancements provide quicker healing times, better patient comfort, and better healing results.

Government programs and Healthcare Investments: The development of Malaysia's advanced wound care market is largely due to government programs that improve access to sophisticated medical treatments and the infrastructure supporting healthcare. The growth of the market is aided by investments in medical facilities, professional training courses, and medical device subsidies.

Growing Knowledge about Wound treatment: The availability of cutting-edge wound care solutions and the growing understanding of the value of appropriate wound treatment among patients and healthcare professionals both support market expansion. Adoption of advanced wound care products is encouraged and awareness raised by educational programs, seminars, and campaigns centered around best practices in wound care.

Growing Healthcare Expenditure: The adoption of sophisticated wound care products and services is supported by Malaysia's growing healthcare expenditure, which is fueled by the country's economic growth, rising earnings, and expanding insurance coverage. In order to improve clinical results and quality of life, patients and healthcare professionals are becoming more and more eager to invest in cutting-edge wound care treatments.

High Diabetes Incidence: Diabetes is a major risk factor for chronic wounds like diabetic foot ulcers, and it is notably prevalent in Malaysia. The need for sophisticated wound care solutions specifically designed to manage diabetic wounds is growing as the prevalence of diabetes rises as a result of shifting dietary and lifestyle patterns.

Expansion of Home Healthcare Services: There are prospects for the adoption of cutting-edge wound care products that are appropriate for use in home settings due to the growing trend towards home-based healthcare services, including wound care management. Solutions that allow for more comfort and convenience at home and promote efficient wound healing are sought after by patients and caregivers.

Malaysia Labour Force Participation Rate: Modeled ILO Estimate: Male: % of Male Population Aged 15+ data was reported at 77.346 % in 2017. This records an increase from the previous number of 77.138 % for 2016. Malaysia Labour Force Participation Rate: Modeled ILO Estimate: Male: % of Male Population Aged 15+ data is updated yearly, averaging 77.666 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 78.910 % in 1990 and a record low of 76.139 % in 2010. Malaysia Labour Force Participation Rate: Modeled ILO Estimate: Male: % of Male Population Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Labour Force. Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.; ; International Labour Organization, ILOSTAT database. Data retrieved in September 2018.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections. National estimates are also available in the WDI database. Caution should be used when comparing ILO estimates with national estimates.

Malaysia Prevalence of Stunting: Height for Age: % of Children Under 5 data was reported at 20.700 % in 2016. This records an increase from the previous number of 17.700 % for 2015. Malaysia Prevalence of Stunting: Height for Age: % of Children Under 5 data is updated yearly, averaging 19.200 % from Dec 1999 (Median) to 2016, with 4 observations. The data reached an all-time high of 20.700 % in 2016 and a record low of 17.200 % in 2006. Malaysia Prevalence of Stunting: Height for Age: % of Children Under 5 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Health Statistics. Prevalence of stunting is the percentage of children under age 5 whose height for age is more than two standard deviations below the median for the international reference population ages 0-59 months. For children up to two years old height is measured by recumbent length. For older children height is measured by stature while standing. The data are based on the WHO's new child growth standards released in 2006.; ; UNICEF, WHO, World Bank: Joint child malnutrition estimates (JME). Aggregation is based on UNICEF, WHO, and the World Bank harmonized dataset (adjusted, comparable data) and methodology.; Linear mixed-effect model estimates; Undernourished children have lower resistance to infection and are more likely to die from common childhood ailments such as diarrheal diseases and respiratory infections. Frequent illness saps the nutritional status of those who survive, locking them into a vicious cycle of recurring sickness and faltering growth (UNICEF, www.childinfo.org). Estimates of child malnutrition, based on prevalence of underweight and stunting, are from national survey data. The proportion of underweight children is the most common malnutrition indicator. Being even mildly underweight increases the risk of death and inhibits cognitive development in children. And it perpetuates the problem across generations, as malnourished women are more likely to have low-birth-weight babies. Stunting, or being below median height for age, is often used as a proxy for multifaceted deprivation and as an indicator of long-term changes in malnutrition.

Malaysia Employment To Population Ratio: Modeled ILO Estimate: Aged 15+ data was reported at 62.310 % in 2017. This records an increase from the previous number of 62.110 % for 2016. Malaysia Employment To Population Ratio: Modeled ILO Estimate: Aged 15+ data is updated yearly, averaging 59.871 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 62.325 % in 2015 and a record low of 58.139 % in 2008. Malaysia Employment To Population Ratio: Modeled ILO Estimate: Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Employment and Unemployment. Employment to population ratio is the proportion of a country's population that is employed. Employment is defined as persons of working age who, during a short reference period, were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period (i.e. who worked in a job for at least one hour) or not at work due to temporary absence from a job, or to working-time arrangements. Ages 15 and older are generally considered the working-age population.; ; International Labour Organization, ILOSTAT database. Data retrieved in September 2018.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections. National estimates are also available in the WDI database. Caution should be used when comparing ILO estimates with national estimates.

In 2020, there were *** million housing units in Malaysia. To keep up with the demands of an increasing number of households in Malaysia, sufficient living quarters need to be built. Living quarters also included student hostels, workers hostels, care centers for the elderly, prisons, and medical institutions.