Aging of The Old World

The world is experiencing a major demographic shift with an increasing elderly population in
many regions, particularly developed countries. By 2050, the number of people aged 70+ are
projected to be more than double that of those in their twenties in Japan. In the U.S., due to a
high rate of immigration, the number of people aged 60+ is expected to equal those aged 20-
30. In some developing countries, such as Nigeria, the population aged 40-60 is estimated to
grow too. This shift in demographics will require significant changes in policies and public
services - particularly healthcare - as well as modifications to nursing services and practices.

Advances in medical technology have significantly contributed to extending life expectancies

and are continuously evolving with age; however, this comes at a large cost for economies
worldwide. For example, 12.5% of the U.S population being over 60 requires up to 40% of
national healthcare resources which far exceeds what immigrants can replenish due to
declining birth rates among them. Consequently, it is crucial for governments and policy
makers to allocate existing funds effectively across both medical technologies developments
and nursing care facilities that cater towards an ageing populace.

Humanity continues to face a major demographic transition with population aging taking
place across many countries around the world, particularly in the more developed nations.
For instance, projections have shown that by 2050, Japan's population in their 70s will be
twice larger than that of those in their twenties. Meanwhile, the United States could
potentially see an equal amount of people aged 20-30 and 60+ due to the slowing birth rate
among immigrants. Even less developed countries such as Nigeria are facing similar trends in
which the number of citizens age 40-60 is expected to grow dramatically by then.