The Ageing Population Crisis | SoundHeal

The world is experiencing a significant shift in population demographics, with the proportion of older adults increasing dramatically. By 2050, the global population of people aged 60 and over is projected to reach 2.1 billion, up from 900 million in 2015, according to the United Nations. This trend is driven by declining fertility rates and increased life expectancy, with the average global lifespan rising by 5.5 years between 2000 and 2019. The ageing population poses significant challenges, including strain on pension systems, healthcare, and social security, with the World Health Organization estimating that the global cost of dementia alone will reach $2 trillion by 2030. As the population ages, there will be a growing need for age-friendly infrastructure, healthcare services, and social support systems. The World Bank has warned that the ageing population could lead to a decline in economic growth, with a projected 10% decrease in GDP per capita by 2050 if left unaddressed.