Ask yourself: “How will my elderly day look like”?
The aging population is rapidly growing, with those over 65 outnumbering those under 5 for the first time in 2019. Today, over-65s represent around 10% of the global population, a figure expected to rise further. This surge in elderly individuals has created a rising demand for Assisted Living facilities, surpassing supply and resulting in a market valued at approximately USD 23.5 billion in 2020. Projections suggest an annual growth rate of 5.4% from 2021 to 2028.
Care providers struggle to meet demand because they rely on manual processes and face a shortage of qualified professionals. This leaves many elderly individuals without access to sufficient homecare services.
And the worst is still to come. Ask yourself: how will your elderly day look like?
To address these challenges, MagicView introduces an innovative digital platform, supporting provisioning of elderly care in a data driven way, so that the right care can be supplied fitting each individual need, at minimal cost and with better staff effectivity.
