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Market Insight

About Australia Aged Care industry

There are over 1.3 million consumers of aged care products & services

More than 450,000 individuals in the aged care workforce

227,534 operational residential and flexible aged care beds

~$21.2 billion in Australian Government expenditure out of $30b+ spent every year

Source: Royal Commission into Aged Care Quality and Safety Final Report 2021

Australia’s population is quickly aging

2019: 4 vs 1
4.2 working age (15–64 years) people for every Australian aged 65 years or over

2058: 3 vs 1
3.1 working age (15–64 years) people for every Australian aged 65 years or over

There is a shortage of aged care workers​ ​ ​

Residential aged care providers employed 24.2% more personal care attendants compared to 2007, while hiring 11.3% fewer allied health staff, 3.9% fewer enrolled nurses and 1.8% fewer registered nurses.​

Close to two in three (63.2%) aged care facilities with direct staff cited they had a skills shortage, with this figure rising to 87.8% in very remote areas.

Residents demand greater​ lifestyle amenities​

The Role of Technology in Aged Care

Royal Commission Final Report:

…Data and research will help to inform and evaluate the delivery of aged care, and to support the adoption of improved models of care and new technologies.

Technology is essential to providing high- quality aged care during the COVID-19 pandemic and after it.

75%
Aged Care Resident

66%
Decision Makers

Providers use technology to improve the speed and efficiency of care.

61%
Aged Care Resident

52%
Decision Makers

There are access, substandard and systemic problems in aged care system

  • Lack of transparency
  • Useful and relevant information hard to come by
  • Inadequate funding
  • Lack of equity in Access
  • Abuse
  • Absence of strong consumer voice
  • Absence of system leadership & governance
  • Poor access to health care
  • Substandard Care
  • Workforce under-staffed and staff are under-trained
  • Variable provider governance and behaviour

Reform A New Aged Care System - Focus Themes

  • Dignity & Respect
  • Control & Choice
  • Put older people first
  • Relationships and connection to communities
  • Good quality of life
  • Aging at home
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Lewis Henderson
UI/UX Designer, Artbees Themes
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John Smith
UI/UX Designer, Artbees Themes
OUR professional team member

Take a look to our professional team members.

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Kenneth Patton

Team Leader
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Isabelle Sandoval

Founder & CEO
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Danny Joseph

Member
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Ray McCarthy

Member