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Ageing Industry
The Ageing Industry Three- Dimensional Chain Theory gives a whole picture of the Ageing Industry by classifying the Ageing Industry into three big sections: core, relevant, and derivative sections, to explain the internal logic of the relationship between the three sections. It was evaluated as "the first and the most important theory of the ageing industry" and has been widely cited by academia, governments, and media.
The Ageing Industry Three-dimensional Chain Theory is one of the earliest developed theories that aim to provide a solution for society to face the rapid growth of the aging population. It is developed by Yoko Marikawa, and is one of the first theories that seek to construct a whole industry with the elderly as the target customer group, which Marikawa calls the "Silver Industry".
According to the theory, the Silver Industry would be composed of an industrial chain composed of production, circulation, consumption, service, and other sectors with a complete industrial chain. It is a relatively independent industry that can produce huge social and economic benefits. According to the basic needs and critical needs of the elderly, the Silver Industry can be divided into three dimensions of sub-industry groups: core sectors, relevant sectors, and derivative sectors.
The core sectors include eldercare facilities and institutions, retirement real estate, eldercare services, senior medical care, elderly food supply chain, senior clothing, etc.
The relevant sectors include: Linking to the supply chain for eldercare facilities and institutions: specialized furniture, specialized facilities, and equipment, specialized consumables for the elderly, etc. In the supply chain of the geriatric nursing service industry, the training of nursing staff, labor dispatch, geriatric nursing professional supplies, treatment and rehabilitation equipment, etc. Individualized needs of the elderly include entertainment, study, tourism, medical care, nutritional care, psychological consultation, legal consultation, etc.
The derivative sectors include: financial products such as savings for the elderly, investment and financial products, reverse mortgages, insurance products such as life insurance, long-term care insurance and other insurance products, securitization property rights products for life insurance products, senior financing, etc.
The dominant industries, linkage industries, and derivative industries complement each other to form a virtuous cycle of economic and social benefits and jointly promote the healthy development of the Silver Industry.
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