Reports show the demographic trend is towards an aging population. World Health Organization reported people aged 60+ could increase from 1 billion in 2019 to 2.1 billion by 2050 worldwide. This group will require age-friendly environments in housing, leisure, travel and transportation. This “Silver Economy” population will also have spending power which they will only be able to utilize if their accessibility needs are available within mainstream society – therefore society can no longer consider accessibility as the need of a few if it hopes to cater to a population requiring full inclusion.
The Baby Boomers (“Silver Tsunami”) – For the first time ever there are more people over 65 than under the age of 5 (Article – World Economic Forum). They come with spending power, but only if society and commerce can offer full participation through meaningful accessibility.
22% (6.2 million) of the population have one or more disabilities ranging from visual, mobility, pain and mental health. (Stats Canada 2017)
Economic power
The crucial factor in both the above groups is spending power within housing, leisure, travel, etc., but based on society meeting their accessibility needs.
For the private and public sector to benefit from this future economic force, as well as accommodate the rest of the population, the implementation of the Universal Design concept is a must. This is the practice whereby designs are fashioned with the commitment of allowing social groups of every type to achieve their full potential and remain independent.
Universal Design is far more than a notion of making accommodations for people using wheelchairs. There are many other groups that have different needs for designs to allow access, for example, people caring for babies or small children, older adults, people dealing with a temporary injury, or those with visual or hearing impairments.