Asia, home to some of the world's fastest-growing economies, is also aging fast.
According to a United Nations estimate, 62 percent of the population in the Asia Pacific region will be 60 years and above by 2050. More research from the U.S.-based East-West Center forecasts Asia's average age will increase to 40 years in 2050 from 29 in 2000.
The world's third-largest economy, Japan, is getting older at the fastest pace. By 2025, nearly 30 percent of its population will be 60 and above, according to the UN. The world's most populous country, China, will also have 250 million people over the age of 60 by 2025 — a 35 percent increase from 2009, according to government statistics.
Asia, which has played a major role in powering global growth over the past few decades, is undergoing a major demographic change that presents both challenges and opportunities.
From a boom in healthcare services and insurance products to changing dynamics in labor markets, we map the emerging trends resulting from this dramatic demographic shift. Click ahead for eight ways investors can tap into this "gray" market.
By Rajeshni Naidu-Ghelani Posted: Oct. 25, 2012.