18 • BrainMatters • Fall/Winter 2021
BAYCREST GLOBAL SOLUTIONS
Exporting Knowledge for Aging Populations
Worldwide and Supporting Older Adults Back Home
Using its four pillars of research, innovation, care and
education, Baycrest is committed to giving everyone the tools
they need to make their later years the best years of their
lives, and making bold moves to export what it has learned to
share with the world.
For the past few years, Baycrest Global Solutions (BGS), the
knowledge commercialization arm of Baycrest, has worked with
international partners in Asia to bring the best of geriatric care
programs and methods to help aging populations in that area of the
globe. It is expertise that is desperately needed now more than ever.
To put it into perspective, according to
the United Nations' 2020 Population
Ageing Document, there are an estimated
728 million persons aged 65+ worldwide.
By 2050, that number is expected to
more than double, totaling 1.5 billion older
adults. The largest increase (300+ million
people) is projected to occur in Eastern
and South-Eastern Asia, increasing from
272 million persons aged 65 years or
older as of 2020, to 572 million in 2050.
The Aspen Tree
and Baycrest
will look to bring
our new 'aging-
in-place' model
to other Asian
markets, offering
a winning
combination of
lifestyle and
healthcare to
address the
challenges of
aging societies.
Hye-June Park,
President, The
Aspen Tree
Dr. William Reichman, President & CEO, Baycrest, signs a Letter of Intent with MQDC for BGS to manage
the senior living operations at the Aspen Tree in Bangkok, Thailand.
