TAITRA Organized Taiwanese Long-Term Care Industry Delegation to Japan Developing Taiwan-Japan Cooperation Opportunities
Sponsored by the Bureau of Foreign Trade, TAITRA organized the "Taiwanese Long-Term Care Industry Delegation to Japan" from April 15 to 20, 2019, and went to Osaka to conduct on-site research and exchanges, developing business opportunities for cooperation. The itinerary included visiting the Panasonic geriatric health services facility and Kindai University Hospital while participating in the 2019 Osaka Barrier Free Expo. There were 18 Taiwanese companies participating in the delegation, including medical representatives, such as the Kaohsiung Municipal Ta-Tung Hospital of Kaohsiung Medical University Affiliated Healthcare System, Taipei Medical University, Shuang Ho Hospital, the Pojen General Hospital and the Taiwan Nobel Eye and Aesthetic Medical Group, etc., as well as long-term care related institutions, HKcare, Weisheng Enterprise, Apixu Industrial Corporation, Joson-Care Enterprise Co., LTD, Manstrong Manpower.
Affected by a declining birthrate and aging population, the world is facing a severe and increasing demand for long-care services, but this also brings long-term business opportunities. The Osaka Chamber of Commerce and Industry estimated last year that the scale of Taiwan’s senior care service market will reach 13 trillion Japanese Yen (about US$115.7 billion) in 2025. Taiwan and Japan should have great business opportunities for cooperation in the long-term care industry.
In the exchange with Panasonic, the Kaohsiung Medical University Affiliated Healthcare System and Taipei Medical University Affiliated System indicated that Japan will be invited to serve as a consultant with its long-term care experience. Taiwan has the ability to build hardware equipment, so the two sides can cooperate to establish long-term care smart apartments in Taiwan, offering high-quality care services. Some countries in the New Southbound market will face a long-term service gap with the onset of an aging society. Kaohsiung Medical University Affiliated Healthcare System stated, “In March 2019, Aged Care Group and Eco World from Malaysia selected us as the first choice to sign the MOU and provide the innovative Long-Term Care in Malaysia by copying our successful experiences. They want to copy the model of using the leisure space of elementary schools to set up the Fule School.” In the future, both Taiwan and Japan can further cooperate on long-term care software and hardware and set up a cooperation platform for the New Southbound countries.
The delegation had a wide range of itineraries such as participating in the exhibition, field trips, and seminars. The participating companies are the leaders of Taiwan's long-term care industry. In addition to the participators bonding and exchanging within the group, the delegates were also impressed by the development of people-oriented assistive device technology, long-term care space design, and intimate service based on Japan's long-term insurance. In the future, both Taiwan and Japan can cooperate more closely in the field of long-term care services, to jointly develop silver business opportunities.