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SUMMARY
Members of the Boomer generation have benefited from a multitude of medicaladvances throughout their lives. They were the first generation to benefit fromthe many vaccines developed in the middle of the 20th century that reduced theincidence of serious childhood diseases. Since then, even more medicaldevelopments have reduced deaths from cancer, heart disease, and many otherserious health conditions. Despite these advances, science cannot guaranteethat aging will be free from illness or disability. While younger Boomers arestill generally enjoying good health, older Boomers are reaching the point atwhich people often confront health problems. In addition, although Boomers areaware of the need to be proactive in maintaining good health, many are not doingso. In 2002, 38% of younger Boomers (aged 35 to 44) and 31% of older Boomers(aged 45 to 54) were current users of some form of tobacco. Most Boomers areoverweight and many are obese. Most do not get the recommended level ofexercise. Although development of some health conditions may be an inevitablepart of aging, it is unlikely that Boomers will passively accept this fact. As aresult, there is significant opportunity for a range of manufacturers to addressBoomer demands and desires. In order to market effectively to this group,manufacturers must gain an understanding of Boomers' current attitudes andbehavior. Mintel's original analysis delves into boomers' approach to illnessand medical care, where they go for health information, and their opinions aboutover-the-counter and prescription medications. With this information,manufacturers have the upper hand in formulating an effective and profitablemarketing strategy. This report focuses on the issue of Baby Boomers andhealth. In 2004, members of the Boomer generation are aged 38 to 56. As aresult, the emphasis of this report covers those encompassing this age, althoughwhere possible and where relevant, Mintel provides information on their olderand younger counterparts to provide comparative perspective. While there aremany aspects that could be included within health, Mintel covers the followingareas in this report: - health insurance coverage
- spending on health care items
- usage of health care services (visits to physicians' offices, for example)
- life expectancy and death rates
- incidence of tobacco, alcohol and illicit drug usage
- incidence of overweight/obesity
- incidence of physical activity
- births and menopause rates
- incidence of diseases
- circulatory diseases
- cancer
- respiratory diseases
- other diseases
- hearing, vision and dental problems
- attitudes about health issues
- sources of health information
- approaches to illness and medical care
- opinions about OTC and prescription medications
TABLE OF CONTENTS
INTRODUCTION AND ABBREVIATIONS- Introduction
- Other relevant reports
- Definition
- Abbreviations and terms
- Abbreviations
- Terms
EXECUTIVE SUMMARY- The size of the baby boom
- Boomer women outnumber boomer men
- Most working-age adults get health insurance through employment
- Education influences approach to healthcare
- Boomers spend more on entertainment than on healthcare
- Health insurance accounts for largest share of healthcare spending
- Aging boomers will stress the healthcare system
- Lifestyle-related health conditions will affect some boomers
- Boomer women are confronting menopause
- Chronic health conditions are afflicting more boomers
- Businesses will need to respond to boomers' hearing and vision problems
- Boomers enter the age of mortality
- Physicians are the leading source of health information
- Busy boomers sometimes neglect health
- Medications will continue to be important to boomers
DEMOGRAPHICS OF BABY BOOMERS- The baby boom population
- Figure 1: U.S. population by generation, 2004
- Figure 2: U.S. population by generation, 2004 and 2010
- Graph 1: U.S. population by generation, 2004
- Figure 3: U.S. population by generation and gender, 2004
- Figure 4: U.S. population by age and gender, 2004
- Labor force participation
- Figure 5: Labor force participation of baby boomers, by age, 2003
- Household income
- Figure 6: Median and per capita household income by age of householder,2002
- Educational attainment
- Figure 7: Educational attainment by generation, 2002
BOOMERS AND HEALTH INSURANCE, SPENDING AND SERVICES- Health insurance coverage
- Figure 8: Health insurance coverage by age, 2002
- Graph 2: Health insurance coverage by age, 2002
- Figure 9: Sources of boomers' health insurance coverage, by age, 2002
- Baby boomers and spending on healthcare
- Figure 10: Average spending on major categories by age of referenceperson, 2002
- Figure 11: Average spending on healthcare by category, by age of referenceperson, 2002
- Figure 12: Average spending on health insurance by type of supplier, byage of reference person, 2002
- Figure 13: Average spending on medical services by type of care sought, byage of reference person, 2002
- Figure 14: Average spending on drugs, by category, by age of referenceperson, 2002
- Figure 15: Average spending on medical supplies by product type, by age ofreference person, 2002
- Boomers and healthcare services used
- Figure 16: Visits to physicians' offices and hospital outpatient/emergencydepartments, by age, 2001
- Figure 17: Visits to healthcare professionals, by age, 2001
- Figure 18: Hospital dishcharges, days of care, and average stay, by age,2001
- Implications for the healthcare industry
HEALTH CONDITIONS- Life expectancy
- Figure 19: Life expectancy by age, 2001
- Lifestyle conditions
- Incidence of tobacco usage
- Figure 20: Incidence of tobacco usage, by age, 2002
- Incidence of alcohol usage
- Figure 21: Incidence of Alcohol usage, by age, 2002
- Figure 22: Excessive alcohol consumption in past 30 days, 2002
- Incidence of illicit drug usage
- Figure 23: Incidence of illicit drug usage, 2002
- Incidence of overweight/obesity and physical activity
- Figure 24: Incidence of being overweight/obese, by age and gender, 2001
- Figure 25: Physical activity by age and gender, 2001
- Figure 26: Incidence of physical and social/leisure limitations, by age,2001
- Births and menopause (reproductive health)
- Figure 27: Births by age of mother, 2002
- Figure 28: Birth rates by age of mother, 2002
- Figure 29: Number and percent of women aged 40 or older who arepostmenopausal, 2001
- Incidence of selected health conditions
- Incidence of circulatory diseases
- Figure 30: Incidence of circulatory diseases, by age, 2001
- Incidence of cancer
- Figure 31: Incidence of cancer by type, by age, 2001
- Incidence of respiratory diseases
- Figure 32: Incidence of respiratory diseases, by age, 2001
- Incidence of other diseases
- Figure 33: Incidence of selected other diseases, by age, 2001
- Figure 34: Incidence of migraines, back, or face/jaw pain, by age, 2001
- Incidence of hearing, vision and dental problems
- Figure 35: Incidence of hearing and vision problems and absence of teeth,by age, 2001
- Death rates and causes
- Figure 36: Number of deaths and death rates, by age, 2001
- Figure 37: Death rates* for people aged 35 to 44 and 45 to 54, 1950-2001
- Leading causes of death among boomers
- Figure 38: Leading causes of death for people aged 35 to 44 and 45 to 54,2001
- Graph 3: Leading causes of death among 34-44 versus 45-54 year olds, 2001
- Implications for boomers and health conditions
ATTITUDES ABOUT HEALTH ISSUES- Introduction
- Sources of health information
- Figure 39: Sources of healthcare information for boomers,January-September 2003
- Figure 40: Sources of healthcare information for boomers, by age,January-September 2003
- Figure 41: Sources of healthcare information for boomers, by gender,January-September 2003
- Approach to illness and medical care
- Figure 42: Approach to illness and medical care among boomers,January-September 2003
- Figure 43: Boomers' approach to illness and medical care, by age breaks,January-September 2003
- Figure 44: Boomers' approach to illness and medical care, by gender,January-September 2003
- Opinions about OTC and prescription medications
- Figure 45: Boomers' Opinions about OTC and prescription drugs,January-September 2003
- Figure 46: Boomers' opinions about OTC and prescription drugs, by agebreaks, January-September 2003
- Figure 47: Boomers' opinions about OTC and prescription drugs, by gender,January-September 2003
- Summary
APPENDIX: RESEARCH METHODOLOGY- Consumer Research
- Sampling & Weighting
- Presentation & Definition
- Further Analysis
- Trade Research
- Informal trade research
- Formal trade research
- Desk & Internet Research
- Sources
- Definitions
- Forecasts
APPENDIX: WHAT IS MINTEL?- Mintel Publications
- Mintel Services
- Product retrieval
- Retail audits
- Tailored research
- Global New Products Database
- Research Support/Consultancy/MIC
- The Mintel Information Centre (MiC)
- PR Research
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