Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Geelong ict

513 views

Published on

Geelong ict

Published in: Health & Medicine
  • Be the first to comment

  • Be the first to like this

Geelong ict

  1. 1. THE BAY An Assistive Technology Innovation Precinct for Geelong
  2. 2. Assistive Technology refers to the breadth of equipment, or technical interventions, in the home, workplace and for transportation that are needed by people who are frail or rehabilitating, and for people with a disability. These technologies might be ... • highly specialised (e.g. Cochlear implants), • often personalised to meet individual needs, or • they may be as mainstream as a wheelchair or an i-pad put to an innovative use. Combined with appropriate health care specialists, these technologies enable people to participate as fully and independently as possible in home, work and community life. What are Assistive Technologies ? Home/Workplace Installation & Maintenance
  3. 3. 2,700 employees $805 million revenue $110 million profit 16% revenue invested in R&D 2014 accounts 4,000 employees $2 billion revenue $144 million profit 7% revenue invested in R&D 2015 accounts Two Successful Australian Assistive Technology Companies
  4. 4. Several Industry Clusters Exist in Geelong A Pool of Expertise Unique in Asia-Pac Market Segment : Disability Health Care The Opportunity : Assistive Technologies Currently 1,500 Employees Disability Insurance Currently 13,000 Employees Health Care 42 Residential Aged Care Facilities McKellar Rehabilitation Centre Currently 15,500 Employees Manufacturing 688 Manufacturing Companies Supporting Services = Disability Health Care Products = Assistive Technologies Blue and White Collar Jobs © Copyright Proactive Ageing 2015
  5. 5. Disability and Ageing (Frailty) Health Care Disability Status of Ageing Cohort > 50% Assistive Technologies Commonly Used
  6. 6. Index of population aged 65+ in Asia-Pacific regions United Nations, Department of Economic and Social Affairs, World Population Prospects (2010 Revision) http://esa.un.org/unpp. South and South-West Asia South-East Asia East and North-East Asia North and Central Asia The Asian Opportunity
  7. 7. Source : Frost & Sullivan Global Asia Pac = 3 x Global CAGR Medical Device Revenues US$ Billions
  8. 8. 2015 2050 Market Size Assistive Technology Products Only © Copyright Proactive Ageing 2015 Australia • NDIS = 440,000 people = 2% pop = 0.1% GDP (IGR) • Assistive Technologies = 2M people = 9% pop (AIHW) • Seniors (65+) = 3.3M people = 14% pop (ABS) • Any Disability = 4.2M people = 18% pop (ABS) • Assistive Technologies = $4B [range $3.6B - $4.5B] (AIHW) • Health Care spend per person p.a. = $2,830 (IGR) • Total Population (Aust) = 24M Australia • NDIS = 1.1% GDP (IGR) • Assistive Technologies = 5M people = 15% pop (est.) • Seniors (65+) = 7.8M people = 23% pop (IGR) • Any Disability = 9.8M people = 29% pop (est.) • Assistive Technologies = $9.5B [range $8.4B - $10.5B] (est.) • Health Care spend per person p.a. = $6,460 (IGR) • Total Population (Aust) = 34M (30% increase) Asia • Severe Disability = 127M = 2.9% (WHO) • Seniors (65+) = 207M people = 5% pop (UN) • Total Population (Asia) = 4.4B Asia • Severe Disability = 151M = 2.9% (est.) • Seniors (65+) = 857M people = 16% pop (UN) • Total Population (Asia) = 5.2B (15% increase) $4Billion $9Billion+ 127 Million People 857 Million People 2 Million People 5 Million People
  9. 9. Source : ANDREW JONES, G2 Innovation Ltd Pty Assistive Technologies covers many of the Mega Trends Lining Up with the Product Mega Trends
  10. 10. Industry Innovation and Competitiveness Agenda Supporting the Four Ambitions of the Agenda New Business Factory Framework Provides Productivity Enhancing Services & Infrastructure Skills Supply Chain Model Integrates Education & Industry, Delivers Skills on Demand Shared Services Centre with Suite of Common Business Functions Economic Ecosystem where Four Industry Sectors Underpin the Growth of Each Other Geelong’s Innovation Precinct
  11. 11. Advanced Manufacturing MedicalTechnologies andPharmaceuticals FoodandAgribusiness MiningEquipment, Technology&Services Oil,GasandEnergy Resources Sweet Spot Assistive Technologies 2) Industry Growth Centres Lining Up with Aust Govt Initiatives .... 1) Science and Research Priorities • Food • Soil and Water • Transport • Cybersecurity • Energy • Resources • Advanced Manufacturing • Environmental Change • Health
  12. 12. Social Development in Asian Countries Key Objective Find Industry Niches that can link into Global Supply Chains Target Market : Ageing and Disability Services Customer Segment : Frailty Demographic Industry Niche : Assistive Technologies Supply Forecasts : Growing Market with no Obvious End of Supply New Products : - Assistive Technology Design & Manufacturing New Services: - Service Delivery requires Niche Health Care services - Training for Highly Specialised Health Care Workers Export Potential : - Asia has an ageing demographic and urbanisation is still in progress. - Most Asian Governments have committed to Universal Health Care. Industry Niche Three Global Supply Chains Vertical Health Services Ageing. Disability. Advanced Manufacturing Phase 1 : Urbanisation Phase 2 : Universal Health Care Phase 3 : Social InsuranceFuture RequirementsProgress to Date Legend © Copyright Proactive Ageing 2015
  13. 13. Currently 13,000 Employees Currently 15,500 Employees Currently 1,500 Employees Health Care PrecinctInsurance Precinct Manufacturing Precinct Education Precinct © Copyright Proactive Ageing 2014 Regional Networks Currently 10,000 Employees 688 Manufacturing Companies 22 secondary schools McKellar Rehabilitation Centre 42 Residential Aged Care Facilities Geelong’s Innovation Precinct For Assistive Technologies
  14. 14. Geelong’s Proposed Economic Ecosystem Common Market Needs • Injury • Disability • Frailty (Seniors) • Aged Care • Chronic Care • Rehabilitation • Education Currently 13,000 Employees Currently 10,000 EmployeesCurrently 15,500 Employees Currently 1,500 Employees Health Care Services Precinct • Rehabilitation Specialisations • Assistive Technology Services • Preventative Health Strategies • Ageing Workforce, new OH&S needs • Residential Aged Care (deregulating) • Personalised Health Care • Continuum of Care Model • Tele-Rehabilitation for Asia (exports) • Capability = Barwon Health, PHN, Epworth, 30 Residential Aged Care Facilities, NDIS Trial Site, etc... Social Insurance Precinct • Community Big Data • Near Real Time Monitoring of Industry Requirements • Identifying Health Care Efficiencies and Continuous Improvement • Insurance Development Services into Asian Countries (exports) • Capability = NDIS, TAC, WorkSafe, AIDIN, GMHBA Manufacturing Precinct • Market Niche = Assistive Technologies • Highly Personalised Products • White Collar Employment : Additive Manufacturing, Advanced Materials, ICT & Sensors (i- Manufacturing) • Blue Collar Employment : Assembly, Reconditioning, Continuous Tuning, Proactive Updates & Maintenance • Deliver to Global Supply Chains via Geelong Logistics Infrastructure (exports) • Capability = Large Existing Skill Base Education Precinct • Geelong becomes a University City • Multiple Research Hubs = Health Care, Manufacturing & Insurance • Life-Long Learning = Education & Training for 16-116 • Australian Students • International Students (exports) • Health Care & Manufacturing • Capability = Deakin, Gordon, CSIRO, P-Tech, etc.. Health Care Requirements + Volume Analysis ProductRequirements +VolumeAnalysis Embedded Research Skills Forecasting Matching Training Demand SkillsForecasting MatchingTrainingDemand EmbeddedResearch © Copyright Proactive Ageing 2014 Essential Transition : Heavy Manufacturing to Advanced Manufacturing
  15. 15. A “Factory” producing ….. New Businesses New Local Businesses Highly Focused on Core Business Global Value Chains Export Markets Industry Centre of Excellence SME spin off’s Incubation of New Businesses Shared Services Centre Company IncubatorCompany IncubatorCompany Incubator Investors Looking for Quality Assets © Copyright Proactive Ageing 2014 Key Objective Productivity Enhancing Infrastructure An Industry Precinct
  16. 16. A “Factory” for New Businesses An Industry Hub = Productivity Enhancing Infrastructure New Local Businesses Highly Focused on Core Business Global Value Chains Export Markets Industry Centre of Excellence Industry Consultancy Global Branding Education & Research Institutions Niche R&D Programs Technology SME spin off’s Incubation of New Businesses Company Incubator Company Incubator Company IncubatorPilots QA = Low Risk Market Entry Human Capital Continuously Re-Skill & Up Skill Domain Expertise Business Processes Back Office Functions & Red Tape Front Office Functions & CRM Services Shared Services Centre Product Manufacture Company IncubatorCompany IncubatorCompany Incubator Investors Looking for Quality Assets Entrepreneurial & Business Skills Skills Management Access to Supply & Distribution Channels Consolidated Warehousing & Aggregated Logistics (3PL’s) © Copyright Proactive Ageing 2014

×