The UK’s social care ecosystem is in crisis. Some 1.3 million older people request care each year, yet only 700,000 receive it. The result is that the biggest contribution to care is by informal carers – typically friends and family – whose care value is estimated at a staggering £140 billion. Put simply, this is not a sustainable model for social care.
A better understanding of the variety of care needs and how these can be met by society is crucial. In 2020 we invested £20 million in the Advanced Care Research Centre (ACRC), which in the short and long term will provide publicly available data that will help to shape the care ecosystem of the future.
Yet forward-thinking businesses are already making significant steps in showing us what future care will look like. In our Caring for Britain report, we discover that the care ecosystem of the future will be based on technology, and below we’ve highlighted just some of the ways it’s already happening.