Global leader in health and ageing
Leading the way
The changing demographics of our population provide a major economic opportunity.
With an ageing population, it is in South Australia’s best interests to develop innovative solutions around successful ageing and create world-leading businesses along the way. This will give us a leading edge in a growing domestic and global market, where others are just starting to consider the needs of older populations.
We will optimise our research, teaching, training and clinical services, adding to our reputation for health and biomedical research and innovation. By accelerating the development and delivery of world-class healthcare and ageing products and services, we will also create new industries for South Australia.
We are proud to be a globally recognised leader in health research, ageing and relating services and products.
While many other jurisdictions and key trading partners are just starting to consider the needs of their older populations, South Australia is taking the lead to grasp a major economic opportunity.
We are driving growing demand for leisure, tourism, accommodation, food, beverages and many other products and services that appeal to older people. This gives South Australian businesses an edge in the development of assistive technologies, medical devices, smarter housing and retirement living options, as well as innovative goods and services that meet the wants and needs of older South Australians.
Accelerating the development and delivery of world-class healthcare, ageing and retirement products and services is a smart move, starting with the establishment of the South Australian Health and Biomedical Precinct. It’s about providing better health outcomes for South Australians, lead to the development of new industries, businesses and jobs, including the valued participation of our older citizens, and positioning us as a leader in this growing domestic and global market.
With an ageing population, over the next five years, residential care services are expected to create almost one in four new jobs.
Actioning a healthy future
Objectives for 2017
- Develop the North Terrace Health Precinct as the cornerstone of South Australia’s health economy
- Increase South Australia’s share of total National Health and Medical Research Council (NHMRC) funding by 20% from its 2013 baseline (currently 6.5%) [updated].
- Attract $150m in foreign investment to SA in the life science sector [updated].
- Support the continued development of the local clinical trials environment, increasing new trial notifications from 66 to 80 by 2017 [updated].
- Establish a leading industry encompassing telehealth services, remote monitoring and mobile monitoring.
- Develop South Australia as the health and biomedical cluster for national and international companies and attract at least three significant companies to the state.
- Develop an international reputation for our high levels of older citizen participation in economic and community life.
- Create new products and services for the state and the world, establishing expertise in active ageing.
- Secure significant health and biomedical conferences in South Australia to promote business-to-business or business-to-research partnering.
- Create 3500 jobs through the rollout of the National Disability Insurance Scheme [new].
- Increase international medical equipment and devices exports from $93 million in 2013/14 [new].
Taking the initiative
- Build the new Adelaide Medical and Nursing School at The University of Adelaide, which will support more than 1,500 medical and nursing students and nearly 1,100 researchers.
- The Centre for Cancer Biology – established in partnership with SA Pathology and UniSA, the centre is making breakthrough discoveries in the fundamental causes of cancer, and translating these discoveries into new ways to prevent and treat this disease.
- Work with our existing research and industry clusters, such as the Medical Device Partnering Program to further encourage their collaboration.
- Innovation in Ageing Challenge – the first ageing specific challenge in Australia is encouraging interesting new ideas from entrepreneurial thinkers to address the global challenge of ageing.
- Support the growth and development of the retirement villages sector through improved legislation and the release of Better Practice Guidelines.
Make it a priority to get involved
Be a part of the future of health and medical research:
Medical Devices Partnering Program (MDPP)
In collaboration between researchers, industry, end-users and Government, the MDPP supports the development of cutting edge medical devices:
Find out how BioSA helps South Australian early stage businesses bring their innovative products and technologies to global markets:
Learn more about why South Australia is a destination of choice for healthcare industries, research and academia:
Thursday, 20 October 2016
Start-up company, Somark, has developed a breakthrough technology that will greatly improve the efficiency and accuracy of pre-clinical medical research and will establish its development and manufacturing operations at Tonsley, creating 48 new jobs.