Investigating the Determinants of Elderly Individuals' Consumption Behavior Towards Health Care Products — a Case Study of Matu Town, Maoming City, Guangdong Province

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i3.2350

Chunhui Zhang, Zhenjie Huang, Haoxian Long, Jingjing Qiao, Yuxin He

Academy of Politics & Business Studies, Nanfang College·Guangzhou, Guangzhou 510900, Guangdong, China

Abstract

With the aging of the population, the health problems of the elderly are getting increasing attention. According to the data of the seventh census in China, the continuous expansion of the elderly group has stimulated the expansion of the health care consumption market. Before the practice research, this research group summarized some common factors affecting the elderly's consumption of health care products by reading some literature and the collection of relevant materials, mainly including cognitive degree, emotional and psychological factors, age, economic situation, market situation and social policies and other factors. This practice survey found that the cognitive degree and health status of health care products among the elderly are the most important factors affecting their consumption of health care products. At the same time, psychological factors such as loneliness and identity will also affect the elderly's health care awareness and consumption of health care products. External factors such as consumer fraud will also affect the purchase of health care products by the elderly. Therefore, in promoting the consumption of health care products by the elderly, attention should be paid to improving the cognition of the elderly on health care products, pay attention to their health status and mental health, strengthen the supervision of consumer health care products, and prevent consumer fraud and other bad behaviors.

Keywords

the elderly population; health care products; consumption factors

References

[1] Niu Ting, Liu Chun. Practice path of the healthy society in the context of Aging [J]. Economist, 2022, (02): 40-41 + 44.
[2] Qu Shaoxu. Consumption stratification or its own factors? Empirical analysis of the factors influencing the consumption preference of health care products in the elderly — Evidence from 2786 questionnaires nationwide [J]. Journal of Xinjiang University (Philosophy · Humanities and Social Sciences edition), 2020,48 (01): 20-30.
[3] Li Tao, Xu Xiang, Zhang Xuyan. Loneliness and consumption — from the empirical finding of health consumption among elderly in China [J]. Economic Research, 2018,53 (01): 124-137.
[4] Zhou Lijuan, Yu Boyang. Factor analysis of the market measure of health care consumer goods [J]. Statistics and Decision-Making, 2008, No.274(22):184-186.
[5] Talk about Yu Hong. Research on health care products consumption of the elderly in China under the background of aging.2016108-111 of 4 pages.
[6] Liang Xurong. Analysis of the status quo and development trend of health care products industry in China [J]. China Salt Industry, 2018, No.306(03):31-35.

Copyright © 2024 Chunhui Zhang, Zhenjie Huang, Haoxian Long, Jingjing Qiao, Yuxin He

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License