Global Elder Care Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

 

Global Elder Care Market: By Service Type (Institutional Care, Community-Based Care, and Home-Based Care), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global elder care market was valued at US $ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018-2024

 

Market Outline: Elder Care Market

The elder care is the process of coordinating the care of the elderly people. Elder care helps in improving the quality of life of the elders. It entails working with the old age persons with physical or mental impairments in order to meet their long term care needs. The elder care integrates both the healthcare and psychological care in addition with other services needed such as housing, nutritional services, and home care services.

 

Market Dynamics: Elder Care Market

Increase in the rapid growth of the geriatric population is the key factor influencing the growth of elder care market. The change in trend such as the absence of the caregiving by the family and changing family structure is likely to add fuel for the growth of the market. The increasing demand for the residential care facilities for the aged people suffering from various chronic disorders is expected to dive the growth of elder care market. However, dearth of reimbursement for elder care services might hinder the growth of elder care market.

 

Free sample of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/elder-care-market/#ulp-4H8Z4LpNMLEuOnnx

 

Market Scope: Elder Care Market

The elder care market is segmented based on the service type

Based on the service type, the market is segmented into the following:

  • Institutional Care
    • Hospital Based Services
    • Long-Term Care Services
    • Rehabilitation Services
  • Community-Based Care
  • Home-Based Care

 

Free TOC of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/elder-care-market/#ulp-c654SbFYO64MsOhu

 

Regional Analysis:  Elder Care Market

Geographically, global elder care market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America elder care market growth attributed to increasing geriatric population. According to the Centers for Disease Control and Prevention (CDC), in the year of 2012, it was estimated that there are 12,200 home health agencies, 22, 2001 residential care communities, 4,800 adult day services centers, 15,700 nursing homes, and 3,700 hospices are present in the U.S. The existence of these institutions drives the growth of elder care market in this region. Asia Pacific is expected show the moderate growth over the forecast period owing to its emerging geriatric care services.

 

Need more information about this report @

https://www.precisionbusinessinsights.com/market-reports/elder-care-market/#ulp-14mlyhjMGhVjZqa3

 

Competition Assessment: Elder Care Market  

Some of the players in the global elder care market include:

  • Kindred Healthcare (U.S)
  • Extendicare and Genesis Healthcare (U.S)
  • Senior Care Centers of America (U.S)
  • Brookdale Senior living (U.S)
  • Benesse Style Care Co., Ltd (Japan)
  • Econ Healthcare Group (Singapore)
  • Epoch Elder Care (India)
  • St Luke’s ElderCare Ltd (Singapore)
  • Pacific Healthcare Nursing Home (Singapore)

 

Notable Market Developments: Elder Care Market

  • In March 2016, Home healthcare company Portea Medical has acquired home medical equipment service provider Health Mantra India for an undisclosed amount.

 

Get access to full summary @

https://www.precisionbusinessinsights.com/market-reports/elder-care-market/

 

About Precision Business Insights

Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.

Contact to Precision Business Insights,

Kemp House,

152 – 160 City Road,

London EC1V 2NX

Email: sales@precisionbusinessinsights.com

Toll Free (US):+1-866-598-1553

Website @https://www.precisionbusinessinsights.com

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Designed by CyFocus.com
Powered by CyFocus.net