Global Elder Care Services Market Size, Status and Forecast 2021-2027

SKU ID : QYR- 17255582

Publishing Date : 25-Jan-2021

No. of pages : 129

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  • Elder care service providers are continuously growing due to rising number of older patients suffering from disabilities and improving day care facilities. Hence, companies are more focused in wireless connectivity and advanced devices to deliver healthcare services. In order to meet customer needs, elder care service companies are entering into various private care centres because older people tend to choose living in care facilities with specialized services requirements, which are provided in private care centres. Chronic conditions of elderly and preventive care technology are opening up niche markets. Moreover, the driving factor of such day care facilities is the overall cost of the setup, which is comparatively less than hospitalization. The day care facility is provided for 10-12 hours a day and is also expected to fuel elder care services market growth in terms of revenue over the forecast period.
    Few factors driving the growth of global elder care services market include increase in healthcare expenditure, increasing adoption of elder home care services, government funding for aged care services and well-developed infrastructure with wide-range of services. Also, rising number of elderly patients suffering from disabilities and high dependency ratio of elderly over younger population is likely to fuel the elder care services market over 2018–2026

    Market Analysis and Insights: Global Elder Care Services Market
    The global Elder Care Services market size is projected to reach US$ 480870 million by 2026, from US$ 407060 million in 2019, at a CAGR of 2.4% during 2021-2026.
    With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Elder Care Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Elder Care Services market in terms of revenue.
    On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Elder Care Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Elder Care Services market.

    Global Elder Care Services Scope and Market Size
    Elder Care Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Elder Care Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

    Segment by Type
    Home-Based Care
    Community-Based Care
    Institutional Care

    Segment by Application
    Community
    Gerocomium
    Others

    By Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Nordic
    Rest of Europe
    Asia-Pacific
    China
    Japan
    South Korea
    Southeast Asia
    India
    Australia
    Rest of Asia
    Latin America
    Mexico
    Brazil
    Rest of Latin America
    Middle East & Africa
    Turkey
    Saudi Arabia
    UAE
    Rest of MEA

    By Company
    Benesse Style Care
    Econ Healthcare
    Epoch Elder Care
    St Luke's ElderCare
    Latin America Home Health Care
    Samvedna Senior Care
    ApnaCare Latin America
    Nichiigakkan
    Golden Years Hospital
    St Luke's ElderCare
    Latin America Home Health Care
    GoldenCare
    Carewell-Service
    RIEI
    SNCF
    Cascade Healthcare
    Millennia Personal Care Services
    Rosewood Care

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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