Geriatric Care Services Market Demand Is Predicted To Swell At a CAGR of 6.1% By 2032

 Analysts at Fact.MR, a supplier of market research and competitive intelligence, forecast that the geriatric care services market will reach US$ 700 Mn by the end of 2028 from a net worth of US$ 400 Mn in 2020.

The ageing population around the world has significantly increased, and this trend has greatly boosted the market potential for geriatric care services, which is also anticipated to continue until 2028. Through 2028, it is anticipated that key factors affecting market expansion would include rising government assistance, a focus on preventative healthcare, the incidence of chronic infectious diseases, and favourable reimbursement policies for aged care.

Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7228?AS 

Key pioneers

  • Amedisys Incorporated
  • Brookdale Senior Living Incorporated
  • Extendicare Incorporated
  • Genesis HealthCare Corporation
  • Gentiva Health Services Incorporated
  • GGNSC Holdings
  • Home Instead Senior Care Incorporated
  • Kindred Healthcare Incorporated
  • Senior Care Centers of America
  • Skilled Healthcare Group Incorporated
  • Sunrise Senior Living Incorporated

Winning Strategy

Market players are focusing on the establishment of new elder care facilities to serve the rising geriatric population across the world and this trend is expected to be prominent in the developing economies.

Geriatric care service providers are also focusing on advancing their offerings by integration of new advanced technologies to provide better services. Supportive government initiatives are also expected to favor the growth of the geriatric care services market players over the forecast period.

Key geriatric care service providers are focusing on the expansion of their coverage scope across regions by launching new services and institutions specifically focused on elderly care.

  • In January 2022, Yodda Elder Care Technologies, a premium parent care company headquartered in India, announced the start of its emergency and healthcare services for the elderly who live independently in Hyderabad, India.

Key Highlights

  • The global geriatric care services market held a net worth of US$ 400 Mn in 2020.
  • From 2021 to 2028, demand for geriatric care services is predicted to rise at a CAGR of 5.3%.
  • By 2028, the geriatric care services market is anticipated to be valued at US$ 700 Mn.
  • Increasing aging population, rising focus on geriatric care, and growing supportive initiatives from governments are expected to majorly drive geriatric care services market growth.
  • Lack of geriatric care services in developing economies and high costs of these services are anticipated hinder market growth to some extent.
  • North America is expected to lead the global geriatric care services market.

 Industry Research

  • by Type:
    • Home Care
      • Health Care
        • Medical Care
        • Physiotherapy Services
        • Telehealth
        • Palliative Care
        • Hospice Care
      • Non-medical Home Care
        • Personal Care
        • Home Making
        • Meals and Grocery
        • Rehabilitation
        • Others
    • Adult Day Care
      • Health Care
      • Non-Medical Care
    • Institutional Care
      • Nursing Homes
        • Palliative Care
        • Hospice Care
      • Hospital-Based
      • Assisted Living
      • Independent Senior Living
  • by Region:
    • North America Geriatric Care Services Market
    • Latin America Geriatric Care Services Market
    • Europe Geriatric Care Services Market
    • East Asia Geriatric Care Services Market
    • South Asia & Oceania Geriatric Care Services Market
    • MEA Geriatric Care Services Market

Choosing Fact.MR – Reasons to Stay Ahead of the Curve

  • Provides latest and comprehensive details of industry trends
  • Provides round the clock support to clients for foolproof solutions
  • Provides help with supply chain augmentation
  • Provides optimal, innovative, and viable business solutions
  • Provides custom or tailor made reports to fit the dynamic and specific needs of client

Comments

Post a Comment

Popular posts from this blog

Styrene Monooxygenase Market Demand Ongoing Trends, Recent Developments & Forecast till 2031

The market report envelopes an all-in information of the global Styrene Monooxygenase market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Styrene Monooxygenase market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Styrene Monooxygenase market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Styrene Monooxygenase market. Request a Sample Report containing crucial Graphs and Figures –  https://www.factmr.com/connectus/sample?flag=S&rep_id=5851 Segmentation Analysis of Styrene Monooxygenase Market The global styrene monooxygenase market is bifurcated into four major segments: by form, by process, end-use, and region. On the basis of form, the styrene mono...
Read more

Alternator Regulator Market: Key Players and Production Information analysis 2031

The market report envelopes an all-in information of the global Alternator Regulator market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Alternator Regulator market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Alternator Regulator market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Alternator Regulator market. Request a Sample Report containing crucial Graphs and Figures –  https://www.factmr.com/connectus/sample?flag=S&rep_id=5856 The Global Alternator Regulator Market is Bifurcated into Voltage type, Technology, Vehicle type, type and Geographic Regions Based on Voltage type, Alternator Regulator Market is segmented as follows: Low Voltage Medi...
Read more

Biomedical Textiles Market To Witness Heightened Revenue Growth During Forecast Period 2022 – 2032 : FactMR Study

  Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Biomedical Textiles, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies. The latest market research report analyzes Biomedical Textiles Market demand by Different segments. Providing business leaders with insights On Biomedical Textiles And how they can increase their market share. To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=6441 Global Biomedical Textiles Market- In-Depth Assessment on Key Segments By Fabric Non-woven Biomedical Textiles Woven Biomedical Textiles Knitted Biomedical Textiles By Fiber Biodegradable Biomedical Textiles Non-biodegradable Biomedical Textiles By Application Biomedical Textiles for Implantable Applications Biomedical Textiles ...
Read more