Consumer & Luxury Goods Market Research News

Global elderly care services market scrutinized in new research

Consumer Market Research

The report profiles key players such as Extendicare Inc., Brookdale Senior Living Inc., Kindred Healthcare Inc. and Genesis Healthcare Inc. in the elderly care services market on the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

Research By Markets adds "Global Elderly Care Services Market (2017-2021 Edition)" to its online repository. This report provides a detailed analysis of the Elderly Care Services Market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc.

The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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The report also provides country analysis of the US, Canada, Europe and India in terms of market sizing and growth. The US and Canada (in North America) are the market leaders followed by European countries.

Among Asia-Pacific countries, India has been emerged as the market leader in elder care services. In coming years, Asia-Pacific would be the key market player as the growth of ageing population is more than other nations worldwide.

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Company Coverage

Extendicare
Brookdale Senior Living Inc.
Kindred Healthcare Inc.
Genesis Healthcare Inc.

Executive Summary

Senior citizens need assistance with daily activities as well as healthcare requirements who needs a quality life. Due to all these requirements there emerged a market known as ‘elder care services market' which specifically came into existence to serve the ageing population worldwide.

Elder care services market has been divided into various segments. Elderly care business includes in home care, assisted living, nursing home facilities by skilled professionals, hospital care and pharmaceuticals.

Among these, in-home care, assisted living and home healthcare segment are getting popularized day by day and provide quality life to senior citizens. Adult day care centres are designed for older adults who are no longer managing independently or who are isolated or lonely.

Home care services are provided by family members and close relatives.

Global elder care market has shown positive trends over the past few years. The primary reasons behind the growth of the market are increased ageing population worldwide, increasing demand for quality life by senior citizens, positive government regulation in healthcare segment to provide cost-effective medical treatment to the aged population, technological advancement, and chronic illness among old age population etc.

the market is expected to achieve a moderate growth in the forecasted period. Global elder care services market continued to expand at a swift pace from 2017-2021.

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