The global elder care market market is projected to rise by USD 283 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.3 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the category, and region. The global market data on elder care can be segmented by category: assistive devices, services. According to the research, the services segment had the largest share in the global elder care market. Elder care market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW). In 2021, North America made up the largest share of revenue generated by the elder care market.
The services market is further segmented into adult day services, home healthcare services, institutional care. Gen Consulting Company research indicates that the institutional care segment occupied the largest share of this market in 2021 and is expected to draw the highest demand in coming years. Furthermore, the assistive devices market has been categorized into access aids, daily living aids, personal monitoring aids, mobility aids, others. Globally, the mobility aids segment made up the largest share of the elder care market.
The global elder care market is highly competitive. Key companies profiled in the report include Atria Senior Living Inc., Brookdale Senior Living Inc., Capital Senior Living Corp., Five Star Senior Living Inc. , Holiday Retirement (Fortress Investment Group), Invacare Corporation, Life Care Services LLC, Pride Mobility Products Corporation, Savaria Corporation, Senior Lifestyle Corp., Sunrise Medical Inc., Sunrise Senior Living LLC.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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– Get a detailed picture of the Global Elder Care Market
– Identify segments/areas to invest in over the forecast period in the Global Elder Care Market
– Understand the competitive environment, the market’s leading players
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 5.3% |
| Pages | 23 |
| Key Players | Atria Senior Living Inc., Brookdale Senior Living Inc., Capital Senior Living Corp., Five Star Senior Living Inc., Holiday Retirement (Fortress Investment Group), Invacare Corporation, Life Care Services LLC, Pride Mobility Products Corporation, Savaria Corporation, Senior Lifestyle Corp., Sunrise Medical Inc., Sunrise Senior Living LLC |
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