Selbyville, DE -- (SBWIRE) -- 01/21/2019 -- Geriatric Care Services Market Report offers an inclusive and decision-making overview, including definitions, classifications and its applications. The Geriatric Care Services Market is anticipated to reflect a positive growth trend in forthcoming years. The essential driving forces behind the growth and popularity of Geriatric Care Services Market is analyzed detailed in this report.

Geriatric Care Services Market size is expected to exceed USD 1 trillion by 2024. Increasing healthcare expenditure, rising geriatric population and increasing life expectancy are the major factors driving the global geriatric care services market over the forecast period. Increasing prevalence of chronic diseases associated with old age should augment geriatric care services market share over the forecast period. Increasing application of robotic technology in geriatric care services and growing demand for innovative solutions for effective geriatric care boost the industry growth. The adult day care services offer various advantages, which includes living at home and skilled nursing care. These benefits are also contributing to the growth of the industry over the forecast timeframe. The affordability and cultural traditions are the factors restraining the growth of geriatric care services market.

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Home care services represents the most attractive segment, with potential growth opportunities in the coming years. Owing to the rising institutional care expenses such as the costs associated with nursing homes and hospital. The Alliance for Home Health Quality and Innovation (AHHQI) formed in 2008, it is a national association of home health care organizations and providers that raise awareness regarding home health care and its facilities offer better quality, cost effective and patient-centered care.

U.S. geriatric care services market share led the industry with maximum revenue share in 2015. The major factors contributing to its major share include the with the existence of wide varieties of long-term care centers all over U.S. coupled with continuous development of reimbursement plans. Quality of care for America?s ageing population is also a concern. According to the report from the U.S. Institute of Medicine (IOM), it was estimated that 55% of adult patients received recommended care to address severe incidents and treat chronic diseases.

China geriatric care services market is expected to grow at the fast rate. Owing to the rising geriatric population base with long-term therapeutic conditions, increasing disposable income and rising awareness levels regarding healthcare facilities. Moreover, economic development in the countries such as India, South Korea, Malaysia and Brazil represent the large untapped markets for the geriatric care services over the forecast timeframe. Key industry participants are Genesis Healthcare, Brrokdale Senior Living, Senior Care Centers of America and Kindred Healthcare.

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Increasing demand for developed technology and rapid growth of geriatric population coupled with chronic diseases should fuel the global geriatric care services market growth. Home care service contributed for major revenue share due to the benefits associated with elder care services that enable the ageing people to stay at home and receive better care without changing their lifestyles.

Institutional care services led the industry revenue share in 2015. Presence of large number of institutes and high usage rates of geriatric care services such as hospital based geriatric care, nursing homes, assisted living facilities and independent senior living groups is a main factor contributing to the growth.

Table of Content

Chapter 3. Geriatric Care Services Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rise in geriatric population in Asia Pacific
3.3.1.2. Growing need of personal care for elderly population affected due to chronic diseases
3.3.1.3. Attractive reimbursement and insurance policies for geriatric population
3.3.1.4. Growing government funding for elderly care
3.3.2. Industry pitfalls & challenges
3.3.2.1. High cost associated with geriatric care services
3.3.2.2. Lack of geriatric services in developing countries
3.4. Growth potential analysis
3.4.1. By service
3.4.2. By service provider
3.4.3. By payment type
3.4.4. By age group
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.6. Technology Landscape
3.7. Porter's analysis
3.8. Competitive landscape, 2017
3.8.1. Business overview
3.8.2. Revenue analysis
3.8.3. Product landscape
3.8.4. Strategy dashboard
3.9. PESTEL analysis

Chapter 4. Geriatric Care Services Market, By Service

4.2. Home Care
4.3. Adult Day Care
4.4. Institutional Care
4.4.2. Nursing Homes
4.4.3. Hospitals
4.4.4. Assisted Living
4.4.5. Independent Senior Living

Chapter 5. Geriatric Care Services Market, By Service Provider

5.1. Global geriatric care services market share, by service provider, 2017 & 2024
5.2. Public
5.2.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
5.3. Private
5.3.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)

Chapter 6. Geriatric Care Services Market, By Payment Source

6.1. Global geriatric care services market share, by payment source, 2017 & 2024
6.2. Public Insurance
6.2.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
6.3. Private Insurance
6.3.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
6.4. Out-of-pocket
6.4.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)

Chapter 7. Geriatric Care Services Market, By Age Group

7.1. Global geriatric care services market share, by age group, 2017 & 2024
7.2. 65-70 years
7.2.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
7.3. 71-75 years
7.3.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
7.4. 76-80 years
7.4.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
7.5. 81-85 years
7.5.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
7.6. 86-90 years
7.6.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)
7.7. Above 91 years
7.7.1. Market estimates and forecast, by region, 2013 – 2024 (USD Million)

Chapter 8. Geriatric Care Services Market, By Region

8.1. Geriatric care services market share, by region, 2017 & 2024
8.2. North America
8.2.1. Market estimates and forecast, by country, 2013 – 2024
8.2.2. Market estimates and forecast, by service, 2013 – 2024
8.2.3. Market estimates and forecast, by service provider, 2013 – 2024
8.2.4. Market estimates and forecast, by payment source, 2013 – 2024
8.2.5. Market estimates and forecast, by age group, 2013 – 2024

Complete report for 2018-2024 on Geriatric Care Services market is now available at https://www.marketstudyreport.com/reports/geriatric-care-services-market

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