There is growing geriatric population all over the world. This geriatric population intends to live independently; therefore there are geriatric care services which provide the workforce to take care of them. It also provides care for the elderly who are facing chronic physical conditions or other diseases and disorders. They comprise of personal care services, healthcare services, medical care services and other services so that it meets the daily requirement of the elderly person. Technological advancements that assist the geriatric population who live independently is a factor boosting the growth of the global geriatric care services market.
Sarasota, FL -- (SBWIRE) -- 05/09/2018 -- The report covers forecast and analysis for the geriatric care services market on a global and regional level. The study provides historic data of 2015 to 2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study includes drivers and restraints for the geriatric care services market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the geriatric care services market on a global level.
In order to give the users of this report a comprehensive view on the geriatric care services market, we have included a competitive landscape and analysis of Porter's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
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The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product and regional expansion of major participants involved in the market.
The geriatric care services market is segmented on the basis of service type into home care, adult day care, and institutional daycare. Home care is further divided into health care and nonmedical health care. Adult day care is also further segmented as healthcare and non- medical care. Institutional care consists of nursing homes, hospital-based, assisted living, and independent senior living. Institutional daycare is expected to dominate the market. Home care segment is expected to show the highest growth in the forecasting period due to the increase in demand for being in the home.
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are the regional segments of global geriatric care services market. North America is anticipated to remain the leading region over the forecast period due to the presence of long-term geriatric care services. The growth in Europe is expected to show steady growth in demand for the global geriatric care services market. The Asia Pacific is expected to show highest growth rate in forecast period because of the increase in geriatric population. Latin America and Middle East & Africa are also expected to show an increase in demand for geriatric care service market in the forecast period.
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The study provides a decisive view on the geriatric care services market by segmenting the market based on service type and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Based on service type, the market is segmented into home care, adult day care, and institutional care. Home care is further divided into health care and nonmedical health care. Adult day care is also further segmented as healthcare and non- medical care. Institutional care consists of nursing homes, hospital-based, assisted living, and independent senior living. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S., U.K., Germany, France, China, Japan, India, Brazil, etc. This segmentation includes demand for geriatric care services market based on service type in all the regions and countries.
The report also includes detailed profiles of end players such as Brookdale Senior Living, Inc., Extendicare, Inc., Genesis HealthCare Corp., Gentiva Health Services, Inc., GGNSC Holdings, Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Skilled Healthcare Group, Inc., and Sunrise Senior Living, Inc.
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This report segments the global geriatric care services market as follows:
Global Geriatric Care Services Market: Service-Type Segment Analysis
Non-Medical Health Care
Adult Day Care
Non-Medical Health Care
Independent Senior Living
Global Geriatric Care Services Market: Regional Segment Analysis
The Middle East and Africa
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