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Value of Geriatric Care Services Market to Reach at USD 850.0 Billion from 2013 - 2019

The global geriatric care services market was valued at USD 560.4 billion in 2012 and is expected to reach USD 850.0 billion by 2019, growing at a CAGR of 5.9% during the forecast period 2013 to 2019.

 

Albany, NY -- (SBWIRE) -- 04/05/2018 -- The proportion of geriatric population amongst the total population continues to grow and is the single largest driver for the growing global geriatric care services market. Changing family structure in most developed countries has resulted in decrease in time family caregivers can provide. This factor has been crucial in developing and shaping of geriatric care services market. Furthermore, the industrial development and improved job opportunities in the emerging nations of Asia-Pacific have resulted into more people working away from home. The market in the region has begun developing and returns from geriatric care business in the region are expected to grow in the coming years.

The geriatric care services market has been extensively analyzed on the basis of service type and geography. Type of services includes home care services, institutional care services and adult day care services. Each service type is further segmented considering the different types of care provided. Home care services include home healthcare and non medical care services for the adults while institutional care services comprises nursing homes, assisted living, hospital based elderly services and independent senior living. Adult day care service has been segmented into medical and non medical care services. Geographically, the market is analyzed for four major regions, namely North America, Europe, Asia and Rest of the World (RoW).

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Each of the segments have been analyzed on the basis of their current and future market size for the period 2011 to 2019, in terms of revenue generation in USD billion, considering 2011 and 2012 as the base years. The compounded annual growth rate (%CAGR) for each market segment has been provided for the forecast period 2013 to 2019 along with the estimations of market size.

A competitive landscape, mapping all the market players is provided in this report. The players profiled in this report include 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.

Each of these market players are profiled in this report considering parameters such as company overview, financial overview, business strategies, product portfolio and recent developments.

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The global geriatric care services market is segmented as follows:

Geriatric Care Services Market, 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

Geriatric Care Services Market, by Geography

North America
U.S.
Canada
Europe
U.K.
France
Germany
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
Rest of the World (RoW)
Latin America
Middle East
Africa
Rest of RoW