Global Geriatric Care Services Market Trends, and Forecast till 2026
Aging increases the risk of chronic diseases such as diabetes, cardiac disorders, arthritis, and respiratory disorders that require continuous monitoring. Also, aging decreases bone density that makes it a challenge for the geriatric population to continuously manage their medical needs and perform their daily activities. Hence, the need for geriatric care services arises, which to a great extent eases the life of the elderly population. Increasing need for continuous health assistance by the elderly population is driving demand for continuing care.
Aging increases the risk of chronic diseases such as diabetes, cardiac disorders, arthritis, and respiratory disorders that require continuous monitoring. Also, aging decreases bone density that makes it a challenge for the geriatric population to continuously manage their medical needs and perform their daily activities. Hence, the need for geriatric care services arises, which to a great extent eases the life of the elderly population. Increasing need for continuous health assistance by the elderly population is driving demand for continuing care.
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<strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> -<br />
Size, Share, Outlook, <strong>and</strong> Opportunity<br />
Analysis, 2018 - <strong>2026</strong><br />
<strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong>, By Service Type (Home<br />
Healthcare, Assisted Living Facilities, Adult Day <strong>Care</strong> <strong>Services</strong>,<br />
Continuing <strong>Care</strong>, Skilled Nursing Facilities), <strong>and</strong> By Geography -<br />
<strong>Trends</strong>, Analysis <strong>and</strong> <strong>Forecast</strong> <strong>till</strong> <strong>2026</strong><br />
Aging increases the risk of chronic diseases such as diabetes, cardiac disorders, arthritis, <strong>and</strong><br />
respiratory disorders that require continuous monitoring. Also, aging decreases bone density that<br />
makes it a challenge for the geriatric population to continuously manage their medical needs <strong>and</strong><br />
perform their daily activities. Hence, the need for geriatric care services arises, which to a great<br />
extent eases the life of the elderly population. Increasing need for continuous health assistance<br />
by the elderly population is driving dem<strong>and</strong> for continuing care.<br />
Elderly population suffering from chronic conditions require frequent physician visits, health<br />
monitoring <strong>and</strong> assistance in performing daily activities. <strong>Geriatric</strong> care service providers offer<br />
end-to-end solutions to the elderly population in need of assistance in order to ease their living.<br />
Coordinating with the doctor, assessing any medical or nutritional need, assistance in medical<br />
<strong>and</strong> financial planning, home nursing services, <strong>and</strong> devising complete medical care plans are<br />
some of the services offered by various geriatric care service market players.<br />
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According to the U.S. Census Bureau, 2015, population of age 65 years <strong>and</strong> above is expected to<br />
increase over 60% during 2015 – 2030. It is estimated that the highest growth would be in Asia<br />
<strong>and</strong> Latin America. Africa, on the other h<strong>and</strong>, is the youngest region as of 2015 <strong>and</strong> is expected<br />
to remain the same in the near future. Therefore, growth of elderly care in respective regions is<br />
estimated to follow a similar trend. However, affordability of geriatric care services is expected to<br />
hinder growth of the geriatric care services market in emerging economies such as India, Brazil,<br />
<strong>and</strong> China. Therefore, cost-effective products need to be offered by the service providers to<br />
attract the relatively cost-sensitive customers in these economies.
<strong>Geriatric</strong> care centers has evolved from being mere psychological support to nursing care <strong>and</strong><br />
supervision. <strong>Geriatric</strong> care centers have well-trained specialists for different geriatric care needs.<br />
<strong>Services</strong> include health planning, problem-solving, health assessment <strong>and</strong> monitoring, home-care<br />
services, <strong>and</strong> personal care assistance. Furthermore, the providers of geriatric care services help<br />
customers to choose the most appropriate insurance policies as per their individual needs. The<br />
geriatric care managers also offer counseling <strong>and</strong> support, crisis intervention, decisions regarding<br />
appropriate housing options, money management, <strong>and</strong> assistance with moving an elderly to or<br />
from different types of housing. LivHome Technology+, by LivHome, Inc., addresses the safety<br />
issues, enables social engagement, <strong>and</strong> medication support. The company has LivHome Connect<br />
that includes 24 hour Active Remote <strong>Care</strong> (ARC) from in-house licensed nurses to the patients in<br />
need.<br />
<strong>Geriatric</strong> care centers provide services include home healthcare, assisted living facilities, adult<br />
day care services, continuing care recruitment, <strong>and</strong> skilled nursing facilities. Skilled nursing<br />
facilities <strong>and</strong> home healthcare are the major revenue contributors for providers, owing to<br />
involvement of more time <strong>and</strong> workforce in these service types. However, dem<strong>and</strong> for continuing<br />
care is increasing rapidly. Elderly population is highly prone to injuries, <strong>and</strong> therefore require<br />
continual care. Also, increasing women labor workforce participation has led to increase in<br />
dem<strong>and</strong> for continuing care. The continuing care service type segment in the global geriatric<br />
care services market is projected to develop at a CAGR of 4.6% during the forecast period (2016-<br />
2024).<br />
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Report includes chapters which deeply display the following deliverable about industry:<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Research Objective <strong>and</strong> Assumption<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Purview - Report Description, Executive Summary, <strong>and</strong><br />
Coherent Opportunity Map (COM)<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Dynamics, Regulations, <strong>and</strong> <strong>Trends</strong> Analysis - <strong>Market</strong><br />
Dynamics, Regulatory Scenario, Industry Trend, Merger <strong>and</strong> Acquisitions, New system<br />
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, <strong>and</strong> PEST Analysis<br />
• <strong>Global</strong> <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong>, By Regions<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Competition by Manufacturers including Production, Share,<br />
Revenue, Average Price, Manufacturing Base Distribution, Sales Area <strong>and</strong> Product Type.<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Manufacturers Profiles/Analysis including Company Basic<br />
Information, Manufacturing Base <strong>and</strong> Its Competitors.<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> Manufacturing Cost Analysis including Key Raw Materials<br />
<strong>and</strong> Key Suppliers of Raw Materials.<br />
• Industrial Chain, Sourcing Strategy <strong>and</strong> Downstream Buyers including Upstream Raw Materials<br />
Sourcing <strong>and</strong> Downstream Buyers<br />
• <strong>Market</strong>ing Strategy Analysis, Distributors/Traders including <strong>Market</strong>ing Channel, <strong>Market</strong> Positioning<br />
<strong>and</strong> Distributors/Traders List.
• <strong>Market</strong> Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer<br />
Preference Change <strong>and</strong> Economic/Political Environmental Change.<br />
• <strong>Global</strong> <strong>Geriatric</strong> <strong>Care</strong> <strong>Services</strong> <strong>Market</strong> <strong>Forecast</strong> including Production, Consumption, Import <strong>and</strong><br />
Export <strong>Forecast</strong> by Type, Applications <strong>and</strong> Region.<br />
• Research Findings <strong>and</strong> Conclusion<br />
Table of Contents of Keyword <strong>Market</strong> Report:<br />
1. Research Objective <strong>and</strong> assumption<br />
2. <strong>Market</strong> Purview<br />
3. <strong>Market</strong> Dynamics, Regulations, <strong>and</strong> <strong>Trends</strong> Analysis<br />
4. Keyword <strong>Market</strong>, By Advanced Water Meters, 2017 - 2025 (USD Million)<br />
5. Keyword <strong>Market</strong>, By Service, 2017 - 2025 (USD Million)<br />
6. Keyword <strong>Market</strong>, By Solution, 2017 - 2025 (USD Million)<br />
7. Keyword <strong>Market</strong>, By Regions, 2017 - 2025 (USD Million)<br />
8. Competitive L<strong>and</strong>scape<br />
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