Global Elderly Care Market Share and Growth Rate 2024 - Genesis HealthCare, Kindred Healthcare, Inc.,NTUC HEALTH CO-OPERATIVE LTD, ST LUKE’S ELDERCARE LTD, Samvedna Senior Care
Senior citizens need assistance with daily activities as well as healthcare requirements. Elderly care is the fulfillment of the special needs and requirements in terms of medical support that are unique to senior citizens.
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Market Drivers and Restraints:
• Rising geriatric population
• Increased life expectancy
• Prevalence chronic illness among aged population
• Growth in health expenditure by senior citizens
• Rise of technology-enhanced senior care
• Easy reimbursement policies
• Lack of qualified employee
• Cost affordability
The Global Elderly Care Market accounted for USD 863.7 billion in 2016 growing at a CAGR of 8.4% during the forecast period of 2017 to 2024. The upcoming market reports contain data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Elderly Care Market Company Analysis:
• Brookdale Senior Living Solutions
• Japan Senior Living Investment Corporation.
• Econ Healthcare Group
• Epoch Elder Care
• Extendicare Inc.
• Gentiva Health Services Inc.
• Genesis HealthCare
• Kindred Healthcare, Inc.
• NTUC HEALTH CO-OPERATIVE LTD
• ST LUKE’S ELDERCARE LTD
• Samvedna Senior Care
• Among others.
The global elderly care market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global elderly care market for global, Europe, North America, Asia Pacific, and South America.
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On the basis of type, global elderly care market is segmented into:
• Home Care
• Adult Day Care
• Institutional Care
Home care is further sub-segmented into:
• Health Care
• Non-Medical Home Care
Institutional care is further sub-segmented into:
• Nursing Homes
• Hospital Based
• Assisted Living
• Independent Senior Living
On the basis of product types, global elderly care market are segmented into:
• Housing and Assistive Devices
On the basis of geography, global elderly care market report covers data points for 28 countries across multiple geographies such as,
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Frequently Asked Questions:
• What will the market size be in 2024?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2024?
• Which strategies are used by top players in the Global Elderly Care Market?
Read more about the Global Elderly Care Market Visit @ http://databridgemarketresearch.com/reports/global-elderly-care-market/
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