Global Elderly Care Market Outlook 2018-2025: Dominated by Philips, Extendicare, Almost Family Inc, Bayada Home Health Care, Encompass Health, Kindred Healthcare, LHC Group, Inc., Genesis HealthCare, ECON Healthcare Group HQ, Trinity Health, Others

Databridgemarketresearch.com Adds “Global Elderly Care Market 2018 – Industry Trends and Forecast to 2025” To Its Research Database.

Report Analysis:

Global Elderly Care Market is expected to reach USD 1,692,117.41 million by 2025 and is projected to register a CAGR of healthy rate in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation: Global Elderly Care Market

Global Elderly Care Market, By Product Type (Pharmaceuticals, Housing and Assistive Devices), Service (Institutional Care, Homecare, Adult Day Care), Application (Heart Diseases, Cancer, Kidney Diseases, Diabetes, Arthritis, Osteoporosis, Neurological, Respiratory and Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2025

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Drivers: Global Elderly Care Market

Prominent factors driving the growth of this market consist of rising patient pool for chronic illness in ageing population, rising awareness of home care services, increasing geriatric population, Insurance coverage and government initiatives to provide cost-effective medical treatment for ageing population.

Rising patient pool for chronic illness in ageing population

High prevalence of chronic diseases and morbidity in the elder patient affects quality of life of elder patient. Communicable disease is another type of chronic diseases in elder patients. According to CVS health, around 46.0 % of total population is suffering from hypertension, 42.0% from arthritis and 20.0% from diabetes. Around 13.0% of senior aged population is suffering from depression and 20.0% from chronic pain.

According to Eurostats, It was estimated that in January 2016 around 510.3 Million aged people are living in Europe and among them 98 million were aged 65 years, in which and 57.1% were women elders. Multimorbidity leads to the poor body function which lastly leads to mortality.

Mentally impaired elder patients generally prefer long-term care facilities that boost the hospice service market of the elder care market. There are many long term services available for certain symptoms at lower cost. Due to this, nursing specific to elder people are preferred more over the general nursing home or hospitals.

The main advantage of the elderly home care is that it provides services of both nursing homes and home care facilities. In home care services, the services are increased or decreased according to the intensity of the disease and proper assessment of patient.

According to IDF Diabetes Atlas, it was estimated that in 2017, 82 million adults aged between 20-79 years were living with diabetes in the South-East Asia region.

According to National Council of Ageing, around 80.0% of older adults have at least one chronic disease and 77.0% have at least two. Few chronic disease from which the elder patient suffers include heart disease, cancer, stroke, and diabetes.

As elder population are highly prone to chronic disease and they suffer from the diseases for a longer period of time, they need proper care and proper services for chronic disease.

Chronic diseases like chronic obstructive pulmonary disease (COPD), arthritis, cardiac disease, neurodegenerative disease are highly prevalent in elder population. These diseases cannot be treated in the short span of time and require care services. Therefore, increasing numbers of chronic diseases in elderly population is boosting the growth of the market.

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RISING AWARENESS OF HOME CARE Services

In the elder care services, socio-psychological factors increase the awareness regarding health of elders.

For instance, Community Care City of Kawartha Lakes (U.S.) organized Elder Abuse Awareness & Education program to create awareness, prevent and assist seniors who are at risk.

The State of Iowa (U.S.) started adult/elder abuse prevention and awareness program, which helps elders/adults with disabilities, their families, and caregivers with information on services that are available to at-risk-individuals.

To create more awareness around the world the U.N organized world elder abuse awareness day in 2017.

Elder people receive more psychological support from nursing care and supervision. As elder care centers have more specialized and trained staff to take care of elders. The services provided in the care centers include health planning, problem-solving, health assessment and monitoring, home-care services, and personal care assistance.

Hospitals stay is shorter due to availability of more special care and services at home. The service providers offer wide variety of services from personal assistance to medication.

U.N had declared 15th June as World’s elder day to create more awareness among people regarding elder’s health. Several campaigns and programs are organized in time to time to aware them about the services and their benefits.

As the government bodies and NGO’s are taking initiatives in creating the awareness about the various elderly services. Therefore, all these awareness programs are expected to raise demand of these services, which in turn is driving the market for elderly care worldwide.

Major Players:

Some of the major players operating in this market are Right at Home, LLC, Koninklijke Philips N.V, Hanami Residential, EXTENDICARE, Amedisy, Brookdale Senior Living Solutions, Almost Family, BAYADA Home Health Care, Encompass Health Corporation, Kindred Healthcare, Inc., LHC Group, Inc., Genesis HealthCare, Compassus, Econ Healthcare Group, Trinity Health, St Luke’s Eldercare Ltd., Rosewood Care Group, Interim HealthCare, United Medicare Pte Ltd, Exceptional Living Centers and among others.

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Table Of Contents:

1. INTRODUCTION

1.1. OVERVIEW OF THE GLOBAL ELDERLY CARE MARKET
1.2. CURRENCY AND PRICING
1.3. LIMITATION
1.4. MARKETS COVERED

2 MARKET SEGMENTATION

2.1. KEY TAKEAWAYS

2.2. ARRIVING AT THE GLOBAL ELDERLY CARE MARKET SIZE

2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET TIME LINE
2.2.4 MARKET GUIDE
2.2.5 COMPANY POSITIONING GRID
2.2.6 COMAPANY MARKET SHARE ANALYSIS
2.2.7 MULTIVARIATE MODELLING
2.2.8 STANDARDS OF MEASUREMENT
2.2.9 TOP TO BOTTOM ANALYSIS
2.2.10 VENDOR SHARE ANALYSIS
2.2.11 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.12 DATA POINTS FROM KEY SECONDARY DATABASES

2.3. GLOBAL ELDERLY CARE MARKET: RESEARCH SNAPSHOT

2.4. ASSUMPTIONS 

3 MARKET OVERVIEW

3.1. DRIVERS

3.1.1. INCREASE IN GERIATRIC POPULATION
3.1.2. RISING PATEINT POOL FOR CHRONIC ILLNESS IN AGEING POPULATION
3.1.3. RISING AWARENESS OF HOME CARE SETTING DEVICES
3.1.4. INCREASING HEALTHCARE SPENDING PUBLIC AND PRIVATE IN DEVELOPED ECONOMIES
3.1.5. GOVERNMENT INITIATIVES TO PROVIDE COST-EFFECTIVE MEDICAL TREATMENT FOR AGEING POPULATION
3.1.6. FAVOURABLE REIMBURSEMENT POLICIES

3.2. RESTRAINTS

3.2.1. LOW PENETRATION RATE FOR ELDERLY CARE PRODUCTS
3.2.2. HIGH COST OF ELDERLY CARE SERVICES AND PRODUCTS

3.3. OPPORTUNITIES

3.3.1. INCREASING MARKET TREND TOWARDS ELDERLY CARE SERVICES
3.3.2. TECHNOLOGY DRIVING THE MARKET PROVIDES OPPURTUNITY TO UPCOMING PLAYERS

3.4. CHALLENGES

3.4.1. LACK OF KNOWLEDGE AND SKILLED PROFESSIONALS
3.4.2. GAP IN DEMAND AND SUPPLY

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

5.1. DATA STATISTICS OF GERIATRIC POPULATION BY COUNTRY
5.2. VENDOR POSITIONING GRID AND INVESTMENT OPPORTUNITIES
5.3. TECHNOLOLGICAL ADVANCEMENTS
5.4. REIMBURSEMENT RATES BY DIFFERENT FORMS OF ELDERLY CARE SERVICES AND PRODUCTS
5.5. INSIGHTS ON TECHNOLOGICAL DEVELOPMENTS IN THE GLOBAL ELDERLY CARE MARKET
5.6. MARKET REGULATORY SCENARIO BY COUNTRY
5.7. INTERVIEW KEY INSIGHTS

6 GLOBAL ELDERLY CARE MARKET, BY PRODUCT TYPE

6.1. OVERVIEW
6.2. PHARMACEUTICALS
6.3. HOUSING AND ASSISTIVE DEVICES
6.4. TECHNOLOGY

7 GLOBAL ELDERLY CARE MARKET, BY SERVICE

7.1. OVERVIEW

7.2. INSTITUTIONAL CARE

7.2.1 NURSING HOME
7.2.2 HOSPITAL BASED
7.2.3 ASSISTED LIVING
7.2.4 INDEPENDENT SENIOR LIVING

7.3. HOMECARE

7.3.1 HEALTH CARE
7.3.1.1 MEDICAL CARE
7.3.1.2 PHYSIOTHERAPY SERVICES
7.3.1.3 TELEHEALTH
7.3.1.4 PALLIATIVE CARE
7.3.1.5 HOSPICE CARE

7.2.2 NON-MEDICAL CARE
7.2.2.1 PERSONAL CARE
7.2.2.2 REHABILIATATION
7.2.2.2 OTHERS

7.3. ADULT DAY CARE

8 GLOBAL ELDERLY CARE MARKET, BY APPLICATION

8.1. OVERVIEW
8.2. HEART DISEASES
8.3. CANCER
8.4. KIDNEY DISEASES
8.5. DIABETES
8.6. ARTHRITIS
8.7. OSTEOPOROSIS
8.8. NEUROLOGICAL
8.9. RESPIRATORY
8.10. OTHERS

8 GLOBAL ELDERLY CARE MARKET, BY GEOGRAPHY

8.1 COUNTRY WISE GLOBAL ELDERLY CARE MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)

8.1.1 NORTH AMERICA

8.1.1.1 U.S.
8.1.1.2 CANADA
8.1.1.3 MEXICO

8.1.2 EUROPE

8.1.2.1. GERMANY
8.1.2.2 FRANCE
8.1.2.3 U.K.
8.1.2.4 ITALY
8.1.2.5 SPAIN
8.1.2.6 RUSSIA
8.1.2.7 TURKEY
8.1.2.8 BELGIUM
8.1.2.9 NETHERLANDS
8.1.2.11 SWITZERLAND
8.1.2.12 REST OF EUROPE

8.1.3 ASIA-PACIFIC (APAC)

8.1.3.1 JAPAN
8.1.3.2 CHINA
8.1.3.3 SOUTH KOREA
8.1.3.4 INDIA
8.1.3.5 AUSTRALIA
8.1.3.6 SINGAPORE
8.1.3.7 THAILAND
8.1.3.8 MALAYSIA
8.1.3.9 INDONESIA
8.1.3.10 PHILIPPINES
8.1.3.11 REST OF APAC

8.1.4 SOUTH AMERICA

8.1.4.1 BRAZIL
8.1.4.2 REST OF LATIN AMERICA

8.1.5 MIDDLE EAST AND AFRICA

8.1.5.1 SAUDI ARABIA
8.1.5.2 REST OF MIDDLE EAST AND AFRICA

8.2 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

9 GLOBAL ELDERLY CARE MARKET: COMPETITIVE LANDSCAPE

9.1. GLOBAL ELDERLY CARE MARKET: COMPANY SHARE ANALYSIS
9.2. MERGERS & ACQUISITIONS
9.3. NEW PRODUCT DEVELOPMENT & APPROVALS
9.4. EXPANSIONS
9.5. REGULATORY CHANGES
9.6. PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

10 GLOBAL ELDERLY CARE MARKET, COMPANY PROFILES

10.1 EXTENDICARE

10.1.1 COMPANY OVERVIEW
10.1.2. FINANCIAL ANALYSIS
10.1.3. PRODUCT MATRIX
10.1.4 RECENT DEVELOPMENTS
10.1.5. DATABRIDGE ANALYSIS

10.2 BROOKDALE SENIOR LIVING SOLUTIONS

10.2.1. COMPANY OVERVIEW
10.2.2 FINANCIAL ANALYSIS
10.2.3 PRODUCT MATRIX
10.2.4. RECENT DEVELOPMENTS
10.2.5. DATABRIDGE ANALYSIS

10.3 KINDRED HEALTHCARE INC.

10.3.1. COMPANY OVERVIEW
10.3.2. FINANCIAL ANALYSIS
10.3.3. PRODUCT MATRIX
10.3.4. RECENT DEVELOPMENTS
10.3.5. DATABRIDGE ANALYSIS

10.4 GENESIS HEALTHCARE

10.4.1. COMPANY OVERVIEW
10.4.2. FINANCIAL ANALYSIS
10.4.3. PRODUCT MATRIX
10.4.4. RECENT DEVELOPMENTS
10.4.5. DATABRIDGE ANALYSIS

10.5 MILLENNIA PERSONAL CARE SERVICES

10.5.1. COMPANY OVERVIEW
10.5.2. FINANCIAL ANALYSIS
10.5.3. PRODUCT MATRIX
10.5.4. RECENT DEVELOPMENTS
10.5.5. DATABRIDGE ANALYSIS

10.6 ALMOST FAMILY

10.6.1. COMPANY OVERVIEW
10.6.2. FINANCIAL ANALYSIS
10.6.3. PRODUCT MATRIX
10.6.4. RECENT DEVELOPMENTS
10.6.5. DATABRIDGE ANALYSIS

10.7 BAYADA HOME HEALTHCARE

10.7.1. COMPANY OVERVIEW
10.7.2. FINANCIAL ANALYSIS
10.7.3. PRODUCT MATRIX
10.7.4. RECENT DEVELOPMENTS
10.7.5. DATABRIDGE ANALYSIS

10.8 AMEDISYS

10.8.1. COMPANY OVERVIEW
10.8.2. FINANCIAL ANALYSIS
10.8.3. PRODUCT MATRIX
10.8.4. RECENT DEVELOPMENTS
10.8.5. DATABRIDGE ANALYSIS

10.9 ENCOMPASS HOME HEALTH

10.9.1. COMPANY OVERVIEW
10.9.2. FINANCIAL ANALYSIS
10.9.3. PRODUCT MATRIX
10.9.4. RECENT DEVELOPMENTS
10.9.5. DATABRIDGE ANALYSIS

10.10 TRINITY HEALTH

10.10.1. COMPANY OVERVIEW
10.10.2. FINANCIAL ANALYSIS
10.10.3. PRODUCT MATRIX
10.10.4. RECENT DEVELOPMENTS
10.10.5. DATABRIDGE ANALYSIS

10.11 LHC GROUP, INC.

10.11.1. COMPANY OVERVIEW
10.11.2. FINANCIAL ANALYSIS
10.11.3. PRODUCT MATRIX
10.11.4. RECENT DEVELOPMENTS
10.11.5. DATABRIDGE ANALYSIS

10.12 INTERIM HEALTHCARE

10.12.1. COMPANY OVERVIEW
10.12.2. FINANCIAL ANALYSIS
10.12.3. PRODUCT MATRIX
10.12.4. RECENT DEVELOPMENTS
10.12.5. DATABRIDGE ANALYSIS

10.13 BENESSE STYLE CARE CO., LTD.

10.13.1. COMPANY OVERVIEW
10.13.2. FINANCIAL ANALYSIS
10.13.3. PRODUCT MATRIX
10.13.4. RECENT DEVELOPMENTS
10.13.5. DATABRIDGE ANALYSIS

10.14 ECON HEALTHCARE GROUP

10.14.1. COMPANY OVERVIEW
10.14.2. FINANCIAL ANALYSIS
10.14.3. PRODUCT MATRIX
10.14.4. RECENT DEVELOPMENTS
10.14.5. DATABRIDGE ANALYSIS

10.15 EPOCH ELDER CARE

10.15.1. COMPANY OVERVIEW
10.15.2. FINANCIAL ANALYSIS
10.15.3. PRODUCT MATRIX
10.15.4. RECENT DEVELOPMENTS
10.15.5. DATABRIDGE ANALYSIS

10.16 ST LUKE’S ELDERCARE LTD.

10.16.1. COMPANY OVERVIEW
10.16.2. FINANCIAL ANALYSIS
10.16.3. PRODUCT MATRIX
10.16.4. RECENT DEVELOPMENTS
10.16.5. DATABRIDGE ANALYSIS

10.17 NICHIIGAKKAN CO. LTD.

10.17.1. COMPANY OVERVIEW
10.17.2. FINANCIAL ANALYSIS
10.17.3. PRODUCT MATRIX
10.17.4. RECENT DEVELOPMENTS
10.17.5. DATABRIDGE ANALYSIS

10.18 ROSEWOOD CARE GROUP

10.18.1. COMPANY OVERVIEW
10.18.2. FINANCIAL ANALYSIS
10.18.3. PRODUCT MATRIX
10.18.4. RECENT DEVELOPMENTS
10.18.5. DATABRIDGE ANALYSIS

10.19 KAIJIAN HUAZHAN SENIOR CARE SERVICE

10.19.1. COMPANY OVERVIEW
10.19.2. FINANCIAL ANALYSIS
10.19.3. PRODUCT MATRIX
10.19.4. RECENT DEVELOPMENTS
10.19.5. DATABRIDGE ANALYSIS

10.20 UNITED MEDICARE PTE LTD.

10.20.1. COMPANY OVERVIEW
10.20.2. FINANCIAL ANALYSIS
10.20.3. PRODUCT MATRIX
10.20.4. RECENT DEVELOPMENTS
10.20.5. DATABRIDGE ANALYSIS

11 APPENDIX

12 ABOUT DATA BRIDGE MARKET RESEARCH

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