Press release
Elderly Care Global Market Report Analysis By Top Key Players Like Hanami Residential, EXTENDICARE, Amedisy, Brookdale Senior Living Solutions, Almost Family, BAYADA Home Health Care, Encompass Health Corporation And Global Forecast 2018-2025
Databridgemarketresearch.com adds a new 2018-2025 Global Elderly Care Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.This report presents a comprehensive overview, market shares, and growth opportunities of Elderly Care Market by product type, application, key manufacturers and key regions. Over the next seven years, projects that Elderly Care Market is expected to reach USD 1,692,117.41 million by 2025 from USD 1,032,102.99 million in 2017, at a CAGR of 6.4% 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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Major Players: Global Elderly Care Market
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.
among others.
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sopan.gedam@databridgemarketresearch.com
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
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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Table of Contents:
1 INTRODUCTION
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHIC SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 RESEARCH METHODOLOGY
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7 SECONDARY SOURCES
2.8 ASSUMPTIONS
3 MARKET OVERVIEW
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL ELDERLY CARE MARKET, BY PRODUCT TYPE
7 GLOBAL ELDERLY CARE MARKET, BY SERVICES
8 GLOBAL ELDERLY CARE MARKET, BY APPLICATION
9 GLOBAL ELDERLY CARE MARKET, BY GEOGRAPHY
9.1 OVERVIEW
10 ELDERLY CARE POPULATION SPLIT BY POINT OF CARE
11 GLOBAL ELDERLY CARE MARKET, COMPANY LANDSCAPE
12 COMPANY PROFILES
13 RELATED REPORTS
Market Segmentation: Global Elderly Care Market
Based on products:
• Housing
• Assistive Devices
• Pharmaceuticals.
By service:
• Homecare
• Institutional Care
• Adult Day Care
By Application:
• Heart Diseases
• Respiratory
• Diabetes
• Osteoporosis
• Cancer
• Neurological
• Kidney Diseases
• Arthritis
• Others
Based on geography, the market is segmented into 5 geographical regions
• North America,
• Europe,
• Asia-Pacific,
• South America
• Middle East and Africa
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Email: sopan.gedam@databridgemarketresearch.com
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