Elderly Care Market Professional Survey Report 2018: Extendicare Inc., Philips, Right at Home, LLC., Brookdale, BAYADA, Brookdale, Kindred Healthcare, Genesis, Amedisys, Encompass Health, LHC Group
Global Elderly Care Market carrier providers are continuously developing due to growing range of older sufferers, suffering from disabilities and enhancing day care facilities. In an effort to meet patron wishes, elder care carrier groups are getting into diverse non-public care centres due to the fact older people generally tend to select residing in care facilities with specialized services necessities, which might be furnished in private care centres. As a result, businesses are extra focused in Wi-Fi connectivity and superior devices to supply healthcare offerings.
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Market Analysis: Global Elderly Care Market
• Global 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. In 2018, housing and assistive devices products segment is valued to rule with the highest market share 2025, rising at the highest CAGR of 6.6%.
Major competitors: Global Elderly Care Market
Some of the major players operating in the Global Elderly Care Market are -
• Koninklijke Philips N.V.,
• RIGHT AT HOME, LLC.
• Extendicare Inc.
• Brookdale senior Living Inc.
• Kindred Healthcare Inc.
• Genesis Healthcare Inc.
Hanami Residential, EXTENDICARE, Amedisy, Brookdale Senior Living Solutions, Almost Family, 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 are among the few major players mentioned in the Global Elderly Care Market report.
In 2017, the global elderly care market is dominated by OMRON HEALTHCARE Co., Ltd. with market share of 22.1%, followed by Koninklijke Philips N.V. 17.5%, Air Liquide 17.9%, B. Braun Melsungen AG 13.0%, and others 29.6%.
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Market Segmentation: Global Elderly Care Market
• The global elderly care market is segmented based on products type into two segments; housing and assistive devices and pharmaceuticals.
• The global elderly care market is segmented in service into homecare, institutional care and adult day care. In 2018, homecare segment is valued to rule with the highest market shares by 2025, rising at the highest CAGR.
• Homecare is further sub segmented into health care, non-medical care. Healthcare is segmented into medical care, physiotherapy services, telehealth, palliative care and hospice care. Non-medical is segmented into personal care and rehabilitation others. Institutional care is segmented into hospital based, independent senior living, assisted living and nursing home.
• The global elderly care market is segmented in Application into heart diseases, respiratory, diabetes, osteoporosis, cancer, neurological, kidney diseases, arthritis and others. In 2018, heart diseases segment is valued to rule with highest market shares and rising at the highest CAGR.
• Based on geography, the market is segmented into 5 geographical regions
o North America,
o South America
o Middle East and Africa
Key Highlights of Report
• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.
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