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Elderly Care Market Overview by Top Companies like 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

05-22-2019 07:08 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Elderly Care Market ? Industry Trends and Forecast to 2025

Global Elderly Care Market ? Industry Trends and Forecast to 2025

The market insights gained through this Elderly Care Market research analysis report facilitates more defined understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. This Elderly Care Market report has been prepared by considering several fragments of the present and upcoming market scenario. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Elderly Care Market report simplifies managing marketing of goods and services effectively.

The analysis and estimations conducted via this Elderly Care Market report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. This Elderly Care Market report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This Elderly Care Market report is a wonderful guide for an actionable ideas, enhanced decision-making and better business strategies. The insights provided in this Elderly Care Market research report are based upon SWOT analysis on which businesses can rely confidently.

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Market 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.

Key Market Competitors: Global Elderly Care Market

• 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

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Market Segmentation: Global Elderly Care Market

• Product type
• Service
• Application

• Based on products type into two segments; housing and assistive devices and pharmaceuticals. 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%.

• 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:

• North America

• Europe

• Asia-Pacific

• South America

• Middle East and Africa

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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

Table of Contents:

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL ELDERLY CARE MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED

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

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGES

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 GLOBAL ELDERLY CARE MARKET, BY PRODUCT TYPE

6.1 OVERVIEW
6.2 HOUSING AND ASSISTIVE DEVICES
6.3 PHARMACEUTICALS

7 GLOBAL ELDERLY CARE MARKET, BY SERVICES

7.1 OVERVIEW

7.2 HOMECARE

7.3 INSTITUTIONAL CARE

7.4 ADULT DAY CARE

8 GLOBAL ELDERLY CARE MARKET, BY APPLICATION

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

9 GLOBAL ELDERLY CARE MARKET, BY GEOGRAPHY

9.1 OVERVIEW

10 ELDERLY CARE POPULATION SPLIT BY POINT OF CARE

10.1 NORTH AMERICA

10.2 EUROPE

10.3 ASIA-PACIFIC

10.4 SOUTH AMERICA

10.5 MIDDLE EAST & AFRICA

10.6 NORTH AMERICA

10.7 EUROPE

10.8 ASIA-PACIFIC

10.9 SOUTH AMERICA

10.10 MIDDLE EAST & AFRICA

11 GLOBAL ELDERLY CARE MARKET, COMPANY LANDSCAPE

11.1 COMPANY SHARE ANALYSIS: GLOBAL
11.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
11.3 COMPANY SHARE ANALYSIS: EUROPE
11.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC

12 COMPANY PROFILES

12.1 KONINKLIJKE PHILIPS N.V.

12.2 RIGHT AT HOME, LLC

12.3 BAYADA HOME HEALTH CARE

12.4 ALMOST FAMILY (SUBSIDIARY OF LHC GROUP INC)

12.5 AMEDISY

12.6 BROOKDALE SENIOR LIVING SOLUTIONS

12.7 COMPASSUS

12.8 ECON HEALTHCARE GROUP

12.9 ENCOMPASS HEALTH CORPORATION

12.10 EXCEPTIONAL LIVING CENTERS

12.11 EXTENDICARE

12.12 GENESIS HEALTHCARE

12.13 HANAMI RESIDENTIAL (SUBSIDIARY OF PROLIFICO SOURCES)

12.14 INTERIM HEALTHCARE

12.15 KINDRED HEALTHCARE, INC.

12.16 LHC GROUP, INC.

12.17 ROSEWOOD CARE GROUP

12.18 ST LUKE’S ELDERCARE LTD.

12.19 TRINITY HEALTH

12.20 UNITED MEDICARE PTE LTD

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About Data Bridge Market Research

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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