Global Elderly Care Service Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025 || By Services - Institutional Care Services Market, Adult Day Care Services Market, Home Health Care Services Market
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Healthcare is the fundamental necessity of every individual however; the soaring cost of healthcare makes it unaffordable for several people. The route to financial aid and funding is extraordinarily complex. Aging leads to declining health due to impairment and thus leads to huge expenditure on health-related issues. The financing or spending can be of three types namely, private expenditure, public expenditure, and out-of-pocket expenditure. Governments around the globe are increasing their expenditure on elderly care by providing this section of society with amenities and rising their years of happy and comfortable living. The global elder care service market is projected to gain market revenue of US$ 1,744.6 billion by 2025, growing at a CAGR of 8.31% during the forecast period 2019-2025. Elder people with chronic and long-term conditions such as neurological diseases that majorly include dementia, Alzheimer’s and Parkinson's disease; Chronic Obstructive Pulmonary Disease (COPD); multiple sclerosis; heart failure, are rising all over the globe. A focus on improving and maintaining the functional and physical health of seniors through therapeutic interventions within a community setting meeting others are thought to enhance the well-being and quality of life.
For in-depth understanding of the market and overall adoption of elderly care service, detailed analysis has been done for major region/country including North America (the U.S and rest of North America), Europe (Germany, Spain, the U.K., France, Italy and Rest of Europe), Asia-Pacific (Japan, India, China, Australia and rest of Asia-Pacific), and Rest of World. Due to the rising awareness towards elderly care services and high government expenditure on senior care Europe dominates the Elderly Care market globally, with a market size of US$ 372.7 billion in 2018. Further, the rise in the geriatric population in North America, as well as Asia-Pacific are estimated to fuel the Elderly Care market in both the regions in the upcoming years.
For analysis of the overall adoption and penetration of elderly care service around the globe please visit: - https://univdatos.com/report/elderly-care-service-market-current-scenario-and-forecast-2019-2025
Some of the major players profiled in the global Elderly Care study include Amedisys, Inc., Benesse Holdings Inc., St Luke's Eldercare Ltd., Bayada home health Care., Brookdale Senior Living Inc., Nichii Gakkan Co. Ltd, Econ Healthcare Group, Kindred Healthcare, Inc., Epoch Elder Care and ApnaCare Private Limited. These players are entering into several mergers & acquisitions and partnerships for the expansion of their reach and increasing their hold on the market and to also provide an older population with better services.
Global Elderly Care Market
Market Insights, by Service Type
Market Insights, by Funding Source
Market Insights, by Service provider
Market Insights, by Region
North America Elderly Care market
Rest of North America
Europe Elderly Care market
Asia Pacific Elderly Care market
Rest of the World Elderly Care market
Benesse Holdings Inc.
St Luke's Eldercare Ltd.
Brookdale Senior Living Inc.
Bayada home health Care
Econ Healthcare Group
Epoch Elder Care
Kindred Healthcare, Inc.
Nichii Gakkan Co. Ltd
ApnaCare Private Limited
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