Press release
Elderly Care Market 2021 Top Key Players And Industry by End-User Segments Forecast Till 2028
Elderly Care Market document sheds lamp on market size, regional changing trends, emerging new prospects for market growth rate, and production value estimation from 2021 - 2028. This market research report is a painstaking investigation of the current scenario of the market and future estimations which covers several market dynamics. The report serves the analysis of the global market share, segmentation, revenue growth estimation, and geographic regions of the market. The report is a great resource, which provides current and upcoming technical and financial details of the industry. Elderly Care Market analysis report provides top to bottom analysis and estimation of various market-related factors that play a key role in better decision making.Elderly Care Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.0% in the forecast period of 2020 to 2027 and expected to reach USD 1,944,028.05 million by 2027. Geriatric population, rising chronic illness in ageing population and rising awareness of home care services are the major factors for the market growth.
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Top Key Players of the Market:
Right at Home, LLC
Koninklijke Philips N.V
BAYADA Home Health Care
Econ Healthcare Group
Home Instead, Inc.
ORPEA GROUPE
St Luke’s Eldercare Ltd.
Rosewood Care Group
Medtronic
Interim HealthCare Inc
United Medicare Pte Ltd
Trinity Health
Exceptional Living Centers
Amedisys
Living Assistance Services, Inc
ElderCareCanada
LHC Group, Inc
Encompass Health Corporation
Extendicare
Prolifico
FC Compassus LLC
The Segments and Sub-Section of Elderly Care Market are shown below:
By Product Type (Pharmaceuticals, Housing and Assistive Devices)
By Service (Institutional Care, Homecare, Adult Day Care)
By Application (Heart Diseases, Cancer, Kidney Diseases, Diabetes, Arthritis, Osteoporosis, Neurological, Respiratory and Others)
Market Overview
Increasing geriatric population worldwide and increase in the awareness of elderly care among people is driving the growth of the market. Due to the change in life style of old people are now inclined towards elderly care and it provides multiple benefits such as home care, nursing care and others.
For instance,
in 2017, according to the United Nations, it has been estimated that in 2017, there were approximately 962.3 million of aged people of 60 years or older people worldwide. Further it has been estimated that it will get increase to estimate of 2080.5 million. Increase in population worldwide will require high elder care and hence the market growth may increase in future.
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Table of Content:
Chapter 1: Elderly Care Market Overview
Chapter 1.1: Study Assumptions
Chapter 1.2: Scope of the Study
Chapter 2: Elderly Care Market Economic Impact
Chapter 2.1: Analysis Methodology
Chapter 2.2: Research Phases
Chapter 3: Competition by Manufacturers
Chapter 3.1: Current Market Scenario
Chapter 3.2: Value Chain/Supply Chain Analysis
Chapter 3.3: Government Regulations and Initiatives
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 5.1: Market Drivers
Chapter 5.2: Market Restraints/Challenges
Chapter 5.3: Market Opportunities
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Elderly Care Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Elderly Care Market Geographic Analyses
Chapter 12: Elderly Care Market Effect Factors Analysis
Chapter 13: Elderly Care Market Forecast (2021-2028)
Chapter 14: Future Of The Market
Chapter 15: Appendix
Global Elderly Care Market Scope and Market Size
On the basis of product type, the market is segmented into pharmaceuticals and housing and assistive devices. In 2020, housing and assistive devices is expected to dominate the growth of the elderly care market, due to the requirement of assistive devices in homecare of elderly patients and growing geriatric population; those are not capable of self-assistance fuels the growth of the market in the forecast period of 2020 to 2027.
On the basis of service, the market is segmented into homecare, institutional care and adult day care. In 2020, homecare segment is expected to dominate elderly care market as homecare is designed in a way which enables comfort to aged patients and population and rising geriatric population globally is leading the growth of the market in forecast period of 2020 to 2027.
On the basis of application, the market is segmented into heart diseases, respiratory, diabetes, osteoporosis, cancer, neurological, kidney diseases, arthritis and others. In 2020, heart diseases segment is expected to dominate the growth of the market due to the growing incidences of hyper tension, blood pressure, cardiovascular diseases amongst elderly patients, leading the growth of the market in the coming year.
Competitive Landscape and Elderly Care Market Share Analysis
The major players covered in the report are Right at Home, LLC, Koninklijke Philips N.V, BAYADA Home Health Care, Econ Healthcare Group, Home Instead, Inc., ORPEA GROUPE, St Luke’s Eldercare Ltd., Rosewood Care Group, Medtronic, Interim HealthCare Inc, United Medicare Pte Ltd., Trinity Health, Exceptional Living Centers, Amedisys, Living Assistance Services, Inc., ElderCareCanada, LHC Group, Inc., Encompass Health Corporation, Extendicare, Prolifico, FC Compassus LLC and other players on global level. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
In November 2019, Amedisys has acquired Asana Hospice which will be targeted to close on January 1st, 2020. By this acquisition the company will enhance its service offering in the market.
Elderly Care Market Country Level Analysis
The report is mainly segmented into several key regions, with sales, revenue, market share and growth rate of Elderly Care in these regions, covering:
U.S., Canada and Mexico in North America, Germany, France, U.K.
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
Key Highlights of The Industry Report:
Assessment of all opportunities and risk in the global Elderly Care market
Conclusive study about the growth of the market for forthcoming years
In-depth understanding of market-particular drivers, constraints
A complete picture of the competitive scenario of the global Elderly Care market is depicted by this report.
It provides historical and forecasts revenue of the market segments and sub-segments with respect to main geographies and their countries
It also provides a complete assessment of the future market and the changing market scenario.
Country-level analysis of the market with respect to the current market size and future prospective
Current and predictable size of the Elderly Care market from the perspective of both value and volume.
Why choose Databridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provide clients with the top notch market research report.
Interaction with research scientists and development heads to understand the nature of the market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Elderly Care market size.
Contact Us:-
Data Bridge Market research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an 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 complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
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