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2022 Retirement Communities Global Market Report : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031
According to The Business Research Company's retirement communities market report, The retirement communities market reached a value of nearly $189.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 0.1% since 2015. The retirement communities market is expected to grow from $189.3 billion in 2020 to $285.1 billion in 2025 at a rate of 8.5%. The retirement communities market is then expected to grow at a CAGR of 5.6% from 2025 and reach $374.7 billion in 2030.
The aging population will continue to be a driver of the retirement communities market. The elderly population is increasing rapidly across the world, and it is expected to continue over the forecast period. By 2030, the population aged 65 year and above is expected to reach approximately 70 million in the USA. lxxxii By 2050, the percentage of senior citizens in Japan is expected to grow to 40%lxxxiii. The rise in the aging population increases the potential for elderly people to opt for accommodations in retirement communities. An increase in the size of the aging population, which is a major risk factor for many chronic diseases, such as cardiovascular disease, cancer, arthritis, dementia, cataracts, osteoporosis, diabetes, hypertension and Alzheimer's disease, is also expected to drive the assisted living with on-site nursing care facilities market, supporting the growth of the overall retirement communities market.
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The retirement communities market is segmented -
• By Community Type: Continuing Care Retirement Communities, Rest Homes, Assisted Living Facilities, Assisted Living Facilities With Nursing Care
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the retirement communities market.
Major competitors in the retirement communities market include Brookdale Senior Living Inc., Sunrise Senior Living, Atria Senior Living Group, Life Care Centers of America, Erickson Living
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The retirement communities market consists of sales of retirement community care services and related goods by entities that provide accommodation and nursing care services for the elderly who are generally able to care for themselves but might require assistance from home care agencies. The care in retirement communities' service typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Activities and socialization opportunities are often provided by retirement communities. The major clientele for retirement communities is the population aged 60 years and above.
The Table Of Content For The Retirement communities Market Include:
1. Retirement communities Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…….
28. Retirement communities Market Opportunities And Strategies
29. Retirement communities Market, Conclusions And Recommendations
30. Appendix
The Business Research Company's "Global Retirement communities Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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