openPR Logo
Press release

The Elder Care Services Market to see digitized data collection at a CAGR of 7.6%

04-14-2023 10:31 PM CET | Health & Medicine

Press release from: Persistence Market Research

The Elder Care Services Market to see digitized data collection

The elder care services market is a rapidly growing sector that provides various types of care and support services for older adults. The market includes services such as home care, institutional care, and other supportive services that cater to the needs of seniors. The global elder care services market is expected to grow significantly due to the aging population and increasing demand for long-term care services.

Market Overview:

Revenue from worldwide elder care services reached US$ 1.23 Bn at the end of 2021. As per detailed analysis, the global elder care services market is anticipated to expand at a CAGR of 7.6% and reach US$ 2.56 Bn by 2031-end.
According to in-depth industry analysis conducted by Persistence Market Research, a majority of elder care services are financed through public expenditure, which accounted for 65.5% of the global senior care market share. Elder care services accounted for less than 1% of the global healthcare services market in 2021.

According to latest projections, institutional care is the most preferred way of accessing elder care services and holds more than 70% share in the market.

Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3427

Companies:

Eldercare Services
Korian Group
ProVita International Medical Center, L
Home Instead, Inc
Living Assistance Services, Inc.
Benesse Style Care Co,, Ltd
Econ Healthcare Group
Epoch Elder Care
St Luke's ElderCare Ltd
India Home Health Care
Samvedna Senior Care
ApnaCare India Private Limited
Nichiigakkan Co. Ltd

Drivers and Restraints:

The Elder Care Services market is expected to experience growth in the coming years, driven by the aging population and the increasing need for healthcare services for the elderly. The growing awareness among people about the benefits of elderly care services is also contributing to the market's growth. On the other hand, the high cost of elderly care services and the shortage of skilled healthcare professionals are likely to restrain the market's growth. Moreover, the lack of standardization in elderly care services and the availability of alternate home care services are also factors that may impede the market's growth. Despite the challenges, the market is expected to grow due to the increasing demand for elderly care services in both developed and developing countries.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3427

Key Segments Covered in Elder Care Services Industry Survey
Elder Care Services Market by Service:

Home-based Care
Community-based Care
Institutional Care
Elder Care Services Market by Financing Source:

Public Expenditure
Private Source
Out-of-Pocket Spending

If You Want To Know The Business Opportunity/Market Value, Purchase The Premium Insight @ https://www.persistencemarketresearch.com/checkout/3427

Related Reports:

Libya Dialysis Machines Market
https://www.persistencemarketresearch.com/market-research/libya-dialysis-machines-market.asp

Lensometer Market
https://www.persistencemarketresearch.com/market-research/lensometer-market.asp

Asian Breast Implants Market
https://www.persistencemarketresearch.com/market-research/asian-breast-implants-market.asp

Oncolytic Virus Immunotherapy Market
https://www.persistencemarketresearch.com/market-research/oncolytic-virus-immunotherapy-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Elder Care Services Market to see digitized data collection at a CAGR of 7.6% here

News-ID: 3014801 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Care

Scalable Care Senior Care Marketing Experts
Quality marketing is crucial in the world of senior care, and that's where Scalable Care comes in. As an agency who have team members from within longterm care and assisted living marketing departments, they've been able to standout as an agency with experience and credible backgrounds. How? Using data-led tactics, they have boosted their clients' online visibility and grown engagement with their target audience. They proudly say their style of marketing
04-03-2024 | Health & Medicine
Getnews
Care Right There Home Care Continues Prioritizing New Jersey Elderly Care
Care Right There Home Care, a top NJ senior care provider, offers personalized, compassionate care to enrich the lives of the elderly. With a focus on individual needs and meaningful relationships, they provide daily assistance and complex healthcare services to improve seniors' quality of life across New Jersey. Google it at https://carerightthere.com for more information. New Jersey - Care Right There Home Care, a distinguished provider of senior care services, is
Transforming Home Care with Care and Beyond Home Care
Montgomery Village, MD - Care and Beyond Home Care is revolutionizing the landscape of home healthcare services, setting a new standard of excellence that goes above and beyond the ordinary. With a steadfast commitment to providing professional and compassionate care, Care and Beyond Home Care has emerged as a beacon of support for families across Montgomery County, Prince Georges County, Howard County, and Frederick County. In an era where personalized attention
Ayurvedic Market by Product (Healthcare, Personal Care, Skin Care, Hair Care, Or …
According to a new report published by Allied Market Research, titled, "Ayurvedic Market: Global Opportunity Analysis and Industry Forecast, 2022-2029" Ayurveda is a system of medicine that has its origination roots in the Indian subcontinent. It uses natural healing practices to cure clinical conditions such as sinusitis, cough, depression, and insomnia. Ayurveda therapies have been integrated in general wellness and in some cases in medical use worldwide. In addition, ayurvedic
Home Care Market Exceptional Business Performance | Polishes, Surface Care, Toil …
Report Ocean released a report that presents a detailed analysis of the Global Home Care Market, along with insights into key factors which drive the market. The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global Home
Baby Care and Mother Care Market - Taking Care of a Newborn
Baby care and mother care products are meant for infants and mostly children under the age of four. These products are specifically formulated to be non-irritating and have mild use ingredients which are selected to make the products organic and natural. A number of key players now manufacture personal care products for mother and child that are designed specifically for use during pregnancy. Obtain Report Details @ https://www.transparencymarketresearch.com/baby-care-and-mother-care-market.html The global baby care