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Geriatric Care Services Market worth $1.81 billion by 2030, growing at a CAGR of 6.22% - Exclusive Report by 360iResearch
Geriatric Care Services Market | 360iResearch
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Geriatric Care Services encompass a range of healthcare services designed to meet the medical, psychological, and social needs of elderly individuals, including preventive care, diagnosis, treatment, rehabilitation, long-term care, hospice care, and support for daily activities across settings such as home-based care, nursing homes, assisted living facilities, hospitals, and clinics. The increasing aging population creates a rising demand for care addressing chronic diseases, mobility challenges, and cognitive disorders, ensuring quality of life through proper healthcare, social interactions, and emotional support. Applications include home care services, nursing home facilities, assisted living, and hospice care in individual home settings, residential care homes, long-term care facilities, hospital, and clinical settings. Key growth factors include demographic shifts, technological advancements in telemedicine, wearable health devices, AI-based monitoring systems, and favorable healthcare policies. Opportunities arise in telehealth and remote monitoring, AI for predictive analytics, automated care solutions, and in-home care solutions, with recommendations to invest in technology, target emerging markets, and establish collaborations and partnerships. The market faces limitations such as high costs, workforce shortages, complex regulatory requirements, and cultural barriers. Areas for innovation and research include developing advanced telehealth platforms, gerontechnology focusing on assistive devices and smart homes, predictive healthcare analytics, and personalized medicine. The geriatric care services market is fragmented, comprising small home care providers to large hospital networks and technology companies, expected to grow rapidly due to demographic trends and technological advancements, requiring continuous innovation, partnerships, and regulatory adaptability to tap into emerging opportunities and address ongoing challenges.
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Market Segmentation & Coverage:
This research report categorizes the Geriatric Care Services Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Adult Day Care Services, Home Care Services, and Institutional Care Services.
Based on Services, market is studied across Medical and Non-Medical. The Medical is further studied across Hospice & Palliative Care, Medication Management & Administration, Physiotherapy Services, and Telehealth. The Non-Medical is further studied across Homemaking, Personal Care, and Rehabilitation.
Based on Service Provider, market is studied across Private and Public.
Based on Payment Source, market is studied across Out-of-pocket, Private Insurance, and Public Insurance.
Based on Age Group, market is studied across 65 to 70 Years, 70 to 75 Years, 75 to 80 years, and More than 80 Years.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Geriatric Care Services Market, highlighting leading vendors and their innovative profiles. These include Active Day/Senior Care, Inc., Barchester Healthcare Ltd., BAYADA Home Health Care, Benesse Holdings, Inc., Brookdale Senior Living Inc., Care UK Group, Comfort Keepers by The Halifax Group, Encompass Health Corporation, Epoch Elder Care Private Limited, Erickson Senior Living Management, LLC, Extendicare Inc., Four Seasons Health Care Group, Genesis HealthCare LLC, Home Instead, Inc., Integracare Inc., Interim HealthCare Inc., Knight Health Holdings, LLC, Life Care Companies, LLC, Lincare Holdings Inc., St Luke's ElderCare Ltd., and Sunrise Senior Living, LLC.
Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Geriatric Care Services Market
We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Geriatric Care Services Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Geriatric Care Services Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Geriatric Care Services Market, by Type
7. Geriatric Care Services Market, by Services
8. Geriatric Care Services Market, by Service Provider
9. Geriatric Care Services Market, by Payment Source
10. Geriatric Care Services Market, by Age Group
11. Americas Geriatric Care Services Market
12. Asia-Pacific Geriatric Care Services Market
13. Europe, Middle East & Africa Geriatric Care Services Market
14. Competitive Landscape
15. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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