Elder Care Service Platform Market: Long-Term Value & Growth Seen Ahead

The latest research study released by AMA on the Elder Care Service Platform Market offers over 181+ pages of analysis on business strategies employed by key and emerging industry players. It provides insights into current market developments, landscape, technologies, drivers, opportunities, market outlook, and status. The market study is segmented by key regions driving market growth. The Elder Care Service Platform study combines qualitative and quantitative market data, primarily collected and validated through primary and secondary sources. Some are the key & emerging players that are part of coverage and have being profiled are Alvarium (Netherlands), Honor (United States), CareLinx (United States), EMOHA (India), Care.com, Inc. (United States), Cera Care (United Kingdom), Homage (Singapore), Mable Technologies Pty Ltd. (Australia), Seniors First (India), Springwise (United Kingdom), Ouihelp (France), Hometeam (United States), Ianacare (United States).

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Eldercare service platforms allow family members to better care for their elders or grandparents by offering services like medical care, personal care, respite care, etc. In today's time, the senior care service market is growing at a rapid pace due to the increasing working population and urbanization across the globe. Increased adoption of mobile devices and inclination toward telemedicine among senior citizens after the covid-19 pandemic will create significant opportunities for the market. Further, the demand for assisted living care is increasing in the urban areas of developed and some developing countries, which will accelerate the growth of the eldercare service platform market.

Opportunities:
• Need for Senior Care Services in the United States Due to Increasing Number of Baby Boomers in the Country
• High growth of Assisted Living Care in the Developed Countries Will Boost the Market

Influencing Market Trend:
• Development of New High-Tech Tools and Integration of Artificial Intelligence in the Elder Care Service Platforms

Market Drivers:
• Growing Popularity of In-home Elder Care Services in the Urban Areas Due to Busy Lifestyle
• Increasing Adoption of Smartphones Among the Senior Citizens and Rapid Growth of Mobile Healthcare Apps

Challenges:
• Unsatisfactory Health Care and Insufficient Emotional Comfort Can Affect the Elder Care Service Market

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Market Leaders and their expansionary development strategies:
• In August 2023, Yodda Elder Care has teamed up with GlobalLogic Inc., a Hitachi Group Company renowned for Digital Engineering expertise. This groundbreaking collaboration introduces extensive elder care benefits for GlobalLogic's workforce, marking an innovative step towards fostering an inclusive and supportive work environment. Through this strategic partnership, Yodda will extend its elder care services to GlobalLogic's.

• In October 2023, DUOS Launches AI-Powered Platform to Help Senior Citizens Live Independently. It is introduced a platform that uses artificial intelligence (AI) to connect senior citizens with resources like primary care and transportation. The new DUOS+AI platform is designed to empower older adults to live independently by enhancing their access to necessary services.

Analysis by Platform (Android, IOS), Pricing Model (Subscription Based, One-Time Registration), Service Type (Personal Care, Medical Care, Nursing Care, Respite Care, Others)

Competitive Landscape Highlighting Important Parameters That Players Are Gaining Along With the Market Development/Evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Alvarium (Netherlands), Honor (United States), CareLinx (United States), EMOHA (India), Care.com, Inc. (United States), Cera Care (United Kingdom), Homage (Singapore), Mable Technologies Pty Ltd. (Australia), Seniors First (India), Springwise (United Kingdom), Ouihelp (France), Hometeam (United States), Ianacare (United States)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

The regional analysis of Global Elder Care Service Platform Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2032.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Highlights of The Report
• The future prospects of the global Elder Care Service Platform market during the forecast period 2024-2032 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Elder Care Service Platform market.

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This release was published on openPR.