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Chronic Health Conditions Propel Growth Of The Care Services Market: A Significant Driver Propelling The Care Services Market In 2025

05-26-2025 07:04 AM CET | Health & Medicine

Press release from: The Business Research Company

Care Services Market

Care Services Market

The Care Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Care Services Market Size and Projected Growth Rate?
The care services market has grown steadily in recent years. It will grow from $472.88 billion in 2024 to $502 billion in 2025, at a CAGR of 6.2%. Growth is driven by the aging population, higher income levels, government support, and urbanization.

The care services market is anticipated to reach $628.84 billion by 2029, with a CAGR of 5.8%. Growth is attributed to increasing chronic disease rates, the rising focus on preventive care, insurance coverage, health crises, and preference for home-based care. Trends include technology use, data analytics, digital therapeutics, health equity initiatives, and patient engagement.

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What Are the Major Segments in the Care Services Market?
The care services market covered in this report is segmented -

1) By Components: Software, Services
2) By Delivery Mode: On Premise, Cloud Based
3) By Application: Disease Management, Case Management, Utilization Management, Other Applications
4) By End-User: Nursing Care Facilities, Home Healthcare Services, Other End Users

Subsegments
1) By Software: Electronic Health Records (Ehr) Systems, Care Management Software, Patient Scheduling Software, Telemedicine Software
2) By Services: Home Care Services, Hospice Care Services, Nursing Services, Telehealth Services, Rehabilitation Services

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What Are The Driving Care Services Market Evolution?
The increasing prevalence of chronic health conditions is expected to propel the growth of the care services market. Chronic health conditions, including diseases like diabetes and heart disease, are rising due to aging populations and poor lifestyle choices. Care services are crucial in managing these long-term conditions and improving patients' quality of life. For instance, the Australian Institute of Health and Welfare reported a slight rise in deaths from chronic conditions from 459 per 100,000 people in 2021 to 490 in 2022. With chronic diseases accounting for 74% of global deaths, the care services market is expanding.

Which Firms Dominate The Care Services Market Segments?
Major companies operating in the care services market are Korian Group, Nichiigakkan Co. Ltd, BrightStar Care, ComForCare Home Care, RIEI Co. Ltd., Benesse Style Care Co. Ltd, NTUC Health Co-Operative Ltd, NMC ProVita International Medical Centre, Home Instead Inc, Econ Healthcare Group, Caring Senior Service, Living Assistance Services Inc., Orange Valley Healthcare, Cascade Living Group, Rosewood Care Group Inc., St Luke's Elder Care Ltd, FirstLight Home Care, ApnaCare India Pvt, Epoch Elder Care, United Medicare Centre, SASCO Integrated Eldercare Centre, Samvedna Senior Care, Carewell-Service Co. Ltd., Always Best Care

What Care Services Market Trends Are Gaining Traction Across Different Segments?
Major players in the care services market are focusing on innovative solutions like real-time monitoring to stay competitive. Real-time monitoring tracks and analyzes data instantly, providing immediate insights into changes. For example, in September 2023, Apollo Hospitals Enterprise Ltd. introduced connected care services that offer clinical teams real-time patient information across multiple care stages. This enhanced program improved patient safety, saved nursing time, and reduced ICU readmissions by 30%, significantly improving overall patient care.

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https://www.thebusinessresearchcompany.com/report/care-services-global-market-report

Which Is The Largest Region In The Care Services Market?
North America was the largest region in the care services market in 2024. The regions covered in the care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Care Services Market?
2. What is the CAGR expected in the Care Services Market?
3. What Are the Key Innovations Transforming the Care Services Industry?
4. Which Region Is Leading the Care Services Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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