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Individual And Family Services Market Size Forecasted To Achieve $181.56 Billion By 2029 With Steady Growth

06-05-2025 08:33 AM CET | Politics, Law & Society

Press release from: The Business Research Company

Individual And Family Services

Individual And Family Services

The Individual And Family 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 Individual And Family Services Market Size and Projected Growth Rate?
The individual and family services market has shown strong growth, increasing from $877.47 billion in 2024 to $937.71 billion in 2025 at a CAGR of 6.9%. This growth is driven by the need for risk management, regulatory compliance, population growth, and responses to catastrophic events.

The individual and family services market is projected to see strong growth in the next few years. It will grow to $1204.56 billion by 2029, at a compound annual growth rate (CAGR) of 6.5%. Growth factors include emerging risks, digital transformation, demographic changes, an increased focus on sustainability and ESG (environmental, social, and governance) goals, and globalization. Major trends in this period include usage-based insurance (UBI), innovations in insurtech, parametric insurance, cyber insurance, and peer-to-peer (P2P) insurance.

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What Are the Major Segments in the Individual And Family Services Market?
The individual and family services market covered in this report is segmented -

1) By Type: Child And Youth Services, Services For the Elderly And Persons with Disabilities, Other Individual And Family Services
2) By Mode: Online, Offline
3) By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-help

Subsegments:
1) By Child and Youth Services: Adoption Services, Foster Care Services, Child Welfare Services, Youth Counseling and Support Services, Juvenile Delinquency Services
2) By Services for the Elderly and Persons with Disabilities: Home Healthcare Services, Assisted Living Services, Disability Support and Rehabilitation Services, Adult Day Care Services, Elderly Welfare Services
3) By Other Individual and Family Services: Marriage and Family Counseling, Financial Counseling and Support Services, Vocational Rehabilitation Services, Domestic Violence Support Services, Substance Abuse Counseling and Treatment Services

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What Are The Driving Individual And Family Services Market Evolution?
Rising abuse and neglect of children and the elderly are driving growth in the individual and family services market. According to the WHO, 1 in 6 individuals over 60 face abuse, particularly in institutional settings. The Children's Bureau reported that 60.8% of child victims were neglected, with over 15% suffering multiple types of abuse, increasing the demand for supportive non-residential social services.

Which Firms Dominate The Individual And Family Services Market Segments?
Major companies operating in the individual and family services market include CARE International, Childrens Aid and Family Services Inc., Eastwick Family Services, Executive Healthcare Services (EHS), Feeding America, Goldfields Individual and Family Support Association (GIFSA), Kairos Family Services, North East Independent Living Services, StepStone Family & Youth Services, United Nations Childrens Fund (UNICEF), SMART Child & Family Services, Young Men's Christian Association, Boys & Girls Clubs of America, Big Brothers Big Sisters of America, Girl Scouts of the USA, American Red Cross, The Salvation Army, The Emergency Food and Shelter Program, National Alliance to End Homlessness, The National Coalition for the Homeless, Covenant House, The Bowery Mission, The Midnight Mission, The Rescue Mission, The Union Rescue Mission, The City Mission, The Samaritan Inn, The Mustard Seed, The Road Home, The House of Charity, The Open Door Mission, The Denver Rescue Mission, The Nashville Rescue Mission, The Atlanta Mission, The Seattle's Union Gospel Mission, The Portland Rescue Mission, The San Francisco City Impact, The Los Angeles Mission, The Good Shepherd Center, The St. Vincent de Paul Society

What Individual And Family Services Market Trends Are Gaining Traction Across Different Segments?
Providers in individual and family services are leveraging virtual platforms to organize events, fundraising efforts, create awareness, and offer services. The pandemic prompted many organizations to transition to online platforms. For instance, in January 2023, CareFirst BlueCross BlueShield launched Virtual Connect, a virtual-first service offering a wide range of care services like preventive care, mental health, and insurance navigation, aimed at delivering continuous care to its members.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/individual-and-family-services-global-market-report

Which Is The Largest Region In The Individual And Family Services Market?
Western Europe was the largest region in the individual and family services market in 2023. Asia-Pacific was the second-largest region in the individual and family services market. The regions covered in the individual and family 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 Individual And Family Services Market?
2. What is the CAGR expected in the Individual And Family Services Market?
3. What Are the Key Innovations Transforming the Individual And Family Services Industry?
4. Which Region Is Leading the Individual And Family Services Market?

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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