Press release
Elder Care Services Industry Intelligence Insights, Market Size, Growth Driver & Leading Providers - Brookdale Senior Living, Extendicare, Gentiva, Sunrise Senior Living, Genesis Healthcare, CK Franchising
elder care services market size reached US$1.34Billion in 2024 from US$1.27Billionin 2023 and is expected to reach US$ 2.33Billion by 2033, growing at a CAGR of 6.4%during the forecast period 2025-2033.According to DataM Intelligence has published its latest report on the "Elder Care Services Market Size 2025," delivering comprehensive insights into key growth drivers, market segmentation, regional trends, and competitive revenue analysis. The report highlights the market size in both value and volume, CAGR projections, and emerging opportunities that help businesses identify growth potential and craft winning strategies. With a clear, data-driven outlook on current developments and future trends, this research is a must-read for companies seeking to stay ahead in Market.
The World Health Organization projects that the global population aged 60 and above will double by 2050.
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Key Market Highlights
North America leads the Elder Care Services Market with a 43.16% revenue share in 2024.
Asia Pacific is the fastest-growing region, with a CAGR of 6.5% during the forecast period.
By service type, Home Care Services dominate, accounting for 51.98% of the market in 2024.
Top Key Companies:
Top players include Brookdale Senior Living, Extendicare, Gentiva, Sunrise Senior Living, Genesis Healthcare, Home Instead, CK Franchising, Amedisys, and LHC Group.
Growth Projection:
The Global Elder Care Services Market is set to witness significant growth between 2025 and 2032. While 2024 reflects steady progress, the increasing adoption of innovative strategies by leading players is expected to accelerate growth across the projected horizon. This creates a strong landscape of opportunities for businesses looking to expand, invest, and stay competitive in a rapidly evolving market.
Market Intelligence Research Process:
The Elder Care Services Market research report by DataM Intelligence leverages both primary and secondary data sources to deliver deep insights. It explores a wide range of factors shaping the industry from government regulations, market conditions, and competitive dynamics to historical trends, technological advancements, upcoming innovations, and potential challenges. This comprehensive analysis highlights growth prospects while addressing barriers, helping businesses navigate volatility and seize new opportunities
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Key Market Segments:
The home care services segment leads the elder care market with a 51.98% share in 2024.
The institutional care services segment is the fastest-growing in the elder care market, holding a 32.70% share in 2024.
By Service Type: (Home Care Services, Adult Care Services, and Institutional Care Services)
By Application: (Chronic Disease Management, Mobility Assistance, Mental Health Support, General Wellness and Preventive Care, and Others)
Global Growth Regions:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Introduces the report with an overview of coverage summarizing key market segments by region, product type, and application. It offers a clear snapshot of market size, segment-wise growth potential, and both short- and long-term industry outlook.
Chapter 2: Brings forward the most valuable market insights and reveals the game-changing emerging trends shaping the industry's future.
Chapter 3: Provides a detailed analysis of the competitive landscape among Elder Care Services covering revenue shares, strategic initiatives, and the latest mergers & acquisitions.
Chapter 4: Delivers comprehensive profiles of top players, including revenue, profit margins, product lines, and company milestones.
Chapters 5 & 6: Break down revenue performance across regions and countries, offering a precise view of market sizes, opportunities, and development prospects worldwide.
Chapter 7: Examines segmentation by type, revealing the size and potential of each category guiding businesses toward untapped, high-impact areas.
Chapter 8: Focuses on applications, evaluating how different downstream markets are growing and identifying promising sectors for expansion.
Chapter 9: Maps the entire industry supply chain, detailing both upstream and downstream activities for a holistic understanding.
Chapter 10: Concludes with key findings and the most critical takeaways giving stakeholders a clear direction for future strategies.
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FAQ's
Q1: How fast is the Elder Care Services Market growing?
A: The market is set to grow at a CAGR of 6.4% between 2025 and 2032, showing steady global expansion.
Q2: Which Regions lead the Elder Care Services Market?
A: North America leads elder care services with 43.16%; Asia-Pacific fastest-growing at 6.5% CAGR in 2024
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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