Press release
United States Elder Care Services Market 2025: Market Drivers, Industry Insights, Future Scope, Growth Projection
Elder Care Services Market
United States Elder Care Services Market size in 2024: USD 120.9 B and projected to reach USD 215.5 B by 2032 with a CAGR of 7.1% (2025-2032)
Japan Elder Care Services Market size in 2024: USD 38.3 B and projected to reach USD 61.8 B by 2032 with a CAGR of 6.2% (2025-2032)
United States: Recent Industry Developments
✅ October 2025: Home healthcare providers expanded remote monitoring technologies to improve elderly patient care and safety.
✅ September 2025: Assisted living facilities integrated AI-powered fall detection systems and personalized care plans.
✅ August 2025: Government incentives increased funding for elder care workforce training and technology adoption.
Japan: Recent Industry Developments
✅ October 2025: Robotic caregiving solutions gained traction to support Japan's rapidly aging population in home care settings.
✅ September 2025: Expansion of community-based elder care centers focused on dementia-friendly environments.
✅ August 2025: Collaborative public-private initiatives promoted smart home adaptations to enhance elder independence.
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Key Market Highlights
North America leads the elder care services market, holding the largest revenue share of 43.16% in 2024.
The Asia Pacific region is the fastest-growing market, expected to expand at a CAGR of 6.5% during the forecast period.
By service type, the home care services segment dominates the market with a revenue share of 51.98% in 2024.
Key Players:
Brookdale Senior Living Inc., Extendicare, Gentiva, Sunrise Senior Living, Genesis Healthcare, Home Instead, Inc., CK Franchising, Inc., Amedisys, and LHC Group, Inc.,
Latest M&A Activity
Senior living and care M&A hit a new monthly transaction record in October 2025 with 110 publicly announced deals, driven by consolidations among home-based care, assisted living, and hospice providers across the US and globally.
Notable deals include Addus Homecare's $21.2 million acquisition of Helping Hands Home Care Service and LifeCare Home Health's acquisition of St. Gabriel's Hospice & Palliative Care, expanding geographic and service capabilities.
Private equity remains a key driver enabling strategic acquisitions and platform consolidations to increase scale and service density.
Growth Forecast Projected:
The Global Elder Care Services Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Elder Care Services Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
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)
Regional Analysis for Market:
⇥ 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)
Recent Product Launches and Innovations
Anvayaa Care launched 'Abhay Drive,' a remote patient monitoring and emergency response system for elderly care, leveraging patented technology for early intervention and care coordination.
Policybazaar launched 'Saarthi,' an elder care concierge service offering specialized advisory, priority helplines, on-ground claim support, and ambulance coordination through partnerships with home healthcare providers, diagnostics, and elder care services.
Digital platforms integrating financial, healthcare, social, and support services aim to improve productivity, resource optimization, and holistic care for the elderly.
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Research and Clinical Trials Insights
Innovative clinical trial designs focus on age-appropriate interventions capturing quality of life and multi-morbidity impacts, as exemplified by the Taiwan Integrated GERiatric (TIGER) care study emphasizing physical, cognitive, and psychological domains.
Trials exploring neurocognitive decline in elderly populations address early interventions in Alzheimer's, dementia, and related conditions to improve long-term outcomes.
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