Press release
Global Elder Care Services Market Suppose to Attain CAGR of 8.4% During 2017 – 2025
Browse Full Report @ https://www.persistencemarketresearch.com/market-research/elder-care-services-market.asp
Rapid growth of elder care services and increasing governmental regulations to speed up market growth
With an increase in the worldwide geriatric population brought about by changing global demographics, there has been a sharp rise in demand for elder care services. An increased life expectancy of the population has further augmented this demand in the global market, leading to the growth of several businesses providing elder care services at a global level. Further, the family structure has moved to a more nuclear system in several countries of the world, necessitating the outsourcing of elderly caregiving to hospitals and healthcare institutions, as the preference of nuclear families is shifting towards different service types such as institutional care and community based care. These factors are anticipated to boost revenue growth of the global elder care services market, which, according to Persistence Market Research analysis, will reach a market valuation of US$ 1,767.3 Bn by the end of 2025, up from an estimated US$ 927.1 Bn in 2017, reflecting a CAGR of 8.4% over the forecast period (2017–2025).
Request to Download and View Full TOC @ https://www.persistencemarketresearch.com/market-research/elder-care-services-market/toc
Global Elder Care Services Market: Segmental Insights
Institutional care is slated to remain the largest segment by service type in the global elder care services market in terms of revenue, with an estimated 75% market share by the end of 2025. Community-based care is the second largest segment, with about 18% value share by the end of the forecast period
Public and government expenditure is the largest source of financing in the global elder care services market, projected to grow at a CAGR of 7.9% over the forecast period. The public expenditure segment dominated the global elder care services market in terms of financing source in 2016, and the trend is projected to continue throughout the forecast period. Public expenditure is expected to account for the largest share of financing of elder care, with a market attractiveness index of 1.8 over the forecast period. Out-of-pocket spending is anticipated to be the second most common form of financing for elder care, with a market attractiveness index of 0.8 over the forecast period. However, in terms of CAGR growth, the out-of-pocket spending segment holds the first place – recording 9.4% growth during 2017 – 2025
Request and Download Sample Report@ https://www.persistencemarketresearch.com/samples/3427
Global Elder Care Services Market: Regional Forecast
According to Persistence Market Research forecasts, Europe will remain the largest regional market for elder care services, estimated to hold a revenue share of about 37% in 2017. North America is the second largest regional market, with a projected revenue share of about 30% in 2017. However, the Asia Pacific market for elder care services is predicted to be the fastest growing regional market, registering the highest regional CAGR of 11.0% during the forecast period.
Global Elder Care Services Market: Competitive Landscape
The report profiles some of the top companies operating in the global elder care services market such as Benesse Style Care Co., Ltd, Econ Healthcare Group, Epoch Elder Care, St Luke's ElderCare Ltd, Latin America Home Health Care, Samvedna Senior Care, ApnaCare Latin America Private Limited, Nichiigakkan Co. Ltd, Golden Years Hospital, Orange Valley Healthcare, NTUC Health Co-Operative Ltd, GoldenCare Group Private Limited, Carewell-Service Co., Ltd, RIEI Co.,Ltd, SASCO Integrated Eldercare Centre, Cascade Healthcare, Millennia Personal Care Services, Rosewood Care Group Inc., Pacific Healthcare Nursing Home, United Medicare Pte Ltd.
Buy Full Elder Care Services Market Report @ https://www.persistencemarketresearch.com/checkout/3427
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Elder Care Services Market Suppose to Attain CAGR of 8.4% During 2017 – 2025 here
News-ID: 781592 • Views: …
More Releases from Persistence Market Research
Europe Automotive Heat Exchanger Market to Reach US$ 8.9 Billion by 2031, Exhibi …
The Europe automotive heat exchanger market has been witnessing steady growth, driven by the rapid evolution of vehicle technologies, stricter emission norms, and the widespread adoption of electric and hybrid vehicles. According to Persistence Market Research, the market is valued at US$ 6.4 billion in 2024 and is projected to reach US$ 8.9 billion by 2031, expanding at a CAGR of 4.9% during the forecast period from 2024 to 2031.…
Digital Crosspoint Switches Market Anticipated to Hit USD 52.5 Billion by 2032
Overview of the Digital Crosspoint Switches Market
The global digital crosspoint switches market is expected to be valued at US$ 28.9 billion in 2025, with projections to reach US$ 52.5 billion by 2032, growing at a robust CAGR of 8.9% during the forecast period. This growth is fueled by the surging need for high-speed data transmission, the expansion of next-generation telecommunications networks, and the increasing deployment of data centers worldwide. As…
Multiformat Transcoders Market Estimated to Grow at 8.6% CAGR by 2032
Overview of the Multiformat Transcoders Market
The global multiformat transcoders market is poised for remarkable expansion, with an estimated valuation of US$ 1.3 billion in 2025, projected to reach US$ 2.3 billion by 2032. This growth trajectory represents a robust CAGR of 8.6% during the forecast period (2025-2032). The market's expansion is driven by the surging demand for high-quality video streaming, advancements in cloud-based transcoding technologies, and the rising consumption of…
Automotive Bearing and Clutch Component Aftermarket Set for 4.5% CAGR Growth, Su …
The global automotive bearing and clutch component aftermarket is poised for steady expansion over the forecast period. According to the latest findings from Persistence Market Research, the market is projected to grow from an estimated US$ 5.3 billion in 2024 to approximately US$ 7.2 billion by 2031, reflecting a compound annual growth rate (CAGR) of 4.5%. This market covers the replacement of bearings, clutch kits, and related clutch components that…
More Releases for Care
Scalable Care Senior Care Marketing Experts
Quality marketing is crucial in the world of senior care, and that's where Scalable Care comes in. As an agency who have team members from within longterm care and assisted living marketing departments, they've been able to standout as an agency with experience and credible backgrounds. How? Using data-led tactics, they have boosted their clients' online visibility and grown engagement with their target audience.
They proudly say their style of marketing…
Care Right There Home Care Continues Prioritizing New Jersey Elderly Care
Care Right There Home Care, a top NJ senior care provider, offers personalized, compassionate care to enrich the lives of the elderly. With a focus on individual needs and meaningful relationships, they provide daily assistance and complex healthcare services to improve seniors' quality of life across New Jersey. Google it at https://carerightthere.com for more information.
New Jersey - Care Right There Home Care, a distinguished provider of senior care services, is…
Transforming Home Care with Care and Beyond Home Care
Montgomery Village, MD - Care and Beyond Home Care is revolutionizing the landscape of home healthcare services, setting a new standard of excellence that goes above and beyond the ordinary. With a steadfast commitment to providing professional and compassionate care, Care and Beyond Home Care has emerged as a beacon of support for families across Montgomery County, Prince Georges County, Howard County, and Frederick County.
In an era where personalized attention…
Ayurvedic Market by Product (Healthcare, Personal Care, Skin Care, Hair Care, Or …
According to a new report published by Allied Market Research, titled, "Ayurvedic Market: Global Opportunity Analysis and Industry Forecast, 2022-2029" Ayurveda is a system of medicine that has its origination roots in the Indian subcontinent. It uses natural healing practices to cure clinical conditions such as sinusitis, cough, depression, and insomnia. Ayurveda therapies have been integrated in general wellness and in some cases in medical use worldwide. In addition, ayurvedic…
Home Care Market Exceptional Business Performance | Polishes, Surface Care, Toil …
Report Ocean released a report that presents a detailed analysis of the Global Home Care Market, along with insights into key factors which drive the market.
The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global Home…
Baby Care and Mother Care Market - Taking Care of a Newborn
Baby care and mother care products are meant for infants and mostly children under the age of four. These products are specifically formulated to be non-irritating and have mild use ingredients which are selected to make the products organic and natural. A number of key players now manufacture personal care products for mother and child that are designed specifically for use during pregnancy.
Obtain Report Details @ https://www.transparencymarketresearch.com/baby-care-and-mother-care-market.html
The global baby care…
