Elderly Care Market to Reach at a CAGR of 8.4% During Period, 2018-2024

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Elderly Care Market
Global Elderly Care Market Expected to Reach at a
CAGR of 8.4 by 2024
Global Elderly Care Market accounted for USD
863.7 billion in 2016 growing at a CAGR of 8.4
during the forecast period of 2017 to 2024. The
upcoming market reports contain data for historic
year 2015, the base year of calculation is 2016
and the forecast period is 2017 to 2024.
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Report Description
Global Elderly Care Market By Type(Home Care
(Health Care, Non Medical Home Care), Adult Day
Care, Institutional Care (Nursing Homes, Hospital
Based, Assisted Living, Independent Senior
Living)), Product Type (Pharmaceuticals, Housing
Assistive Devices, Technology)Geography (North
America, Europe, Asia-Pacific, South America,
Middle East, Africa).
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Market Drivers and Restraints

• Rising geriatric population
• Increased life expectancy
• Prevalence chronic illness among aged population
• Growth in health expenditure by senior citizens
• Rise of technology-enhanced senior care
• Easy reimbursement policies
• Lack of qualified employee
• Cost affordability

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Market Segmentation
On the basis of type, global elderly care market
is segmented into home care, adult day care, and
institutional care. Home care is further
sub-segmented into health care and non medical
home care. Whereas, institutional care is further
sub-segmented into nursing homes, hospital based,
assisted living, and independent senior
living. On the basis of product types, global
elderly care market is segmented into
pharmaceuticals, housing and assistive devices,
and technology.
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Regional Analysis

• Based on geography the market is segmented into 5
  geographical regions,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East Africa
• Some of the major countries covered in this
  report are U.S., Canada, Germany, France, U.K.,
  Netherlands, Switzerland, Turkey, Russia, China,
  India, South Korea, Japan, Australia, Singapore,
  Saudi Arabia, South Africa, and Brazil among
  others.

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Major Key Players
Global Elderly Care Market Company
Analysis Amedisys, Brookdale Senior Living
Solutions, Japan Senior Living Investment
Corporation. , Econ Healthcare Group , Epoch
Elder Care, Extendicare Inc.,Gentiva Health
Services Inc. , Genesis HealthCare, Kindred
Healthcare, Inc.,NTUC HEALTH CO-OPERATIVE LTD, ST
LUKES ELDERCARE LTD, Samvedna Senior Care, and
Goldencare.
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