Elder Care Services: Continuously Rising Demand for Assisted Living to Aid Industry Expansion

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Elder Care Services Market Global
Industry Analysis and Forecast to 2022 to 2031
Report Id PMRREP3427 Category Life Science
Healthcare
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Elder Care Services Market Global
Industry Analysis and Forecast to 2022 to 2031

• Revenue from worldwide elder care services
  reached US 1.23 Bn at the end of 2021. As per
  detailed analysis, the global elder care services
  market is anticipated to expand at a CAGR of 7.6
  and reach US 2.56 Bn by 2031-end.
• According to in-depth industry analysis conducted
  by Persistence Market Research, a majority of
  elder care services are financed through public
  expenditure, which accounted for 65.5 of the
  global senior care market share. Elder care
  services accounted for less than 1 of the global
  healthcare services market in 2021.
• According to latest projections, institutional
  care is the most preferred way of accessing elder
  care services and holds more than 70 share in
  the market.

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