Geriatric Care Services Market to surpass US$ 907.2 MILLION by 2024 : Coherent Market Insights

Global Geriatric Care Services Market, By Service Type (Home
Healthcare, Assisted Living Facilities, Adult Day Care Services,
Continuing Care, Skilled Nursing Facilities), and By Geography Trends, Analysis and Forecast till 2024
[DATE]
[COMPANY NAME]
[Company address]
GERIATRIC CARE SERVICES MARKET TO SURPASS US$ 907.2
MILLION BY 2024
Report Description
The Global Geriatric Care Services Market was valued at US$ 599.6 million by 2015 and is projected to
expand at a CAGR of 4.2% from 2016 to 2024, as analyzed by Coherent Market Insights in its detailed
report about the same. Increasing women labor workforce participation and growing disposable income is
driving demand for geriatric care services for the rapidly aging population.
Gone are the days when members of the family used to stay together. Growing inflation and expenses
has urged the earners of the family to travel for better opportunity. In an endeavor to reduce the financial
burden on a single person in the family, number of women in the workforce is increasing rapidly across
the globe. The Department of Labor (DOL) states that around 57% of women were part of the active
workforce in the U.S. in 2015. Also, as per the Australian Bureau of Statistics, women constitute 46.2% of
total workforce in Australia as of August 2016. This has led to an increase in demand for geriatric care for
the rapidly aging population.
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Functional disability is common among the elderly population. Geriatric care service providers have
evolved significantly by increasing their range of services from mere psychological support and home
management to nursing care and supervision. Besides, various geriatric care centers offer 24x7 services
to differentiate and provide emergency services, a must for elderly care. Furthermore, the geriatric care
service providers are integrating various cutting-edge technologies to boost their service performance.
LivHome Technology+ by LivHome, Inc. addresses the safety issues, enables social engagement, and
medication support. The company offers LivHome Connect that includes 24-hour Active Remote Care
(ARC) from in-house licensed nurses to patients.
Trend of geriatric care services is on the rise predominantly owing to rapidly aging population. According
to the 2015 report by the United States Census Bureau, the elderly population (65 years and above) is
estimated to increase from 8.5% in 2015 to 12% by 2030. Increasing geriatric care service access for the
elderly population is equally important. According to Senior Care Services Scale (SCSS) developed by
the researchers at Johns Hopkins University suggests a gap in the offerings of geriatric care services and
the need of geriatric population.
Some of the geriatric service providers across the globe are Sunrise Senior Living, Epoch Elder Care,
Senior Care Centers of America, Kindred Healthcare Inc., and Home Instead Senior Care Inc.
Collaborations with physicians, assistive device manufactures, and insurers would be essential in
increasing geriatric care service access for the elderly population.
Key takeaways of the market:
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The global geriatric services market is classified on the basis of service type and geography
Skilled nursing facilities held the major share in the global geriatric care services market, owing to
challenges faced by the elderly population in performing their daily activities and simultaneously
meeting their medical needs.
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Market for continuing care is projected to increase faster than the other segments on account of
increasing disposable income allowing customers to spend on continuum care. The market for
continuing care would be growing at a CAGR of 4.6% during the forecast period.
Globally, North America lead the market in terms of US$ value on account of increasing women
workforce participation and increasing disposable income
Geriatric care services market is expected to grow at a rapid pace in Latin America region on
account of rapidly aging population. Though the geriatric care services market in India and China
is expected to expand at a rapid CAGR of 7.5% and 7.1% respectively during the forecast period,
slower growth in Japan would negatively impact the overall growth of Asia Pacific market, as Japan
occupies dominant share of the region.
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TABLE OF CONTENT
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
 Market Definition and Scope
o Executive Summary
 Market Snippet By Service Type
 Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
 Drivers
 Supply Side Drivers
 Demand Side Drivers
 Economic Drivers
 Restraints
 Market Opportunities
 Regulatory Scenario
 Industry Trend

Epidemiology/Prevalence/Incidence
 Promotion and Marketing Initiatives
4. Global Geriatric Care Services Market, By Service Type, 2014 - 2024 (US$ Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Home healthcare
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
o Assisted living facilities
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
o Adult day care services
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
o Continuing care
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
o Skilled nursing facilities
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
5. Global Geriatric Care Services Market, By Regions, 2014 - 2024 (US$ Million)
o Introduction
 Market Share Analysis, By Region, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, For Regions, 2014 - 2024
o North America
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.S.
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 Canada
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
o Europe
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.K.
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 Germany
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Country Trends
Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
Italy
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o
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Country Trends
 Market Size and Forecast, By Service Type, 2014
France
 Country Trends
 Market Size and Forecast, By Service Type, 2014
Spain
 Country Trends
 Market Size and Forecast, By Service Type, 2014
Russia
 Country Trends
 Market Size and Forecast, By Service Type, 2014
Others
 Country Trends
 Market Size and Forecast, By Service Type, 2014
Asia Pacific
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 China
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 India
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Japan
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 ASEAN
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Australia
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 South Korea
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Others
 Country Trends
 Market Size and Forecast, By Service Type, 2014
Latin America
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
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Market Share Analysis, By Country, 2015 and 2024 (%)
Y-O-Y Growth Analysis, By Country, 2014 - 2024
 Brazil
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Mexico
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Argentina
 Country Trends
 Market Size and Forecast, By Service Type, 2014
 Others
 Country Trends
 Market Size and Forecast, By Service Type, 2014
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
- 2024 (US$ Million)
Africa
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Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 Northern Africa
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 Central Africa
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 South Africa
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
o Middle East
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 GCC Countries
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 Israel
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
 Rest of Middle East
 Country Trends
 Market Size and Forecast, By Service Type, 2014 - 2024 (US$ Million)
6. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3x3 Matrix)
o Company Profiles
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Brookdale Senior Living
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Sunrise Senior Living Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Senior Care Centers of America
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Kindred Healthcare Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
GGNSC Holdings, LLC
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Extendicare, Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Home Instead Senior Care Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
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Gentiva Health Services Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
Genesis Healthcare Corp
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans Analyst Views
7. Section
o References
o Research Methodology
o About us and Sales Contact
About Us
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The Global Geriatric Care Services Market was valued at US$ 599.6 million by 2015 and is projected to expand at a CAGR of 4.2% from 2016 to 2024, as analyzed by Coherent Market Insights in its detailed report about the same. Increasing women labor workforce participation and growing disposable income is driving demand for geriatric care services for the rapidly aging population. For Any Queries Get Solutions With A FREE PDF Sample: https://www.coherentmarketinsights.com/insight/request-sample/88

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