Elderly Care Services Market Industry Size, Growth, Opportunities and Forecast 2030 (2023)

The MarketWatch News Department was not involved in the creation of this content.

Apr 21, 2023 (The Expresswire) --The research report on the "Elderly Care Services Market" Report In 2023, includes information for each competitor [Rhino Linings, AXALTA Coating Systems, Tecnopol, BASF SE and More] by Company Profile, Main Business Information, SWOT Analysis, Price and Gross Margin. It also covers market size for segments by Types [Home-based Care, Community-based Care, Institutional Care] and Applications [Public Expenditure, Private Source, Out-of-Pocket Spending]. Our research indicates that the [Healthcare] Industry will dominate and account for a significant portion of global income in 2023. Ask for a Sample Report

The report also identifies key growth factors that will propel the expansion of the market, such as the increasing demand for industry. With this information, stakeholders can make informed decisions and drive business growth. Overall, the "Elderly Care Services Market" report offers valuable insights and actionable information that can help stakeholders and decision-makers stay ahead of the curve in this rapidly evolving industry.

Get a Sample PDF of report at-https://www.marketreportsworld.com/enquiry/request-sample/21752488

TOP COMPANIES/MANUFACTURERS Dominating the Global Elderly Care Services Market are listed below:

● Pacific Healthcare Nursing Home

● Cascade Healthcare

● United Medicare Pte Ltd

● Benesse Style Care Co., Ltd

● Carewell-Service Co., Ltd

● St Luke's ElderCare Ltd

● Millennia Personal Care Services

● GoldenCare Group Private Limited

● Orange Valley Healthcare

● Golden Years Hospital

● NTUC Health Co-Operative Ltd

● Rosewood Care Group Inc.

● Latin America Home Health Care

● Nichiigakkan Co. Ltd

● Samvedna Senior Care

● SASCO Integrated Eldercare Centre

● ApnaCare Latin America Private Limited

● Econ Healthcare Group

● Epoch Elder Care

(Video) 14 Growing Industries of the Future [2022 Edition]

● RIEI Co.,Ltd

Get a Sample Copy of the Elderly Care Services Market Report 2023

Highlights of The Elderly Care Services Market Report:

- Market Overview and projections for the financial year 2030

- Elderly Care Services Market Growth Prospects, Revenue, Production Estimation

- Elderly Care Services Market drivers, restraints, opportunities, and current trends

- Data from the past and projections

- Market Scope, developments and trends

- Marketing Channel, Distributors and Customers

- Market forecasts by region, subregion, and country

- Influence of COVID-19 Outbreak

- Market Drivers, company profiles, product specifications, SWOT analysis, and competitive landscape are all included

- Manufacturing Cost Analysis, Upstream and Downstream Analysis

- government policies, macroeconomic and microeconomic issues.

In a word, this report is a must-read for industry participants, investors, researchers, consultants, business strategists, and anybody else who has a stake in the market or plans to enter it in any way.


- Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Elderly Care Services market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Elderly Care Services Industry.

- How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Please find the key player list in Summary.

- What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.

(Video) These are the stocks to buy for the next 10 years

Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

- Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

Enquire before Purchasing this report at-https://www.marketreportsworld.com/enquiry/pre-order-enquiry/21752488

Based on TYPE, the Elderly Care Services market from 2023 to 2030 is primarily split into:

● Home-based Care

● Community-based Care

● Institutional Care

Based on applications, the Elderly Care Services market from 2023 to 2030 covers:

● Public Expenditure

● Private Source

● Out-of-Pocket Spending


The perusers in the segment will comprehend how the Catchphrase market situation changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The changes in demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production are taken into consideration when conducting the study. The key factors that will contribute to the creation of opportunities for players and the stabilization of the industry as a whole in the years to come have also been highlighted by industry experts.

This report examined the impact of COVID-19 on the global Elderly Care Services market from both a global and a regional perspective. The Elderly Care Services market's revenue was million dollars in 2016, rose to million dollars in 2023, and will reach million dollars in 2030, with a CAGR of between 2023 and 2030. The report emphasized market analysis for COVID-19 and the appropriate response policy in various regions, from production to consumption, in North America, Europe, China, and Japan.


Regional Insights:

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2030) of the following regions are covered in this report:

United States





Southeast Asia

(Video) How Fast Will Tesla Kill Gas Cars? Auto Expert’s Answer Will Shock You! | Cory Steuben Munro

Latin America

Middle East and Africa

Reasons to buy:

Comprehensive Coverage-

Our report provides a descriptive overview of Elderly Care Services, including their applications, advantages, and limitations. It also covers historical and forecasted market size, providing an edge for developing effective business strategies.

In-depth Analysis -

The report offers an extensive account of the currently available Elderly Care Services, assessing key opportunities and outlining the factors driving the growth of the industry. It also provides a detailed analysis of the global Elderly Care Services market by value and region, including regional analysis for various regions such as the US, Europe, Japan, China, and India.

Timely Insights -

The report takes into consideration the impact of the COVID-19 pandemic and the Russia-Ukraine conflict on the Elderly Care Services industry, providing a timely understanding of the latest market trends and future growth potential.

Marketing Advantage-

By leveraging our report's insights, you can gain a marketing advantage by understanding the trends shaping and driving the Elderly Care Services market. This knowledge can help you position your business strategy to capitalize on the opportunities presented by the Elderly Care Services industry.

Trusted Source -

Our report is based on extensive research and analysis, and our team of experts has a proven track record of delivering reliable and accurate market insights. By purchasing our report, you can be confident that you are getting the most up-to-date and trustworthy information available.

Buy this report (Price 3450 USD for single user license) at- https://www.marketreportsworld.com/purchase/21752488

Some Major Points from the Table of Contents:

1 Elderly Care Services Market Overview

2 Global Elderly Care Services Market Landscape by Player

3 Elderly Care Services Upstream and Downstream Analysis

4 Elderly Care Services Manufacturing Cost Analysis

5 Market Dynamics

6 Players Profiles

7 Global Elderly Care Services Sales and Revenue Region Wise (2017-2023)

8 Global Elderly Care Services Sales, Revenue (Revenue), Price Trend by Type

9 Global Elderly Care Services Market Analysis by Application

(Video) The World Ahead 2023: five stories to watch out for

10 Global Elderly Care Services Market Forecast (2023-2030)

11 Research Findings and Conclusion

Browse complete TOC at-https://www.marketreportsworld.com/TOC/21752488

About Us:

Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.Market Reports Worldis the credible source for gaining the market reports that will provide you with the lead your business needs.

Contact Us:

Email: sales@marketreportsworld.com

Phone: US +(1) 424 253 0946 /UK +(44) 203 239 8187

Web: https://www.marketreportsworld.com

Find Our Latest Reports Below:

LCD Display Driver Market

Tara Gum Market

High Purity Nickel Market

Emerging Trends Analysis of Cosmetics, Perfumes and Toiletries Market

Study on Spermidine Market

By 2023, Bath Bar Handle Market

Global Intestinal Cannulation Market

Magnetizer Market

Adult Sleepwear Market

Beraprost Market

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Elderly Care Services Market Industry Size, Growth, Opportunities and Forecast 2030

Elderly Care Services Market Industry Size, Growth, Opportunities and Forecast 2030 (1)

(Video) Essential Oils Market Size, Share, Trends, Growth and Demand Forecast 2022-2030


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.


What is the market size of elder care? ›

What is the market size of the Elderly & Disabled Services industry in the US in 2023? The market size, measured by revenue, of the Elderly & Disabled Services industry is $64.6bn in 2023.

What is the future of elderly care? ›

As the Baby Boomer and overall population ages, the market for senior care will grow heavily in the coming years. The AARP reports that the number of seniors requiring additional care thanks to chronic illness will increase from about 14% of the senior population in 2010 to 21% by 2050.

What is the size of the elderly care market in India? ›

The India geriatric care services market is estimated to be valued at US$ 25.7 Bn in 2021, and is expected to exhibit a CAGR of 7.0 % over the forecast period (2021-2028).

What is the elderly market? ›

The Senior Demographic

While it's easy to think of the senior market as one population segment, it comprises four major groups: Pre-Retirees (50-65): The term senior generally starts at 55 years of age and up, but many people turning 50 are also planning for retirement.

What is the elderly market segment? ›

ABSTRACT - A segmentation of the senior market is presented based on two dichotomous variables: social and professional activity/inactivity. The resulting four groups are labeled socially active employees, socially passive employees, socially active retirees and socially passive retirees.

What are the 2030 problems on caring for aging? ›

The real challenges of caring for the elderly in 2030 will involve: (1) making sure society develops payment and insurance systems for long-term care that work better than existing ones, (2) taking advantage of advances in medicine and behavioral health to keep the elderly as healthy and active as possible, (3) ...

What is the goal of elderly care? ›

A senior care management plan may have specific goals and objectives. In its entirety, the main goal of the plan is to help an individual live as comfortably, safely and independently as possible. What this entails depends on the individual's needs.

What are 3 care needs for the elderly? ›

Seniors need personal care on a daily basis. Depending on their conditions and ability to the perform tasks, they may need assistance with bathing, dressing, and grooming. Professional caregivers can give Personal Services to help seniors with these tasks.

What is the market size of healthcare mobility? ›

According to a Comprehensive Research Report by Market Research Future (MRFR), “Healthcare Mobility Solutions Market Information By Product & Service, Application, End User and Region - Forecast till 2030", the market size was valued USD 39.8 billion in 2021 and is expected to reach USD 145.7 billion by 2030 at 22.20% ...

What is the market size of transitions of care? ›

The global transitional care management services market size was accounted at USD 204.7 billion in 2022 and it is projected to reach around USD 813.59 billion by 2032.

What is the market size of the healthcare and social assistance industry? ›

The market size, measured by revenue, of the Healthcare and Social Assistance industry is $3.4tr in 2023.

What is the best marketing strategy for the elderly? ›

Make it personal – If you're targeting seniors, your marketing should speak directly to their age group. You may even want to use their name if you're sending out an email campaign or direct mailer. Encourage loyalty – Once a senior likes a particular brand, they're not likely to stray away and seek out another one.

What is the best way to market to elderly? ›

If you're looking to market specifically to seniors and other older demographics, here are a few tips to keep in mind:
  1. Use appropriate language. ...
  2. Stay away from fear-based tactics. ...
  3. Market on multiple channels. ...
  4. Be clear about what you want. ...
  5. Don't sleep on video. ...
  6. Don't underestimate your audience.

What societies value the elderly? ›

Influenced by Buddhism, Taoism and Confucianism, countries such as Japan, China, Korea and Vietnam all value to wisdom imparted by elders and treat them with a high degree of respect.

What are the three groups of elderly? ›

Divisions Of The Aged
  • Between 60 – 75 years = young old.
  • Between 75 – 85 years = old.
  • Those 85+ are considered the frail older population.

What is the fastest growing segment of the elderly population? ›

E is correct. The fastest growing segment is people aged 80 years and older, with a growth rate twice that for people aged 65 years and older, and almost four times that for the total population. Today, this group comprises 10% of the older population but is expected to more than triple in the next 40 years.

What are the 4 bases of market segmentation age? ›

Market segmentation is the process of dividing the market into subsets of customers who share common characteristics. The four pillars of segmentation marketers use to define their ideal customer profile (ICP) are demographic, psychographic, geographic and behavioral.

What are the predictions for healthcare in 2030? ›

5 Healthcare Predictions for the Year 2030
  • Wearable technology monitors patient health. ...
  • Genetic testing and genomic profiling are widely used. ...
  • Telehealth is used for initial primary care appointments. ...
  • Increased access to health analytics. ...
  • Improved health outcomes.
Jun 4, 2020

How much is the elderly population expected to increase by 2030? ›

By 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60 years and over will increase from 1 billion in 2020 to 1.4 billion. By 2050, the world's population of people aged 60 years and older will double (2.1 billion).

Which group of elderly populations will increase the most by 2030? ›

By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so that 1 in every 5 residents will be retirement age.

What elderly need the most? ›

Here's what senior citizens want most when they get older.
  • Community. ...
  • Food. ...
  • Routine. ...
  • Respect. ...
  • Physical Activity. ...
  • Comfort. ...
  • Financial Security. Some seniors require assistance in managing their money. ...
  • Independence. Some senior citizens struggle to take care of themselves and complete everyday tasks.

What are the main goals of care? ›

Goals of care may be curative, rehabilitative, life-prolonging, or comfort focused.

Why is elderly important to society? ›

From all the experiences they have accumulated over the years, they can judge a situation and give constructive advice to their children. They also play an important role in solving disputes among the family members. Elderly people play an important role in the lives of their grandchildren.

What are at least 6 basic needs of the elderly? ›

Let's take a look.
  • Cleaning and Home Maintenance. Living in a safe, clean, and organized environment is vital for aging seniors. ...
  • Mobility Strategies and Resources. ...
  • Personal Care Standards. ...
  • Transportation. ...
  • Medication Control. ...
  • Nutrition Assistance.
Aug 22, 2021

What are the 7 physical needs of the elderly? ›

6) Practical care at end of life – Physical needs
  • Oral and mouth care. To make the person comfortable if they are not drinking well.
  • Nutrition. ...
  • Hygiene. ...
  • Pain relief. ...
  • Bowel and bladder care. ...
  • Positioning This is for comfort and to allow the person to be active if they are able but to rest when they cannot participate.

What are two unique healthcare needs of the elderly? ›

Handling Special Healthcare Needs
  • Arthritis. Arthritis is the number one condition that people 65 or older contend with. ...
  • Heart Disease. Heart disease is the leading killer of adults over age 65. ...
  • Cancer. Out of all the risk factors for developing cancer, age is the greatest one. ...
  • Alzheimer's Disease. ...
  • Osteoporosis. ...
  • Diabetes.
Jun 8, 2018

Where does healthcare rank in industry size? ›

The healthcare industry is worth $808 billion in the United States as of 2021. The U.S. healthcare industry is the third-largest in the U.S. The U.S. spends twice more than what other countries do on healthcare. Each year, there are over 1.2 million available jobs in the U.S. healthcare industry.

What is the target market for healthcare? ›

Target marketing in healthcare is the practice of marketing your healthcare center to your target audience by using strategies like audience research, segmentation, and more. With healthcare target marketing, you can better reach your ideal client or patient.

What is the market for healthcare? ›

Health Care Market means that market for sale or lease of products and services to assist Health Care Providers and Persons licensed, contracted, or subcontracted by Health Care Providers to perform their duties with respect to Health Care Services and shall exclude the Criminal Justice Market.

What are the 4 pillars of the care transitions model? ›

Whittington, 2008), and Coleman's “Four Pillars” of care transition activities of medication management, patient-centered health records, follow-up visits with providers and specialists, and patient knowledge about red flags that indicate worsening conditions or drug reactions (E. Coleman, C.

What is transition care for the elderly? ›

Transitional care encompasses a broad range of services and environments designed to promote the safe and timely passage of patients between levels of health care and across care settings.

Which leads to a successful transition of care? ›

A meta-analysis found that the most successful strategies to improve transitions of care were communication, and relationship and process strategies, particularly those focusing on coordination of care.

Is the healthcare industry a competitive market? ›

The healthcare industry is highly competitive, so taking the time to understand your aspirational, direct, and secondary competitors and make informed decisions based on your findings are crucial for success.

What is the largest sector of healthcare? ›

Nursing is the nation's largest healthcare profession, with nearly 4.2 million registered nurses (RNs) nationwide. Of all licensed RNs, 84.1% are employed in nursing.

What is the market size of SNF in the US? ›

The USA skilled nursing facility market has been valued at US$ 181.74 billion for 2022 and is expected to grow at a CAGR of 3.32% from 2022 to 2032, anticipated to be valued at US$ 251.94 billion by 2032.

What is geriatric care in high demand? ›

The primary reason why the senior care industry is growing is due to the fact that people are living longer. According to the United States Census Bureau, Americans' life expectancy is projected to increase by about six years by 2060.

What is the US market size for healthcare? ›

Revenue in the Health Care segment is projected to reach US$17.03bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 12.90%, resulting in a projected market volume of US$27.67bn by 2027.

Who is the largest senior living provider? ›

Brookdale Senior Living (NYSE: BKD) retained its status as the largest senior living operator by a wide margin, even as the company has been reshaping its portfolio through a series of dispositions and restructuring under CEO Cindy Baier's leadership.

What is the outlook for the SNF industry? ›

The U.S. skilled nursing facility market size was valued at USD 179.0 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 3.43% from 2023 to 2030.

How many senior nursing facilities are there in the US? ›

There are about 26,514 nursing homes in the U.S. This is the number of nursing homes as of 2022, and it is 2% more than there were in 2021.

What is the operating margin of SNF? ›

The operating margin measures the profitability of a SNF by comparing its net operating income or loss to its operating revenue. This ratio represents the profitability of a SNF's operations from its primary revenue sources, as it excludes contribution and investment income.

What are the 5 giants of geriatrics care? ›

The 5 Is of geriatric giants are: iatrogenesis, immobility, instability, incontinence and impaired cognition. Consequences for the patient and their caregivers include loss of functional independence, institutionalisation and caregiver burnout.

Is geriatrics a growing field? ›

According to the Census Bureau it is estimated that by 2030 for the first time there will be more people over 65 than children. With this aging population comes increased need for knowledgable gerontologists, making a gerontology career a secure career path for those who wish to pursue a career in this field.

What is the highest level of care for elderly? ›

Level three is considered the highest level of care and is usually applied to seniors that have more significant cognitive impairments or needs that inhibit their ability to complete their daily activities.

What are the projections for healthcare industry growth? ›

Based on updated and expanded projections, we estimate that healthcare profit pools will grow at a 4 percent CAGR from $654 billion in 2021 to $790 billion in 2026; in our previous article, we estimated a 6 percent growth from 2021 to 2025.

What are the 4 main healthcare sectors? ›

US Healthcare Sectors
  • Health insurance.
  • Healthcare marketing.
  • Pharmaceuticals.
  • Healthcare tech.
  • Health administration.
Jan 1, 2023

What is the major trend in the healthcare industry today? ›

Improved Workflows. Healthcare professionals can utilize more streamlined workflows, made possible by faster internet and increased connectivity. Medical Internet of Things (IoT). Medical IoT is a rapidly growing field that implements wearable devices, monitors and integrated applications for healthcare needs.

What state has the best senior services? ›


Who are the richest nursing home owners? ›

LCCA is the biggest privately owned chain of nursing homes and assisted living facilities in the country and the only one in the U.S. to have minted a billionaire. The $3.2 billion (2018 sales) company is entirely owned by Tennessee billionaire Forrest Preston, who built it from scratch over the last half-century.

Who provides the most long-term care services? ›

Nursing homes are the highest level of long-term care. They provide 24-hour care to residents. Staff provide help with daily activities such as feeding, dressing, and bathing along with medical care and physical, occupational, and speech therapy.


1. Rheology Modifiers Market Size, Share, Growth and Industry Forecast Report from 2022 to 2030
(Reports and Data)
2. Medical Spa Market – Industry Trends and Forecast to 2030
(emily allen)
3. North America TIC Market – Analysis and Forecast (2022-2030)
(VynZ Research)
4. Antiviral Drugs Market Size and Share | Industry Trends and Forecast Report 2022-2030
(Reports and Data)
5. Dog Food Market Demand, Trends, Applications 2022 | Industry Size and Forecast Analysis by 2030
(Reports and Data)
6. Electric Vehicle Industry Growth & Forecast analysis up to 2030!


Top Articles
Latest Posts
Article information

Author: Gregorio Kreiger

Last Updated: 10/06/2023

Views: 6136

Rating: 4.7 / 5 (77 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Gregorio Kreiger

Birthday: 1994-12-18

Address: 89212 Tracey Ramp, Sunside, MT 08453-0951

Phone: +9014805370218

Job: Customer Designer

Hobby: Mountain biking, Orienteering, Hiking, Sewing, Backpacking, Mushroom hunting, Backpacking

Introduction: My name is Gregorio Kreiger, I am a tender, brainy, enthusiastic, combative, agreeable, gentle, gentle person who loves writing and wants to share my knowledge and understanding with you.