Global Elder Care Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Elder Care Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Elder Care Services market size was valued at USD 416740 million in 2023 and is forecast to a readjusted size of USD 488540 million by 2030 with a CAGR of 2.3% during review period.

Elder care service providers are continuously growing due to rising number of older patients suffering from disabilities and improving day care facilities. Hence, companies are more focused in wireless connectivity and advanced devices to deliver healthcare services. In order to meet customer needs, elder care service companies are entering into various private care centres because older people tend to choose living in care facilities with specialized services requirements, which are provided in private care centres. Chronic conditions of elderly and preventive care technology are opening up niche markets. Moreover, the driving factor of such day care facilities is the overall cost of the setup, which is comparatively less than hospitalization. The day care facility is provided for 10-12 hours a day and is also expected to fuel elder care services market growth in terms of revenue over the forecast period.

Few factors driving the growth of global elder care services market include increase in healthcare expenditure, increasing adoption of elder home care services, government funding for aged care services and well-developed infrastructure with wide-range of services. Also, rising number of elderly patients suffering from disabilities and high dependency ratio of elderly over younger population is likely to fuel the elder care services market over 2018–2026

The Global Info Research report includes an overview of the development of the Elder Care Services industry chain, the market status of Community (Home-Based Care, Community-Based Care), Gerocomium (Home-Based Care, Community-Based Care), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Elder Care Services.

Regionally, the report analyzes the Elder Care Services markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Elder Care Services market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Elder Care Services market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Elder Care Services industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Home-Based Care, Community-Based Care).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Elder Care Services market.

Regional Analysis: The report involves examining the Elder Care Services market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Elder Care Services market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Elder Care Services:

Company Analysis: Report covers individual Elder Care Services players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Elder Care Services This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Community, Gerocomium).

Technology Analysis: Report covers specific technologies relevant to Elder Care Services. It assesses the current state, advancements, and potential future developments in Elder Care Services areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Elder Care Services market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Elder Care Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Home-Based Care
Community-Based Care
Institutional Care

Market segment by Application
Community
Gerocomium
Others

Market segment by players, this report covers
Benesse Style Care
Econ Healthcare
Epoch Elder Care
St Luke's ElderCare
Latin America Home Health Care
Samvedna Senior Care
ApnaCare Latin America
Nichiigakkan
Golden Years Hospital
Orange Valley Healthcare
NTUC Health Co-Operative
GoldenCare
Carewell-Service
RIEI
SNCF
Cascade Healthcare
Millennia Personal Care Services
Rosewood Care
Pacific Healthcare Nursing Home
United Medicare

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Elder Care Services product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Elder Care Services, with revenue, gross margin and global market share of Elder Care Services from 2019 to 2024.

Chapter 3, the Elder Care Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Elder Care Services market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Elder Care Services.

Chapter 13, to describe Elder Care Services research findings and conclusion.