Aged Care Residential Services in New Zealand - Industry Market Research Report

Aged Care Residential Services in New Zealand - Industry Market Research Report

Aged Care Residential Services in New Zealand

The Aged Care Residential Services industry has changed in recent years, as facilities have progressively moved to high-care or hospital-level models in line with increased resident acuity levels. While aged-care residential services once relied on institutionalised care, a growing number of providers are rolling out more contemporary integrated living options across aged residential care, retirement living and home care. Demand for traditional standalone rest homes is suffering, as more flexible care options are beginning to thrive.

Industry operators provide long-term residential care in rest homes, dementia units, psychogeriatric care units and long-stay hospitals primarily for people aged over 65. Operators can also provide short-term residential care including respite care, carer support and Accident Compensation Corporation care. Industry operators include for-profit organisations, and not-for-profit entities and charities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.