Global Aged Care Market 2024-2028
The aged care market is forecasted to grow by USD 343.71 mn during 2023-2028, accelerating at a CAGR of 5.72% during the forecast period. The report on the aged care market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for aged care services, aging baby boomer population, and rising adoption of eco-friendly and sustainable practices in aged care facilities.
Technavio's aged care market is segmented as below:
By Service
- Home care
- Institutional care
- Adult day care
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the technological advancements in aged care as one of the prime reasons driving the aged care market growth during the next few years. Also, rise in popularity of personalized care models and rise in strategic partnerships among vendors in aged care will lead to sizable demand in the market.
The report on the aged care market covers the following areas:
- Aged care market sizing
- Aged care market forecast
- Aged care market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aged care market vendors that include ALC HOME HEALTH, Amedisys Inc., ApnaCare Pvt. Ltd., BAYADA Home Health Care, Benesse Holdings Inc., Brookdale Senior Living Inc., Cascades Health Care, ECON Healthcare Group, Epoch Elder Care, GoldenCare, LifePoint Health Inc., Millennia Care LLC, My Aged Care, Pacific Healthcare Nursing Homes, Providence Health and Services, Riei Co. Ltd., Rosewood Care, Samvedna Senior Care, SASCO Integrated Eldercare Centre, St Lukes ElderCare Ltd., United Medicare Pte Ltd., UnitedHealth Group Inc., Alpha Omega Consulting, Clariane, Emoha, and Kindred Health Holdings LLC. Also, the aged care market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.