Global Geriatric Care Services Market Growth (Status and Outlook) 2023-2029

Global Geriatric Care Services Market Growth (Status and Outlook) 2023-2029

Geriatric care services encompass providing care for the elderly who are facing chronic physical conditions or other diseases and disorders. These services comprise a wide range of personal care, health care, and other services to meet the requirements of older adults who are limited for self-care owing to chronic illness, injury, mental, physical, and cognitive disability or any other health-related disorders. Geriatric care services also offer assistance with daily activities such as bathing, dressing, grooming, eating, and other activities, including medication management and house work.

LPI (LP Information)' newest research report, the “Geriatric Care Services Industry Forecast” looks at past sales and reviews total world Geriatric Care Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Geriatric Care Services sales for 2023 through 2029. With Geriatric Care Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geriatric Care Services industry.

This Insight Report provides a comprehensive analysis of the global Geriatric Care Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Geriatric Care Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Geriatric Care Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geriatric Care Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geriatric Care Services.

The global Geriatric Care Services market size is projected to grow from US$ 699030 million in 2022 to US$ 884760 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.

Presence of favorable reimbursement policies and increased life expectancy are also amongst few factors expected to propel demand for geriatric care services. There is an increase in the adoption level for these services owing to the advantages associated with these services such as in chronic care management. Furthermore, increasing number of homecare and long term care services offered by geriatric care centers such as nursing care, health assessment & monitoring, and counseling & financial support is anticipated to drive the demand for these services.

This report presents a comprehensive overview, market shares, and growth opportunities of Geriatric Care Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Home Care Services
Adult Care Services
Institutional Care Services

Segmentation by application
Nursing Homes
Hospitals
Community Centers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Gentiva Health services
Kindred Healthcare
Senior Care Centers of America
Brookdale Senior Living
GGNSC Holdings
Sunrise Senior Living
Genesis Healthcare Corp
Extendicare

Please note: The report will take approximately 2 business days to prepare and deliver.