The United States Senior Living Market size is estimated at USD 99.82 billion in 2024, and is expected to reach USD 131.20 billion by 2029, growing at a CAGR of 5.62% during the forecast period (2024-2029).
The senior living market is fragmented in the United States. Furthermore, the market is majorly dominated by local and small developers. Higher competition exists among the fragmented players.
In addition, players are expanding their businesses through mergers, acquisitions, strategic partnerships, and new project launches to meet customer needs. Some of the major players in the market include Brookdale Senior Living Inc., Five Star Senior Living, Sunrise Senior Living, Holiday Retirement, and LCS.
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