Europe Elderly Care Facilities Market Size- By Type, By Service Type, By Service Provider, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Elderly Care Facilities Market Introduction and Overview
According to SPER market research, ‘Europe Elderly Care Facilities Market Size- By Type, By Service Type, By Service Provider, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Elderly Care Facilities Market is predicted to reach USD 119.95 billion by 2033 with a CAGR of 8.14%.
A range of assistance and support services are available to senior citizens in order to enhance their quality of life and address their evolving medical needs. The goal of these programs is to assist seniors in maintaining their independence, social life, and physical well-being as they age. Elder care services often include personal care assistance with daily living activities (such as dressing, grooming, and bathing), medical care coordination, medication administration, companionship, and assistance with household chores.
The COVID-19 epidemic has had a substantial influence on the senior housing market in Europe. Keeping people safe and healthy has proven to be quite difficult for these institutions since the elderly are more susceptible to the virus. Strict lockdown procedures and social distancing guidelines have interrupted the regular operations of these facilities, limiting access to outside medical assistance and making it more challenging for family members to make payments in person.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Service Type, By Service Provider, By Application
Regions covered UK, France, Germany, Italy, Spain, Rest of Europe
Companies CoveredKorian, DomusVi, Colisée, Koninklijke Philips N.V. , Medtronic, ORPEA GROUPE, Right at Home, LLC, Home Instead, Inc. , Lottie, Smart, Plentific
Europe Elderly Care Facilities Market Segmentation:By Service Type:Based on the Service Type, Europe Elderly Care Facilities Market is segmented as; Adult Day Care, Institutional Car, Home Care
By Service Provider:Based on the Service Provider, Europe Elderly Care Facilities Market is segmented as; Private, Public.
By Application:Based on the Application, Europe Elderly Care Facilities Market is segmented as; Respiratory Diseases, Diabetes, Osteoporosis, Heart Diseases, Neurological Diseases, Kidney Diseases, Arthritis, Cancer.