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Geriatric Care Services Market Size, Share, Trends, Growth Outlook

Geriatric Care Services Market Size, Share, Trends, Growth Outlook and Opportunities to 2030-by Home Care Services (Medical Care, Physiotherapy Services, Telehealth, Palliative Care, Hospice Care, Personal Care, Home Making, Meals And Grocery, Rehabilitation, Others), by Adult Care Services (Health Care, Non-Medical Care), by Institutional Care Services (Nursing Homes, Hospital-Based, Assisted Living, Independent Senior Living), and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 185

Geriatric Care Services Market is estimated to increase at a growth rate of 7.3% CAGR over the forecast period from 2024 to 2030.

The Geriatric Care Services Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Home Care Services (Health Care, Medical Care, Physiotherapy Services, Telehealth, Palliative Care, Hospice Care, NonMedical Home Care, Personal Care, Homemaking, Meals And Grocery, Rehabilitation, Others), By Adult Care Services (Health Care, NonMedical Care), By Institutional Care Services (Nursing Homes, Palliative Care, Hospice Care, HospitalBased, Assisted Living, Independent Senior Living).

An Introduction to Geriatric Care Services Market in 2024

The geriatric care services market in 2024 addresses the demand for long-term care, elderly care, and senior living services tailored to the needs of aging populations, elderly individuals, and older adults with chronic health conditions, cognitive impairments, and functional limitations, providing comprehensive and personalized care solutions for maintaining independence, improving quality of life, and promoting healthy aging in community-based settings, assisted living facilities, and nursing homes worldwide. Geriatric care services encompass a wide range of healthcare and support services, including home care, residential care, hospice care, memory care, and palliative care, as well as rehabilitation therapies, social services, and caregiver support programs designed to address the physical, emotional, and social needs of older adults and their families throughout the aging process and end-of-life care transitions. Market dynamics are driven by factors such as the aging population demographics, the increasing prevalence of age-related chronic diseases and geriatric syndromes, and shifts in healthcare delivery models and reimbursement policies favoring community-based care, home-based services, and integrated care coordination for older adults with complex care needs and functional dependencies. Collaboration between geriatric care providers, healthcare systems, and government agencies drives innovation and market expansion in geriatric care services, supporting more accessible, affordable, and person-centered care solutions for aging populations and vulnerable older adults in diverse care settings and care environments.

Geriatric Care Services Industry- Market Size, Share, Trends, Growth Outlook

Geriatric Care Services Market Trend: Increasing Demand for Home-Based Geriatric Care Services

One prominent trend in the Geriatric Care Services market is the rising demand for home-based care services for the elderly. As the aging population grows worldwide, there is a preference among seniors and their families for receiving care in the comfort of their own homes. Home-based geriatric care services offer personalized assistance with activities of daily living, medication management, companionship, and healthcare monitoring, allowing seniors to maintain their independence while receiving the support they need. This trend aligns with the desire for aging in place and promotes a higher quality of life for seniors.

Geriatric Care Services Market Driver: Aging Population Demographics

A significant driver in the Geriatric Care Services market is the demographic shift towards an aging population. The global population is experiencing a demographic transition characterized by longer life expectancy and declining birth rates, leading to a larger proportion of elderly individuals in the population pyramid. As the elderly population grows, there is an increased demand for specialized geriatric care services to address age-related health issues, chronic conditions, and social support needs. This demographic trend creates a substantial market opportunity for providers of geriatric care services to meet the growing healthcare and social care needs of older adults.

Geriatric Care Services Market Opportunity: Integration of Technology in Geriatric Care Services

An opportunity for market growth in the Geriatric Care Services market lies in the integration of technology to enhance service delivery and improve outcomes for elderly patients. Technologies such as telehealth, remote monitoring devices, wearable sensors, and electronic health records can facilitate the delivery of virtual consultations, real-time health monitoring, medication adherence tracking, and communication between healthcare providers, caregivers, and seniors. By embracing technological innovations, providers of geriatric care services can offer more efficient, accessible, and personalized care solutions while reducing healthcare costs, enhancing patient satisfaction, and expanding their market reach in the rapidly evolving landscape of eldercare.

 

Geriatric Care Services Market Segmentation

By Home Care Services

  • Health Care
  • Medical Care
  • Physiotherapy Services
  • Telehealth
  • Palliative Care
  • Hospice Care
  • NonMedical Home Care
  • Personal Care
  • Homemaking
  • Meals And Grocery
  • Rehabilitation
  • Others

By Adult Care Services

  • Health Care
  • NonMedical Care

By Institutional Care Services

  • Nursing Homes
  • Palliative Care
  • Hospice Care
  • HospitalBased
  • Assisted Living
  • Independent Senior Living

 

Geographical Analysis

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Geriatric Care Services Market Companies

  • Brookdale Senior Living Inc
  • EXTENDICARE
  • Genesis HealthCare
  • Gentiva
  • GGNSC Holdings LLC
  • Home Instead Inc
  • Knight Health Holdings Llc (Kindred Hospitals)
  • Sunrise Senior Living

*- List Not Exhaustive

1. Executive Summary
1.1 Introduction to Geriatric Care Services Markets
1.2 Geriatric Care Services Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Geriatric Care Services Industry
1.4 Winning Strategies for the post-pandemic future

2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations

3. Growth Opportunity Analysis
3.1 Key Geriatric Care Services Market Trends
3.2 Key Geriatric Care Services Market Growth Drivers
3.3 Key Geriatric Care Services Market Growth Restraints

4 Geriatric Care Services Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts
4.2 Reference Growth Case Scenario Forecasts
4.3 High Growth Case Scenario Forecasts

5. Geriatric Care Services Market Segmentation- Outlook by Home Care Services
5.1 Medical Care Market Outlook to 2030
5.2 Physiotherapy Services Market Outlook to 2030
5.3 Telehealth Market Outlook to 2030
5.4 Palliative Care Market Outlook to 2030
5.5 Hospice Care Market Outlook to 2030
5.6 Personal Care Market Outlook to 2030
5.7 Home Making Market Outlook to 2030
5.8 Meals And Grocery Market Outlook to 2030
5.9 Rehabilitation Market Outlook to 2030
5.10 Others Market Outlook to 2030

6. Geriatric Care Services Market Segmentation- Outlook by Adult Care Services
6.1 Health Care Market Outlook to 2030
6.2 Non-Medical Care Market Outlook to 2030

7. Geriatric Care Services Market Segmentation- Outlook by Institutional Care Services
7.1 Nursing Homes Market Outlook to 2030
7.2 Hospital-Based Market Outlook to 2030
7.3 Assisted Living Market Outlook to 2030
7.4 Independent Senior Living Market Outlook to 2030


8. North America Geriatric Care Services Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 North America Geriatric Care Services Market Growth Opportunities
8.3 North America Geriatric Care Services Market Outlook by Application
8.4 North America Geriatric Care Services Market Outlook by Type
8.5 North America Geriatric Care Services Market Outlook by Country
8.6 United States Geriatric Care Services Market Outlook
8.7 Canada Geriatric Care Services Market Outlook
8.8 Mexico Geriatric Care Services Market Outlook

9. Europe Geriatric Care Services Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Europe Geriatric Care Services Market Outlook by Application
9.3 Europe Geriatric Care Services Market Outlook by Type
9.4 Europe Geriatric Care Services Market Outlook by Country
9.5 Germany Geriatric Care Services Market Outlook
9.6 France Geriatric Care Services Market Outlook
9.7 United Kingdom Geriatric Care Services Market Outlook
9.8 Spain Geriatric Care Services Market Outlook
9.9 Italy Geriatric Care Services Market Outlook
9.10 Other Europe Geriatric Care Services Market Outlook

10. Asia Pacific Geriatric Care Services Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 Asia Pacific Geriatric Care Services Market Outlook by Application
10.3 Asia Pacific Geriatric Care Services Market Outlook by Type
10.4 Asia Pacific Geriatric Care Services Market Outlook by Country
10.5 China Geriatric Care Services Market Outlook
10.6 Japan Geriatric Care Services Market Outlook
10.7 India Geriatric Care Services Market Outlook
10.8 Other Asia Pacific Geriatric Care Services Market Outlook

11. Latin America Geriatric Care Services Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Latin America Geriatric Care Services Market Outlook by Application
11.3 Latin America Geriatric Care Services Market Outlook by Type
11.4 Latin America Geriatric Care Services Market Outlook by Country
11.5 Brazil Geriatric Care Services Market Outlook
11.6 Argentina Geriatric Care Services Market Outlook
11.7 Other Latin America Geriatric Care Services Market Outlook

12. Middle East and Africa Geriatric Care Services Market Outlook and Opportunities to 2030
12.1 Market Snapshot, 2023
12.2 Middle East and AfricaGeriatric Care Services Market Outlook by Application
12.3 Middle East and AfricaGeriatric Care Services Market Outlook by Type
12.4 Middle East and AfricaGeriatric Care Services Market Outlook by Country
12.5 Saudi Arabia Geriatric Care Services Market Outlook
12.6 UAE Geriatric Care Services Market Outlook
12.7 South Africa Geriatric Care Services Market Outlook
12.8 Other Middle East and Africa Geriatric Care Services Market Outlook

13 Profiles of major Geriatric Care Services Companies

Brookdale Senior Living, Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis

Kindred Healthcare, Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis

Extendicare, Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis

Senior Care Centers of America
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis

Genesis Healthcare Corp.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis











14. Appendix
14.1 Publisher’s Expertise
14.2 List of Tables and Charts
14.3 List of Exhibits
14.4 Legal Disclaimer

Geriatric Care Services Market Segmentation

by Home Care Services
• Medical Care
• Physiotherapy Services
• Telehealth
• Palliative Care
• Hospice Care
• Personal Care
• Home Making
• Meals And Grocery
• Rehabilitation
• Others

by Adult Care Services
• Health Care
• Non-Medical Care

by Institutional Care Services
• Nursing Homes
• Hospital-Based
• Assisted Living
• Independent Senior Living


Geographical Classification Analysis:
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia Pacific