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Geriatric Care Services Market To Surpass US$ 1.55 Billion By 2026 - Coherent Ma

u201cCoherent Market Insights u201cGERIATRIC CARE SERVICES MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2026u2033

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Geriatric Care Services Market To Surpass US$ 1.55 Billion By 2026 - Coherent Ma

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  1. GERIATRIC CARE SERVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Geriatric Care Services Market - Overview Global Geriatric Care Service Market, by Service Type (Home Healthcare, Assisted Living Facilities, Adult Day Care Services, Continuing Care, and Skilled Nursing Facilities), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 784.7 million in 2017, and is projected to exhibit a CAGR of 7.9% over the forecast period (2018 – 2026). Various programs by market players to provide geriatric care is expected to augment the market growth Key players in the market are focused on developing various programs to provide geriatric care. For instance, in 2015, ACCESS Health International and NUS Enterprise launched Modern Aging program to serve the needs of elders and caregivers in Singapore by helping entrepreneurs create new products and services for elderly people. Furthermore, in January 2019, the newly formed merger of Arosa and LivHOME, i.e. Arosa+LivHOME, acquired Partners in Senior Care, a leader in developing and retaining outstanding caregivers. Moreover, increase in geriatric population are at high risk of chronic diseases such as diabetes, cardiac disorders, arthritis, and respiratory disorders is expected to boost the market growth. According to a report published in March 2016 by the United States Census Bureau, the geriatric population (aged 65 years and above) is expected to account for 12% of the global population by 2030 and further to 16.7% by 2050 as compared to 8.5% in 2015. However, expensive services such as per day cost for adult day programs can hinder the market growth. According to the study by SeniorLiving Organization, 2016, the average daily cost for adult day care is US$ 70, while the monthly average is about $2,100. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/geriatric- care-services-market-88 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Browse 34 Market Data Tables and 26 Figures spread through 154 Pages and in-depth TOC on ‘Geriatric Care Services Market ’- Global Forecast to 2026, by Service Type (Home Healthcare, Assisted Living Facilities, Adult Day Care Services, Continuing Care, and Skilled Nursing Facilities), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Key players in the market are focused on adopting strategies such as mergers and acquisitions to enhance their product portfolio. For instance, in February 2016, Amedisys acquired Associated Home Care, and launched its personal care division to accompany already existing home health and hospice services throughout Massachusetts, U.S. Moreover, increasing range of services by geriatric care centers and rising demand for care services is expected to propel growth of the geriatric care services market over the forecast period. The providers of geriatric care services help patients to choose the most appropriate insurance policies as per their individual needs. The geriatric care managers also offer counseling and support, crisis intervention, decisions regarding appropriate housing options, money management, and personal care assistance. LivHome, Inc. addresses the safety issues, enables social engagement, and medication support. The company has LivHome Connect senior care technology that includes 24 hour active remote care (ARC) from in-house licensed nurses for the patients in need. For instance, Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/88 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Key Takeaways of the Geriatric Care Services Market: The global geriatric care services market is expected to exhibit a CAGR of 7.9 % over the forecast period, owing to rising geriatric population, increasing range of services offered by geriatric care centers, and rising investment in expansion by market players. According to World Population Prospects in 2017, 13% of the world population comprises the elder population. The population growth rate of individuals aged 60 or above is around 3% per year globally, and around 25% population is over the age of 60 in Europe, which is the greatest percentage in the world. The number of older persons in the world is projected to be 1.4 billion in 2030 and 2.1 billion in 2050, and could rise to 3.1 billion in 2100. Among service type, the skilled nursing facilities segment held a dominant position in the geriatric care services market in 2018, owing to specialized care offered by nursing homes for dementia patients and other similar conditions. According to World Health Organization (WHO), 2017, around 50 million patients were suffering from dementia worldwide, and the number is projected to escalate to 75 million by 2030. Key players operating in the global geriatric care service market include, LivHOME, Brookdale Senior Living Solutions, Revera Inc., Senior Care Centers, Amedisys, Genesis HealthCare, Home Instead Senior Care, Extendicare, Portea Medical. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/88 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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