Geriatric Care Services Market: Landscape & Growth Prospect 2025
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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.
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.
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.
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Favorable
government initiatives and increasing elderly population prone to
cardiovascular, orthopedic, neurological, and respiratory disorders
are some of the crucial attributes of this market. However, high cost
of devices may hinder the growth of geriatric care services in
emerging economies like China, India, and Brazil.
In 2018, the global Geriatric Care Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Geriatric Care Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Geriatric Care Services development in United States, Europe and China.
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The key players covered in this study
Gentiva Health services
Kindred Healthcare
Senior Care Centers of America
Brookdale Senior Living
GGNSC Holdings
Sunrise Senior Living
Genesis Healthcare Corp
Extendicare
Market segment by Type, the product can be split into
Home Care Services
Adult Care Services
Institutional Care Services
Market segment by Application, split into
Nursing Homes
Hospitals
Community Centers
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The key players covered in this study
Gentiva Health services
Kindred Healthcare
Senior Care Centers of America
Brookdale Senior Living
GGNSC Holdings
Sunrise Senior Living
Genesis Healthcare Corp
Extendicare
Market segment by Type, the product can be split into
Home Care Services
Adult Care Services
Institutional Care Services
Market segment by Application, split into
Nursing Homes
Hospitals
Community Centers
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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