Geriatric Care Services Industry Size
Geriatric Care Services Market Sales, Price, Revenue, Gross Margin and Share 2024
The newly released research at Market Study Report titled “2016-2024 Global Geriatric Care Services Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
Geriatric Care Services Market size is expected to exceed USD 1 trillion by 2024; as per a new research report.
Increasing healthcare expenditure, rising geriatric population and increasing life expectancy are the major factors driving the global geriatric care services market over the forecast period. Increasing prevalence of chronic diseases associated with old age should augment geriatric care services market share over the forecast period.
Increasing application of robotic technology in geriatric care services and growing demand for innovative solutions for effective geriatric care boost the industry growth. The adult day care services offer various advantages, which includes living at home and skilled nursing care. These benefits are also contributing to the growth of the industry over the forecast timeframe. The affordability and cultural traditions are the factors restraining the growth of geriatric care services market.
Home care services represents the most attractive segment, with potential growth opportunities in the coming years. Owing to the rising institutional care expenses such as the costs associated with nursing homes and hospital. The Alliance for Home Health Quality and Innovation (AHHQI) formed in 2008, it is a national association of home health care organizations and providers that raise awareness regarding home health care and its facilities offer better quality, cost effective and patient-centered care.
U.S. geriatric care services market share led the industry with maximum revenue share in 2015. The major factors contributing to its major share include the with the existence of wide varieties of long-term care centers all over U.S. coupled with continuous development of reimbursement plans. Quality of care for America?s ageing population is also a concern. According to the report from the U.S. Institute of Medicine (IOM), it was estimated that 55% of adult patients received recommended care to address severe incidents and treat chronic diseases.
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Increasing demand for developed technology and rapid growth of geriatric population coupled with chronic diseases should fuel the global geriatric care services market growth. Home care service contributed for major revenue share due to the benefits associated with elder care services that enable the ageing people to stay at home and receive better care without changing their lifestyles.
Institutional care services led the industry revenue share in 2015. Presence of large number of institutes and high usage rates of geriatric care services such as hospital based geriatric care, nursing homes, assisted living facilities and independent senior living groups is a main factor contributing to the growth.
China geriatric care services market size was over USD 33 billion in 2015. Rising prevalence of cardiovascular, orthopedic and neurological disorders is anticipated to drive the growth.
Key industry players are consolidating their market position by increasing their focus on acquisitions, mergers and strategic alliances to increase their product portfolio and global presence. Companies are enormously investing on marketing activities, which includes residential awareness programs and digital marketing to increase awareness and expand reach.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467709/
Selected points from Table of Contents of this report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Research scope and assumptions
1.2. Data Sources
1.2.1. Primary Sources
1.2.2. Secondary Sources
Chapter 2. Executive Summary
2.1. Geriatric Care Services industry 360 degree synopsis, 2012 – 2024
2.1.1. Business trends
2.1.2. Service trends
2.1.3. Regional trends
Chapter 3. Geriatric Care Services Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 – 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing elderly population
3.3.1.2. Attractive reimbursement scene
3.3.1.3. Long term care service provider availability
3.3.1.4. Life expectancy trends
3.3.2. Industry pitfalls & challenges
3.3.2.1. Lack of geriatric services in developing markets
3.4. Growth opportunity benchmarking
3.5. Company market share analysis, 2015
3.5.1. Strategy dashboard
3.6. Porter’s analysis
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. PESTEL analysis
Chapter 4. Geriatric Care Service Insights
4.1. Geriatric care services market share by service type, 2015 & 2024
4.2. Home Care
4.2.1. Market estimates and forecasts by region, 2012-2024 (USD Billion)
4.3. Adult Day Care
4.3.1. Market estimates and forecasts by region, 2012-2024 (USD Billion)
4.4. Institutional Care
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Geriatric Care Services Market to Hit 5.0% CAGR to 2024
Market Study Report adds global Geriatric Care Services market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
Geriatric Care Services Market size is expected to exceed USD 1 trillion by 2024; as per a new research report.
Increasing healthcare expenditure, rising geriatric population and increasing life expectancy are the major factors driving the global geriatric care services market over the forecast period. Increasing prevalence of chronic diseases associated with old age should augment geriatric care services market share over the forecast period.
Increasing application of robotic technology in geriatric care services and growing demand for innovative solutions for effective geriatric care boost the industry growth. The adult day care services offer various advantages, which includes living at home and skilled nursing care. These benefits are also contributing to the growth of the industry over the forecast timeframe. The affordability and cultural traditions are the factors restraining the growth of geriatric care services market.
Home care services represents the most attractive segment, with potential growth opportunities in the coming years. Owing to the rising institutional care expenses such as the costs associated with nursing homes and hospital. The Alliance for Home Health Quality and Innovation (AHHQI) formed in 2008, it is a national association of home health care organizations and providers that raise awareness regarding home health care and its facilities offer better quality, cost effective and patient-centered care.
U.S. geriatric care services market share led the industry with maximum revenue share in 2015. The major factors contributing to its major share include the with the existence of wide varieties of long-term care centers all over U.S. coupled with continuous development of reimbursement plans. Quality of care for America?s ageing population is also a concern. According to the report from the U.S. Institute of Medicine (IOM), it was estimated that 55% of adult patients received recommended care to address severe incidents and treat chronic diseases.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467709/
Increasing demand for developed technology and rapid growth of geriatric population coupled with chronic diseases should fuel the global geriatric care services market growth. Home care service contributed for major revenue share due to the benefits associated with elder care services that enable the ageing people to stay at home and receive better care without changing their lifestyles.
Institutional care services led the industry revenue share in 2015. Presence of large number of institutes and high usage rates of geriatric care services such as hospital based geriatric care, nursing homes, assisted living facilities and independent senior living groups is a main factor contributing to the growth.
China geriatric care services market size was over USD 33 billion in 2015. Rising prevalence of cardiovascular, orthopedic and neurological disorders is anticipated to drive the growth.
Key industry players are consolidating their market position by increasing their focus on acquisitions, mergers and strategic alliances to increase their product portfolio and global presence. Companies are enormously investing on marketing activities, which includes residential awareness programs and digital marketing to increase awareness and expand reach.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467709/
Selected points from Table of Contents of this report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Research scope and assumptions
1.2. Data Sources
1.2.1. Primary Sources
1.2.2. Secondary Sources
Chapter 2. Executive Summary
2.1. Geriatric Care Services industry 360 degree synopsis, 2012 – 2024
2.1.1. Business trends
2.1.2. Service trends
2.1.3. Regional trends
Chapter 3. Geriatric Care Services Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 – 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing elderly population
3.3.1.2. Attractive reimbursement scene
3.3.1.3. Long term care service provider availability
3.3.1.4. Life expectancy trends
3.3.2. Industry pitfalls & challenges
3.3.2.1. Lack of geriatric services in developing markets
3.4. Growth opportunity benchmarking
3.5. Company market share analysis, 2015
3.5.1. Strategy dashboard
3.6. Porter’s analysis
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. PESTEL analysis
Chapter 4. Geriatric Care Service Insights
4.1. Geriatric care services market share by service type, 2015 & 2024
4.2. Home Care
4.2.1. Market estimates and forecasts by region, 2012-2024 (USD Billion)
4.3. Adult Day Care
4.3.1. Market estimates and forecasts by region, 2012-2024 (USD Billion)
4.4. Institutional Care
For More Info: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Web site: https://www.marketstudyreport.com
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