Global Elder Care Services Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

Elder care service providers are continuously growing due to rising number of older patients suffering from disabilities and improving day care facilities. Hence, companies are more focused in wireless connectivity and advanced devices to deliver healthcare services. In order to meet customer needs, elder care service companies are entering into various private care centres because older people tend to choose living in care facilities with specialized services requirements, which are provided in private care centres. Chronic conditions of elderly and preventive care technology are opening up niche markets. Moreover, the driving factor of such day care facilities is the overall cost of the setup, which is comparatively less than hospitalization. The day care facility is provided for 10-12 hours a day and is also expected to fuel elder care services market growth in terms of revenue over the forecast period.
Few factors driving the growth of global elder care services market include increase in healthcare expenditure, increasing adoption of elder home care services, government funding for aged care services and well-developed infrastructure with wide-range of services. Also, rising number of elderly patients suffering from disabilities and high dependency ratio of elderly over younger population is likely to fuel the elder care services market over 2018–2026

Market Analysis and Insights: Global Elder Care Services Market
The research report studies the Elder Care Services market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Elder Care Services market size is projected to reach US$ 492410 million by 2027, from US$ 405010 million in 2020, at a CAGR of 2.4% during 2021-2027.

Global Elder Care Services Scope and Segment
The global Elder Care Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Elder Care Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Home-Based Care
Community-Based Care
Institutional Care

Segment by Application
Community
Gerocomium
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Benesse Style Care
Econ Healthcare
Epoch Elder Care
St Luke's ElderCare
Latin America Home Health Care
Samvedna Senior Care
ApnaCare Latin America
Nichiigakkan
Golden Years Hospital
Orange Valley Healthcare
NTUC Health Co-Operative
GoldenCare
Carewell-Service
RIEI
SNCF
Cascade Healthcare
Millennia Personal Care Services
Rosewood Care
Pacific Healthcare Nursing Home
United Medicare