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Elderly Care Products & Services Market - Forecast (2023 - 2028)

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  • 109 Pages
  • March 2022
  • Region: Global
  • IndustryARC
  • ID: 5231239
Elderly Care Products & Services Market size is $832.8 billion in 2019, growing at a CAGR of 3.9% during the forecast period 2020-2025. Elderly care often referred to as a senior care, is specialized care that is designed to meet the needs and requirements of senior citizens at various stages. As such elderly care is a broader term, as it encompasses everything from assisted living and nursing care to adult day care, home care and even hospice care. Increasing geriatric population and the growing awareness among consumers regarding home care services is a significant factor fueling its market growth. Besides, this an upsurge in the technological advancement including development of robots capable of assisting elderly people in carrying out day to day operation is estimated to boost its market growth. Also, various government organization is supporting this industry, thus fueling market growth. For instance, in Australia the government funds offer an Aged Care Approval Round (ACAR) and similar other programs to help service providers with grant or build their facilities. In addition, owing to the Covid 19 pandemic the government is set to provide package of $52.9million, to residential aged care (RAC), National Aboriginal and Torres Strait Islander (NATSI), and Home Care providers over the next 2 years.

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Table of Contents

1. Elderly Care Products and Services Market
1.1 Definitions and Scope
2. Elderly Care Products and Services Market - Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Type
2.3 Key trends by Product
2.4 Key trends by Service
2.5 Key trends by Age
2.6 Key trends by Gender
2.7 Key trends by End-User
2.8 Key trends by Geography
3. Elderly Care Products and Services Market -Comparative Analysis
3.1 Product Benchmarking - Key companies
3.2 Financials Analysis - Key Companies
3.3 Market Share Analysis- Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis