FEATURED COMPANIES
- BAYADA Home Health Care
- CK Franchising Inc.
- Home Instead Inc.
- Right at Home Inc.
Services For the Elderly and Persons with Disabilities Global Market Report 2020-30: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global services for the elderly and persons with disabilities market.
This report focuses on services for the elderly and persons with disabilities market which is experiencing strong growth. The report gives a guide to the services for the elderly and persons with disabilities market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the services for the elderly and persons with disabilities? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Services For the Elderly and Persons with Disabilities market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider services for the elderly and persons with disabilities market, and compares it with other markets.
Scope
Markets Covered:
1) By Service Type: Institutional care; Adult Day-care; Home Care
2) By Service Provider: Public Expenditure; Private Expenditure; Out-of-Pocket Spending
3) By End-user: Elderly; Disabled adults
Companies Mentioned: CK Franchising Inc.; Right at Home Inc.; Home Instead Inc.; Living Assistance Services; Brookdale Senior Living Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report focuses on services for the elderly and persons with disabilities market which is experiencing strong growth. The report gives a guide to the services for the elderly and persons with disabilities market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the services for the elderly and persons with disabilities? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Services For the Elderly and Persons with Disabilities market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider services for the elderly and persons with disabilities market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The services for the elderly and persons with disabilities market section of the report gives context. It compares the services for the elderly and persons with disabilities market with other segments of the services for the elderly and persons with disabilities market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, services for the elderly and persons with disabilities indicators comparison.
Scope
Markets Covered:
1) By Service Type: Institutional care; Adult Day-care; Home Care
2) By Service Provider: Public Expenditure; Private Expenditure; Out-of-Pocket Spending
3) By End-user: Elderly; Disabled adults
Companies Mentioned: CK Franchising Inc.; Right at Home Inc.; Home Instead Inc.; Living Assistance Services; Brookdale Senior Living Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Services For The Elderly and Persons With Disabilities Market
What is the estimated value of the Global Services For The Elderly and Persons With Disabilities Market?
What is the growth rate of the Global Services For The Elderly and Persons With Disabilities Market?
What is the forecasted size of the Global Services For The Elderly and Persons With Disabilities Market?
Who are the key companies in the Global Services For The Elderly and Persons With Disabilities Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BAYADA Home Health Care
- CK Franchising Inc.
- Home Instead Inc.
- Right at Home Inc.
1. Executive Summary2. Services for the Elderly and Persons with Disabilities Market Characteristics26. Key Mergers and Acquisitions in the Services for the Elderly and Persons with Disabilities Market27. Services for the Elderly and Persons with Disabilities Market Trends and Strategies28. Services for the Elderly and Persons with Disabilities Market Future Outlook and Potential Analysis
3. Services for the Elderly and Persons with Disabilities Market Size and Growth
4. Services for the Elderly and Persons with Disabilities Market Segmentation
5. Services for the Elderly and Persons with Disabilities Market Regional and Country Analysis
6. Asia-Pacific Services for the Elderly and Persons with Disabilities Market
7. China Services for the Elderly and Persons with Disabilities Market
8. India Services for the Elderly and Persons with Disabilities Market
9. Japan Services for the Elderly and Persons with Disabilities Market
10. Australia Services for the Elderly and Persons with Disabilities Market
11. Indonesia Services for the Elderly and Persons with Disabilities Market
12. South Korea Services for the Elderly and Persons with Disabilities Market
13. Western Europe Services for the Elderly and Persons with Disabilities Market
14. UK Services for the Elderly and Persons with Disabilities Market
15. Germany Services for the Elderly and Persons with Disabilities Market
16. France Services for the Elderly and Persons with Disabilities Market
17. Eastern Europe Services for the Elderly and Persons with Disabilities Market
18. Russia Services for the Elderly and Persons with Disabilities Market
19. North America Services for the Elderly and Persons with Disabilities Market
20. USA Services for the Elderly and Persons with Disabilities Market
21. South America Services for the Elderly and Persons with Disabilities Market
22. Brazil Services for the Elderly and Persons with Disabilities Market
23. Middle East Services for the Elderly and Persons with Disabilities Market
24. Africa Services for the Elderly and Persons with Disabilities Market
25. Services for the Elderly and Persons with Disabilities Market Competitive Landscape and Company Profiles
29. Appendix
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BAYADA Home Health Care
- CK Franchising Inc.
- Home Instead Inc.
- Right at Home Inc.
Major players in the services for the elderly and persons with disabilities market are CK Franchising Inc., Right at Home Inc., Home Instead Inc., Living Assistance Services and Brookdale Senior Living Inc.
The global services for the elderly and persons with disabilities market is expected to grow from $369.4 billion in 2019 to $390 billion in 2020 at a compound annual growth rate (CAGR) of 5.6%. The growth has slowed down mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $520.9 billion in 2023 at a CAGR of 10.12%.
The services for the elderly and persons with disabilities market consists of the revenues from elder and disabled people services by entities that provide social assistance services to improve the quality of life for the elderly, persons diagnosed with intellectual and developmental disabilities, or persons with physical disabilities.
North America was the largest region in the services for the elderly and persons with disabilities market in 2019. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
In September 2020, Elderday Centre, a US-based non-profit adult daycare program, merged with Seniors Helping Seniors® Fox Valley, a US-based non-medical provider of in-home care services for seniors. This merger is expected to meet the needs of seniors who require special attention whether in a day-care community or at home.
The services for the elderly and persons with disabilities market covered in this report is segmented by service type into institutional care; adult day-care; home care. It is also segmented by service provider into public expenditure; private expenditure; out-of-pocket spending and by end-user into elderly; disabled adults.
Elder abuse in centers that provide services for the elderly and persons with disabilities are expected to hamper the market. Elder abuse is increasing in the institutions that provide care to the elderly. According to the report released by the World Health Organization in June 2020, about 2 in 3 staff working in institutions such as nursing homes and long-term care facilities have reported that they have committed abuse in the previous year. Elder abuse can lead to serious physical injuries and long-term psychological consequences. The high abuse rate among elders in the care settings, therefore, creates a state of fear for the elders and their loved ones opting for these services, which leads to a decision of not opting for these services, thereby, hindering the market.
Many companies across the globe are using robots to smoothen the transition of providing care facilities to elderly patients. For instance, Bright Cape, an Eindhoven-based company, has developed SARA, which stands for social and autonomous robotic health assistant. The project is part of the European EIT Digital Innovation Consortium and aims to reduce the workload in healthcare and to improve the quality of treatment in general. Japan is installing robots in nursing homes, workplaces and schools as its population ages and labor force decline.
The decreasing household size coupled with a rapidly aging population is anticipated to aid in the growth of the services for the elderly and persons with disabilities market. The decline in household size is attributed to the reduced number of people living as a family. For instance, according to the census bureau estimates, the average household size in the United States was 2.52 people in 2019, down a quarter from the baby boom-era average of 3.36. One-person households account for 28.4% of the US total in 2019, up from 13.1% in 1960. Also, the surge in the aging population is generating higher demand for services for elderly people, thereby propelling the revenues of the market. According to the United Nations Department of Economic and Social Affairs’ report published on World Population Ageing 2019, there were 703 million persons aged 65 years and above in 2019 and this number is likely to double to 1.5 billion people by 2050. In addition to this, the number of people aged 80 years and older is projected to increase from 143 million in 2019 to 426 million by the end of 2050. The need for care of the aging population creates a demand for services for the elderly and disabled, which, in turn, drives the market.
The global services for the elderly and persons with disabilities market is expected to grow from $369.4 billion in 2019 to $390 billion in 2020 at a compound annual growth rate (CAGR) of 5.6%. The growth has slowed down mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $520.9 billion in 2023 at a CAGR of 10.12%.
The services for the elderly and persons with disabilities market consists of the revenues from elder and disabled people services by entities that provide social assistance services to improve the quality of life for the elderly, persons diagnosed with intellectual and developmental disabilities, or persons with physical disabilities.
North America was the largest region in the services for the elderly and persons with disabilities market in 2019. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
In September 2020, Elderday Centre, a US-based non-profit adult daycare program, merged with Seniors Helping Seniors® Fox Valley, a US-based non-medical provider of in-home care services for seniors. This merger is expected to meet the needs of seniors who require special attention whether in a day-care community or at home.
The services for the elderly and persons with disabilities market covered in this report is segmented by service type into institutional care; adult day-care; home care. It is also segmented by service provider into public expenditure; private expenditure; out-of-pocket spending and by end-user into elderly; disabled adults.
Elder abuse in centers that provide services for the elderly and persons with disabilities are expected to hamper the market. Elder abuse is increasing in the institutions that provide care to the elderly. According to the report released by the World Health Organization in June 2020, about 2 in 3 staff working in institutions such as nursing homes and long-term care facilities have reported that they have committed abuse in the previous year. Elder abuse can lead to serious physical injuries and long-term psychological consequences. The high abuse rate among elders in the care settings, therefore, creates a state of fear for the elders and their loved ones opting for these services, which leads to a decision of not opting for these services, thereby, hindering the market.
Many companies across the globe are using robots to smoothen the transition of providing care facilities to elderly patients. For instance, Bright Cape, an Eindhoven-based company, has developed SARA, which stands for social and autonomous robotic health assistant. The project is part of the European EIT Digital Innovation Consortium and aims to reduce the workload in healthcare and to improve the quality of treatment in general. Japan is installing robots in nursing homes, workplaces and schools as its population ages and labor force decline.
The decreasing household size coupled with a rapidly aging population is anticipated to aid in the growth of the services for the elderly and persons with disabilities market. The decline in household size is attributed to the reduced number of people living as a family. For instance, according to the census bureau estimates, the average household size in the United States was 2.52 people in 2019, down a quarter from the baby boom-era average of 3.36. One-person households account for 28.4% of the US total in 2019, up from 13.1% in 1960. Also, the surge in the aging population is generating higher demand for services for elderly people, thereby propelling the revenues of the market. According to the United Nations Department of Economic and Social Affairs’ report published on World Population Ageing 2019, there were 703 million persons aged 65 years and above in 2019 and this number is likely to double to 1.5 billion people by 2050. In addition to this, the number of people aged 80 years and older is projected to increase from 143 million in 2019 to 426 million by the end of 2050. The need for care of the aging population creates a demand for services for the elderly and disabled, which, in turn, drives the market.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- CK Franchising Inc.
- Right at Home Inc.
- Home Instead Inc.
- Living Assistance Services
- Brookdale Senior Living Inc.
- Senior Care Centers of America
- BAYADA Home Health Care
Note: Product cover images may vary from those shown
LOADING...