Moreover, the growing geriatric population seeking companionship, security, & assistance with daily activities and patients suffering from neurological & other chronic disorders are expected to drive the market growth. As per the data published by the Population Reference Bureau in January 2024, the number of Americans aged 65 and above is projected to reach 95 million by 2060.
The section below outlines the key factors driving the growth of the market, including the rising aging population, increasing prevalence of chronic diseases and cognitive disorders, and growing demand for long-term and personalized senior care services. It also highlights increasing preference for community-based assisted living, expanding memory care services, adoption of digital health technologies, and rising investments in senior care infrastructure supporting market growth.
U.S. Assisted Living Facility Market Report Segmentation
This report forecasts revenue growth, country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the U.S. assisted living facility market report based on age and region:Age Outlook (Revenue, USD Billion, 2021-2033)
Regional Outlook (Revenue, USD Billion, 2021-2033)
Table of Contents
Companies Mentioned
- Kindred Healthcare, LLC
- Brookdale Senior Living Inc.
- Sunrise Senior Living, LLC
- Atria Senior Living, Inc.
- Five Star Senior Living
- Capital Senior Living
- Merrill Gardens
- Integral Senior Living (ISL)
- Belmont Village, L.P.
- Gardant Management Solutions

