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Global Geriatric Care Services Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

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  • 172 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5650761

According to WHO the number of persons aged 80 years or older is expected to triple between 2020 and 2050 to reach 426 Mn, giving rise need for Geriatric Care Services

The Global Geriatric Care Services Market is estimated to be USD 998.45 Mn in 2023 and is expected to reach USD 1463.65 Mn by 2028 growing at a CAGR of 7.95%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Geriatric Care Services Market is segmented based on Service, Service Provider, Payment Source, Age Group, End User, and Geography.
  • By Service, the market is classified into Home Care, Adult Day Care, and Institutional Care.
  • By Service Provider, the market is classified into Manual Opening, and Automatic Opening.
  • By Payment Source, the market is classified into Public Insurance, Private Insurance, and Out-of-pocket.
  • By Age Group, the market is classified into 65-75years, 76-85 years, 86-90 years, and Above 91 years.
  • By End User, the market is classified into Institutional Care Services, Nursing Homes, Rehabilitation Centres, and Hospitals.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Cascade Healthcare, Econ Healthcare Group, Epoch Elder Care, Extendicare, Genesis Healthcare, Gentiva Health Services, Home Instead, India Home Health Care, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Geriatric Care Services Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Geriatric Care Services Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Geriatric Care Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Geriatric Population
4.1.2 Improvements Related to the Geriatric Care Services
4.1.3 Transparency and Patient Management
4.2 Restraints
4.2.1 High Cost Associated with Geriatric Care Services
4.2.2 Shortage of Geriatric Care Workforce
4.3 Opportunities
4.3.1 Adoption of Technological Advancements
4.3.2 Rise in Long-Term Diseases Amongst the Elderly Age Group
4.3.3 Increased Use of Advanced Care Services
4.4 Challenges
4.4.1 Shortage of Geriatric Healthcare Services in the Developing Nations
4.4.2 Lack of Skilled Workforce
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Geriatric Care Services Market, By Service
6.1 Introduction
6.2 Home Care
6.3 Adult Day Care
6.4 Institutional Care
7 Global Geriatric Care Services Market, By Service Provider
7.1 Introduction
7.2 Public
7.3 Private
8 Global Geriatric Care Services Market, By Payment Source
8.1 Introduction
8.2 Public Insurance
8.3 Private Insurance
8.4 Out-of-pocket
9 Global Geriatric Care Services Market, By Age Group
9.1 Introduction
9.2 65-75years
9.3 76-85 years
9.4 86-90 years
9.5 Above 91 years
10 Global Geriatric Care Services Market, By End User
10.1 Introduction
10.2 Institutional Care Services
10.3 Nursing Homes
10.4 Rehabilitation Centres
10.5 Hospitals
11 Americas' Geriatric Care Services Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas
12 Europe's Geriatric Care Services Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe
13 Middle East and Africa's Geriatric Care Services Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA
14 APAC's Geriatric Care Services Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific
15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements
16 Company Profiles
16.1 Cascade Healthcare
16.2 Econ Healthcare Group
16.3 Epoch Elder Care
16.4 Extendicare
16.5 Genesis Healthcare
16.6 Gentiva Health Services
16.7 Home Instead
16.8 India Home Health Care
16.9 Kindred Healthcare
16.10 Korian Group
16.11 Living Assistance Services
16.12 NMC Healthcare
16.13 ProVita International Medical Center
16.14 Rosewood Care Group
16.15 Samvedna Senior Care
16.16 Senior Care Centers of America
16.17 St Luke's ElderCare
16.18 Sunrise Senior Living
17 Appendix
17.1 Questionnaire

Companies Mentioned

  • Cascade Healthcare
  • Econ Healthcare Group
  • Epoch Elder Care
  • Extendicare
  • Genesis Healthcare
  • Gentiva Health Services
  • Home Instead
  • India Home Health Care
  • Kindred Healthcare
  • Korian Group
  • Living Assistance Services
  • NMC Healthcare
  • ProVita International Medical Center
  • Rosewood Care Group
  • Samvedna Senior Care
  • Senior Care Centers of America
  • St Luke's ElderCare
  • Sunrise Senior Living

Table Information