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Geriatric Care Services Market by Service Type (Home Care, Adult Day Care and Institutional Care): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023

Published Date: 04-May-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-2836 Status : Published

Global geriatric care services market expected to generate revenue of around USD 1,390.63 billion by the end of 2023, growing at a CAGR of around 7.2% between 2017 and 2023. There is growing geriatric population all over the world. This geriatric population intends to live independently; therefore there are geriatric care services which provide the workforce to take care of them.

Description

The report covers forecast and analysis for the geriatric care services market on a global and regional level. The study provides historic data of 2015 to 2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study includes drivers and restraints for the geriatric care services market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the geriatric care services market on a global level.

In order to give the users of this report a comprehensive view on the geriatric care services market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product and regional expansion of major participants involved in the market. 

Global Geriatric Care Services Market

The study provides a decisive view on the geriatric care services market by segmenting the market based on service type and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Based on service type, the market is segmented into home care, adult day care, and institutional care. Home care is further divided into health care and nonmedical health care. Adult day care is also further segmented as healthcare and non- medical care. Institutional care consists of nursing homes, hospital-based, assisted living, and independent senior living. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S., U.K., Germany, France, China, Japan, India, Brazil, etc. This segmentation includes demand for geriatric care services market based on service type in all the regions and countries.

The report also includes detailed profiles of end players such as Brookdale Senior Living, Inc., Extendicare, Inc., Genesis HealthCare Corp., Gentiva Health Services, Inc., GGNSC Holdings, Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Skilled Healthcare Group, Inc., and Sunrise Senior Living, Inc.

This report segments the global geriatric care services market as follows:

Global Geriatric Care Services Market: Service-Type Segment Analysis

  • Home Care
  • Adult Day Care
  • Institutional Care

Global Geriatric Care Services Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Geriatric Care Services Market, 2015 - 2023 (USD Billion)
    • 2.2. Global Geriatric Care Services Market: Snapshot
  •  
  • Chapter 3. Geriatric Care Services Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Geriatric Care Services Market Drivers: Impact Analysis
      • 3.2.2. Increasing Number of Geriatric Population
    • 3.3. Market Restraints
      • 3.3.1. Global Geriatric Care Services Market Restraints: Impact Analysis
      • 3.3.2. High Cost Associated With The Geriatric Care Services
    • 3.4. Opportunities
      • 3.4.1. Increase in Working Population in Emerging Countries
    • 3.5. Porter’s Five Forces Analysis
      • 3.5.1. Bargaining Power of Suppliers
      • 3.5.2. Bargaining Power of Buyers
      • 3.5.3. The threat from New Entrants
      • 3.5.4. The threat from New Substitutes
      • 3.5.5. Degree of Competition
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis, by Service Type Segment
  •  
  • Chapter 4. Global Geriatric Care Services Market- Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Geriatric Care Services Market: Company Market Share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Therapy Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research And Development and Regional Expansion
    • 4.3. Price Trend Analysis
  •  
  • Chapter 5. Global Geriatric Care Services Market- Service Type Segment Analysis
    • 5.1. Global Geriatric Care Services Market: Service-Type Overview
      • 5.1.1. Global Geriatric Care Services Market Revenue Share, by Service Type, 2017 and 2023
    • 5.2. Home Care
      • 5.2.1. Global Geriatric Care Services Market for Home Care, 2015 - 2023 (USD Billion)
    • 5.3. Adult Day Care
      • 5.3.1. Global Geriatric Care Services Market for Adult Day Care, 2015 - 2023 (USD Billion)
    • 5.4. Institutional Care
      • 5.4.1. Global Geriatric Care Services Market for Institutional Care, 2015 - 2023 (USD Billion)
  •  
  • Chapter 6. Global Geriatric Care Services Market- Regional Segment Analysis
    • 6.1. Global Geriatric Care Services Market: Regional Overview
      • 6.1.1. Global Geriatric Care Services Market Revenue Share, by Region, 2017 And 2023
    • 6.2. North America
      • 6.2.1. North America Geriatric Care Services Market, 2015 - 2023 (USD Billion)
      • 6.2.2. North America Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.2.3. U.S.
      • 6.2.3.1. U.S. Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
    • 6.3. Europe
      • 6.3.1. Europe Geriatric Care Services Market, 2015 - 2023 (USD Billion)
      • 6.3.2. Europe Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.3.3. UK
        • 6.3.3.1. UK Geriatric Care Services Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.3.4. Germany
        • 6.3.4.1. Germany Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.3.5. France
        • 6.3.5.1. France Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Geriatric Care Services Market, 2015 - 2023 (USD Billion)
      • 6.4.2. Asia Pacific Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.4.3. China
        • 6.4.3.1. China Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.4.4. Japan
        • 6.4.4.1. Japan Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.4.5. India
        • 6.4.5.1. India Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
    • 6.5. Latin America
      • 6.5.1. Latin America Geriatric Care Services Market, 2015 - 2023 (USD Billion)
      • 6.5.2. Latin America Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
      • 6.5.3. Brazil
        • 6.5.3.1. Brazil Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
    • 6.6. Middle East and Africa
      • 6.6.1. Middle East and Africa Geriatric Care Services Market, 2015 - 2023 (USD Billion)
      • 6.6.2. Middle East and Africa Geriatric Care Services Market Revenue, by Service Type, 2015 - 2023 (USD Billion)
  •  
  • Chapter 7. Company Profile
    • 7.1. Brookdale Senior Living, Inc.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Therapy portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Extendicare, Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Therapy portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Genesis HealthCare Corp.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Therapy portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. Gentiva Health Services, Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Therapy portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. GGNSC Holdings
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Therapy portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Home Instead Senior Care, Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Therapy portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Kindred Healthcare, Inc.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Therapy portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. Senior Care Centers of America
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Therapy portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Skilled Healthcare Group, Inc.
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Therapy portfolio
      • 7.9.4. Business strategy
      • 7.9.5. Recent developments
    • 7.10. Sunrise Senior Living, Inc.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Therapy portfolio
      • 7.10.4. Business strategy
      • 7.10.5. Recent developments

Methodology

Free Analysis

Geriatric population is the population above 65 years of age. In an elderly population, there is a risk of chronic diseases such as diabetes, cardiac disorders, arthritis and respiratory diseases. This leads to the formation of geriatric care services. Geriatric care service is a service in which care of geriatric population is taken by providing them daily needed services. It includes working with senior adults and their families in managing and referring various types of health and social care services. It tries to ease the life of the elderly population. Geriatric care services help in improving the quality of life and maintaining their independence as long as possible. Geriatric care services also offer assistance in daily activities like bathing, dressing, eating, walking and other activities, which also includes their medication management.

According to the census released by the government, in 2015, out of the total population in the world, approximately 617 million were geriatric population. As this proportion of the geriatric population to the total population is increasing continuously there is an increase in the demand for global geriatric care services. Due to changing family structures in developing regions, there is a decrease in time which can be provided by family caregivers, this leads to increase in the market of the geriatric care services. Due to increase in employment and professional life, the family caretakers cannot give their time, this act as a driver for the global geriatric care service market. The geriatric population also intends to live independently which acts as a driver for the geriatric care service market. High spending is required to maintain the quality, this act as a restraint for the growth of the market. There is a shortage in the workforce who is required in geriatric care; therefore this can limit the growth of the market.

Based on services, the market is segmented into home care services, adult daycare services, and institutional care services. Home care is further divided into health care and nonmedical health care. Adult day care is also further segmented as healthcare and non- medical care. Institutional care consists of nursing homes, hospital-based, assisted living, and independent senior living. The institutional care services segment is expected to dominate the global geriatric care services market in the forecast period.

Global Geriatric Care Services Market

North America is projected to continue its supremacy, in global geriatric care services market, which will be followed by Europe, in the forthcoming years. The growth of this regional market is due to the increasing geriatric population and awareness about the care services.

Some of the key players in the global geriatric care services market are Brookdale Senior Living, Inc., Extendicare, Inc., Genesis HealthCare Corp., Gentiva Health Services, Inc., GGNSC Holdings, Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Skilled Healthcare Group, Inc., and Sunrise Senior Living, Inc. Major players are frequently engaged in mergers & acquisitions to retain their market share and diversify their services. They are also expanding in the areas where the concept of geriatric care services is blooming.

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