Elderly Care Market 2021 Industry Size & Share, Growth Opportunities, Competitive Landscape And Revenue Forecast By 2027 |Econ Healthcare Group, Home Instead, ORPEA GROUPE, St Luke’s Eldercare Ltd, Rosewood Care Group, Medtronic
Data Bridge Market Research added recently released new research report on Elderly Care Market 2021 by Top players, Regions, Type and Application, Forecast to 2027 provides a complete analysis which studies the industry coverage, current market competitive status, and market outlook. It highlights the key driving factors, constraints, opportunities, and challenges in the competitive market. The report contains facts and numbers regarding the market size, geographical landscape, and profit forecast of the global Elderly Care market. The global Elderly Care market report collects data about the target market such as pricing trends, customer requirements, competitor analysis, and other such details. The research report highlights the key growth catalysts, constraints, as well as opportunities, primary and secondary drivers, market share, leading segments and geographical analysis. It also analyzes the market majors to evaluate the degree of competition in the industry vertical. This report further includes relevant details about certain market drivers and growth factors.
Elderly Care Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.0% in the forecast period of 2020 to 2027 and expected to reach USD 1,944,028.05 million by 2027. Geriatric population, rising chronic illness in ageing population and rising awareness of home care services are the major factors for the market growth.
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Top Key Players of the Market:
- Right at Home, LLC
- Koninklijke Philips N.V
- BAYADA Home Health Care
- Econ Healthcare Group
- Home Instead, Inc.
- ORPEA GROUPE
- St Luke’s Eldercare Ltd.
- Rosewood Care Group
- Interim HealthCare Inc
- United Medicare Pte Ltd
- Trinity Health
- Exceptional Living Centers
- Living Assistance Services, Inc
- LHC Group, Inc
- Encompass Health Corporation
- FC Compassus LLC
The Segments and Sub-Section of Elderly Care Market are shown below:
By Product Type (Pharmaceuticals, Housing and Assistive Devices)
By Service (Institutional Care, Homecare, Adult Day Care)
By Application (Heart Diseases, Cancer, Kidney Diseases, Diabetes, Arthritis, Osteoporosis, Neurological, Respiratory and Others)
Increasing geriatric population worldwide and increase in the awareness of elderly care among people is driving the growth of the market. Due to the change in life style of old people are now inclined towards elderly care and it provides multiple benefits such as home care, nursing care and others.
- in 2017, according to the United Nations, it has been estimated that in 2017, there were approximately 962.3 million of aged people of 60 years or older people worldwide. Further it has been estimated that it will get increase to estimate of 2080.5 million. Increase in population worldwide will require high elder care and hence the market growth may increase in future.
Scope of the Report
This report analyzes the dynamic Elderly Care market summary, growth possibilities, and a market performance that will lead to profitability. In continuation, it covers the leading key players are strategically profiled and their growth strategies. It analyzes competitive scenarios such as developments, agreements, new launching products, and market acquisitions. Furthermore, the report presents revise and forecast the market size in the international market. To study the market key players, SWOT analysis, value and global market share for leading players. This study covers all the essential information regarding the world industry which helps a user to grasp the overall market. The study especially covers the supply chain analysis, the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Then, the report also provides important distinguishing information regarding each of the market segments. These segments are analyzed further on different fronts such as historical performance, market size contributions, market share, and expected rate of growth.
Table of Content:
Chapter 1: Elderly Care Market Overview
Chapter 1.1: Study Assumptions
Chapter 1.2: Scope of the Study
Chapter 2: Elderly Care Market Economic Impact
Chapter 2.1: Analysis Methodology
Chapter 2.2: Research Phases
Chapter 3: Competition by Manufacturers
Chapter 3.1: Current Market Scenario
Chapter 3.2: Value Chain/Supply Chain Analysis
Chapter 3.3: Government Regulations and Initiatives
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 5.1: Market Drivers
Chapter 5.2: Market Restraints/Challenges
Chapter 5.3: Market Opportunities
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Elderly Care Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Elderly Care Market Geographic Analyses
Chapter 12: Elderly Care Market Effect Factors Analysis
Chapter 13: Elderly Care Market Forecast (2021-2028)
Chapter 14: Future Of The Market
Chapter 15: Appendix
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The study especially covers the supply chain analysis, market size growth rate in several scenarios. Then, the report also provides important distinguishing information regarding each of the market segments. These segments are analyzed further on different fronts such as historical performance, market size contributions, market share, and expected rate of growth. This report displays details of new recent additions, trade ordinances, import exportation investigation, industry share, PESTEL analyses, SWOT analyses, product life cycle, opportunities in terms of emerging revenue, changes in market guidance, product approvals, product launches, geographic enlargements, technological innovations in the global Elderly Care industry. Moreover, users can identify potential business partners, acquisition targets and business buyers with the Elderly Care market research report. At the end, readers are given with a broad conclusion of the research study and final words on future growth of the Elderly Care market.
Global Elderly Care Market Scope and Market Size
On the basis of product type, the market is segmented into pharmaceuticals and housing and assistive devices. In 2020, housing and assistive devices is expected to dominate the growth of the elderly care market, due to the requirement of assistive devices in homecare of elderly patients and growing geriatric population; those are not capable of self-assistance fuels the growth of the market in the forecast period of 2020 to 2027.
On the basis of service, the market is segmented into homecare, institutional care and adult day care. In 2020, homecare segment is expected to dominate elderly care market as homecare is designed in a way which enables comfort to aged patients and population and rising geriatric population globally is leading the growth of the market in forecast period of 2020 to 2027.
On the basis of application, the market is segmented into heart diseases, respiratory, diabetes, osteoporosis, cancer, neurological, kidney diseases, arthritis and others. In 2020, heart diseases segment is expected to dominate the growth of the market due to the growing incidences of hyper tension, blood pressure, cardiovascular diseases amongst elderly patients, leading the growth of the market in the coming year.
Competitive Landscape and Elderly Care Market Share Analysis
The major players covered in the report are Right at Home, LLC, Koninklijke Philips N.V, BAYADA Home Health Care, Econ Healthcare Group, Home Instead, Inc., ORPEA GROUPE, St Luke’s Eldercare Ltd., Rosewood Care Group, Medtronic, Interim HealthCare Inc, United Medicare Pte Ltd., Trinity Health, Exceptional Living Centers, Amedisys, Living Assistance Services, Inc., ElderCareCanada, LHC Group, Inc., Encompass Health Corporation, Extendicare, Prolifico, FC Compassus LLC and other players on global level. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In November 2019, Amedisys has acquired Asana Hospice which will be targeted to close on January 1st, 2020. By this acquisition the company will enhance its service offering in the market.
Elderly Care Market Country Level Analysis
The report is mainly segmented into several key regions, with sales, revenue, market share and growth rate of Elderly Care in these regions, covering:
U.S., Canada and Mexico in North America, Germany, France, U.K.
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
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Key Highlights of The Industry Report:
- Assessment of all opportunities and risk in the global Elderly Care market
- Conclusive study about the growth of the market for forthcoming years
- In-depth understanding of market-particular drivers, constraints
- A complete picture of the competitive scenario of the global Elderly Care market is depicted by this report.
- It provides historical and forecasts revenue of the market segments and sub-segments with respect to main geographies and their countries
- It also provides a complete assessment of the future market and the changing market scenario.
- Country-level analysis of the market with respect to the current market size and future prospective
- Current and predictable size of the Elderly Care market from the perspective of both value and volume.
Why choose Databridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provide clients with the top notch market research report.
- Interaction with research scientists and development heads to understand the nature of the market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
- DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Elderly Care market size.
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