{"product_id":"geriatric-care-services-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Geriatric Care Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eGeriatric Care Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003c\/p\u003e\n\n\u003cp\u003eThe global geriatric care services market size reached US$ 1,084 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,682 Billion by 2028. exhibiting a growth rate CAGR of 7.3% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eGeriatric care services refer to various health and wellness services provided to the elderly to assist them with their medical, psychological, and social needs. Some commonly offered services include home care, nutritional services, medications, socialization programs, and non-medical services, such as personal care, homemaking, meals, and grocery. They aim to offer counseling and support, monitor health regularly, fulfill in-home care needs, address emotional concerns, and make other living arrangements. In recent years, geriatric care services have rapidly gained traction as they help improve the overall quality of life, and ensure the physical and mental wellbeing of the elderly population.\u003c\/p\u003e\n\n\u003cp\u003eGeriatric Care Services Market Trends:\u003cbr\u003e\nGeriatric care services assist in improving health by treating and preventing diseases in the elderly while fulfilling their daily life requirements. As a result, the expanding geriatric population and the rising awareness regarding these healthcare facilities represent the primary factors driving the market growth. Additionally, the widespread prevalence of chronic health conditions, such as diabetes, cardiovascular diseases (CVDs), high blood pressure, orthopedic disorders, and cancer, is another major growth-inducing factor. Besides this, the growing health concerns among the masses amid the recent outbreak of coronavirus disease (COVID-19) are augmenting the demand for geriatric care services. Furthermore, governments of various countries are taking several initiatives to provide easily accessible and affordable social care services to the elderly population. This, in confluence with the introduction of favorable reimbursement policies, is contributing to the market growth. Moreover, home care services enable the elderly to receive medical and non-medical care in a convenient and cost-effective way at their homes, which in turn is propelling the market growth. Other factors, including the extensive investments in the development of healthcare infrastructure, inflating consumer disposable incomes, rapid urbanization, and easy availability of long-term service providers, are also creating a positive market outlook.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003cbr\u003e\nIMARC Group provides an analysis of the key trends in each sub-segment of the global geriatric care services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, payment source and application.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Service:\u003c\/p\u003e\n\n\u003cp\u003eHome Care\u003cbr\u003e\nAdult Day Care\u003cbr\u003e\nInstitutional Care\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Payment Source:\u003c\/p\u003e\n\n\u003cp\u003ePublic Insurance\u003cbr\u003e\nPrivate Insurance\u003cbr\u003e\nOut-of-pocket\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eRespiratory Diseases\u003cbr\u003e\nDiabetes\u003cbr\u003e\nHeart Diseases\u003cbr\u003e\nNeurological Diseases\u003cbr\u003e\nKidney Diseases\u003cbr\u003e\nCancer\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nAsia-Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nIndia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nAustralia\u003cbr\u003e\nIndonesia\u003cbr\u003e\nOthers\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUnited Kingdom\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nRussia\u003cbr\u003e\nOthers\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nOthers\u003cbr\u003e\nMiddle East and Africa\u003cbr\u003e\n \u003cbr\u003e\nCompetitive Landscape:\u003cbr\u003e\nThe competitive landscape of the industry has also been examined along with the profiles of the key players being Amedisys Inc., Brookdale Senior Living Inc., Econ Healthcare Group, Extendicare Inc., Genesis HealthCare, Home Instead Inc. (Honor Technology Inc.), Kindred Healthcare, Portea Medical, Revera Inc., Rosewood Care Group Inc. and Sunrise Senior Living LLC.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003cbr\u003e\nHow has the global geriatric care services market performed so far and how will it perform in the coming years?\u003cbr\u003e\nWhat has been the impact of COVID-19 on the global geriatric care services market?\u003cbr\u003e\nWhat are the key regional markets?\u003cbr\u003e\nWhat is the breakup of the market based on the service?\u003cbr\u003e\nWhat is the breakup of the market based on the payment source?\u003cbr\u003e\nWhat is the breakup of the market based on the application?\u003cbr\u003e\nWhat are the various stages in the value chain of the industry?\u003cbr\u003e\nWhat are the key driving factors and challenges in the industry?\u003cbr\u003e\nWhat is the structure of the global geriatric care services market and who are the key players?\u003cbr\u003e\nWhat is the degree of competition in the industry?\u003c\/p\u003e","brand":"Life Science","offers":[{"title":"March, 2023 \/ 144 Pages \/ MCW16240678","offer_id":47657639051570,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/geriatric-care-services-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}