The global geriatric care services market is anticipated to rise at a CAGR of 5.3% from 2021 to 2028. This research analysis by Fact.MR found the market to be valued at US$ 400 Million in 2020, which is anticipated to increase to a market valuation of US$ 700 Million by the end of 2028.
The report’s framework includes the methodical gathering and analysis of data from social and opinion research about specific people or groups. The paper includes a number of definitions, industry segmentations or categories, industry applications, and value chain topologies. Following thorough investigation and analysis, the market studycovers a variety of sectors linked to the Healthcare industry. When creating a Geriatric Care Services Market research document for a customer, FactMR staff adheres attentively to all market-related factors.
Key geriatric care service providers are focusing on establishing new and advanced care centers and institutions to accommodate the growing aging population on a global scale. Care providers are also launching new initiatives to increase accessibility to geriatric services for the aging population.
On 12th April 2022, The Symbiosis University Hospital and Research Centre announced the launch of an initiative that is geared toward elderly care. This initiative is aimed at taking care of senior citizens without making them feel unwanted, and providing them with the required medical and social assistance needed
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