Sales of Geriatric Care Services Is Anticipated To Rise At A CAGR Of 5.3% by 2028

Published April 22, 2023

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.

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Geriatric Care Services Market Insights Segmentation

  • Geriatric Care Services Market by Type:
    • Home Care
      • Health Care
        • Medical Care
        • Physiotherapy Services
        • Telehealth
        • Palliative Care
        • Hospice Care
      • Non-medical Home Care
        • Personal Care
        • Home Making
        • Meals and Grocery
        • Rehabilitation
        • Others
    • Adult Day Care
      • Health Care
      • Non-Medical Care
    • Institutional Care
      • Nursing Homes
        • Palliative Care
        • Hospice Care
      • Hospital-Based
      • Assisted Living
      • Independent Senior Living
  • Geriatric Care Services Market by Region:
    • North America Geriatric Care Services Market
    • Latin America Geriatric Care Services Market
    • Europe Geriatric Care Services Market
    • East Asia Geriatric Care Services Market
    • South Asia & Oceania Geriatric Care Services Market
    • MEA Geriatric Care Services Market

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Key Companies Profiled

  • Amedisys Incorporated
  • Brookdale Senior Living Incorporated
  • Extendicare Incorporated
  • Genesis HealthCare Corporation
  • Gentiva Health Services Incorporated
  • GGNSC Holdings
  • Home Instead Senior Care Incorporated
  • Kindred Healthcare Incorporated
  • Senior Care Centers of America
  • Skilled Healthcare Group Incorporated
  • Sunrise Senior Living Incorporated

Essential Takeaways from the Geriatric Care Services Market Insights Report

  • Comparison of prominent players operating in the Geriatric Care Services Market Insights.
  • Recent developments and key strategies adopted by Geriatric Care Services Market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the Geriatric Care Services Market Insights.
  • Growth opportunities for emerging market players in various regional markets.
  • Current trends influencing the scenario of the Geriatric Care Services Market Insights.

Important queries related to the Geriatric Care Services Market Insights addressed in the report:

  1. Who are the most prominent players in the Geriatric Care Services Market Insights?
  2. What are the factors that are likely to hinder the growth of the Geriatric Care Services Market Insights during the forecast period?
  3. Why is the concentration of tier-1 companies high in a specific region?
  4. How are the soaring prices of raw materials impacting the demand for Geriatric Care Services Market?
  5. Why are Geriatric Care Services Market players eyeing opportunities in particular region?

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Competitive Landscape

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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