North America Geriatric Care Services Market 2018 by Latest Trends, Opportunity Analysis, Key Players, Industry Demand, Outlook & Forecast 2025
Jan 10, 2019
North America Geriatric Care Services Market report offers an exhaustive comprehension of industry variable, industrial environment, regulatory policies and possible threats in the industry that provides precise acumen to the key player to built-up effective business plans and makes informed decisions for their business.
Dallas, United States - January 10, 2019 /MarketersMedia/ —
Adroit Market Research launched a study titled, “North America Geriatric Care Services Market Size 2017 by Service Type (Home care, Adult Day Care and Institutional Care), by Country and Forecast 2018 to 2025”.
The study covers the North America geriatric care services market value for a period ranging between 2012 to 2025, where 2012 to 2017 imply the actual annual revenue with forecast between 2018 and 2025. The North America geriatric care services report also includes qualitative insights of the market such as drivers, restrains, PEST analysis and regulatory framework.
Download the Sample copy of this Report:
https://www.adroitmarketresearch.com/contacts/request-sample/591
By 2025, the North America geriatric care services market is expected to reach USD 421.6 billion, driven by increasing life expectancy in the region. Rising advancements in technologies leading to the availability of improved healthcare services and advanced treatments alternatives is in turn increasing the life expectancy especially in the U.S. Rising health awareness among people and the adverse medical events among the geriatric population is accelerating the growth of the North America geriatric care services market.
The geriatric care service industry is comprised of home healthcare agencies, skilled nursing facilities, continuing care facilities, assisted living facilities and social services agencies. The market will be growing at a substantial rate driven by the increased number of baby boomers entering the retirement years and the changing demographics of the country. Furthermore, modifications in the federal regulations, specifically for the Medicaid and medicare payments, is permitting flexible and increased payment alternatives. Most of the geriatric population require long term support and services including assistance with daily activities; for instance, dressing and bathing because of cognitive or physical impairment.
On the basis of service type, geriatric care services market is segmented into home care, adult care and institutional care. In 2017, home care segment accounted for the largest share of nearly 40% registering a CAGR of 5.5%. Increasing preference towards home care services when compared to institutional care services is a key factor expected to result in a significant growth of the health care services market. Home care segment is expected to witness the highest growth potential over the forecast period owing to rising inclination of consumers towards choosing hygienic and relatively more comfortable options for their treatment. Also, increasing investments by governments as well as increasing number of favourable policies by several healthcare organizations is anticipated to drive the growth of adult day care segment over the forecast period. Further, adult day care segment is anticipated to foresee a significant growth of nearly 5% between 2018 and 2025.
View the full North America Geriatric Care Services Market Research Report:
https://www.adroitmarketresearch.com/industry-reports/north-america-geriatric-care-services-market
This growth is attributed to improvements in the existing care models. Healthcare giants are becoming costumer centric by focusing on improving service quality rather than just increasing the revenues. Also, private owners are operating various small scale nursing homes and residential homes for elderly population. Mergers and acquisitions are also playing a major role in the growth of the geriatric care services market in North America. For instance, Genesis healthcare acquired Sun healthcare group which created the largest skilled nursing provider in US.
Some of the major players profiled in this report include Gentiva Health Services, Inc., Genesis HealthCare Corp., GGNSC Holdings, Kindred Healthcare and Home Instead Senior Care Inc.
Key segments of the North America geriatric care services market
Type Overview, 2015-2025 (USD million)
Home Care
Adult Care
Institutional Care
Regional Overview, 2015-2025 (USD million)
North America
United States
Canada
Else place an Inquire before Purchase “North America Geriatric Care Services Market Size, Status and Forecast 2025:
https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/591
Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600
Phone: 2148846068
Website: https://www.adroitmarketresearch.com/industry-reports/north-america-geriatric-care-services-market
Source: MarketersMedia
Release ID: 468659
More News
White House Restores Access for CNN, MS NOW and Politico
A judge ordered President Trump to reverse his ban on three media outlets, but it took several hours for them to get back in. The White House TV pool remains suspended.
X-planes: Are they needed in the new era of drones?
Where do America's X-plane projects fit in an era of cheap drones?
'We're all broke': Would you chase a friend for £5?
What's the smallest amount of money you would ask a friend to pay you back?
Mortgage Rates Hit 7% as Iran War Fallout Crushes a Weak Housing Market
The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
Elizabeth Holmes to Transfer to Halfway House in August 2027
The founder of the blood-testing start-up Theranos was sentenced to 11 years in prison for fraud and had been serving time at a minimum-security federal prison in Texas.
Massachusetts Is Investigating Gambling Companies’ Use of A.I.
In response to a New York Times report on DraftKings, the state’s gaming commission said it would evaluate how each company deployed the technology.
Abortion Pills, Vaccines and Food Safety: F.D.A. Nominee Heidi Overton Faces Senate Confirmation Hearing
Dr. Heidi Overton was pressed on the president’s false statements about the measles vaccine and his intervention in tobacco policy.
Bond Markets Are Volatile and Oil Prices Rise
The rise came a day after a sharp sell-off in government debt.
Conservative Outlets Offer Trump Feed While White House TV Pool Is Suspended
Real America’s Voice and LindellTV have teamed up to provide a feed of daily presidential events.
After a Summer of Disruptions, Here Are the 7 New Rules for Air Travel
Flight delays and cancellations brought on by weather, technology glitches and other issues offer a lesson: Be prepared and be flexible.
The ‘Monster’ Behind Russia’s Global Effort to Evade Western Sanctions
A Moscow firm uses shell companies and cryptocurrency to launder money, and a custom app to forge trade records, to help Russia bypass sweeping financial restrictions.
A Weary Hollywood Celebrates the Prospect of Federal Funding
In response to an exodus of movie and TV production, a bill is being introduced in Congress that would use tax credits to subsidize filming in the United States.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.