Geriatric care services market global industry analysis, size, share, growth, trends and forecast, 2013 – 2019

Transparency Market
Research
Geriatric Care Services
Market - Global Industry
Analysis, Size, Share,
Growth, Trends and
Forecast, 2013 – 2019
Single User License:
USD 4595
Multi User License:
USD 7595
Corporate User License:
USD 10595
Geriatric Care Services Market Expected to Reach USD 850
Billion Globally in 2019
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
sales@transparencymarketresearch.com
122 Page ReportPublished Date
07-July-2014
Request SampleBuy Now
Press Release

Geriatric care Services Market
A New market report “Geriatric Care Services Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019,” the global geriatric care services market was valued
at USD 560.4 billion in 2012 and is expected to grow at a CAGR of 5.9 % from 2013 to 2019, to
reach an estimated value of USD 850.0 billion by 2019.
The rising population of baby boomers in the U.S. is a major factor driving the global geriatric
care services market wherein a new study shows that the demand outstrips the supply of these
services across the globe. There are service providers as small as a family forming a home care
agency to few large companies with national and even international operations which implies
that the market is underserved and is also highly fragmented. The developed nations have
anticipated the situation and are putting efforts to reduce the imbalance by increasing private
service providers in the sector. However, most countries in the Asia-Pacific are far away from the
thought of private senior care sector and have a stigma associated with senior care being
provided by people other than the family members, friends and relatives. The scenario of senior
care in these countries is however changing with time and creating new space and opportunities
for the market.
Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019 report at
http://www.transparencymarketresearch.com/geriatric-care-services-market.html
The global geriatric care services market is analyzed by the type of services, and geography. On
the basis of type of services, the market has been segmented into home care, adult day care and
institutional care. The major geriatric population receives care from informal caregivers such as
close family members which may include spouse, children, grandchildren, friends and relatives.
The need for formal care arises when informal care is unavailable and is provided either in one or
more forms of services mentioned earlier. The choice of these services depends on the need of
care receiver senior adult and the ability to pay for these services. In 2012, the institutional care
segment accounted for the largest market share in the global geriatrics market, followed by
rapidly growing home care segment. Institutional care is the costliest among all the care services
available but provides high level of care and has been the most developed and largest segment.
However, high cost and the feeling of abandonment by family sensed by the elderly are limiting
the growth of this segment. While speaking on this issue, Bunni Dybnis, an elder care industry
veteran states the reason - “there are many people who would benefit from elderly care service,
but a relatively few actually have paid or other non-related caregivers. Most are relying on family
and other informal assistance. Cost, affordability, frugality, cultural traditions and resistance are
all factors. Affordability is a major issue, but only one of many.” The restraints for institutional
care settings are favoring the growth of other market segments.
2
REPORT DESCRIPTION

Geriatric Care Services Market
Get Free Sample Report at http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=2558
The community care in the form of adult day care is also a growing segment which is
supplementing the role of home care services by providing respite to the home care geriatric
care workers. Tracey L. Wolfman, Adjunct Professor at Monmouth University, and a CEO of We
Care Adult Care Inc., justifies the growth of Adult Day Care Services. In her opinion "Adult Day
Care allows individuals to receive comprehensive quality care at half the price of home care, or
one-fourth the cost of assisted living or nursing homes. A person can attend Adult Day Care
during the day and return to their home at night”. Adult day care services offer several
advantages such as living at home, skilled nursing care, enhanced quality of life, recreation,
social interaction and respite to caregivers which contributes to the growth of the market.
North America and Europe are expected to maintain their leading positions in the global geriatric
care services market throughout the forecast period from 2013 to 2019. In developed nations
such as the United States, Canada, Germany, France, the U.K., Italy and Spain, the market is
witnessing high growth due to increasing number of aged people opting for geriatric care
services. The chronic illness among elderly people, increased life expectancy, and the limitations
in performing cognitive and functional activities (i.e. activities of daily living) are the evident
reasons for the growth of geriatric care services market in developed nations. The rising pressure
on hospitals to reduce stay of patients is contributing to the growth of the out of hospital care
services. Many countries in these regions have presence of several large companies and
independent service providers which fulfill the needs of geriatrics care.
Browse more Medical Devices Related report at
http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html
Geriatric care services market in these regions is trending towards consolidation while on the
other hand the market in Asia-Pacific and Rest of the World regions is highly underdeveloped.
Brookdale Senior Living, Inc., Extendicare, Inc., Genesis HealthCare Corp., Gentiva Health
Services, Inc., GGNSC Holdings, Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior
Care Centers of America, Skilled Healthcare Group, Inc., and Sunrise Senior Living, Inc. are some
of the major companies operating in the global geriatric care services market.
3

Chapter 1 Introduction
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Secondary Research
1.3.2 Primary Research
1.4 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Geriatric Care Services Market
2.2 Global Geriatric Care Services Market Revenue, 2012 (USD Billion)
2.2.1 Comparative Analysis: Global Geriatric Care Services Market, by Geography, 2012 & 2019 (Value %)
Chapter 3 Market Overview
3.1 Introduction
3.2 Regulatory Environment
4
TABLE OF CONTENT

3.3 Drivers
3.3.1 Rising Geriatric Population Driving Geriatric Care Services Market
3.3.2 Change in Family Structure Boosting Adoption of Geriatric Care Services
3.4 Restraints
3.4.1 Looming Shortage of Geriatric Care Workforce Hampers the Market Growth
3.4.2 High Out-Of-Pocket Spending Requirement Restrict Use of Private Senior Care Services
3.5 Opportunities
3.5.1 Adoption of Technological Advancements will Help Providers Extract Underserved Business
3.5.2 High Market Potential in Asia-Pacific, Particularly in China
3.6 Porter’s Five Force Analysis for the Global Geriatric Care Services Market
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of New Substitutes
3.6.5 Competitive Rivalry
3.7 Market Attractiveness Analysis for the Global Geriatric Care Services Market, by Geography
3.8 Heat Map Analysis: Global Geriatric Care Services Market
3.8.1 Methodology
3.8.2 Analysis
3.8.3 Heat Map Analysis for the Global Geriatric Care Services Market, by Key Players, 2012
Chapter 4 Global Geriatric Care Services Market, by Types
5

4.1 Introduction
4.1.1 Global Geriatric Care Services Market Revenue, by Type, 2011 - 2019 (USD Billion)
4.2 Comparative Analysis: Global Geriatric Care Services Market, by Type, 2012 & 2019 (Value %)
4.3 Home Care Services
4.3.1 Global Home Care Services Market Revenue, by Type, 2011 – 2019 (USD Billion)
4.3.2 Global Home Care Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.3 Home Health Care
4.3.3.1 Global Home Healthcare Services Market Revenue, by Type, 2011 – 2019 (USD Billion)
4.3.4 Global Home Healthcare Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.4.1 Medical Care
4.3.4.1.1 Global Medical Care Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.4.2 Physiotherapy Services
4.3.4.2.1 Global Physiotherapy Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.4.3 Home Telemedicine (Telehealth)
4.3.4.3.1 Global Telemedicine Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.4.4 Palliative Care
4.3.4.4.1 Global Palliative Care Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.4.5 Hospice Care
4.3.4.5.1 Global Hospice Care Services Market Revenue, 2011 – 2019 (USD Billion)
4.3.5 Non Medical Home Health Care
4.3.5.1 Global Non Medical Home Care Services Market Revenue, by Type, 2011 – 2019 (USD
Billion)
6

4.3.5.2 Personal Care
4.3.5.3 Home Making
4.3.5.4 Meals and Grocery
4.3.5.5 Rehabilitation
4.4 Adult Day Care Services (ADS)
4.4.1 Global Adult Day Care Services Market Revenue, by Type, 2011 – 2019 (USD Billion)
4.4.2 Medical Care
4.4.3 Non Medical Care
4.5 Institutional Care
4.5.1 Global Institutional Care Services, Market Revenue, by type, 2011 - 2019 (USD Billion)
4.5.2 Nursing Homes
4.5.2.1 Nursing Homes Market Revenue, 2011 – 2019 (USD Billion)
4.5.2.2 Palliative Care
4.5.2.3 Palliative Care Market Revenue, 2011 – 2019 (USD Billion)
4.5.2.4 Hospice Care
4.5.2.5 Hospice Care Market Revenue, 2011 – 2019 (USD Billion)
Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatric-
care-services-market.html
4.5.3 Assisted Living Facilities
7

4.5.3.1 Assisted Living Facilities Market Revenue, 2011 – 2019 (USD Billion)
4.5.4 Hospital Based Geriatric Care
4.5.4.1 Hospital Based Geriatric Care Market Revenue, 2011 – 2019 (USD Billion)
4.5.5 Independent Senior Living Communities
4.5.5.1 Independent Senior Living Communities Market Revenue, 2011 – 2019 (USD Billion)
Chapter 5 Global Geriatric Care Services Market, by Geography
5.1 Introduction
5.1.1 Global Geriatric Care Services, Market Revenue, by Geography, 2011 - 2019 (USD Billion)
5.2 North America
5.2.1 North America Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion)
5.2.2 United States
5.2.2.1 U.S. Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.2.3 Canada
5.2.3.1 Canada Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3 Europe
5.3.1 Europe Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion)
5.3.2 United Kingdom
5.3.2.1 U.K. Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3.3 France
5.3.3.1 France Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3.4 Spain
8

5.3.4.1 Spain Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3.5 Italy
5.3.5.1 Italy Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3.6 Germany
5.3.6.1 Germany Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.3.7 Rest of Europe
5.3.7.1 Rest of Europe Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.4 Asia-Pacific
5.4.1 Asia-Pacific Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion)
5.4.2 India
5.4.2.1 India Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.4.3 Japan
5.4.3.1 Japan Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.4.4 China
5.4.4.1 China Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.4.5 Australia
5.4.5.1 Australia Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.4.6 Rest of Asia-Pacific
5.4.6.1 Rest of Asia-Pacific Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.5 Rest of the World
5.5.1 Rest of the World Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.5.2 Latin America
9

5.5.2.1 Latin America Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.5.3 Middle East
5.5.3.1 Middle East Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.5.4 Africa
5.5.4.1 Africa Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
5.5.5 Rest of Rest of the World (RoW)
5.5.5.1 Rest of RoW Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)
Chapter 6 Recommendations
6.1 Mutually beneficial partnerships to have a competitive edge in highly fragmented elder care services
market
6.2 Investing in the emerging economies such as China serves as an opportunity for developed nations
such as the U.S. and the U.K.
Chapter 7 Company Profiles
7.1 Amedisys, Inc.
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Product Portfolio
10

7.1.4 Business Strategies
7.1.5 Recent Developments
7.2 Brookdale Senior Living, Inc.
7.3 Extendicare Health Services, Inc.
7.4 Genesis HealthCare LLC
7.5 Gentiva Health Services Incorporated
11

7.6 GGNSC Holdings LLC
7.7 Home Instead Senior Care Incorporated
7.8 Kindred Healthcare Incorporated
12

Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatric-
care-services-market.html
7.9 Senior Care Centers of America
7.10 Skilled Healthcare Group Incorporated
7.11 Sunrise Senior Living, LLC
13

7.11.5 Recent Development
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-
looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Contact:
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Blog: https://tmrresearch.wordpress.com/
14
About Us

Geriatric care services market global industry analysis, size, share, growth, trends and forecast, 2013 – 2019

Recommended

Recommended

More Related Content

Viewers also liked

Viewers also liked (9)

Recently uploaded

Recently uploaded (20)

Geriatric care services market global industry analysis, size, share, growth, trends and forecast, 2013 – 2019