Geriatric Care Services Market Emerging Factors, Future Demands & Key Players, 2022

1. Geriatric Care Services Market Revenue Drivers, Growth Opportunities, Supply Chain Analysis and Forecast Research Report Till 2022 “The global Geriatric Care Services Market size is estimated to reach USD 1,012.02 billion by 2022, registering at a 6.1% CAGR during the forecast period.” The global Geriatric Care Services Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global Geriatric Care Services Market size is estimated to reach USD 1,012.02 billion by 2022, registering at a 6.1% CAGR during the forecast period. Growing geriatric population coupled with rising prevalence of chronic diseases is one the key factors driving the growth of geriatric care services market. Key Players: Senior Care Centers of America Brookdale Senior living Kindred Healthcare Genesis Healthcare Corp. Sunrise Senior Living GGNSC Holdings Extendicare

2. Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/geriatric-care-services-market/request-sample Growth Drivers: Presence of favorable reimbursement policies and increased life expectancy are also amongst few factors expected to propel demand for geriatric care services. There is an increase in the adoption level for these services owing to the advantages associated with these services such as in chronic care management. Furthermore, increasing number of homecare and long term care services offered by geriatric care centers such as nursing care, health assessment & monitoring, and counseling & financial support is anticipated to drive the demand for these services. In addition, growing demand for independent aging solutions and introduction of robotic technology in geriatric care is also anticipated to further boost up the market growth. Product Insights: Home care Non Medical Home Care Adult day care Institutional care Regional Insight: North America dominated the market with the maximum share of 44.5% in 2014. Some of the key factors attributing to the market growth include favorable reimbursement policies and presence of large number of care centers in the U.S. According the Center of Disease Control (CDC) in 2012, there were nearly 95% nursing homes, 77% adult day care service centers, 78% home health agencies, and 52% residential care communities were certified to participate in Medicaid. Asia pacific region is expected to be the fastest growing segment with a CAGR of 8.5% over the forecast period. The region offers untapped potential due to low product penetration rate, unmet medical needs, and large elderly population base in emerging economies like India and China. Rising incidences of neurological, orthopedic, and cardiovascular disorders in such countries is expected to drive the growth in this region. The growth prospects in Mexico is significant during the forecast period due to inadequate and distributed geriatric care services. Browse Related Category Research Reports @ https://blog.naver.com/tomclark

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