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Geriatric Care Services Market Analysis by Service (Home Care, Adult Day Care, Institutional Care, Non Medical, Medical, Nursing Homes, Hospitals, Community Centers) and Segment Forecasts To 2022

Published: May, 2015 | Pages: 84 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

Global geriatric care services market is expected to reach USD 1,012.02 billion by 2022. Constantly increasing geriatric population prone to chronic medical conditions is expected to drive market growth over the forecast period. Presence of favorable reimbursement policies in the U.S. which are primarily driven by Medicaid, and Medicare is also expected to positively reinforce market growth. In 2012, according to data published by the Center of Disease Control (CDC) it has been estimated that 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. Furthermore, nearly 99% home health agencies, 100% hospice, and 96.5% nursing homes were Medicare certified.

Further key findings from the study suggest:

The home care services market was valued at 255.36 billion in 2014 and is expected to grow at a healthy rate over the forecast period. Home care services enable the elderly to stay at home and receive care without altering their lifestyles. Services include medical and non medical services.
Institutional care services were the leading segment of the market in 2014. Large presence and high usage rates of institutions offering geriatric care services such as nursing homes, assisted living facilities, hospital based geriatric care and independent senior living communities is a key factor attributing to its market position.   
North America was one of the highest revenue generating regional market in 2014 majorly on account of favorable reimbursement policies, large presence of pertinent facilities and high awareness and disposable income levels. Recent statistics support the aforementioned statement. Data published by the CDC in 2012, suggest that the total number of long term care facilities and adult day care centers amounted to 58,600 and 4,800 respectively.
The Asia Pacific geriatric care services market is expected to grow at a CAGR of over 8.0% during the forecast period. Presence of high unmet needs and large geriatric population base in countries such as China and India and growing prevalence of orthopedic, neurological, cardiovascular disorders are expected to serve this market as high impact rendering drivers.
Key players operating in the geriatric care services market include Kindred Healthcare Inc., Brookdale Senior living, Senior Care Centers of America, Extendicare, Inc. and Genesis Healthcare Corp.
 

For the purpose of this study, Grand View Research has segmented the geriatric care services market on the basis of services and region

Global Geriatric Care Services Product Outlook (Revenue, USD Billion, 2012 - 2022)

Home 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 Regional Outlook (Revenue, USD Billion, 2012 - 2022)

North America
U.S.
Canada
Mexico
Europe
Germany
UK
Asia Pacific
China
Japan
India
MEA
South Africa
Latin America
Brazil
 Table of Contents
Chapter 1 Executive Summary 1.1 Geriatric care services market outlook, 2014 - 2022 Chapter 2 Geriatric Care Services Industry Outlook 2.1 Market segmentation 2.2 Market Size and Growth Prospects 2.3 Geriatric care services - Market Dynamics 2.3.1 Market driver analysis 2.3.2 Market restraint analysis 2.4 Key opportunities - Prioritized 2.5 Industry Analysis - Porter's 2.6 Geriatric care services - PESTEL Analysis 2.7 Company market share analysis Chapter 3 Geriatric Care Services Product Outlook 3.1 Geriatric care services market share by product, 2014 & 2022 3.2 Home care 3.2.1 Global home care market, 2014 - 2022 (USD Billion) 3.3 Adult day care 3.3.1 Global adult day care market, 2014 - 2022 (USD Billion) 3.4 Institutional care 3.4.1 Global adult day care market, 2014 - 2022 (USD Billion) Chapter 4 Geriatric Care Services Regional Outlook 4.1 Geriatric care services market share by region, 2014 & 2022 4.2 North America 4.2.1 U.S. 4.2.2 Canada 4.2.3 Mexico 4.3 Europe 4.3.1 Germany 4.3.2 UK 4.4 Asia Pacific 4.4.1 China 4.4.2 Japan 4.4.3 India 4.5 MEA 4.5.1 South Africa 4.6 Latin America 4.6.1 Brazil Chapter 5 Competitive Landscape 5.1 Brookdale Senior Living Inc. 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 Extendicare Inc. 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Gentiva Health Services Inc. 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Kindred Healthcare Inc. 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Senior Care Centers of America 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Sunrise Senior Living Inc. 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Genesis Healthcare Corp. 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Home Instead Senior Care Inc. 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product benchmarking 5.8.4 Strategic Initiatives 5.9 GGNSC Holdings, LLC 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives Chapter 6 Methodology and Scope 6.1 Research methodology 6.2 Research Scope & Assumptions 6.3 List of Data Sources List of Tables
TABLE 1 Geriatric care services - Market Outlook, 2014 - 2022 TABLE 2 Global geriatric care services market, by product, 2014 - 2022 (USD Billion) TABLE 3 Global geriatric care services market, by region, 2014 - 2022 (USD Billion) TABLE 4 Geriatric care services - Key market driver analysis TABLE 5 North America geriatric population (Over 60 Years), 2012 - 2022 (USD Million) TABLE 6 Europe geriatric population (Over 60 Years), 2012 - 2022 (USD Million) TABLE 7 Asia geriatric population (Over 60 Years), 2012 - 2022 (USD Million) TABLE 8 Latin America geriatric population (Over 60 Years), 2012 - 2022 (USD Million) TABLE 9 Africa geriatric population (Over 60 Years), 2012 - 2022 (USD Million) TABLE 10 North America oldest old population (Over 80 Years), 2012 - 2022 (USD Million) TABLE 11 Europe oldest old population (Over 80 Years), 2012 - 2022 (USD Million) TABLE 12 Asia oldest old population (Over 80 Years), 2012 - 2022 (USD Million) TABLE 13 Latin America oldest old population (Over 80 Years), 2012 - 2022 (USD Million) TABLE 14 Africa oldest old population (Over 80 Years), 2012 - 2022 (USD Million) TABLE 15 Geriatric care services - Key market restraint analysis TABLE 16 North America geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 17 U.S. geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 18 Canada geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 19 Mexico geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 20 Europe geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 21 Germany geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 22 UK geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 23 Asia Pacific geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 24 China geriatric care services market, by serivce, 2014 - 2022 (USD Billion) TABLE 25 Japan geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 26 India geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 27 MEA geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 28 South Africa geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 29 Latin America geriatric care services market, by service, 2014 - 2022 (USD Billion) TABLE 30 Brazil geriatric care services market, by service, 2014 - 2022 (USD Billion) List of Figures FIG. 1 Geriatric care services: Market Segmentation FIG. 2 Global geriatric care Services Market Revenue, 2014 - 2022 (USD Billion) FIG. 3 Geriatric care services: Market Dynamics FIG. 4 Global geriatric population, 2012-2022 (USD Million) FIG. 5 Global oldest old population, 2012-2022 (USD Million) FIG. 6 Key Opportunities Prioritized FIG. 7 Geriatric care services - Porter's Analysis FIG. 8 Geriatric care services - PESTEL Analysis FIG. 9 Geriatric care service company market share FIG. 10 Geriatric care services market share, by services, 2014 & 2022 FIG. 11 Global home care services market, 2014 - 2022 (USD Billion) FIG. 12 Global adult day care market revenue, 2014 - 2022 (USD Billion) FIG. 13 Global institutional care market revenue, 2014 - 2022 (USD Billion) FIG. 14 Geriatric care services market share by region, 2014 & 2022 FIG. 15 North America geriatric care services market, 2014 - 2022 (USD Billion) FIG. 16 U.S. geriatric care services market, 2014 - 2022 (USD Billion) FIG. 17 Canada geriatric care services market, 2014 - 2022 (USD Billion) FIG. 18 Mexico geriatric care services market, 2014 - 2022 (USD Billion) FIG. 19 Europe geriatric care services market, 2014 - 2022 (USD Billion) FIG. 20 Germany geriatric care services market, 2014 - 2022 (USD Billion) FIG. 21 UK geriatric care services market, 2014 - 2022 (USD Billion) FIG. 22 Asia Pacific geriatric care services market, 2014 - 2022 (USD Billion) FIG. 23 China geriatric care services market, 2014 - 2022 (USD Billion) FIG. 24 Japan geriatric care services market, 2014 - 2022 (USD Billion) FIG. 25 India geriatric care services market, 2014 - 2022 (USD Billion) FIG. 26 MEA geriatric care services market, 2014 - 2022 (USD Billion) FIG. 27 South Africa geriatric care services market, 2014 - 2022 (USD Billion) FIG. 28 Latin America geriatric care services market, 2014 - 2022 (USD Billion) FIG. 29 Brazil geriatric care services market, 2014 - 2022 (USD Billion)

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