Market drivers and market restraints covered in the Elderly Care Market report assist businesses to get idea about the production strategy. This global market report additionally encompasses predictions utilizing a practical arrangement of suspicions and techniques. The report is generated with the systematic gathering and analysis of information about individuals or organisations which is conducted through social and opinion research. Furthermore, the identity of respondents is kept secret and no promotional approach is made to them while analysing the data. The Elderly Care Market report helps strengthen the organization and make better decisions for driving the business on right track.
The global elderly care market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.0% in the forecast period of 2022 to 2029 and is expected to reach USD 2,357,746.52 million by 2029.
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Market Overview
Recent Development
- In June 2021, according to TechCrunch, Webrock Ventures and Helathforce partnered to launch telehealth products in South Africa. The new venture has not been given a name yet, and the main focus is to offer on-demand and scheduled consultations to patients with nurses, mental health professionals, and practitioners. The venture has closed a USD 3 million pre-Series A round
- In April 2021, according to TechCrunch, Quro Medical, a health tech startup in South Africa that offers home services to manage ill patients in their homes to provide them the utmost comfort as well as to reduce the risk of infection, had closed a USD 1.1 million round investment. The round was led by Enza Capital and Mohau Equity Partners. The company aims to provide acute patient care at home to improve the patient experience
Global Elderly Care Market Scope
The global elderly care market is segmented into product type, service, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product Type
- Pharmaceuticals
- Housing and assistive devices
Based on product type, the elderly care market is segmented into pharmaceuticals and housing and assistive device.
Service
- Institutional Care
- Homecare
- Adult Day Care
Based on service, the elderly care market is segmented into institutional care, homecare, and adult day care.
Application
- Heart Diseases
- Cancer
- Kidney Diseases
- Diabetes
- Arthritis
- Osteoporosis
- Neurological
- Respiratory
- Others
Some of the major players operating in the elderly care market are LHC Group, Inc., Encompass Health Corporation, EXTENDICARE, Amedisys, Koninklijke Philips N.V., Medtronic, ORPEA GROUPE, Exceptional Living Centers, Trinity Health, Right at Home, LLC, FC Compassus LLC, Home Instead, Inc., Interim HealthCare Inc., Living Assistance Services, BAYADA Home Health Care, and others.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Elderly Care Market Landscape
Part 04: Global Elderly Care Market Sizing
Part 05: Global Elderly Care Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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