Home Care Services Market to witness USD 480 billion by 2024

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Geriatric Care Services Market By Services,
Industry Analysis Report, Regional Outlook,
Competitive Market Share Forecast, 2016 - 2024
Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Geriatric Care Services Market

• Global Geriatric Care Services Market is driven
  by growing emphasis on taking care of the elderly
  population, growing number of chronic diseases
  and increasing number of long term care services.
  
• In addition to this, rising adoption of urban
  lifestyles resulting into nuclear family trends
  is creating a need for care taking facilities and
  healthcare services for the ageing population.
• The geriatric care services provide services such
  as health care, personal care, aiding with daily
  activities, etc. to the elderly population
  diagnosed with chronic illness, cognitive
  disability, or other disorders.
• Home care is another lucrative sector anticipated
  to generate revenue exceeding USD 480 billion by
  2024.
• Home care is anticipated to register a CAGR of
  4.5 over the period of 2016-2024. The home care
  services segment is poised to witness a
  fast-paced growth, owing to favorable government
  reimbursement policies and increased awareness
  regarding treatment of chronic diseases.

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Continued

• North America is projected to remain in the
  leading position accounting for the largest share
  in the global geriatric care services industry.
• Advanced care facilities and favorable government
  policies in the U.S. has fairly attributed to the
  growth of geriatric care services industry.
• Asia Pacific is projected to be the rapidly
  growing region over the coming timeframe,
  exhibiting significant growth aspects in the
  geriatric care services industry. Asia Pacific
  geriatric care services market with growth
  looming from China is expected to be the most
  lucrative region generating heavy gains in the
  coming seven years.
• Asia Pacific geriatric care services market with
  growth looming from China is expected to be the
  most lucrative region generating heavy gains in
  the coming seven years.
• The industry players are likely to adopt key
  strategies such as industrial collaborations and
  merges acquisitions. Companies are extremely
  competitive in terms of services offered,
  quality, cost, and insurance coverage.

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UK Geriatric Care Services Market size, by
service type, 2012-2024 (USD Billion)

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