Assisted Living (AL) Market – Trends Forecast Till 2030

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Assisted Living (AL) Market Trends, Size, Share,
Demands, Overview, Growth, Revenue and Forecast
to 2030
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Assisted Living (AL) Market, by Service Type
(Nursing Care, Respite Care, Home Healthcare,
Others), By Establishment Type (Public, Private),
By Age (65-74 years, 75-84 years, Less than 65
years, and More than 85 years), and region (North
America, Europe, Asia-Pacific, Middle East and
Africa and South America).

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iving-al-market
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Market Overview
Assisted living is a type of long-term care
option designed for individuals who need some
help with activities of daily living (ADLs) but
want to maintain as much independence as
possible. It bridges the gap between independent
living and skilled nursing care, providing a
level of support and assistance tailored to each
resident's specific needs. Rapidly aging
population, with a growing number of seniors
seeking personalized care and support services,
creating a sustained demand for assisted living
facilities are driving the growth of the Assisted
Living (AL) market. Additionally, advancements in
healthcare technology are enhancing the quality
of care, promoting safety, and increasing the
attractiveness of assisted living options.
Furthermore, changing family dynamics and the
increasing participation of women in the
workforce are driving the need for professional
senior care services, further fueling the growth
of this market. Purchase this Report
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l-market
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Key Findings
The Assisted Living (AL) Market is segmented into
various segments such as service type,
establishment type, age, and region Based on
service type, the assisted living market can be
segmented into nursing care, respite care, Home
Healthcare, and others. Nursing Care dominated
the market in this segment. This may be a result
of the increased incidence of chronic illnesses
like Diabetes and cardiovascular conditions as
well as the demand for skilled nursing
care.  Based on establishment type, the assisted
living market can be segmented into public,
private. The private segment dominated the market
in this segment. This may be a result of both the
expanding demand for high-quality assisted living
facilities and the move toward personalised
care.  Based on age, the market is segmented
into 65-74 years, 75-84 years, Less than 65
years, and More than 85 years. The 75-84 years
age group dominated the market in this segment.
This is because people in this age group are more
likely to need assistance with activities of
daily living, such as dressing, bathing and
eating.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• Honeywell International, Inc.
• Koninklijke Philips N.V.
• Legrand SA
• Merrill Gardens LLC
• Senior Lifestyle Corp.
• Sunrise Senior Living
• Televic N.V.
• The Ensign Group
• Tunstall Healthcare Ltd.
• Tyco Security Products

• ABB Group
• Assisted Living Technologies, Inc.
• Atria Senior Living, Inc.
• Brookdale Senior Living, Inc.
• CareOne LLC
• Chubb Fire Security Ltd.( APi Group )
• Doro AB
• Erickson Senior Living Management, LLC
• ExtendiCare, Inc.
• Golden Living

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Recent Developments
In October 2023, The Pearl Senior Living in
Lewisville, formerly known as Inspired Living
Lewisville, has been acquired by SilverPoint
Senior Living, a renowned leader in senior living
management, as part of an exciting new
partnership with Phorcys Capital Partners. The
cooperation between SilverPoint Senior Living and
Phorcys Capital Partners will bring forth new
renovations and enhancements that residents,
family, and the Lewisville community can
anticipate. The finest standards of elder care
and living will continue to be given top
attention at The Pearl elder Living thanks to our
partnership.  In October 2023, A standalone
version of FusionOS, the sole enterprise
operating system designed specifically for senior
living communities, was released today by
K4Connect, the industry's top provider of
business solutions. By merging diverse
technologies and siloed data, this new platform
makes it possible to effectively use technology
investments, vastly enhancing technology and data
management.
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Contact Information
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India. The company holds expertise in providing
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globally. Contact Us 44-20-3290-6466 1
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