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Senior In-Home Care Services Market Growth and Forecast 2017 2027
 
Release Date: 12/6/2017
 

Rapidly aging population and desire for living independent aging are primary factors driving growth of senior in-home care services market. Average age of the population has risen in last decade and elder people are typically willing to stay at home and maintain existing lifestyle. According to The Home Care Assistance&ndashone of the providers of senior in-home care services in the U.S. &ndash there will be over 1 Mn centenarians in North America by 2015. Moreover, in-home care services are also getting reimbursement which is expected to enhance the adoption of senior in-home care services in near-term. Government of many countries are also encouraging people to take in-home care services to minimize healthcare spending. On top of that, rising prevalence of Alzheimer&rsquos disease, Parkinson&rsquos disease and other chronic diseases such as cancer is expected to drive the global market for senior in-home care services over the forecast period of 2017&ndash2027. However, in developing and underdeveloped countries, in-home care is costlier that the facility care and thus people are not ready to adopt senior in-home care services, which is the major challenge to growth of the global market.


Senior In-Home Care Services Market: Segmentation


Tentatively, global senior in-home care services market has been segmented on the basis of service type, and geography


Based on service type, global senior in-home care services market is segmented as below:



  • Wellness and Medical Services

  • Companionship Care and Homemaking Services

  • Nursing Care Services

  • Alzheimer&rsquos and Dementia Care Services

  • Hospice Care and Rehabilitation Services

  • Physical and Occupational Therapy Services

  • Others


  • Senior In-Home Care Services Market: Overview


     
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