Geriatric care services market in 2013-2019: Transparency Market Research

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Transparency Market Research Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

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Geriatric Care Services Market Expected to Reach USD 850 Billion Globally in 2019

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Geriatric care Services Market

REPORT DESCRIPTION A New market report “Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” the global geriatric care services market was valued at USD 560.4 billion in 2012 and is expected to grow at a CAGR of 5.9 % from 2013 to 2019, to reach an estimated value of USD 850.0 billion by 2019. The rising population of baby boomers in the U.S. is a major factor driving the global geriatric care services market wherein a new study shows that the demand outstrips the supply of these services across the globe. There are service providers as small as a family forming a home care agency to few large companies with national and even international operations which implies that the market is underserved and is also highly fragmented. The developed nations have anticipated the situation and are putting efforts to reduce the imbalance by increasing private service providers in the sector. However, most countries in the Asia-Pacific are far away from the thought of private senior care sector and have a stigma associated with senior care being provided by people other than the family members, friends and relatives. The scenario of senior care in these countries is however changing with time and creating new space and opportunities for the market. Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatric-care-services-market.html The global geriatric care services market is analyzed by the type of services, and geography. On the basis of type of services, the market has been segmented into home care, adult day care and institutional care. The major geriatric population receives care from informal caregivers such as close family members which may include spouse, children, grandchildren, friends and relatives. The need for formal care arises when informal care is unavailable and is provided either in one or more forms of services mentioned earlier. The choice of these services depends on the need of care receiver senior adult and the ability to pay for these services. In 2012, the institutional care segment accounted for the largest market share in the global geriatrics market, followed by rapidly growing home care segment. Institutional care is the costliest among all the care services available but provides high level of care and has been the most developed and largest segment. However, high cost and the feeling of abandonment by family sensed by the elderly are limiting the growth of this segment. While speaking on this issue, Bunni Dybnis, an elder care industry veteran states the reason - “there are many people who would benefit from elderly care service, but a relatively few actually have paid or other non-related caregivers. Most are relying on family and other informal assistance. Cost, affordability, frugality, cultural traditions and resistance are all factors. Affordability is a major issue, but only one of many.” The restraints for institutional care settings are favoring the growth of other market segments.

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Geriatric Care Services Market

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The community care in the form of adult day care is also a growing segment which is supplementing the role of home care services by providing respite to the home care geriatric care workers. Tracey L. Wolfman, Adjunct Professor at Monmouth University, and a CEO of We Care Adult Care Inc., justifies the growth of Adult Day Care Services. In her opinion "Adult Day Care allows individuals to receive comprehensive quality care at half the price of home care, or one-fourth the cost of assisted living or nursing homes. A person can attend Adult Day Care during the day and return to their home at night�. Adult day care services offer several advantages such as living at home, skilled nursing care, enhanced quality of life, recreation, social interaction and respite to caregivers which contributes to the growth of the market. North America and Europe are expected to maintain their leading positions in the global geriatric care services market throughout the forecast period from 2013 to 2019. In developed nations such as the United States, Canada, Germany, France, the U.K., Italy and Spain, the market is witnessing high growth due to increasing number of aged people opting for geriatric care services. The chronic illness among elderly people, increased life expectancy, and the limitations in performing cognitive and functional activities (i.e. activities of daily living) are the evident reasons for the growth of geriatric care services market in developed nations. The rising pressure on hospitals to reduce stay of patients is contributing to the growth of the out of hospital care services. Many countries in these regions have presence of several large companies and independent service providers which fulfill the needs of geriatrics care.

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Geriatric care services market in these regions is trending towards consolidation while on the other hand the market in Asia-Pacific and Rest of the World regions is highly underdeveloped. Brookdale Senior Living, Inc., Extendicare, Inc., Genesis HealthCare Corp., Gentiva Health Services, Inc., GGNSC Holdings, Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Skilled Healthcare Group, Inc., and Sunrise Senior Living, Inc. are some of the major companies operating in the global geriatric care services market.

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Geriatric Care Services Market

TABLE OF CONTENT

Chapter 1 Introduction 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.3.1 Secondary Research 1.3.2 Primary Research 1.4 List of Abbreviations

Chapter 2 Executive Summary 2.1 Market Snapshot: Global Geriatric Care Services Market 2.2 Global Geriatric Care Services Market Revenue, 2012 (USD Billion) 2.2.1 Comparative Analysis: Global Geriatric Care Services Market, by Geography, 2012 & 2019 (Value %)

Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatric-care-services-market.html

Chapter 3 Market Overview 3.1 Introduction 3.2 Regulatory Environment

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Geriatric Care Services Market

3.3 Drivers 3.3.1 Rising Geriatric Population Driving Geriatric Care Services Market 3.3.2 Change in Family Structure Boosting Adoption of Geriatric Care Services 3.4 Restraints 3.4.1 Looming Shortage of Geriatric Care Workforce Hampers the Market Growth 3.4.2 High Out-Of-Pocket Spending Requirement Restrict Use of Private Senior Care Services 3.5 Opportunities 3.5.1 Adoption of Technological Advancements will Help Providers Extract Underserved Business 3.5.2 High Market Potential in Asia-Pacific, Particularly in China 3.6 Porter’s Five Force Analysis for the Global Geriatric Care Services Market 3.6.1 Bargaining Power of Suppliers 3.6.2 Bargaining Power of Buyers 3.6.3 Threat of New Entrants 3.6.4 Threat of New Substitutes 3.6.5 Competitive Rivalry 3.7 Market Attractiveness Analysis for the Global Geriatric Care Services Market, by Geography 3.8 Heat Map Analysis: Global Geriatric Care Services Market 3.8.1 Methodology 3.8.2 Analysis 3.8.3 Heat Map Analysis for the Global Geriatric Care Services Market, by Key Players, 2012

Chapter 4 Global Geriatric Care Services Market, by Types

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Geriatric Care Services Market

4.1 Introduction 4.1.1 Global Geriatric Care Services Market Revenue, by Type, 2011 - 2019 (USD Billion) 4.2 Comparative Analysis: Global Geriatric Care Services Market, by Type, 2012 & 2019 (Value %) 4.3 Home Care Services 4.3.1 Global Home Care Services Market Revenue, by Type, 2011 – 2019 (USD Billion) 4.3.2 Global Home Care Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.3 Home Health Care 4.3.3.1 Global Home Healthcare Services Market Revenue, by Type, 2011 – 2019 (USD Billion) 4.3.4 Global Home Healthcare Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.4.1 Medical Care 4.3.4.1.1 Global Medical Care Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.4.2 Physiotherapy Services 4.3.4.2.1 Global Physiotherapy Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.4.3 Home Telemedicine (Telehealth) 4.3.4.3.1 Global Telemedicine Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.4.4 Palliative Care 4.3.4.4.1 Global Palliative Care Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.4.5 Hospice Care 4.3.4.5.1 Global Hospice Care Services Market Revenue, 2011 – 2019 (USD Billion) 4.3.5 Non Medical Home Health Care 4.3.5.1 Global Non Medical Home Care Services Market Revenue, by Type, 2011 – 2019 (USD Billion)

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Geriatric Care Services Market

4.3.5.2 Personal Care 4.3.5.3 Home Making 4.3.5.4 Meals and Grocery 4.3.5.5 Rehabilitation 4.4 Adult Day Care Services (ADS) 4.4.1 Global Adult Day Care Services Market Revenue, by Type, 2011 – 2019 (USD Billion) 4.4.2 Medical Care 4.4.3 Non Medical Care 4.5 Institutional Care 4.5.1 Global Institutional Care Services, Market Revenue, by type, 2011 - 2019 (USD Billion) 4.5.2 Nursing Homes 4.5.2.1 Nursing Homes Market Revenue, 2011 – 2019 (USD Billion) 4.5.2.2 Palliative Care 4.5.2.3 Palliative Care Market Revenue, 2011 – 2019 (USD Billion) 4.5.2.4 Hospice Care 4.5.2.5 Hospice Care Market Revenue, 2011 – 2019 (USD Billion)

Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatriccare-services-market.html

4.5.3 Assisted Living Facilities

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Geriatric Care Services Market

4.5.3.1 Assisted Living Facilities Market Revenue, 2011 – 2019 (USD Billion) 4.5.4 Hospital Based Geriatric Care 4.5.4.1 Hospital Based Geriatric Care Market Revenue, 2011 – 2019 (USD Billion) 4.5.5 Independent Senior Living Communities 4.5.5.1 Independent Senior Living Communities Market Revenue, 2011 – 2019 (USD Billion)

Chapter 5 Global Geriatric Care Services Market, by Geography 5.1 Introduction 5.1.1 Global Geriatric Care Services, Market Revenue, by Geography, 2011 - 2019 (USD Billion) 5.2 North America 5.2.1 North America Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion) 5.2.2 United States 5.2.2.1 U.S. Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.2.3 Canada 5.2.3.1 Canada Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3 Europe 5.3.1 Europe Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion) 5.3.2 United Kingdom 5.3.2.1 U.K. Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3.3 France 5.3.3.1 France Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3.4 Spain

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Geriatric Care Services Market

5.3.4.1 Spain Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3.5 Italy 5.3.5.1 Italy Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3.6 Germany 5.3.6.1 Germany Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.3.7 Rest of Europe 5.3.7.1 Rest of Europe Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.4 Asia-Pacific 5.4.1 Asia-Pacific Geriatric Care Services, Market Revenue, by Country, 2011 - 2019 (USD Billion) 5.4.2 India 5.4.2.1 India Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.4.3 Japan 5.4.3.1 Japan Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.4.4 China 5.4.4.1 China Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.4.5 Australia 5.4.5.1 Australia Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.4.6 Rest of Asia-Pacific 5.4.6.1 Rest of Asia-Pacific Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.5 Rest of the World 5.5.1 Rest of the World Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.5.2 Latin America

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Geriatric Care Services Market

5.5.2.1 Latin America Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.5.3 Middle East 5.5.3.1 Middle East Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.5.4 Africa 5.5.4.1 Africa Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion) 5.5.5 Rest of Rest of the World (RoW) 5.5.5.1 Rest of RoW Geriatric Care Services Market Revenue, 2011 – 2019 (USD Billion)

Chapter 6 Recommendations 6.1 Mutually beneficial partnerships to have a competitive edge in highly fragmented elder care services market 6.2 Investing in the emerging economies such as China serves as an opportunity for developed nations such as the U.S. and the U.K.

Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatric-care-services-market.html

Chapter 7 Company Profiles 7.1 Amedisys, Inc. 7.1.1 Company Overview 7.1.2 Financial Overview 7.1.3 Product Portfolio

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Geriatric Care Services Market

7.1.4 Business Strategies 7.1.5 Recent Developments 7.2 Brookdale Senior Living, Inc. 7.2.1 Company Overview 7.2.2 Financial Overview 7.2.3 Product Portfolio 7.2.4 Business Strategies 7.2.5 Recent Developments 7.3 Extendicare Health Services, Inc. 7.3.1 Company Overview 7.3.2 Financial Overview 7.3.3 Product Portfolio 7.3.4 Business Strategies 7.3.5 Recent Developments 7.4 Genesis HealthCare LLC 7.4.1 Company Overview 7.4.2 Financial Overview 7.4.3 Product Portfolio 7.4.4 Business Strategies 7.4.5 Recent Developments 7.5 Gentiva Health Services Incorporated 7.5.1 Company Overview

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Geriatric Care Services Market

7.5.2 Financial Overview 7.5.3 Product Portfolio 7.5.4 Business Strategies 7.5.5 Recent Developments 7.6 GGNSC Holdings LLC 7.6.1 Company Overview 7.6.2 Financial Overview 7.6.3 Product Portfolio 7.6.4 Business Strategies 7.6.5 Recent Developments 7.7 Home Instead Senior Care Incorporated 7.7.1 Company Overview 7.7.2 Financial Overview 7.7.3 Product Portfolio 7.7.4 Business Strategies 7.7.5 Recent Developments 7.8 Kindred Healthcare Incorporated 7.8.1 Company Overview 7.8.2 Financial Overview 7.8.3 Product Portfolio 7.8.4 Business Strategies 7.8.5 Recent Developments

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Geriatric Care Services Market

Browse the full Geriatric Care Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/geriatriccare-services-market.html

7.9 Senior Care Centers of America 7.9.1 Company Overview 7.9.2 Financial Overview 7.9.3 Product Portfolio 7.9.4 Business Strategies 7.9.5 Recent Developments 7.10 Skilled Healthcare Group Incorporated 7.10.1 Company Overview 7.10.2 Financial Overview 7.10.3 Product Portfolio 7.10.4 Business Strategies 7.10.5 Recent Developments 7.11 Sunrise Senior Living, LLC 7.11.1 Company Overview 7.11.2 Financial Overview 7.11.3 Product Portfolio 7.11.4 Business Strategies

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Geriatric Care Services Market

7.11.5 Recent Development

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