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Global Geriatric Care Services Market to grow at 5.0% CAGR from 2016 to 2024

Get more details @ http://bit.ly/2pMvqLt <br>Industries operating in the geriatric care services market includes Senior Care Centers of America, Kindred Healthcare, Brookdale Senior living, Extendicare and Genesis Healthcare. Mergers and acquisitions are the main strategy implemented by the industries.

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Global Geriatric Care Services Market to grow at 5.0% CAGR from 2016 to 2024

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  1. Home Care Services Market to witness USD 480 billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Geriatric Care Services Market : • Increasing healthcare expenditure, rising geriatric population and increasing life expectancy are the major factors driving the global geriatric care services market over the forecast period. • Increasing application of robotic technology in geriatric care services and growing demand for innovative solutions for effective geriatric care boost the industry growth. The adult day care services offer various advantages, which includes living at home and skilled nursing care. • Home care services represents the most attractive segment, with potential growth opportunities in the coming years. Owing to the rising institutional care expenses such as the costs associated with nursing homes and hospital. • U.S. geriatric care services market share led the industry with maximum revenue share in 2015. The major factors contributing to its major share include the with the existence of wide varieties of long-term care centers all over U.S.

  3. Continued... • According to the report from the U.S. Institute of Medicine (IOM), it was estimated that 55% of adult patients received recommended care to address severe incidents and treat chronic diseases. • China geriatric care services market is expected to grow at the fast rate. Owing to the rising geriatric population base with long-term therapeutic conditions, increasing disposable income and rising awareness levels regarding healthcare facilities. • Moreover, economic development in the countries such as India, South Korea, Malaysia and Brazil represent the large untapped markets for the geriatric care services over the forecast timeframe. Key industry participants are Genesis Healthcare, Brrokdale Senior Living, Senior Care Centers of America and Kindred Healthcare.

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

  5. Browse Full Market Research Report On Geriatric Care Services Market @ http://bit.ly/2pMvqLt Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/433https://www.gminsights.com/request-sample/detail/49

  6. 360° Analysis • Service Type Analysis • Home care and institutional care services led the geriatric care services market share in 2015, with the revenue share of over 40% and 35% respectively. Presence of favourable government reimbursements in the form of Medicaid, offered by countries as per the federal condition drives the institutional care facilities segment. • Regional Analysis • North America geriatric care services market share led the industry and expected to reach over USD 530 billion by 2024. The key aspects contributing to the growth of industry includes existence of advanced long-term care facilities and favorable reimbursement policies in the U.S. • Competitive Market Share • Industries operating in the geriatric care services market includes Senior Care Centers of America, Kindred Healthcare, Brookdale Senior living, Extendicare and Genesis Healthcare. Mergers and acquisitions are the main strategy implemented by the industries.

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