Elderly Care Market Size, Trends, Opportunities, Demand, Growth Analysis and Forecast By 2029

Recent study report released by Data Bridge Market research titled “Global Elderly Care Market” (covering USA, Europe, China, Japan, India, South East Asia, etc) highlights opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. This research report presents key insights on the Global Elderly Care Market along with the latest and updated industry details. According to the latest research, the Elderly Care Market encompasses a variety of issues and tasks in the global market.

This research report offers a comprehensive selection of financial products, product prospects, and development rates during the forecast period. In short, the study provides a general overview of the Elderly Care market based on its current situation and market size in terms of volume and return. The regional study of the global Elderly Care Market included in the report helps readers to gain a deep understanding of how various geographic markets have been developing over the past few years.

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Elderly care is referred to as senior care, which includes meeting all the requirements of senior citizens at different stages. It includes products and services that make the daily activities of aged people simple and easy. The need for elderly care increases with the growing age as aged people require physical as well as emotional assistance to lead a productive, healthy, and independent life. Eldercare services include assisted living, adult day care, long-term care, short-term care, hospice, and home care.

In developed nations, elderly care services are in high demand, and with growing medical science technology, the developing nations are also opting for these services. Elderly care services are divided into medical and non-medical services. After surgeries or any injuries, the services offered to the elders are mainly medical, while emotional problems or neurodegenerative disease include both medical and non-medical services.

The global elderly care market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.0% in the forecast period of 2022 to 2029 and is expected to reach USD 2,357,746.52 million by 2029.

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Some of the major players operating in the elderly care market are LHC Group, Inc., Encompass Health Corporation, EXTENDICARE, Amedisys, Koninklijke Philips N.V., Medtronic, ORPEA GROUPE, Exceptional Living Centers, Trinity Health, Right at Home, LLC,     FC Compassus LLC, Home Instead, Inc., Interim HealthCare Inc., Living Assistance Services, BAYADA Home Health Care, and others.

Recent Development

• In June 2021, according to TechCrunch, Webrock Ventures and Helathforce partnered to launch telehealth products in South Africa. The new venture has not been given a name yet, and the main focus is to offer on-demand and scheduled consultations to patients with nurses, mental health professionals, and practitioners. The venture has closed a USD 3 million pre-Series A round
• In April 2021, according to TechCrunch, Quro Medical, a health tech startup in South Africa that offers home services to manage ill patients in their homes to provide them the utmost comfort as well as to reduce the risk of infection, had closed a USD 1.1 million round investment. The round was led by Enza Capital and Mohau Equity Partners. The company aims to provide acute patient care at home to improve the patient experience

Key Coverage in the Elderly Care Market Report:

• Detailed analysis of Elderly Care Market by a thorough assessment of the technology, product type, application, and other key segments of the report
• Qualitative and quantitative analysis of the market along with calculation for the forecast period
• Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
• Comprehensive analysis of the regions of the Elderly Care industry and their futuristic growth outlook
• Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Elderly Care Market Landscape

Part 04: Global Elderly Care Market Sizing

Part 05: Global Elderly Care Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

For More Insights Get Detailed TOC @

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Reasons to Buy:

• Review the scope of the Elderly Care Market with recent trends and SWOT analysis.
• Outline of market dynamics coupled with market growth effects in coming years.
• Elderly Care Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
• Regional and country level analysis combining Elderly Care Market and supply forces that are affecting the growth of the market.
• Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
• and strategies adopted by the players in the last five years.

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