Global Geriatric Care Services Market

May 2020| VMR2052A| Verified Market Research

Report Highlights

Geriatric Care Services Market Size And Forecast

According to Verified Market Research, Global Geriatric Care Services Market was valued at USD 902.29 Million in 2018 and is projected to reach USD 1,658.37 Million by 2026, growing at a CAGR of 7.91% from 2019 to 2026.

Global Geriatric Care Services Market Outlook

A few of the major factors contributing to the growth of the market are the growing base of an elderly population with rising incidents of chronic diseases, an extensive range of geriatric care centers and growing demand for these services. according to World Population Prospects in 2017, global population aged 60 years is anticipated to reach around 2.1 billion by 2050. Moreover, this demographic group is highly susceptible to chronic diseases, such as cardiac disorders, respiratory disorders, arthritis and diabetes which require constant monitoring, propelling the market for geriatric care services over the forecast period. However, associated high costs may affect the market in developing economies, hence hampering the overall geriatric care services market during the forecast period. 

Global Geriatric Care Services Market Competitive Landscape 

The Global Geriatric Care Services Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as LivHOME, Brookdale Senior Living Solutions, Home Instead Senior Care, Extendicare, Portea Medical, Kindred Healthcare Inc., Revera Inc., Senior Care Centers, Amedisys, Genesis HealthCare.

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