Summary - A new market study, titled “Global Elderly Care Service Market Research Report 2020”has been featured on WiseGuy Reports.

Global Elderly Care Service Market was valued at US$ 1,000.7 million in 2018 and is anticipated to reach US$ 1,744.6 million by 2025 displaying a reasonable CAGR of 8.31% over the forecast period (2019-2025). Elderly Care services include senior care services including housekeeping, homemaker service, physical therapy, occupational therapy, nursing services among others. The market of Elderly Care Service is anticipated to grow enormously owing to the factors including growing aging population, paired with associated age-related diseases, increasing demand for residential care facilities among others. Moreover, increasing life expectancy due to rising awareness and better medical facilities would further boost the market for elderly care services. More the number of old age population higher will be the adoption of home and nursing care services at home or assisted homes for old age people. Rise in the number of applications based on Tele-awareness and adoption of carebots due to the lack of skilled labor would further boom the industry and will mark as a trend. However, workforce shortage and poor medical insurance coverage will act as the major challenges for the growth of the global elderly care service market, but at a low impact.
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Reasons to buy (The research report presents):
• Current and future market size from 2018 to 2025 in terms of value (US$)
• Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Country-level details of the overall adoption of Elderly Care Service market and several case studies of the elderly who have adopted elderly care services
• A quick review of overall industry performance at a glance
• In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start-ups
• The study comprehensively covers the market across different segments and sub-segments of the technology
• Regions/countries Covered: North America (the US, Rest of NA), Europe (UK, Germany, France, Italy, Spain, Rest of Euro), Asia-Pacific (China, India, South Korea, Japan, Australia and Rest of APAC), and Rest of World
Customization Options:
UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Elderly Care Service Market can be customized to the country level or any other market segment.
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