Market for services for the elderly and people with disabilities
The Business Research Company’s global market report has been updated with the latest market size information for 2023 and forecasts to 2032.
According to the Elderly and Disabled Services Market Report by The Business Research Company, shrinking household size coupled with rapid aging of the population is expected to boost the growth of the elderly and disabled services market. The decrease in household size is due to the decrease in the number of people living in a family.
Global Elderly and Disabled Services Market Size to Grow from $445.58 Billion in 2022 to $476.91 Billion in 2023, at a Compound Annual Growth Rate (CAGR) of 7.0% It is expected. The war between Russia and Ukraine has hampered any chances of the global economy recovering from the COVID-19 pandemic, at least in the short term. The war between the two countries has led to economic sanctions against multiple countries, soaring commodity prices, disrupted supply chains, and caused inflation across goods and services, affecting many markets around the world. The market size of global services for seniors and persons with disabilities is projected to grow to $605.54 billion by 2027 at a CAGR of 6.2%.
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Major competitors in the seniors and disabled services market include CK Franchising Inc., Right at Home Inc., Home instead Inc., Living Assistance Services, Brookdale Senior Living Inc., Senior Care Centers of America, BAYADA Home Health, etc. care.
Elderly and Disabled Services Market is segmented as below:
• By service type: institutional care, adult day care, home care
• By service provider: public spending, private spending, out-of-pocket spending
• By end-user: seniors, adults with disabilities
• By region: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the elderly and disabled services market.
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Elderly and Disabled Services refers to non-residential social assistance programs provided to improve the quality of life of the elderly, people with intellectual and developmental disabilities, and people with disabilities .
Following are the Table of Contents of Elderly and Disabled Services Market:
2. Characteristics of the market for services for the elderly and persons with disabilities
3. Market trends and strategies for services for the elderly and people with disabilities
4. Elderly and Disabled Services Market – Macroeconomic Scenario
5. Market size and growth of services for the elderly and people with disabilities
28. Major Mergers and Acquisitions in Elderly and Disabled Services Market
29.Future Prospects and Possibility Analysis of Service Market for the Elderly and Disabled
The Business Research Company’s Global Services for Seniors and Disabled Market Report 2023 is a comprehensive report covering all aspects of the market covering more than 60 regions and more than 2500 market segments. The regional and country breakdown section analyzes the market in each region and the market size by region and country. In addition, it assesses the historical and projected growth of the market and identifies key trends and strategies that companies can leverage for business expansion.
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