Research Team projects that the Geriatric Care Services market size will grow from XX Million in 2017 to XX Million by 2023, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
As a result of changing demographics in the world, several countries are prominently becoming older societies. This along with the other factors such as industrialization and increasing proportion of women in labor force have led to shortage of informal caregivers consequently increasing the importance of formal caregivers for geriatrics in the society. The market formal care provided by private organizations is estimated as geriatric care services market in the present scope of research. Geriatric care services include a broad range of health, personal care and supportive services to meet the needs of elderly who possess limitations for self care due to injury, chronic illness, physical, mental and cognitive disability or other health related conditions. The services also include assistance with activities of daily living such as dressing, grooming, bathing, eating as well as daily instrumental activities such as house work and medication management. These services help people in maintaining or improving an optimal level of physical functioning and quality of life.
By Market Players:
Gentiva Health services, Kindred Healthcare, Senior Care Centers of America, Brookdale Senior Living Inc., GGNSC Holdings,LLC, Sunrise Senior Living, Home Instead Senior Care Inc., Genesis Healthcare Corp., Extendicare Inc.,
Home Care, Adult Day Care, Institutional Care
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