A Crystal Market Research Declared the Latest Addition “Geriatric Care Service Market” Report Which Includes Detailed Study of Industry Insights and Important Projections For The Market. This Report Constitutes A Deep Estimation Of Global Market Including Accepted Technologies, Trending Market Values And Future Market Condition. Request to access sample report here: www.crystalmarketresearch.com/report-sample/HC11316 Competitive Insights ome important examples are the merger between Kindred Healthcare, Inc. and Gentiva Health Services, Inc., Genesis Healthcare and Skilled Healthcare Group, Inc., Brookdale Senior Living’s and Emeritus Corporation, and Senior Care Center of America and The Adult Day Health Services Center of Family Matters, LLC. Industry Trend Analysis The global Geriatric Care Service Market was evaluated around USD 560 billion in the 2012 and is expected to reach approximately USD 943.96 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 5.36% over the forecast period. The United States population is aging at a rapid pace. Based on the data released in 2014 by the United Nations, it has been anticipated that by 2022, around 35% population would be more than the age of 60 years. The existence of a variety of long-term care services suppliers along with encouraging reimbursement schemes are few factors anticipated to fuel the expansion of the geriatric care services industry. Moreover, escalating older population who are inclined towards different medical conditions like orthopedic, neurological, respiratory & cardiovascular disorders along with rising technological innovations like the progress of specialty robots are skilled of supporting aged in executing everyday operations are anticipated to fuel the growth of geriatric care services industry. Regional Outlook In 2014, North America regional market dominated the global market concerning revenue share, at around 40%. Major factors assigning to its huge share involve the stable improvement of reimbursement schemes along with the existence of an extensive range of long-term care centers all over the United States and Europe owing to the existence of a huge geriatric population, particularly in the Western areas is anticipated to trail North America region during the projected period. Though, Asia Pacific regional market is expected to be the highest growing one during the forecast years. Altering family structure in various nations particularly China is likely to amplify the requirement for external care supplier, thus, fueling the growth of the market. Furthermore, rising aged population with enduring medical conditions, increasing disposable earnings and growing awareness about these medical facilities are some factors assigning to the rapid growth of the region. Market Segmentation- Geriatric Care Service Market Geriatric Care Services Market, By Product, Estimates and Forecast, 2012-2022 ($Million) Home Care Services Health Care Medical Care Physiotherapy Services Telehealth Palliative Care Hospice Care Non-Medical Home Care Personal Care Home Making Meals And Grocery Rehabilitation Other Non-Medical Home Cares
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