Senior In Home Care Services Market

Senior In-Home Care Services Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

  • Ongoing
  • June 2020
  • REP-GB-5525
Senior In Home Care Services Market

  • US$5,000
  • US$7,500
  • US$10,000

This Senior In Home Care Services market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Senior In Home Care Services market.

The senior in-home care services industry is benefiting from a growing number of aging baby boomers. People now-a days have longer life expectancy due to the advancements in medicine and technology, and thus increasing number of seniors are looking to age in their homes and maintain independence for as long as possible. Senior in-home care service providers deliver customized solutions according to patient’s budget and needs. Senior in-home care services are provided by licensed healthcare professionals or caregivers and may provide daily assistance to make sure that activities of daily living are met. Senior in-home care is an alternative to facility care for senior patients who are terminally ill, are recovering from major surgeries or need support for safety at home to prevent unnecessary hospitalization etc. Number of qualified caregivers are increasing over time which is expected to push the adoption of senior in-home care services market over the forecast period of 2017–2027. The Popularity of in-home health services in the U.S. has increased since in 1995 when more people died of chronic diseases than of acute diseases. Ever increasing need for home-care due to prevalence of chronic diseases itself shows the importance of senior in-home care services.

Senior In-Home Care Services Market: Drivers and Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

COVID -19 : Impact Analysis

Request the coronavirus impact analysis across industries and markets

Request Covid -19 Impact
Rapidly aging population and desire for living independent aging are primary factors driving growth of senior in-home care services market. Average age of the population has risen in last decade and elder people are typically willing to stay at home and maintain existing lifestyle. According to The Home Care Assistance–one of the providers of senior in-home care services in the U.S. – there will be over 1 Mn centenarians in North America by 2015. Moreover, in-home care services are also getting reimbursement which is expected to enhance the adoption of senior in-home care services in near-term. Government of many countries are also encouraging people to take in-home care services to minimize healthcare spending. On top of that, rising prevalence of Alzheimer’s disease, Parkinson’s disease and other chronic diseases such as cancer is expected to drive the global market for senior in-home care services over the forecast period of 2017–2027. However, in developing and underdeveloped countries, in-home care is costlier that the facility care and thus people are not ready to adopt senior in-home care services, which is the major challenge to growth of the global market.

Senior In-Home Care Services Market: Segmentation

Tentatively, global senior in-home care services market has been segmented on the basis of service type, and geography

Senior In-Home Care Services Market: Overview

The market for senior in-home care services is highly fragmented with no single dominant player in the world as majority of players are operation in particular region or country only. In-home care services are also known as companion aides, personal care aides, certified home health aides or nursing aides. In-home care services to seniors also enrich their lives with physical, metal, social and emotional activities.

Senior In-Home Care Services Market: Regional Outlook

Geographically, global senior in-home care services market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America clearly dominates the global senior in-home care services market due to high rate of reimbursement for medical as well as non-medical services. Europe is expected to be the second largest market due to rising number aging of baby boomers requiring care at home. Asia Pacific senior in-home care services market is still in initial phase of development and expected to witness fastest growth in the nearest future due to acceptance for personal dignity of the elder loved ones by the families

Senior In-Home Care Services Market: Key Players

Some of the players identified in global senior in-home care services market include Sunny Days In-Home Care, Inc., Right at Home, LLC., Comfort Keepers Inc., Home Instead Inc. Home Helpers Home Care Services, SYNERGY HomeCare, Home Care Assistance etc. among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

Let FMI Help You!

  • Gain Insights on Key Senior In Home Care Services Market Impacting Forces
  • Know the Winning Strategies of Market Leaders
  • Get Deep-Dive Analysis on Each Segment
  • Identify the Sources that will Drive Top-Line Revenue

Based on service type, global senior in-home care services market is segmented as below:

  • Wellness and Medical Services
  • Companionship Care and Homemaking Services
  • Nursing Care Services
  • Alzheimer’s and Dementia Care Services
  • Hospice Care and Rehabilitation Services
  • Physical and Occupational Therapy Services
  • Others

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.
Frequently Asked Questions

Why choose FMI?
  • With a global presence and a trusted partner to several Fortune 500 firms, FMI covers 1 billion+ data points to build a diversified portfolio for market benchmarking
  • Market Reports researched and peer reviewed by industry experts from across the globe
  • We follow a multi-dimensional method of analysis monitoring a three-layer data validation process
  • In addition to demand-side market assessment, our data triangulation methodology involves supply-side research
  • Primary research includes mandatory field interviews with stakeholders involved
  • Customizing reports according to client specification is also our forte
  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
  • An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Senior In Home Care Services Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Senior In Home Care Services Market
  • What will be environment and regulatory impacts on the market over the next decade
  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
  • Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
  • Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
Get in touch
Harish Tiwari

Harish Tiwari

Global Head - Business Development

* indicates mandatory fields
Our Clients

Request Sample Request customization Request Methodology