The global market for elder care services and assistive devices is expected to grow from $868.2 billion in 2024 and is projected to reach $1.1 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Report Scope
This report explains critical trends in the elder care services and assistive devices market. The market analysis covers factors that serve as either motivating or inhibiting forces, offering valuable insights to stakeholders and potential new entrants. This study looks at research and development (R&D) spending, increasing competition and new technologies that are giving direction to the market. These advancements, new product launches and government programs will influence future market growth. The report also addresses company mergers, acquisition strategies and collaborations. Furthermore, it examines the strengths and weaknesses associated with each strategy type, considering emerging technologies, increased competition and evolving customer preferences. The market analysis focuses on elder care services and assistive devices.Report Includes
- 26 data tables and 26 additional tables
- An analysis of the global markets for elder care services and assistive medical devices
- Analyses of the global market trends, with market revenue data for 2022, estimates for 2023, forecasts for 2024, and projected CAGRs through 2029
- Estimate of the current market size and revenue growth prospects, along with a market share analysis by device type, service type, end user, and region
- Facts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies, regulations and the impact of various macroeconomic factors
- Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies’ ESG score rankings and their ESG practices
- An analysis of recent patents
- A look at the competitive landscape, including companies’ market shares, M&A activity and venture funding
- Profiles of the leading companies, including Brookdale Senior Living Inc., Sunrise Medical, Invacare Corp., Lifeline (a Philips company), and Atria Senior Living Inc.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Market Overview
Chapter 3 Market Dynamics
Chapter 4 Regulatory Landscape
Chapter 5 Emerging Technologies and Developments
Chapter 6 Market Segmentation Analysis
Chapter 7 Competitive Intelligence
Chapter 8 Sustainability in Elder Care Services and Assistive Devices: An ESG Perspective
Chapter 9 Appendix
List of Tables
List of Figures
Companies Mentioned
- Atria Senior Living Inc.
- Brookdale Senior Living Inc.
- Five Star Senior Living
- Invacare Corp.
- Life Care Centers Of America
- Lifeline
- Pride Mobility Products Corp.
- Sunrise Medical
- Sunrise Senior Living