+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Care Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
Care Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
New

Care Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F

  • PDF Icon

    Report

  • 187 Pages
  • March 2025
  • Region: Global
  • TechSci Research
  • ID: 5908259
Free Webex Call
10% Free customization
Description Jump to:
Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

 10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
Global Care Services Market was valued at USD 24.32 billion in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 5.41% through 2030. The global care services market has witnessed significant growth and transformation in recent years. As populations age, healthcare needs evolve, and the demand for various care services continues to rise, this industry has become a vital component of our modern healthcare ecosystem. From elderly care to childcare, and from disability support to home healthcare, the care services market plays a pivotal role in ensuring the well-being of individuals across the globe.

With aging populations in many developed countries, elderly care services have witnessed significant growth. This includes assisted living facilities, nursing homes, home healthcare, and palliative care. Childcare services, including daycare centres, after-school programs, and in-home nannies, cater to the needs of working parents and families. Care services for individuals with disabilities are essential for ensuring their inclusion and quality of life. These services may include rehabilitation, therapy, and personal care assistance. Mental health care services have gained prominence as awareness about mental health issues grows. This includes counselling, therapy, and psychiatric services.

Several factors are driving the growth of the global care services market. The aging population in many countries has led to an increased demand for elderly care services. This trend is expected to continue as life expectancies rise.

Key Market Drivers

Increasing Chronic Health Conditions is Driving the Global Care Services Market

In recent years, the global healthcare landscape has been undergoing a significant transformation, primarily due to the increasing prevalence of chronic health conditions. These long-term illnesses, such as diabetes, heart disease, and respiratory disorders, are becoming more common worldwide. As a result, the demand for care services has surged, leading to the expansion of the global care services market. Chronic health conditions have reached epidemic proportions in many parts of the world. According to the World Health Organization (WHO), chronic diseases are responsible for approximately 71% of global deaths.

These conditions are not only a major contributor to mortality but also a significant driver of disability, diminished quality of life, and soaring healthcare costs. For instance, the International Agency for Research on Cancer (IARC) projects that by 2040, the global cancer burden will rise to 27.5 million new cases and 16.3 million cancer-related deaths, largely due to population growth and aging. An August 2022 article in the Radiation journal featured research by a Kindai University scientist in Japan exploring the optimal use of Radium-223 therapy for Metastatic Castration-Resistant Prostate Cancer. The study indicated that early administration of Ra-223 significantly improved overall survival (OS), highlighting potential advantages of using Ra-223 before novel hormonal or anticancer treatments.

Key Market Challenges

Workforce Shortages

One of the most pressing challenges in the care services market is the shortage of skilled and dedicated caregivers. As the demand for care services increases, recruiting and retaining qualified professionals becomes increasingly difficult. This shortage is exacerbated by the physically and emotionally demanding nature of care work, often leading to burnout among caregivers.

Government and industry partnerships can focus on offering incentives, such as training subsidies and competitive wages, to attract and retain talent. The development of technology-assisted caregiving tools can help ease the workload of caregivers and reduce burnout.

Key Market Trends

Technological Advancements

The global care services market is undergoing a transformation, thanks to rapid technological advancements that are reshaping the way we approach healthcare and support services. As societies age and healthcare needs continue to evolve, technology is playing a pivotal role in enhancing the quality and accessibility of care services worldwide. The Government of India actively promotes senior care services through various initiatives. In February 2024, NITI Aayog published Senior Care Reforms in India - Reimagining the Senior Care Paradigm, highlighting key programs. The Ministry of Social Justice and Empowerment has launched several schemes, including Atal Vayo Abhyudaya Yojana (AVYAY), the Integrated Program for Senior Citizens (IPSrC), the State Action Plan for Senior Citizens (SAPSrC), Seniorcare Ageing Growth Engine (SAGE) to promote the silver economy, Rashtriya Vayoshri Yojana (RVY), and the Scheme for Awareness Generation and Capacity Building for Senior Welfare, among others.

One of the most notable technological advancements in the care services industry is the proliferation of telehealth and remote monitoring solutions. Telehealth enables healthcare providers to deliver medical services and consultations remotely, eliminating geographical barriers. Patients can now receive timely medical advice, diagnoses, and even treatment plans from the comfort of their homes, reducing the need for in-person visits and minimizing the risk of exposure to contagious diseases. Remote monitoring devices, such as wearable health trackers and smart home healthcare systems, allow healthcare professionals to collect real-time data about a patient's health. These devices enable early detection of health issues, improve medication adherence, and provide a more comprehensive understanding of patients' conditions, leading to better-informed care decisions.

Key Market Players

  • Econ Healthcare Group
  • GoldenCare Group Private Limited
  • ApnaCare Latin America Private Limited
  • Benesse Style Care Co., Ltd
  • Carewell-Service Co.
  • NTUC Health Co-Operative Ltd.
  • Pacific Healthcare Nursing Home
  • GGNSC Holdings
  • St Luke's ElderCare Ltd
  • Genesis HealthCare Corp.

Report Scope:

In this report, the Global Care Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Care Services Market, By Service:

  • Assisted Living Facility
  • Home-Based Primary Care or House Calls
  • Hospice & Palliative Care
  • Post-Acute Care
  • Remote Patient Monitoring
  • Skilled Nursing Facility

Care Services Market, By Service Provider:

  • Private
  • Public

Care Services Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Care Services Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.

Table of Contents

1. Service Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validations
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Care Services Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Service ( Assisted Living Facility, Home-Based Primary Care or House Calls, Hospice & Palliative Care, Post-Acute Care, Remote Patient Monitoring, Skilled Nursing Facility)
5.2.2. By Service Provider (Private, Public)
5.2.3. By Region
5.2.4. By Company (Shares of Top 5 Market Players)
5.3. Market Map
5.3.1. By Service
5.3.2. By Service Provider
5.3.3. By Region
6. North America Care Services Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Service
6.2.2. By Service Provider
6.2.3. By Country
6.2.3.1. United States Care Services Market Outlook
6.2.3.1.1. Market Size & Forecast
6.2.3.1.1.1. By Value
6.2.3.1.2. Market Share & Forecast
6.2.3.1.2.1. By Service
6.2.3.1.2.2. By Service Provide
6.2.3.2. Canada Care Services Market Outlook
6.2.3.2.1. Market Size & Forecast
6.2.3.2.1.1. By Value
6.2.3.2.2. Market Share & Forecast
6.2.3.2.2.1. By Service
6.2.3.2.2.2. By Service Provider
6.2.3.3. Mexico Care Services Market Outlook
6.2.3.3.1. Market Size & Forecast
6.2.3.3.1.1. By Value
6.2.3.3.2. Market Share & Forecast
6.2.3.3.2.1. By Service
6.2.3.3.2.2. By Service Provider
7. Europe Care Services Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Service
7.2.2. By Service Provider
7.2.3. By Country
7.2.3.1. France Care Services Market Outlook
7.2.3.1.1. Market Size & Forecast
7.2.3.1.1.1. By Value
7.2.3.1.2. Market Share & Forecast
7.2.3.1.2.1. By Service
7.2.3.1.2.2. By Service Provider
7.2.3.2. Germany Care Services Market Outlook
7.2.3.2.1. Market Size & Forecast
7.2.3.2.1.1. By Value
7.2.3.2.2. Market Share & Forecast
7.2.3.2.2.1. By Service
7.2.3.2.2.2. By Service Provider
7.2.3.3. United Kingdom Care Services Market Outlook
7.2.3.3.1. Market Size & Forecast
7.2.3.3.1.1. By Value
7.2.3.3.2. Market Share & Forecast
7.2.3.3.2.1. By Service
7.2.3.3.2.2. By Service Provider
7.2.3.4. Italy Care Services Market Outlook
7.2.3.4.1. Market Size & Forecast
7.2.3.4.1.1. By Value
7.2.3.4.2. Market Share & Forecast
7.2.3.4.2.1. By Service
7.2.3.4.2.2. By Service Provider
7.2.3.5. Spain Care Services Market Outlook
7.2.3.5.1. Market Size & Forecast
7.2.3.5.1.1. By Value
7.2.3.5.2. Market Share & Forecast
7.2.3.5.2.1. By Service
7.2.3.5.2.2. By Service Provider
8. Asia Pacific Care Services Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Service
8.2.2. By Service Provider
8.2.3. By Country
8.2.3.1. China Care Services Market Outlook
8.2.3.1.1. Market Size & Forecast
8.2.3.1.1.1. By Value
8.2.3.1.2. Market Share & Forecast
8.2.3.1.2.1. By Service
8.2.3.1.2.2. By Service Provider
8.2.3.2. India Care Services Market Outlook
8.2.3.2.1. Market Size & Forecast
8.2.3.2.1.1. By Value
8.2.3.2.2. Market Share & Forecast
8.2.3.2.2.1. By Service
8.2.3.2.2.2. By Service Provider
8.2.3.3. South Korea Care Services Market Outlook
8.2.3.3.1. Market Size & Forecast
8.2.3.3.1.1. By Value
8.2.3.3.2. Market Share & Forecast
8.2.3.3.2.1. By Service
8.2.3.3.2.2. By Service Provider
8.2.3.4. Japan Care Services Market Outlook
8.2.3.4.1. Market Size & Forecast
8.2.3.4.1.1. By Value
8.2.3.4.2. Market Share & Forecast
8.2.3.4.2.1. By Service
8.2.3.4.2.2. By Service Provider
8.2.3.5. Australia Care Services Market Outlook
8.2.3.5.1. Market Size & Forecast
8.2.3.5.1.1. By Value
8.2.3.5.2. Market Share & Forecast
8.2.3.5.2.1. By Service
8.2.3.5.2.2. By Service Provider
9. South America Care Services Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Service
9.2.2. By Service Provider
9.2.3. By Country
9.2.3.1. Brazil Care Services Market Outlook
9.2.3.1.1. Market Size & Forecast
9.2.3.1.1.1. By Value
9.2.3.1.2. Market Share & Forecast
9.2.3.1.2.1. By Service
9.2.3.1.2.2. By Service Provider
9.2.3.2. Argentina Care Services Market Outlook
9.2.3.2.1. Market Size & Forecast
9.2.3.2.1.1. By Value
9.2.3.2.2. Market Share & Forecast
9.2.3.2.2.1. By Service
9.2.3.2.2.2. By Service Provider
9.2.3.3. Colombia Care Services Market Outlook
9.2.3.3.1. Market Size & Forecast
9.2.3.3.1.1. By Value
9.2.3.3.2. Market Share & Forecast
9.2.3.3.2.1. By Service
9.2.3.3.2.2. By Service Provider
10. Middle East & Africa Care Services Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Service
10.2.2. By Service Provider
10.2.3. By Country
10.2.3.1. South Africa Care Services Market Outlook
10.2.3.1.1. Market Size & Forecast
10.2.3.1.1.1. By Value
10.2.3.1.2. Market Share & Forecast
10.2.3.1.2.1. By Service
10.2.3.1.2.2. By Service Provider
10.2.3.2. Saudi Arabia Care Services Market Outlook
10.2.3.2.1. Market Size & Forecast
10.2.3.2.1.1. By Value
10.2.3.2.2. Market Share & Forecast
10.2.3.2.2.1. By Service
10.2.3.2.2.2. By Service Provider
10.2.3.3. UAE Care Services Market Outlook
10.2.3.3.1. Market Size & Forecast
10.2.3.3.1.1. By Value
10.2.3.3.2. Market Share & Forecast
10.2.3.3.2.1. By Service
10.2.3.3.2.2. By Service Provider
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Development
12.2. Mergers & Acquisitions
12.3. Technology Launches
13. Competitive Landscape
13.1. Econ Healthcare Group
13.1.1. Business Overview
13.1.2. Service Provider Offerings
13.1.3. Recent Developments
13.1.4. Key Personnel
13.1.5. SWOT Analysis
13.2. GoldenCare Group Private Limited
13.3. ApnaCare Latin America Private Limited
13.4. Benesse Style Care Co., Ltd
13.5. Carewell-Service Co.
13.6. NTUC Health Co-Operative Ltd.
13.7. Pacific Healthcare Nursing Home
13.8. GGNSC Holdings
13.9. St Luke's ElderCare Ltd
13.10. Genesis HealthCare Corp.
14. Strategic Recommendations15. About the Publisher & Disclaimer

Companies Mentioned

  • Econ Healthcare Group
  • GoldenCare Group Private Limited
  • ApnaCare Latin America Private Limited
  • Benesse Style Care Co., Ltd
  • Carewell-Service Co.
  • NTUC Health Co-Operative Ltd.
  • Pacific Healthcare Nursing Home
  • GGNSC Holdings
  • St Luke's ElderCare Ltd
  • Genesis HealthCare Corp.

Table Information

Report AttributeDetails
No. of Pages187
PublishedMarch 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 24.32 Billion
Forecasted Market Value ( USD ) by 2030 $ 33.09 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned10

Related Topics

Related Reports

Elderly Care Services Market Report 2025 - Product Image

Elderly Care Services Market Report 2025

  • Report
  • 200 Pages
  • Global
From
Care Services Market Report 2025 - Product Image

Care Services Market Report 2025

  • Report
  • 200 Pages
  • Global
From
Elder Care Services - Global Strategic Business Report - Product Image

Elder Care Services - Global Strategic Business Report

  • Report
  • 231 Pages
  • Global
From
Geriatric Care Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F - Product Image

Geriatric Care Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F

  • Report
  • 186 Pages
  • Global
From
Nursing Care / Services - Global Strategic Business Report - Product Image

Nursing Care / Services - Global Strategic Business Report

  • Report
  • 282 Pages
  • Global
From
Copyright © 2002-2025 Research and Markets. All Rights Reserved.