Aged Care Residential Services in Australia - Market Research Report (2014-2029)

An age of change: Revenue is growing as the population ages and reforms take place

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

As Australia's population ages, the need for age-appropriate housing grows. Older individuals are more susceptible to a range of age-related ailments and need more assistance with everyday activities and personal care. The Aged Care Residential Services industry is growing as aged care requirements are changing, and operators now offer different lifestyle accommodation options.

Industry establishments operate long-term aged care accommodation facilities, including government-approved residential aged care centres and retirement villages. Many industry establishments provide residential aged care facilities that service the entire spectrum of dependency, from independent living units and low-care options through to high-care and specialist care options like dementia care, in line with ageing in place principles.