According to a new market report, “Geriatric Care Services Market (Home Care, Adult Day Care, and Institutional Care) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” is expected to grow at a CAGR of 5.9 % from 2013 to 2019, to reach an estimated value of USD 850.0 billion by 2019.
The geriatric care services market has been extensively analyzed on the basis of service type and geography. Type of services includes home care services, institutional care services and adult day care services. Each service type is further segmented considering the different types of care provided. Home care services include home healthcare and non-medical care services for the adults while institutional care services comprises nursing homes, assisted living, hospital based elderly services and independent senior living. Adult day care service has been segmented into medical and non medical care services. Geographically, the market is analyzed for four major regions, namely North America, Europe, Asia and Rest of the World (RoW).
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