Elder Care Services Market to represent a significant expansion at 8.4% CAGR byPosted by Bisvjeet on November 16th, 2018 The overall elder care services market is estimated to be valued at US$ 927.1 billion in 2017 and is slated to reach a market value nearly US67.3 billion in the year end 2025. This billion dollar market is projected to grow progressively at a CAGR of 8.4% during the assessment period. The overall market is segmented into service type, financing source and region. Forecast by service type Based on service type, the market is sub-segmented into institutional care, home-based care and community-based care. The institutional care segment is projected to account for nearly 75% of revenue share of the market in 2025 and remain lucrative throughout the forecast period. However, by 2025, the community-based care remains the second leading sector to account for nearly 18% revenue share of the market. Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114971/Elder-Care-Services-Market Forecast by financing source In terms of financing source, the overall market is sub-segmented into out-of-pocket spending, public expenditure and private source. The public expenditure majorly finances the overall elder care services market, exhibiting a CAGR of 7.9% during the assessment period. The out-of-pocket spending will remain the second most lucrative market by recording a CAGR of 9.4% growth during 2017–2025 Forecast by region The global market is studied across the five prominent regions • Middle East & Africa • Europe • North America • Asia Pacific • Latin America The European market remains the leading market for the elder care services accounting for 37% revenue share of the market in 2017. North America is estimated as the second leading market accounting for around 30% of revenue share in the beginning of the forecast period. Although, the APAC market is projected to witness a CAGR of 11.0% as the emergent market throughout the projection period. The key companies in the overall elder care services market include, • Econ Healthcare Group • St Luke's ElderCare Ltd • Samvedna Senior Care • Benesse Style Care Co. Ltd • Epoch Elder Care • Latin America Home Health Care • ApnaCare Latin America Private Limited • NTUC Health Co-Operative Ltd • Nichiigakkan Co. Ltd • Orange Valley Healthcare • Golden Years Hospital • SASCO Integrated Eldercare Centre • GoldenCare Group Private Limited • Carewell-Service Co., Ltd, RIEI Co. Ltd • Pacific Healthcare Nursing Home • Cascade Healthcare • Millennia Personal Care Services • United Medicare Pvt Ltd. • Rosewood Care Group Inc. Like it? Share it!More by this author |