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Geriatric Care Services Market Share

Report ID: GMI433
Published Date: Dec 2023
Report Format: PDF

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Geriatric Care Services Market Share

The geriatric care services industry is fragmented in nature, with companies competing to offer superior geriatric care services in this business space. Prominent players such as Brookdale Senior Living Inc, Active Day, and Extendicare Inc hold a significant share in this market. These companies are diligently directing their efforts towards continuous type innovation to gain substantial market share.

Geriatric Care Services Market Companies

Some of the eminent market participants operating in the geriatric care services industry include:

Active Day
Brookdale Senior Living Inc.
Extendicare Inc.
Genesis Healthcare Corp
Gentiva Health Services, Inc.
Home Instead Senior Care Inc.
Kindred Healthcare Inc.
Samvedna Senior Care Private Limited
Senior Care Centers of America
St Luke’s Eldercare, Ltd.
Sunrise Senior Living Inc.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The geriatric care services industry was valued at around USD 1.45 trillion in 2023 and is estimated to reach over USD 2.88 trillion by 2032 driven by the growing geriatric population, attractive reimbursement, and insurance policies for the geriatric population, coupled with increasing government funding for elderly care.

The institutional care segment was worth over USD 914 billion in 2023 and is expected to exhibit a robust growth trend during 2024-2032 driven by comprehensive services offered within formal healthcare settings by institutional care providers.

The U.S. dominated North American geriatric care services industry in 2023 and is anticipated to surpass 1.06 trillion by 2032 driven by robust healthcare infrastructure, ageing population, and the demand for specialized care services for seniors.

Brookdale Senior Living Inc, Active Day, Extendicare Inc, St Luke’s Eldercare, Ltd, Kindred Healthcare Inc are some of the major industry contenders.