Elder Care Services Market to Witness 8.4% Increase in Value Share During the Forecast Period by harsh143 · January 12 Carson Wentz Game Jersey , 2019
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 US$1767.3 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.
Report For Sample with Table of Contents@ 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.聽 However Dallas Goedert Game Jersey , by 2025, the community-based care remains the second leading sector to account for nearly 18% revenue share of the 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 Alshon Jeffery Limited Jersey , 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鈥?025
Forecast by region
The global market is studied across the five prominent regions
鈥?Middle East & Africa
鈥?Europe
鈥?North America
鈥?Asia Pacific
鈥?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.
Request For Report Discount@ The key companies in the overall elder care services market include,
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