The Global Retirement Communities Market Report by The Business Research Company covers retirement communities market drivers and restraints, retirement communities market size, major players, and the impact of COVID-19 on the retirement community market.
The retirement communities market consists of sales of retirement community care services and related goods by entities that provide accommodation and nursing care services for the elderly who are generally able to care for themselves but might require assistance from home care agencies. The care in retirement communities’ service typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Activities and socialization opportunities are often provided by retirement communities. The major clientele for retirement communities is the population aged 60 years and above.
The global retirement communities market is expected to grow from $218.6 billion in 2019 to nearly $317.4 billion by 2023 at a rate of 9.8%.
The aging population will continue to be a driver of the retirement communities market. An increase in the size of the aging population, which is a major risk factor for many chronic diseases, such as cardiovascular disease, cancer, arthritis, dementia, cataracts, osteoporosis, diabetes, hypertension and Alzheimer`s disease, is also expected to drive the assisted living with on-site nursing care facilities market, supporting the growth of the overall retirement communities market.
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Some retirement communities market trends include developing individualized service plans to treat and aid individuals to recover from chronic disease conditions. Individualized service plans are developed by considering factors such as physical needs, mental needs, living situation and compliance to medications. Moreover, telehealth technology is extensively being used by nursing care providers in retirement communities to improve the quality of care being offered to the residents.
Global retirement communities market segments include:
1) By Type: Continuing Care Retirement Communities, Assisted Living Facilities With Nursing Care, Assisted Living Facilities, Rest Homes
2) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Retirement Communities Opportunities And Strategies: Forecast To 2023 is one of a series of new reports from The Business Research Company that provides retirement communities market overviews, analyzes and forecasts market size, share, retirement communities market players, retirement communities market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The retirement communities identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Retirement Communities Opportunities And Strategies: Forecast To 2023 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: HC-One Ltd., Brookdale Senior Living Inc., Five Star Senior Living, Holiday Retirement, Sunrise Senior Living
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Retirement Communities Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Retirement Communities Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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