© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Geriatric Care Services Market By Services, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, : Fractovia.org
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Geriatric Care Services Market is driven by growing emphasis on taking care of the elderly population, growing number of chronic diseases and increasing number of long term care services. In addition to this, rising adoption of urban lifestyles resulting into nuclear family trends is creating a need for care taking facilities and healthcare services for the ageing population. The geriatric care services provide services such as health care, personal care, aiding with daily activities, etc. to the elderly population diagnosed with chronic illness, cognitive disability, or other disorders. Home care is another lucrative sector anticipated to generate revenue exceeding USD 480 billion by Home care is anticipated to register a CAGR of 4.5% over the period of The home care services segment is poised to witness a fast-paced growth, owing to favorable government reimbursement policies and increased awareness regarding treatment of chronic diseases. Key Insights of Geriatric Care Services Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved North America is projected to remain in the leading position accounting for the largest share in the global geriatric care services industry. Advanced care facilities and favorable government policies in the U.S. has fairly attributed to the growth of geriatric care services industry. Asia Pacific is projected to be the rapidly growing region over the coming timeframe, exhibiting significant growth aspects in the geriatric care services industry. Asia Pacific geriatric care services market with growth looming from China is expected to be the most lucrative region generating heavy gains in the coming seven years. Asia Pacific geriatric care services market with growth looming from China is expected to be the most lucrative region generating heavy gains in the coming seven years. The industry players are likely to adopt key strategies such as industrial collaborations and merges & acquisitions. Companies are extremely competitive in terms of services offered, quality, cost, and insurance coverage. Continued…
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