ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research recently published a research report titled “Geriatric Care Services Market (Home Care, Adult Day Care and Institutional Care) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.
Browse Report: http://www.transparencymarketresearch.com/geriatric-care-services-market.html
In 2012, the global geriatric care services market was worth US$560.4 billion. It is likely to increase at a 5.9% CAGR from 2013 to 2019, to attain an expected value of US$850 billion in 2019.
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In this research report, the geriatric care services market is studied on the basis of type and geography.
Based on types, the geriatric care services market is classified into adult day care, home care and institutional care. Home care in geriatric care services market is further classified into health care and non-medical home care. Health care consists of medical care, hospic care, telehealth, physiotherapy services and palliative care, whereas non-medical home care includes homemaking, grocery and meals, rehabilitation, personal care and others.
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Regionally, the geriatric care services market is categorized into North America, Europe, Asia Pacific and Rest of the World. The geriatric care services market in North America is divided into the United States and Canada. The European geriatric care services market is classified into Italy, France, Germany, U.K., Spain and Rest of Europe. The market for geriatric care services in Asia Pacific includes Japan, India, China, Australia and Rest of Asia Pacific, whereas the geriatric care services market in Rest of the World consists of the Middle East, Africa, Latin America and other regions.
Changing norms of family structure are the key factor in propelling the adoption of geriatric care services, while intimidating shortage of geriatric care workforce is likely to create hindrances in the geriatric care services market growth.
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Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
