As the aging population is growing in numbers, the demand for elder care services is experiencing a tremendous rise. With the present rate of expansion, it is expected that the US elder care market will likely reach $700 billion by 2026. Moreover, as per the AARP report, even the percentage of chronic illness among the senior citizens is also likely to increase to 21% by 2050, which indicates that the elder care services market in the US is surely going to grow in terms of facilities, numbers and service parameters.
In this market report, we have put forward a detailed overview of the US elder care service industry to provide healthcare marketers, consultants, and executives insight about the statistics and market dynamics to conclude informed decisions while planning their marketing and sales strategy. Among the leading corporate leaders in the field of elder care, Brookdale Senior Living tops the chart in terms of providing the maximum number of elder care facility centers, which include assisted living, residential homes, nursing homes, etc. Also, the report presents table charts comprising the statistics of elder care facilities and their counts based on state-wise divisions, job titles, and more.