Global Care Services Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Care services are a service for the prevention, diagnosis, treatment, or relief of a mental, physical, or behavioral health condition, injury, illness, or disease. Care services provide assistance with the activities of daily living. The growing geriatric population, rising incidences of chronic health diseases, coupled with the increasing reimbursement benefits offered in-home care services in developed nations are some prominent factors soaring the market growth across the globe. For instance, as per the World Health Organization (WHO), the global geriatric population was evaluated to be more than 524 million in 2010 and it is expected to rise by 2 billion by the year 2050. Consequentially, the growing aging population is fueling the demand for care services, which accelerates the growth of the market. However, the high cost of services and dearth of home care professionals in developing regions hamper the market growth over the forecast period of 2022-2028. Also, the rising inclination toward value-based care services and the availability of advanced technology and tools to improve patient access to care are anticipated to act as catalyzing factors for the market demand during the forthcoming scenario.

The key regions considered for the global Care Services Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing expenditure on healthcare, along with rising adoption of emerging technology-based care services like app-based teleconsultation. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising frequency of chronic diseases among population, as well as, rapidly increasing geriatric population, would create lucrative growth prospects for the Care Services Market across the Asia-Pacific region.

Major market players included in this report are:

A&D Company

Amedisys, Inc.

Home Instead, Inc.

National Healthcare Corporation

Brookdale Senior Living Inc.

Kindred Healthcare, LLC.

LHC Group, Inc.

Diversicare Healthcare Services, Inc.

Genesis Healthcare, Inc.

Linde PLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Skilled Nursing Facility

Assisted Living Facility

Hospice and Palliative Care

Post-Acute Care

Remote Patient Monitoring

Home-based Primary Care/House Calls

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Care Services Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors