Europe home care & assisted living market is anticipated to observe impressive growth during the forecast period, 2024-2028. The major factors include widespread incidence of various chronic problems such as neurological disorders, cancer, diabetes, among others is expected to increase the demand for home care & assisted living in the Europe.
Rising Incidence of Neurological Disorders
Surge in Demand for Home Care Services
Change in lifestyle has expanded the array of home care service offerings such as nursing care, home care, among others. Also, the rising awareness among younger generation as well as elderly population is surging the demand for home care and assisted living. Owing to the prevalence of various diseases, people are opting home care services as these services are more suitable for their wellbeing and lifestyle, and also these services provide a sense of comfort and peace of mind to elders. Also, the rising geriatric population is facilitating the use of home care services and assisted living as they suffer from one or more health conditions, which, in turn, facilitates the growth of the market.
Recent Developments
- Medtronic’s Integrated Health Solutions (IHS) has170 ongoing long-term partnerships in 24 nations across Europe (such as Italy,the Netherlands, and the U.K.) and the Middle East, offering value to healthcare organizations and supporting the offering of high-quality service at home atcheaper price.
- In the United Kingdom, Elderly Care is an essentialhealthcare alternative for senior citizens, it has recently raised about USD10million of capital to offer improved home care to the ageing generation. MMCVentures, an investor of Elder who supported the initiative. This entity aimsto solve the ‘social care crisis’ that has cropped up.
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Market Segmentation
The
Market Players
Mears Group PLC, Heritage Independent Living Ltd., Ashfield Healthcare Gmbh, Bayada Home Health Care, AB Care (European Service LLC), Korian Group, Buurtzorg Nederland, Legrand Group España, S.L., Orpea Group, and DomusVi SAS
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Company share, Competitive landscape, Growth factors, and Trends |
Segments covered | · Service Type · Service Provider · Country |
Country scope | France, Germany, United Kingdom, Italy, Spain, Finland, Belgium, Portugal, Denmark, Netherlands |
Key companies profiled | Mears Group PLC, Heritage Independent Living Ltd., Ashfield Healthcare Gmbh, Bayada Home Health Care, AB Care (European Service LLC), Korian Group, Buurtzorg Nederland, Legrand Group España, S.L., Orpea Group, and DomusVi SAS |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |