US revenues for elder care services will rise 6.6 percent annually through 2011, driven largely by demographic changes. Skilled nursing facilities will stay the top segment while home health care services grow the fastest. For-profit institutions will remain the largest provider category and will slightly outpace nonprofit types. This study analyzes the $192 billion US elder care service industry. It presents historical demand data for the years 1996, 2001 and 2006 and forecasts for 2011 and 2016 by type (e.g., skilled nursing care facilities, home health care services, continuing care retirement communities, social services, assisted living facilities); provider (for-profit, nonprofit); payment source (e.g., Medicaid, Medicare, out-of-pocket, private insurance); and regional market. The study also considers market environment factors, details industry composition, evaluates company market share and profiles 38 major players, including Manor Care, GGNSC Holdings, and Kindred Healthcare.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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