The Adult Day Care industry has performed well over the past five years. The steadily aging population and expensive alternative long-term care options (nursing homes, for example, can cost five times more than adult day care) fueled demand for industry services. Over the next five years, the aging ppulation as well as increased private health insurance coverage will result in greater demand for industry services, leading to increased demand.
This industry provides social and basic health assistance, including transportation, meals, personal hygiene and therapeutic activities, to the elderly and individuals with mental or physical disabilities. Services are typically provided during normal business hours through adult care centers. This industry does not include home care.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.