Aged Care Residential Services in Australia - IBISWorld Industry Market Research

Aged Care Residential Services in Australia

Aged Care Residential Services in Australia - IBISWorld Industry Market Research
Aged Care Residential Services in Australia
Published Jan 30, 2015
36 pages — Published Jan 30, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

One of the complex issues associated with Australia's ageing population is the need for age-appropriate housing. While roughly 6.1 million Australians are aged over 55, just 6.0% live in retirement villages or residential aged-care facilities. With the onset of age-related conditions or fragility comes the growing need for assistance with everyday activities and personal care. Over the past five years, the Aged Care Residential Services industry has continued to expand, offering different lifestyle accommodation options and aged-care services. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 4.2%, to $17.0 billion.

The industry consists of establishments that provide long-term aged-care accommodation, including government-approved residential aged-care accommodation and retirement villages. An increasing number of establishments are providing residential aged-care services across the entire spectrum of dependency, from independent living units and low-care options through to high- care and specialist care such as dementia care in line with ageing in place principles.

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.

  
Source:
Document ID
Q8601
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PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Aged Care Residential Services in Australia" Jan 30, 2015. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Aged-Care-Residential-Services-in-Australia-2042-5573>
  
APA:
IBISWorld Industry Market Research. (2015). Aged Care Residential Services in Australia Jan 30, 2015. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Aged-Care-Residential-Services-in-Australia-2042-5573>
  
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