Services for the Elderly and Persons with Disabilities in the US

Twilight is Industry's Highlight

By the year 2030, it is estimated that the older population will almost double, as well as the number of people Medicare services will nearly double. Since age group 65 years and older is eligible for publicly funded services for the elderly, this will increase the burden for governments the provision of pensions and health care. However, for this industry there will be an increase in demand for services, hence supporting significant revenue growth.

This industry comprises establishments primarily engaged in providing nonresidential social assistance services to improve the quality of life for the elderly, persons diagnosed with mental retardation, or persons with disabilities. These establishments provide for the welfare of these individuals in such areas as day care, nonmedical home care or homemaker services, social activities, group support and companionship. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.