Living well: Industry revenue will likely grow due to the continued aging of the population
Residential Senior Care Franchises The Residential Senior Care Franchises industry provides residential and personal-care services for elderly individuals who are unable to fully care for themselves. Demographic trends have underpinned growing demand for residential senior care franchises, and the industry has experienced strong growth over the past five years. This growth is expected to continue over the next five years, driven by an improving economic environment and the continued aging of the population, which will expand the industry’s markets. Despite the success of the industry’s business model, franchise operators are expected to encounter some challenges from falling reimbursement rates and rising competition.
Franchises in this industry primarily provide residential and personal-care services for elderly individuals that are unable to fully care for themselves. IBISWorld business franchise reports focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. These reports also highlight the largest franchisors by market share.
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.
Our reports have been used by over 10K customers, including:
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this U.S. Workplace Stress Management Market Report The U.S. workplace stress management market by revenue is expected to grow at a CAGR of 8.25% during the period 2022–2027. The pandemic aggravated stress, driving demand for therapeutic intervention...
The patient monitoring systems market registered a market size of USD 26,198 million in 2020, and it is expected to reach 34,310 million by 2026, registering a CAGR of 8.87% during the forecast period. The growth of the patient monitoring market is attributed to the rising burden of chronic diseases due to lifestyle changes, growth in the...
The global infection surveillance solutions market is to reach USD 1,033 million by 2026 from USD 508 million in 2021, at a CAGR of 15.2%. The growth in this market can primarily be attributed to the increasing incidence of HAIs and increasing surgical procedures. The rising healthcare expenditure, an increasing number of surgeries, the growing...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Ostomy Care Market Report The ostomy care market by revenue is expected to grow at a CAGR of 4% during the period 2022–2027. OSTOMY CARE MARKET INSIGHTS Ostomy care products are designed to enhance and improve...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Healthcare Supply Chain Management Market Report The healthcare supply chain management market by revenue is expected to grow at a CAGR of 8.32% during the period 2022–2027. The rising data in the healthcare sector, the improvements...
The global wearable healthcare devices market is projected to reach USD 30.1 billion by 2026 from USD 16.2 billion in 2021, at a CAGR of 13.2% during the forecast period. Market growth is driven by factors such as the development of technologically advanced products and robust penetration of 3G and 4G networks for uninterrupted healthcare...
The artificial intelligence in healthcare market is projected to grow from USD 6.9 billion in 2021 to USD 67.4 billion by 2027; it is expected to grow at a CAGR of 46.2%from 2021 to 2027. Many companies are developing software solutions for various healthcare applications; this is the key factor complementing the growth of the software...
Portugal - Healthcare, Regulatory and Reimbursement Landscape Summary The analyst has released its latest report, “Portugal - Healthcare, Regulatory and Reimbursement Landscape”.The report is an essential source of information on analysis of the healthcare, regulatory and reimbursement landscape...
The global epilepsy monitoring devices market is projected to reach USD 615 million by 2026 from USD 489 million in 2021, at a CAGR of 4.7% during the forecast period. The growth in this market is driven by the increasing incidence and prevalence of epilepsy, growing preference for ambulatory healthcare and increasing use of wearables, growing...
The dental diamond burs market size is projected to grow from USD 130 million in 2021 to USD 191 million by 2026, at a CAGR of 8.0%. The dental diamond burs market is witnessing high growth owing to the increase in the consciousness to dental and oral health and versatility of the dental industry to provide specific and optimum services to...
Gross Domestic Product
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.