Technavio has been monitoring the retirement home services market and it is poised to grow by USD 4.95 bn during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Retirement Home Services Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Brookdale Senior Living Inc., Capital Senior Living Corp., Erickson Living Management LLC, Five Star Senior Living Inc., Genesis Healthcare Inc., Holiday AL Management Sub LLC, Home Instead Inc., Senior Lifestyle, Sienna Senior Living Inc., and Sompo Holdings Inc, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Benefits offered by retirement homes has been instrumental in driving the growth of the market. However, social stigma attached to old age homes might hamper market growth.
Retirement Home Services Market 2020-2024 : Segmentation
Retirement Home Services Market is segmented as below:
-
Service
- Independent Living
- Nursing
- Assisted Living
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
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Retirement Home Services Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our retirement home services market report covers the following areas:
- Retirement Home Services Market Size
- Retirement Home Services Market Trends
- Retirement Home Services Market Industry Analysis
This study identifies increasing popularity of retirement villages as one of the prime reasons driving the retirement home services market growth during the next few years.
Retirement Home Services Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the retirement home services market, including some of the vendors such as Brookdale Senior Living Inc., Capital Senior Living Corp., Erickson Living Management LLC, Five Star Senior Living Inc., Genesis Healthcare Inc., Holiday AL Management Sub LLC, Home Instead Inc., Senior Lifestyle, Sienna Senior Living Inc., and Sompo Holdings Inc. Backed with competitive intelligence and benchmarking, our research reports on the retirement home services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Retirement Home Services Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist retirement home services market growth during the next five years
- Estimation of the retirement home services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the retirement home services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of retirement home services market vendors
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Service
- Market segments
- Comparison by Service
- Independent living - Market size and forecast 2019-2024
- Nursing - Market size and forecast 2019-2024
- Assisted living - Market size and forecast 2019-2024
- Market opportunity by Service
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Brookdale Senior Living Inc.
- Capital Senior Living Corp.
- Erickson Living Management LLC
- Five Star Senior Living Inc.
- Genesis Healthcare Inc.
- Holiday AL Management Sub LLC
- Home Instead Inc.
- Senior Lifestyle
- Sienna Senior Living Inc.
- Sompo Holdings Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200515005037/en/
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