PUBLISHER: TechNavio | PRODUCT CODE: 1697355
PUBLISHER: TechNavio | PRODUCT CODE: 1697355
The senior living market in us is forecasted to grow by USD 30580.3 mn during 2024-2029, accelerating at a CAGR of 5.9% during the forecast period. The report on the senior living market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aging population, changing lifestyles and preferences among senior citizens, and increased life expectancy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.7% |
CAGR | 5.9% |
Incremental Value | $30580.3 mn |
Technavio's senior living market in us is segmented as below:
By Service Type
By Age Group
By Geographical Landscape
This study identifies the technology integration as one of the prime reasons driving the senior living market in us growth during the next few years. Also, rising popularity of retirement villages and focus on expansion of senior living facilities will lead to sizable demand in the market.
The report on the senior living market in us covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading senior living market in us vendors that include AbsoluteCare, Affinity Living Communities, Atria Senior Living Inc., Avila Senior Living, Belmont Village Senior Living, Brookdale Senior Living Inc., Covenant Living Communities and Services, Discovery Senior Living, Erickson Senior Living Management LLC, Five Star Senior Living, Genesis Healthcare Inc., Golden Heights Personal Care Home, Lendlease Corp. Ltd., Life Care Centers of America Inc., Life Care Services, Merrill Gardens, ProMedica Health Systems Inc., Senior Lifestyle, Sunrise Senior Living LLC, and Wickshire Senior Living. Also, the senior living market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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