PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423577
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423577
Adult Day Care Market Forecasts to 2030 - Global Analysis By Type (Medical Focused, Dementia Specific, Respite Care, Recreational and Other Types), Service, Funding, End User and By Geography
According to Stratistics MRC, the Global Adult Day Care Market is accounted for $17.6 billion in 2023 and is expected to reach $28.5 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Adult day care refers to a supervised program providing care and activities for adults who need assistance or supervision during the day, usually due to physical or cognitive impairments, disabilities, or age-related conditions. These centers offer various services such as meals, social activities, therapy, and health monitoring, aiming to support participants' well-being and provide respite for caregivers or family members. The programs can cater to various needs, including medical care, social interaction, and therapeutic interventions, depending on the individuals attending.
According to the BMC Journal, in 2018, around 87.7% of the municipalities in Norway offered ADC services for dementia patients. According to the article published in the BMC Journal in 2022, day care is an important aspect of community care for dementia patients, and around 10% to 18% of patients with dementia are utilizing these services globally.
Market Dynamics:
Driver:
Increasing life expectancy
As people live longer, the demand for specialized care services catering to the elderly has surged. Adult day care centers offer a range of services, including health monitoring, social activities, and assistance with daily tasks. This expanding market addresses the need for quality care while allowing seniors to maintain independence. With advancements in healthcare and a growing aging population, the adult day care sector continues to witness increased demand and innovation to meet the evolving needs of older adults, driving its sustained growth.
Restraint:
Limited reimbursement options
The market often faces restricted reimbursement options, impacting accessibility and affordability for families. Government-funded programs l constraining choices for individuals requiring comprehensive care. Private insurance coverage varies widely, often offering partial payments or excluding certain services crucial for participants. This lack of diverse reimbursement options limits the availability of high-quality care, leaving many families grappling with financial strain and restricted access to essential adult day care services.
Opportunity:
Rise in chronic conditions
Chronic conditions are increasingly prevalent, prompting day care facilities to adapt by offering specialized care, tailored programs, and skilled medical supervision. This trend underscores the growing need for comprehensive and targeted support services within adult day care, emphasizing the importance of holistic care strategies to address the evolving health requirements of participants. Factors like an aging population, lifestyle changes, and improved diagnostics contribute to the growth of the market.
Threat:
Costs and affordability
Adult day care costs vary based on location, services offered, and level of care. Affordability hinges on factors like financial assistance programs, long-term care insurance, and Medicaid waivers that some centers accept. Families can explore sliding scale fees or subsidies based on income. Overall, affordability is a nuanced aspect, with options available for various financial situations, although accessibility to subsidized care and financial aid can greatly influence affordability for many seeking these services.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the adult day care market, causing closures, reduced capacities, and operational challenges. Concerns over infection risk led to decreased attendance as individuals and families prioritized safety. Facilities had to adapt with stringent health protocols and technology integration for remote engagement. Financial strains arose due to increased costs for safety measures and decreased revenue from lower attendance. Despite these challenges, some centers innovated by offering hybrid models or specialized services.
The dementia specific segment is expected to be the largest during the forecast period
The dementia specific segment is expected to be the largest during the forecast period due to tailored services and specialized care for individuals experiencing various forms of dementia. These programs offer personalized activities, cognitive stimulation, and supervision designed to support and engage individuals with dementia. Trained staff members ensure a safe and nurturing environment while implementing therapies to enhance cognitive function and quality of life.
The adult social day services segment is expected to have the highest CAGR during the forecast period
The adult social day services segment is expected to have the highest CAGR during the forecast period. These services offer a safe and engaging environment, fostering social interaction, mental stimulation, and assistance with daily living activities. They aim to enhance well-being, promote independence, and offer respite for caregivers. Through a combination of recreational, therapeutic, and health-related activities, they ensure a supportive and inclusive space, contributing to the holistic care and quality of life for participants in the adult day care market.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. With a focus on enhancing quality of life, these centers provide assistance, therapies, and recreational programs, enabling families to maintain employment while ensuring their loved ones receive proper care. The market expansion is driven by an aging population, increased awareness of mental health, and the need for specialized care options. This sector continues to evolve, emphasizing personalized care and innovative services to meet diverse needs across the region.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period due to rising aging populations and evolving societal structures. Increased awareness of elder care needs, coupled with government initiatives promoting senior well-being, fosters market expansion. Innovations in technology integration for personalized care, alongside growing urbanization, further propel the demand for accessible adult day care services. This market's trajectory suggests continual development, driven by cultural shifts and a commitment to enhancing the quality of life for seniors in the region.
Key players in the market
Some of the key players in Adult Day Care market include Amedisys, Active Day/Senior Care, Adult Life Programs, CCACC Joyful Day Care Center, Badisa, Care Futures, ElderCareCanada, Deutsches Altenheim, GerHogar, Grace Adult Health Care, Living Assistance Services Inc., Town Square Adult Day Center and Journey Adult Day Center.
Key Developments:
In March 2023, Town Square Adult Day Center was opened in north Sarasota to provide services and respite for local seniors and their caregivers. It is a senior-focused facility with programs designed to help seniors with medical conditions such as dementia, Alzheimer, and other mobility and cognitive conditions.
In February 2023, Journey Adult Day Center announced to open a new adult day center in Greensboro to alleviate DHHS waitlists.
Types Covered:
- Medical Focused
- Dementia Specific
- Respite Care
- Recreational
- Other Types
Services Covered:
- Adult Social Day Services
- Adult Day Healthcare Services
- Specialized Day Care Services
Fundings Covered:
- Private
- Public
End Users Covered:
- Elderly
- Disabled Individuals
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Adult Day Care Market, By Type
- 5.1 Introduction
- 5.2 Medical Focused
- 5.3 Dementia Specific
- 5.4 Respite Care
- 5.5 Recreational
- 5.6 Other Types
6 Global Adult Day Care Market, By Service
- 6.1 Introduction
- 6.2 Adult Social Day Services
- 6.3 Adult Day Healthcare Services
- 6.4 Specialized Day Care Services
7 Global Adult Day Care Market, By Funding
- 7.1 Introduction
- 7.2 Private
- 7.3 Public
8 Global Adult Day Care Market, By End User
- 8.1 Introduction
- 8.2 Elderly
- 8.3 Disabled Individuals
- 8.4 Other End Users
9 Global Adult Day Care Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 Amedisys
- 11.2 Active Day/Senior Care
- 11.3 Adult Life Programs
- 11.4 CCACC Joyful Day Care Center
- 11.5 Badisa
- 11.6 Care Futures
- 11.7 ElderCareCanada
- 11.8 Deutsches Altenheim
- 11.9 GerHogar
- 11.10 Grace Adult Health Care
- 11.11 Living Assistance Services Inc.
- 11.12 Town Square Adult Day Center
- 11.13 Journey Adult Day Center
List of Tables
- Table 1 Global Adult Day Care Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 4 Global Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 5 Global Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 6 Global Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 7 Global Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 8 Global Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 9 Global Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 10 Global Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 11 Global Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 12 Global Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 13 Global Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 14 Global Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 15 Global Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 16 Global Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 17 Global Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 18 Global Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 19 North America Adult Day Care Market Outlook, By Country (2021-2030) ($MN)
- Table 20 North America Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 21 North America Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 22 North America Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 23 North America Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 24 North America Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 25 North America Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 26 North America Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 27 North America Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 28 North America Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 29 North America Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 30 North America Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 31 North America Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 32 North America Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 33 North America Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 34 North America Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 35 North America Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 36 North America Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 37 Europe Adult Day Care Market Outlook, By Country (2021-2030) ($MN)
- Table 38 Europe Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 39 Europe Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 40 Europe Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 41 Europe Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 42 Europe Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 43 Europe Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 44 Europe Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 45 Europe Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 46 Europe Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 47 Europe Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 48 Europe Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 49 Europe Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 50 Europe Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 51 Europe Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 52 Europe Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 53 Europe Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 54 Europe Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 55 Asia Pacific Adult Day Care Market Outlook, By Country (2021-2030) ($MN)
- Table 56 Asia Pacific Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 57 Asia Pacific Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 58 Asia Pacific Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 59 Asia Pacific Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 60 Asia Pacific Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 61 Asia Pacific Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 62 Asia Pacific Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 63 Asia Pacific Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 64 Asia Pacific Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 65 Asia Pacific Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 66 Asia Pacific Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 67 Asia Pacific Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 68 Asia Pacific Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 69 Asia Pacific Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 70 Asia Pacific Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 71 Asia Pacific Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 72 Asia Pacific Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 73 South America Adult Day Care Market Outlook, By Country (2021-2030) ($MN)
- Table 74 South America Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 75 South America Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 76 South America Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 77 South America Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 78 South America Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 79 South America Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 80 South America Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 81 South America Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 82 South America Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 83 South America Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 84 South America Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 85 South America Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 86 South America Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 87 South America Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 88 South America Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 89 South America Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 90 South America Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 91 Middle East & Africa Adult Day Care Market Outlook, By Country (2021-2030) ($MN)
- Table 92 Middle East & Africa Adult Day Care Market Outlook, By Type (2021-2030) ($MN)
- Table 93 Middle East & Africa Adult Day Care Market Outlook, By Medical Focused (2021-2030) ($MN)
- Table 94 Middle East & Africa Adult Day Care Market Outlook, By Dementia Specific (2021-2030) ($MN)
- Table 95 Middle East & Africa Adult Day Care Market Outlook, By Respite Care (2021-2030) ($MN)
- Table 96 Middle East & Africa Adult Day Care Market Outlook, By Recreational (2021-2030) ($MN)
- Table 97 Middle East & Africa Adult Day Care Market Outlook, By Other Types (2021-2030) ($MN)
- Table 98 Middle East & Africa Adult Day Care Market Outlook, By Service (2021-2030) ($MN)
- Table 99 Middle East & Africa Adult Day Care Market Outlook, By Adult Social Day Services (2021-2030) ($MN)
- Table 100 Middle East & Africa Adult Day Care Market Outlook, By Adult Day Healthcare Services (2021-2030) ($MN)
- Table 101 Middle East & Africa Adult Day Care Market Outlook, By Specialized Day Care Services (2021-2030) ($MN)
- Table 102 Middle East & Africa Adult Day Care Market Outlook, By Funding (2021-2030) ($MN)
- Table 103 Middle East & Africa Adult Day Care Market Outlook, By Private (2021-2030) ($MN)
- Table 104 Middle East & Africa Adult Day Care Market Outlook, By Public (2021-2030) ($MN)
- Table 105 Middle East & Africa Adult Day Care Market Outlook, By End User (2021-2030) ($MN)
- Table 106 Middle East & Africa Adult Day Care Market Outlook, By Elderly (2021-2030) ($MN)
- Table 107 Middle East & Africa Adult Day Care Market Outlook, By Disabled Individuals (2021-2030) ($MN)
- Table 108 Middle East & Africa Adult Day Care Market Outlook, By Other End Users (2021-2030) ($MN)
