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In-Home Senior Care Franchises - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 41 pages

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Take care: An aging population will drive industry demand for in-home senior care services



Abstract

In-Home Senior Care Franchises

The In-Home Senior Care Franchises industry is benefiting from a growing number of aging baby boomers. As people live longer due to the advancements in medicine and technology, a growing number of seniors are looking to age in their homes and maintain independence for as long as possible. Franchise establishments that provide medical and nonmedical in-home services allow seniors to do just that. Although industry growth slowed slightly during the economic downturn, in-home senior care franchising has remained strong. This growth is expected to accelerate over the next five years, with the demographic changes expected to continue unabated.

This industry provides in-home healthcare services to people aged 65 and older. Services may include skilled nursing care, homemaker and companion services, physical therapy and medical social services.

Our Business Franchise collection focuses solely on franchised outlet operations and excludes nonfranchise data. They show the total number of franchise outlets, total revenue and the average profit margin earned. Our 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.



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