1. Market Research
  2. > Consumer Services Market Trends
  3. > Caring Services

Find Your Way Through the Caring Services Market's Top Studies

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
3 votes

Global Caring Services Industry

The world caring services industry (part of the global consumer services market) touches on many sectors, including senior care, social care, childcare and healthcare. The industry is highly labor intensive, as caregivers must give maximum attention to patients, children and elderly persons.

Demand for care-related personal services continues to climb due to rising employment rates, putting households in a better position to pay for care for family members of different ages. With many families now having two parents in the workforce, the demand for childcare services also continues to expand. Similarly, with elderly family members living longer and suffering from a host of conditions requiring intensive care, demand for nursing home care and home healthcare is rising steadily.

Key Market Segments

The world home healthcare industry is expected to reach $372 billion by 2015, according to Global Industry Analysts. Cases of diseases affecting older patients, including cardiac problems, diabetes, Alzheimer’s and arthritis, are on the rise and necessitate a greater degree of care. Due to staff shortages, technology is playing an increasingly vital role in the home healthcare services industry. The home healthcare sector is growing globally, with the US and the EU dominating the market. These regional markets have the support of advanced technology and well-established equipment-manufacturers. Thanks to an aging population and awareness surrounding low-cost treatments and health insurance for home care, the healthcare market is particularly strong.

In the UK, an aging population and an increasing number of elderly people suffering from diseases requiring acute care is driving demand for nursing homes and care homes. However, following the economic recession, and government budget cuts in particular, the market is falling short of its potential, according to research from Key Note. Under the government’s 2010 Comprehensive Spending Review, annual local authority funding was cut by 7% through 2014. Consequently, some local government bodies upped the eligible age for free social care for adults. The UK care home market is dominated by a limited number of large companies. Leading names operating in the market include BUPA, Sunrise Senior Living and Barchester Healthcare. Previously the UK’s leading home care outfit was Southern Cross. However,since its collapse, Four Seasons Health Care has taken the top spot, taking on 140homes from Southern Cross in the second half of 2011. Though negatively impacted by the economic recession, Key Note research shows thatcare homes remain a long-term growth opportunity because of increasing longevityrates. Segments likely to hold strong potential will be outfits offering specialist care forage-related diseases. Demand for high-quality care is equally set to rise.

The US childcare services industry is forecast to reach close to $40 billion by 2015, according to research from Global Industry Analysts. Market growth is fuelled by rising employment and demographic factors such as birth rates and growth in the number of children under 5 years of age, a segment which should see particularly strong growth through 2015. With the number of dual-income households increasing in the US, many families have two parents working outside of the home, with the means to pay for child day care.

India’s preschool childcare industry is expected to record yearly growth of close to 14% between 2011 and 2014, according to RNCOS. Market growth will be fuelled by rising levels of disposable income, rising numbers of dual-income households and high-qualitypreschool education demand. India’s preschool education market, which offers pre-primary education for the two-to-four age group, is witnessing a rising level of franchising, with many businesses establishing or growing their brands by way of education franchises. Leading names operating in the market include Euro kids and Kidzee

Read more ยป

Share
24/7 Customer Support

Talk to Sam

+1 646 893 5945

1-10 of about 4200 reports

Global Caring Services Markets

  • June 2017
    52 pages
  • World  

    Nepal  

View report >

Caring Services Industry in the US - Forecast

  • November 2017
    14 pages
  • Caring Services  

  • United States  

View report >

The future of the Caring Services Industry in the UK and Europe

  • October 2017
    103 pages
  • United Kingdom  

    Europe  

    United States  

View report >

Caring Services Markets in the UK and Asia - Forecast

  • January 2017
    23 pages
  • Caring Services  

    Social Care  

  • United Kingdom  

    Asia  

View report >

Caring Services Industry in Japan and the US

  • January 2017
    11 pages
  • Caring Services  

  • Japan  

    United States  

View report >

Caring Services Industry in Italy

  • January 2015
    20 pages
  • Caring Services  

  • Italy  

    Europe  

View report >

Caring Services Industry in the UK - Forecast

  • December 2017
    62 pages
  • United Kingdom  

    Europe  

View report >

Caring Services Industry in Canada

  • January 2017
    20 pages
  • Canada  

View report >

Caring Services Industry in Brazil - Forecast

  • February 2016
    21 pages
  • Brazil  

    South America  

View report >

Caring Services Industry in India

  • January 2016
    8 pages
  • India  

    Ghana  

    Brazil  

View report >

Search in Caring Services Industry (About 4200 reports)
Parent industry: Consumer Services
Related industries: Household Services, Pet Care, Funeral Services, Beauty and Wellness Services, Education and Training

59 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 5795)

Mobile Creche Market in the US 2017-2021

Mobile Creche Sector: Forecast until 2021 in the US

  • $ 3500
  • Industry report
  • July 2017
  • by Infiniti Research Limited

About Mobile Creche Mobile creches are day-care facilities provided by on-demand service providers such as Pots of Fun and Rise and Shine Childcare. Unlike traditional day-care facilities, vendors of mobile ...

Pet Daycare and Lodging Sector: Worldwide Forecast unti ... $ 2500 September 2016

Preschool or Childcare Sector: Forecast until 2021 in C ... $ 3500 November 2017

Baby Monitors Industry: Forecasts to 2024 $ 5795 October 2016

Maids, Nannies & Gardeners in the US in the US - Indust ... $ 1090 October 2017

Professional Organizations in the US - Industry Market ... $ 1090 August 2017

Nursery & Garden Stores in the US - Industry Market Res ... $ 1090 July 2017

Day Care in the US - Industry Market Research Report $ 1090 June 2017

Social Services Global Market Briefing 2017 $ 1000 May 2017

The 2018-2023 World Outlook for Child Day Care Services $ 995 April 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.