Elder Care Services Market Continues to Grow

Revenues for elder care services in the U.S. are expected to increase 6.6 percent per year to $26.4 billion in 2011, according the U.S. Elder Care Services Market, a new report available on Reportlinker.com.

Increased health care will be the fastest-growing segment, the report states, driven by the growing number of seniors who want to stay in their homes as long as possible. However, services such as continuing care retirement communities, assisted living facilities, adult day care, companion services and non-medical home care services also will grow as the population ages, its says. The report presents historical demand data for the years 1996, 2001 and 2006, and forecasts for 2011 and 2016 by service type, provider, payment source and region. The study also considers market environment factors, evaluates company market share, and profiles 39 industry players.

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