Overview:
A branch of social science and medicine focusing on improving the health of elderly population is known as geriatrics. It mainly focusses on preventing the transmission of diseases and also enhances the health of a person. Personal care services and medical services both are provided in geriatric care services. These services can be easily availed at home, hospitals, psychiatric institutions. The elderly population is provided with various services like IV therapy, dialysis, physical therapy and occupational therapy.
The global India Geriatric Care Services market size is expected to reach US$ 42.2 billion by 2028, growing at a CAGR of 7.0% from 2022 to 2028, according to a new study conducted by Coherent Market Insights, Inc.
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Drivers:
Rise in the number of public campaigns regarding geriatric care is anticipated to boost the growth of the India geriatric care services market during the forecast period. For instance, Union Health Minister of India, Harsh Vardhan launched the Decade of Healthy Ageing campaign in October 2020, which aims to provide effective and better services to the elderly population.
Furthermore, key market players are focusing on acquisitions which are estimated to fuel the growth of the India geriatric care services market during the forecast period. For instance, Age Care Labs which focusses on buying, building and investing in senior care businesses, is now acquiring Epoch Elder Care, a service provider especially for dementia care and assisted living homes for elders. This collaboration will help in providing in-home settings services and also provide assisted living facilities.
Key Takeaways:
Key players on the market are focusing on launching new care facilities for elderly population and new investments which are estimated to propel the growth of the India geriatric care services market during the forecast period. For instance, a subsidiary of the Max Group, Antara, in July 2020 declared the launch of two new business lines Care Homes, ‘Care at Home and ‘Assisted Care Services’ space. Antara is intending to invest more than US$ 40 million in these new and existing business lines.
Drivers:
Rise in the number of public campaigns regarding geriatric care is anticipated to boost the growth of the India geriatric care services market during the forecast period. For instance, Union Health Minister of India, Harsh Vardhan launched the Decade of Healthy Ageing campaign in October 2020, which aims to provide effective and better services to the elderly population.
Furthermore, key market players are focusing on acquisitions which are estimated to fuel the growth of the India geriatric care services market during the forecast period. For instance, Age Care Labs which focusses on buying, building and investing in senior care businesses, is now acquiring Epoch Elder Care, a service provider especially for dementia care and assisted living homes for elders. This collaboration will help in providing in-home settings services and also provide assisted living facilities.
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Key Takeaways:
Key players on the market are focusing on launching new care facilities for elderly population and new investments which are estimated to propel the growth of the India geriatric care services market during the forecast period. For instance, a subsidiary of the Max Group, Antara, in July 2020 declared the launch of two new business lines Care Homes, ‘Care at Home and ‘Assisted Care Services’ space. Antara is intending to invest more than US$ 40 million in these new and existing business lines.
Key Players:
Key players active in India geriatric care services market are Jeevan Suraksha, Ashiana Housing Ltd , Nema Care, Emoha Elder Care, Age Ventures India, Tata Trust, Piramal Swasthya, ASLI (Association of Senior Living India), Nisarg Care, Heritage Eldercare Services Pvt. Ltd and AntaraSeniorCare.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Services
- Market Snippet, By Service Provider
- Market Snippet, By Disease Indication
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Porter’s Analysis
- Industry Trends
- Key Highlights
- Epidemiology
- Reimbursement Scenario
- Regulatory Scenario
- Product Launch and Approvals
- Acquisition and Collaboration Scenario
- Market Dynamics
- India Geriatric Care Services Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Demand and Supply of geriatric health care services
- Impact of COVID-19 on the overall Healthcare Sector
- India Geriatric Care Services Market, By Services, 2017 – 2028 (US$ Billion)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- In-Home Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Hourly Adult Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Hospice Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Palliative Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Assisted Living
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Nursing Home
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Introduction
- India Geriatric Care Services Market, By Service Provider, 2017 – 2028 (US$ Billion)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Public
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Private
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Introduction
- India Geriatric Care Services Market, By Disease Indication, 2017 – 2028 (US$ Billion)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2017- 2028
- Segment Trends
- Dementia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Parkinson’s Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Cancer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Stroke
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Osteoarthritis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Introduction
- Competitive Landscape
- Company Profiles
- Emoha Elder Care *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- AntaraSeniorCare
- Nisarg Care
- Tata Trust
- Ashiana Housing Ltd.
- Heritage Eldercare Services Pvt. Ltd.
- ASLI (Association of Senior Living India)
- Nema Care
- Age Ventures India
- Piramal Swasthya
- Jeevan Suraksha
- Kriti Elder Care
- Emoha Elder Care *
- Company Profiles
*Key pointers provided are also applicable to other companies covered in the scope of the report.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
Related Reports –
About Us
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