Press Release

Spain Elderly Care Services Market to Grow with a CAGR of 7.28% through 2030

Increased Focus on Preventive Care is expected to drive the Spain Elderly Care Services Market growth in the forecast period, 2026-2030.


According to TechSci Research report, “Spain Elderly Care Services Market- By Region, Competition, Forecast and Opportunities, 2020-2030F”, the Spain Elderly Care Services Market was valued at USD 7.89 Billion in 2024 and is anticipated to grow with a CAGR of 7.28% through 2030. An Increased Focus on Preventive Care is becoming a major driver in Spain's elderly care services market, as the country adapts to its aging population. With life expectancy rising and chronic conditions becoming more prevalent, Spain is shifting toward preventive healthcare measures to enhance long-term well-being. Early intervention through screenings, health education, and chronic disease management helps avoid expensive treatments and hospital admissions, improving elderly care outcomes.

The Spanish healthcare system is incorporating wellness programs, exercise initiatives, and nutritional support to help seniors maintain better health. Preventive care also alleviates pressure on public healthcare systems, making it more efficient. Technological innovations such as telemedicine, remote monitoring, and health apps enable real-time tracking, which further facilitates early detection and timely intervention. This emphasis on preventive care is driving the demand for services that support aging in place and help manage chronic conditions proactively. As a result, home-based care services are gaining popularity, allowing for personalized care that minimizes the need for hospitalization. This trend is set to continue, fueling growth in Spain's elderly care market, particularly in regions with limited healthcare access.

 

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The Spain Elderly Care Services Market is segmented into service type, service provider, regional distribution, and company.

Based on the Service Type, the Institutional Care emerged as the dominating segment in the Spain Elderly Care Services market in 2024. As Spain’s elderly population continues to increase, the number of individuals with complex health conditions, such as advanced dementia, mobility impairments, and chronic diseases, is also rising. These individuals often require ongoing medical supervision and specialized care, which can typically only be provided in institutional settings like nursing homes or long-term care facilities. For those lacking family support, institutional care presents a viable solution with trained staff available around the clock. The Spanish government’s funding for institutional care makes it more affordable, particularly for low-income individuals, with public care homes offering subsidized services that appeal to a broader segment of the elderly population. Although home-based care is on the rise, institutional care continues to be in high demand due to its ability to offer more comprehensive services, especially for those with serious health conditions or who need rehabilitation. Spain’s well-established network of care homes is integrated into the healthcare system, providing not just basic living services but also access to medical professionals, physiotherapists, and specialized treatments. As a result, institutional care remains a key segment of Spain’s elderly care services market, fulfilling the needs of those requiring long-term and specialized support.  

Based on the region, the Aragon & Catalonia emerged as the fastest growing region in the Spain Elderly Care Services market during the forecast period. Aragon and Catalonia are witnessing a significant rise in their elderly populations, particularly in Catalonia, where cities like Barcelona have a higher concentration of seniors. This has led to a greater demand for healthcare and elderly care services. Catalonia, one of Spain's most advanced regions, boasts a strong healthcare system and continues to invest in expanding its elderly care facilities, with both public and private care homes being developed to meet the rising demand. Regional governments in both Aragon and Catalonia are implementing various policies, including financial support and subsidies, while promoting innovative care solutions like telemedicine and home care to enhance accessibility. Catalonia’s appealing climate and quality of life make it a popular destination for retirees, both domestic and international, further driving demand for specialized elderly care services. As the elderly population grows, both regions are focusing on personalized and specialized care, such as preventive treatments, rehabilitation, and palliative care, fueling demand for more comprehensive services. This combination of factors has contributed to the rapid expansion of the elderly care services market in both regions.


Major companies operating in Spain Elderly Care Services Market are:

  • EMEIS Group
  • Korian Group
  • Colisée España
  • DomusVi SAS
  • CARE FOR ME NURSING SERVICES SL
  • British Care Services
  • Geriasistencia SL

 

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“As Spain’s elderly population expands, there is a noticeable shift towards more tailored and adaptable care options. The increase in life expectancy has underscored the importance of a comprehensive approach that combines medical treatment with emotional and social support. This trend has fueled the growing use of technology in elderly care, including telehealth services and remote monitoring solutions. With both public and private sectors responding to these evolving needs, Spain’s elderly care market is positioned for sustained growth and innovation, meeting the demands of an aging population with more efficient and personalized services”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Spain Elderly Care Services Market By Service Type (Institutional Care, Community-Based Care, Home-Based Care), By Service Provider (Public, Private), By Region, Competition, Forecast and Opportunities, 2020-2030F”, has evaluated the future growth potential of Spain Elderly Care Services Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Spain Elderly Care Services Market.

 

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