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.
Browse over XX market data Figures spread
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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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