Europe Home Care & Assisted Living Market to be dominated by Rehabilitation Services through 2028
Rising inclination toward
home care service to drive the Europe elderly care services market in the
forecast period, 2024-2028.
According to TechSci Research
report, “Europe Home Care & Assisted
Living Market – By Region, Forecast and Opportunities, 2018-2028”, Europe home care &
assisted living market is anticipated to grow at a significant rate in the
forecast period, 2024-2028. The rising adoption of
advanced technology and innovation along with the large number of patients
suffering from life related diseases is augmenting the growth of the Europe
home care & assisted living market. There are multiple advancements already
being in use such as wearable devices, use of AI in devices, assistive medical
robots, and devices and others. These continuous advancements are made to
provide easy-to-use devices and services, such as Internet based home monitors,
telemedicine, and others, which is likely to fuel the market over the forecast
period. The use of home care and assisted living is very essential for elderly
population as they require assistance due to complex health issues.
However, the high cost associated with the home
care and assisted living services, lack of skilled professionals, and lack of awareness
among masses, may hamper the growth of the market in the forecast
period.
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data Figures spread through 80 Pages and an in-depth TOC on "Europe Home Care & Assisted Living Market"
The Europe Home
Care & Assisted Living market is segmented into service type, service
provider, country and company.
Based on service
type, the market is divided into rehabilitation services, nursing services,
personal care services, general well-being services, and others The rehabilitation services segment is expected to witness
a rise over the forecast period. This is attributed to the rising number of
surgeries, growing incidences of accidents and fractures.
Based on service
provider, the market is divided into public, and private. The private segment is anticipated to grow at a faster rate during the
forecast period. This is attributed to the presence of trained workers, and better
consultation and service to the consumers.
Major
companies operating in Europe home care & assisted living market are:
- Mears Group PLC
- Heritage Independent Living Ltd.
- Ashfield Healthcare Gmbh
- Bayada Home Health Care
- AB Care (European Service LLC)
- Korian Group
- Buurtzorg Nederland
- Legrand Group España, S.L.
- Orpea Group
- DomusVi SAS
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“Germany is expected to witness a significant growth in
the upcoming years, due to the presence of a various service providers, and support
from the government. Also, the country has all kinds of services such as
institutional services, daycare, vocational rehabilitation services, among
others. The improved living conditions, a large number of
facilities for senior residents and also the increased public and government
funding helps in improving care facilities, thus, in turn, strengthening the
growth of the market, which is expected to grow through 2028” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Europe
Home Care & Assisted Living Market, By Service Type (Rehabilitation
Services, Nursing Services, Personal Care Services, General Well Being
Services, Others), By Service Provider (Public, Private), By Country,
Competition Forecast & Opportunities, 2028”, has evaluated the future growth
potential of Europe home care & assisted living 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 Europe home care & assisted living market.
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