Europe Elderly Care Market – Industry Trends and Forecast to 2025

  • Healthcare IT
  • Published Report
  • Jul 2018
  • Europe
  • 166 Pages
  • No of Tables: 25
  • No of Figures: 105

Europe Elderly Care Market, By Product Type (Pharmaceuticals, Housing and Assistive Devices), Servic(Institutional Care, Homecare, Adult Day Care), Application (Heart Diseases, Cancer, Kidney Diseases, Diabetes, Arthritis, Osteoporosis, Neurological,Respiratory and Others), Geography (Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) – Industry Trends and Forecast to 2025;

Europe Elderly Care Market is expected to grow at a lucrative rate of CAGR in the assessment period. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Prominent factors driving the growth of this market consist of rising patient pool for chronic illness in ageing population, rising awareness of home care services, increasing geriatric population, Insurance coverage and government initiatives to provide cost-effective medical treatment for ageing population.

Market Segmentation: Europe Elderly Care Market

  • The Europe elderly care market is segmented based on products type into two segments; housing and assistive devices and pharmaceuticals. In 2018, housing and assistive devices products segment is valued to rule with the highest market share 2025, rising at the highest CAGR of 6.4%.
  • The Europe elderly care market is segmented in service into homecare, institutional care and adult day care. In 2018, homecare segment is valued to rule with the highest market shares by 2025, rising at the highest CAGR.
  • Homecare is further sub segmented into health care, non-medical care. Healthcare is segmented into medical care, physiotherapy services, telehealth, palliative care and hospice care. Non-medical is segmented into personal care and rehabilitation others. Institutional care is segmented into hospital based, independent senior living, assisted living and nursing home.
  • The Europe elderly care market is segmented in Application into heart diseases, respiratory, diabetes, osteoporosis, cancer, neurological, kidney diseases, arthritis and others. In 2018, heart diseases segment is valued to rule with highest market shares and rising at the highest CAGR.
  • Based on Europe, the market is segmented into 11 countries: Germany, France, U.K., Italy, Spain, Netherlands, Switzerland, Russia, Turkey, Belgium and Rest of Europe.

Key Drivers: Europe Elderly Care Market

Prominent factors driving the growth of this market consist of rising patient pool for chronic illness in ageing population, rising awareness of home care services, increasing geriatric population, Insurance coverage and government initiatives to provide cost-effective medical treatment for ageing population

Key Points: Europe Elderly Care Market

In 2017, the Europe elderly care market is dominated by Koninklijke Philips N.V. with market share of 34.1% followed by Right at Home, LLC. 18.2%, BAYADA Home Health Care 14.9%, and others 32.8%

  • The Housing and Assistive Devices segment is dominating the Europe elderly care market.
  • Homecare segment is expected to show the highest CAGR 6.8% million by 2025 in the forecast period 2018 to 2025.

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