Stratview Research has recently published a report on the Assisted Living Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2023 to 2028.

The market is segmented by Service Type (Cooking, Personal Care [Bathing and Dressing], Housekeeping and Laundry, Monitoring Medication, and Others), by Facility Type (Adult Family Home, Community-Based Residential Facility, and Residential Care Apartment Complex), by Gender Type (Men and Women), by Age Group Type (Less than 65 Years, 65-74 Years, 75-84 Years, and More than 85 Years), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Assisted Living Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Assisted Living Market is likely to witness an impressive CAGR of 10.5% during the forecast period.

Some of the companies drive the market growth:

  • ABB Group
  • Assisted Living Technologies, Inc.
  • Atria Senior Living
  • Emeritus Corporation
  • Extendicare, Inc.
  • Ingersoll Rand Plc
  • Legrand S.A.
  • Panasonic Corporation
  • Sunrise Senior Living, Inc
  • United Technologies Corporation.

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Segment Analysis

By Gender Type

The market is segmented as men and women. Women are the dominant gender type and are expected to witness significant growth in the market during the forecast period.

The growth of the segment is driven by the greater life expectancy of women, their higher rates of disability and chronic health problems, and lower-income as compared to men.

By Region

North America is expected to be the leading region in the market during the forecast period. The region’s market is driven by the increasing demand for assisted living, improved services, and high-quality care for the elderly. In addition, the growing geriatric population is expected to fuel the regional market growth.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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