Navigation Links
BCC Research Publishes a New Report on U.S. Elder Care Market

Wellesley, Mass. (PRWEB) December 26, 2013

According to a new technical market research report, The Elder Care Market: Products and Services, from BCC Research (, the U.S. elder care market was valued at $286.7 billion in 2012 and is expected to increase to nearly $320 billion in 2013. BCC Research projects the market to grow to $436.6 billion by 2018, and register a five-year compound annual growth rate of 6.4% from 2013 to 2018.

The world population of individuals 65 and older is growing at an unprecedented pace, driven by better healthcare, nutrition and a dramatic decrease in infectious disease exposure. Life expectancy at the global level rose from 47 years between 1950 and 1955 to 65 years between 2000 and 2005, and is expected to reach 75 years between 2045 and 2050. Increasing longevity brings with it a variety of opportunities for elders to participate more fully in society; it also brings a variety of challenges. With more than 12% of the global population over 65 years old, communities increasingly face the challenge of providing appropriate healthcare, housing, and technologies that accommodate and enhance this segment’s daily life.

In the U.S., the threat of overwhelming infectious diseases has continually diminished, but infectious diseases have been replaced by chronic diseases that require prescription medications, possible surgery, and rehabilitative care. Heart disease and cancer pose the greatest risks as people age, as do other chronic diseases and conditions, such as stroke, chronic lower respiratory diseases (e.g., chronic obstructive pulmonary disease [COPD]), dementia, and diabetes. Currently, more than two-thirds of all healthcare costs are for treating chronic diseases. While one-third of seniors remain active and healthy, the remaining two-thirds typically have more than one chronic illness. Seniors typically have a higher proportion of chronic illnesses than other segments of the population.

The issue of adequate and appropriate housing for seniors, as well as appropriate care giving, is a growing concern. Overwhelmingly, seniors wish to “age-in-place” in settings that are familiar. However, as the number of elderly individuals who reside within a family structure decreases and the role of extended families diminishes, perceptions in respect to inter-generational support and caring for older persons are being altered. Recent studies reveal that 20% of seniors will need long-term care for more than five years.

This report from BCC Research provides a broad background on the structure of the U.S. elder-care healthcare market and the chief issues it faces. It offers the information needed to understand the current market and to address the emerging one. Comparisons with the elder-care market in Europe, Asia and developing countries are provided. In addition, this study offers forecasts by product segment (i.e., pharmaceuticals, housing and assistive devices, and technology) from 2013 through 2018, including supporting analyses for projections.

Report segments include a demographic background of the market in the U.S. and worldwide, healthcare products and services, housing services and needs, and assistive technologies for the elder-care market. International markets are discussed and information is provided on industry structure. Profiles of leading companies involved in the elder-care pharmaceutical, housing, and assistive device industries are provided. Information on company placement within the designated market and strategic analyses of the company’s available and emerging products are also provided.

This report is intended for business planners, acquisitions specialists, licensing strategists, product managers, investor consultants and others interested in the elder-care market, its products, participants, and future.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Healthcare Cold Chain Logistics Industry 2018 Forecasts Research Report Now Available at
2. New Research on Skin Benefits of Alpha Lipoic Acid Announced by Ethical Alternative Products
3. Contract Research Organization WCCT Global Announces Milestone for Clinical Study Completion
4. Global and China Monoclonal Antibody Industry Report 2013 Analysis and 2017 Market Focus by
5. Cardiac Pacemakers Procurement Research Report Now Available from IBISWorld
6. Global Hernia Repair Devices Market is Expected to Reach USD5.9 Billion in 2019: Transparency Market Research
7. Juice Production in the US Industry Market Research Report from IBISWorld Has Been Updated
8. BCC Research Publishes a New Report on Global In Vitro Toxicity Testing Market
9. Microfluidics Market to Grow at a CAGR of 17.6% to 2018 Forecasts in New Research Report at
10. Dry Eye Linked to Dehydration and Stress Reports Water and Eye Researcher
11. China Medical Monitor Industry 2013 Analysis & 2015 Forecasts in New Research Report at
Post Your Comments:
(Date:11/29/2015)... , ... November 29, 2015 , ... Effective immediately, every ... In addition starting on Black Friday Target is offering a “Buy One Scrub Set, ... is a rare opportunity to purchase IguanaMed at a discounted price. , ...
(Date:11/28/2015)... ... 28, 2015 , ... Beginning November 30th at 6:00 a.m. EST until 11:59 p.m. EST, ... possible savings of up to 20% off orders $80 or more to free gifts with ... few hours. , As a competitive e-commerce website for skin care and cosmetic needs, customers ...
(Date:11/27/2015)... Denver, CO (PRWEB) , ... November 27, 2015 , ... ... U.S. cities are not changing the way that they are handling security in light ... increasing police and security presence in an attempt to stop an attack from reaching ...
(Date:11/27/2015)... ... ... Lizzie’s Lice Pickers just announced a special promotion that will run throughout ... of lice treatment product. In addition, customers will receive a complimentary head Check when ... is a sure way to ruin the holidays, so we encourage all of our ...
(Date:11/27/2015)... , ... November 27, 2015 , ... ... the well-respected Microsoft Dynamics SL User Group (MSDSLUG). Recognized as Microsoft’s official group ... group of Microsoft Dynamics SL software users, partners, industry experts and representatives. Intellitec ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... DUBLIN , November 26, 2015 /PRNewswire/ ... the addition of the "2016 Future ... Drugs of Abuse Testing Market: Supplier Shares, ... report to their offering. --> ... of the "2016 Future Horizons and ...
(Date:11/26/2015)... Research and Markets ( ) has announced the ... Type (Dressings, Therapy Devices, Active Wound Care), Application (Surgical ... Geography - Global Forecast to 2020" report to ... --> The purpose of this report is to ... advanced wound care market. It involves deep dive analysis ...
(Date:11/26/2015)... , November 26, 2015 ... --> adds "Global Repaglinide ... "Investigation Report on China Repaglinide Market, ... forecasts data and information to its ... . --> ...
Breaking Medicine Technology: