In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.

Abstract (en): The Research on Early Life and Aging Trends and Effects (RELATE) study compiles cross-national data that contain information that can be used to examine the effects of early life conditions on older adult health conditions, including heart disease, diabetes, obesity, functionality, mortality, and self-reported health. The complete cross sectional/longitudinal dataset (n=147,278) was compiled from major studies of older adults or households across the world that in most instances are representative of the older adult population either nationally, in major urban centers, or in provinces. It includes over 180 variables with information on demographic and geographic variables along with information about early life conditions and life course events for older adults in low, middle and high income countries. Selected variables were harmonized to facilitate cross national comparisons. In this first public release of the RELATE data, a subset of the data (n=88,273) is being released. The subset includes harmonized data of older adults from the following regions of the world: Africa (Ghana and South Africa), Asia (China, India), Latin America (Costa Rica, major cities in Latin America), and the United States (Puerto Rico, Wisconsin). This first release of the data collection is composed of 19 downloadable parts: Part 1 includes the harmonized cross-national RELATE dataset, which harmonizes data from parts 2 through 19. Specifically, parts 2 through 19 include data from Costa Rica (Part 2), Puerto Rico (Part 3), the United States (Wisconsin) (Part 4), Argentina (Part 5), Barbados (Part 6), Brazil (Part 7), Chile (Part 8), Cuba (Part 9), Mexico (Parts 10 and 15), Uruguay (Part 11), China (Parts 12, 18, and 19), Ghana (Part 13), India (Part 14), Russia (Part 16), and South Africa (Part 17). The Health and Retirement Study (HRS) was also used in the compilation of the larger RELATE data set (HRS) (N=12,527), and these data are now available for public release on the HRS data products page. To access the HRS data that are part of the RELATE data set, please see the collection notes below. The purpose of this study was to compile and harmonize cross-national data from both the developing and developed world to allow for the examination of how early life conditions are related to older adult health and well being. The selection of countries for this study was based on their diversity but also on the availability of comprehensive cross sectional/panel survey data for older adults born in the early to mid 20th century in low, middle and high income countries. These data were then utilized to create the harmonized cross-national RELATE data (Part 1). Specifically, data that are being released in this version of the RELATE study come from the following studies: CHNS (China Health and Nutrition Study) CLHLS (Chinese Longitudinal Healthy Longevity Survey) CRELES (Costa Rican Study of Longevity and Healthy Aging) PREHCO (Puerto Rican Elderly: Health Conditions) SABE (Study of Aging Survey on Health and Well Being of Elders) SAGE (WHO Study on Global Ageing and Adult Health) WLS (Wisconsin Longitudinal Study) Note that the countries selected represent a diverse range in national income levels: Barbados and the United States (including Puerto Rico) represent high income countries; Argentina, Cuba, Uruguay, Chile, Costa Rica, Brazil, Mexico, and Russia represent upper middle income countries; China and India represent lower middle income countries; and Ghana represents a low income country. Users should refer to the technical report that accompanies the RELATE data for more detailed information regarding the study design of the surveys used in the construction of the cross-national data. The Research on Early Life and Aging Trends and Effects (RELATE) data includes an array of variables, including basic demographic variables (age, gender, education), variables relating to early life conditions (height, knee height, rural/urban birthplace, childhood health, childhood socioeconomic status), adult socioeconomic status (income, wealth), adult lifestyle (smoking, drinking, exercising, diet), and health outcomes (self-reported health, chronic conditions, difficulty with functionality, obesity, mortality). Not all countries have the same variables. Please refer to the technical report that is part of the documentation for more detail regarding the variables available across countries. Sample weights are applicable to all countries exc...

IntroductionNontraumatic subarachnoid hemorrhage (ntSAH) often results from a ruptured aneurysm and correlates with significant morbidity and mortality, particularly among the older population. Despite its impact, limited comprehensive studies evaluate the longitudinal trends in ntSAH-related mortality in older adults in the United States (US).MethodsThe authors conducted a retrospective analysis using the CDC WONDER database from 1999 to 2020, analyzing Multiple Cause-of-Death Public Use death certificates to identify ntSAH as a contributing factor in the death of adults aged 65 years and older. We calculated age-adjusted mortality rates (AAMR) and annual percent change (APC) to examine trends across demographic variables such as sex, race/ethnicity, urbanization, and states/census region.ResultsA total of 78,260 ntSAH-related deaths (AAMR 8.50 per 100,000 individuals) occurred among older adults in the US from 1999 to 2020. The overall AAMR for ntSAH decreased from 9.98 in 1999 to 8.67 in 2020 with an APC of −0.7% [95% CI (−1.0, −0.3)]. However, the authors observed a noticeable rise from 2013 to 2020 with an APC of 1.7% [95% CI (0.8, 2.6)]. Sex, racial, and regional disparities were evident with higher mortality rates for ages 85 or greater (crude mortality rate 16.6), women (AAMR 9.55), non-Hispanic Asian or Pacific Islander (AAMR 12.5), and micropolitan areas (AAMR 8.99), and Western US (AAMR 8.65).ConclusionMortality from ntSAH increases with age, affects women disproportionately, and occurs more often in an inpatient setting. These findings necessitate targeted, multi-dimensional health policies and clinical interventions. Specialties beyond neurosurgery can utilize this data for improved risk stratification and early treatment. Policymakers should focus on equitable resource allocation and community-level interventions to mitigate these trends effectively.

For more than three decades UCSUR has documented the status of older adults in the County along multiple life domains. Every decade we issue a comprehensive report on aging in Allegheny County and this report represents our most recent effort. It documents important shifts in the demographic profile of the population in the last three decades, characterizes the current status of the elderly in multiple life domains, and looks ahead to the future of aging in the County. This report is unique in that we examine not only those aged 65 and older, but also the next generation old persons, the Baby Boomers. Collaborators on this project include the Allegheny County Area Agency on Aging, the United Way of Allegheny County, and the Aging Institute of UPMC Senior Services and the University of Pittsburgh.

The purpose of this report is to provide a comprehensive analysis of aging in Allegheny County. To this end, we integrate survey data collected from a representative sample of older county residents with secondary data available from Federal, State, and County agencies to characterize older individuals on multiple dimensions, including demographic change and population projections, income, work and retirement, neighborhoods and housing, health, senior service use, transportation, volunteering, happiness and life satisfaction, among others. Since baby boomers represent the future of aging in the County we include data for those aged 55-64 as well as those aged 65 and older.

Support for Health Equity datasets and tools provided by Amazon Web Services (AWS) through their Health Equity Initiative.

Graph and download economic data for Population ages 65 and above for the United States (SPPOP65UPTOZSUSA) from 1960 to 2024 about 65-years +, population, and USA.

The number of Americans aged 65 and over with Alzheimer's disease is projected to more than double by 2060, reaching **** million. This significant increase highlights the growing challenge of caring for an aging population, particularly those affected by dementia. As the prevalence of Alzheimer's rises, it will have far-reaching impacts on healthcare, families, and society as a whole. Aging population trends The surge in Alzheimer's cases is closely tied to broader demographic shifts in the United States. By 2050, it's estimated that 22 percent of the American population will be 65 years or older, up from 17.3 percent in 2022. This rapid aging of the population is expected to strain healthcare systems and change the nature of work and retirement. Challenges of aging in place As the number of older adults with Alzheimer's increases, there is a growing desire among seniors to age in their own homes. A 2024 survey found that ************** of adults aged 50 and older strongly or somewhat agreed they would like to remain in their current residence for as long as possible. This preference is even stronger among those 65 and older, with ** percent expressing this desire. However, the ability to age in place may be compromised by declining physical capabilities, as only about *** in **** adults aged 72 and older reported being fully able to perform self-care and mobility activities in 2021.

Gerontology Aging Market Outlook

The global gerontology aging market size was valued at USD 780 billion in 2023 and is projected to reach USD 1,350 billion by 2032, growing at a CAGR of 6.3% during the forecast period. This robust growth is primarily driven by the increasing aging population worldwide, advancements in medical technology, and rising awareness about the importance of elderly care.

One of the primary growth factors for the gerontology aging market is the rapidly increasing elderly population across the globe. With advancements in healthcare, life expectancy has significantly increased, resulting in a higher percentage of the population being aged 65 and above. The World Health Organization (WHO) estimates that by 2050, the global population aged 60 years and older will total 2 billion, up from 900 million in 2015. This demographic shift necessitates enhanced geriatric care services and facilities, thus fueling market growth.

Another significant driver is the rising prevalence of chronic diseases among the elderly. Conditions such as arthritis, diabetes, cardiovascular diseases, and dementia are more common in older adults. Managing these chronic illnesses requires specialized care and services, which contributes to the expansion of the gerontology aging market. Additionally, the increasing awareness and focus on preventive healthcare measures among the elderly population is pushing the demand for wellness and prevention services.

Technological advancements in healthcare are also playing a crucial role in the growth of the gerontology aging market. Innovations such as telemedicine, remote patient monitoring, and electronic health records are enhancing the quality of care for the elderly. These technologies enable continuous monitoring of health conditions, timely medical interventions, and better management of chronic diseases, thereby improving the overall healthcare experience for the aging population.

Regionally, North America holds a significant share of the gerontology aging market due to its advanced healthcare infrastructure, high healthcare expenditure, and the presence of major market players. Europe follows closely, driven by a large elderly population and government initiatives supporting elderly care. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, attributed to the increasing aging population, improving healthcare infrastructure, and rising healthcare awareness.

Service Type Analysis

The gerontology aging market is segmented by service type into home care, adult day care, and institutional care. Each of these services addresses different needs and preferences of the elderly population, contributing uniquely to the market's growth.

Home care services are gaining popularity due to the preference for aging in place among the elderly. These services include personal care, medical care, and assistance with daily activities, allowing older adults to stay in their homes while receiving necessary support. The convenience and comfort of home care, coupled with technological advancements such as telehealth and home monitoring systems, are driving the growth of this segment.

Adult day care services provide a safe and supportive environment for elderly individuals during the day, offering social activities, meals, and healthcare services. These facilities are particularly beneficial for older adults who require supervision and assistance but do not need full-time residential care. The increasing number of dual-income families and the need for respite care for caregivers are significant factors contributing to the growth of the adult day care segment.

Institutional care, which includes nursing homes and assisted living facilities, remains a crucial component of the gerontology aging market. These institutions provide comprehensive care for elderly individuals who require constant medical attention and support. The demand for institutional care is driven by the rising prevalence of chronic diseases and the need for specialized care that cannot be provided at home. Additionally, the development of advanced facilities with specialized units for conditions like dementia and Alzheimer’s disease is boosting this segment.

Report Scope

A data set of a multicohort study of persons 70 years of age and over designed primarily to measure changes in the health, functional status, living arrangements, and health services utilization of two cohorts of Americans as they move into and through the oldest ages. The project is comprised of four surveys: * The 1984 Supplement on Aging (SOA) * The 1984-1990 Longitudinal Study of Aging (LSOA) * The 1994 Second Supplement on Aging (SOA II) * The 1994-2000 Second Longitudinal Study of Aging (LSOA II) The surveys, administered by the U.S. Census Bureau, provide a mechanism for monitoring the impact of proposed changes in Medicare and Medicaid and the accelerating shift toward managed care on the health status of the elderly and their patterns of health care utilization. SOA and SOA II were conducted as part of the in-person National Health Interview Survey (NHIS) of noninstitutionalized elderly people aged 55 years and over living in the United States in 1984, and at least 70 years of age in 1994, respectively. The 1984 SOA served as the baseline for the LSOA, which followed all persons who were 70 years of age and over in 1984 through three follow-up waves, conducted by telephone in 1986, 1988, and 1990. The SOA covered housing characteristics, family structure and living arrangements, relationships and social contracts, use of community services, occupation and retirement (income sources), health conditions and impairments, functional status, assistance with basic activities, utilization of health services, nursing home stays, and health opinions. Most of the questions from the SOA were repeated in the SOA II. Topics new to the SOA II included use of assistive devices and medical implants; health conditions and impairments; health behaviors; transportation; functional status, assistance with basic activities, unmet needs; utilization of health services; and nursing home stays. The major focus of the LSOA follow-up interviews was on functional status and changes that had occurred between interviews. Information was also collected on housing and living arrangements, contact with children, utilization of health services and nursing home stays, health insurance coverage, and income. LSOA II also included items on cognitive functioning, income and assets, family and childhood health, and more extensive health insurance information. The interview data are augmented by linkage to Medicare enrollment and utilization records, the National Death Index, and multiple cause-of-death records. Data Availability: Copies of the LSOA CD-ROMs are available through the NCHS or through ICPSR as Study number 8719. * Dates of Study: 1984-2000 * Study Features: Longitudinal * Sample Size: ** 1984: 16,148 (55+, SOA) ** 1984: 7,541(70+, LSOA) ** 1986: 5,151 (LSOA followup 1) ** 1988: 6,921 (LSOA followup 2) ** 1990: 5,978 (LSOA followup 3) ** 1994-6: 9,447 (LSOA II baseline) ** 1997-8: 7,998 (LSOA II wave 2) ** 1999-0: 6,465 (LSOA II wave 3) Link: * LSOA 1984-1990 ICPSR: http://www.icpsr.umich.edu/icpsrweb/ICPSR/studies/08719

Around 7.7% of Americans have asthma, including 20.2 million adults and 4.6 million children. This study examines asthma mortality trends and disparities across U.S. demographic and geographic groups from 1999 to 2020. A retrospective analysis was conducted using the CDC WONDER database to examine asthma-related deaths in the U.S. from 1999 to 2020. Age-adjusted mortality rates (AAMRs) and crude mortality rates (CMRs) per 100,000 were calculated. Trends and annual percent changes (APCs) were assessed overall and stratified by sex, race, region, and age. From 1999 to 2020, the U.S. recorded 221 161 asthma-related deaths (AAMR: 3.07), mostly in medical facilities. Mortality declined from 1999 to 2018 (APC: −1.53%) but surged from 2018 to 2020 (APC: 28.63%). Females, NH Blacks, and NH American Indians had the highest mortality rates. Older adults (≥65) had the greatest burden, with younger groups showing notable increases post-2018. Rural areas and the West reported slightly higher rates than urban and other regions. Hawaii and the District of Columbia had the highest AAMRs, while Florida and Nevada had the lowest. Asthma-related mortality in the U.S. declined until 2018 but sharply increased from 2018 to 2020, with rises across all demographic groups, regions, and settings. Females, NH Blacks, and older adults consistently had higher mortality rates, while younger age groups showed recent alarming increases. Targeted interventions are urgently needed to address inequities and recent mortality surges.

Overview The Dartmouth Institute for Health Policy and Clinical Practice (TDI) has created a publicly available source of data that provides researchers, payers, regulators, and innovators with metrics that quantify temporal and regional patterns of health care spending and utilization in the United States. Using CMS Medicare claims data (mostly for age >64 enrollees), Atlas researchers built cohorts (“denominators”) and numerous measures or events (“numerators”) which were then used to calculate rates either by geography or for patients assigned to specific hospitals. These rates, which are calculated consistently across time and place, provide researchers with opportunities to evaluate spatial and temporal variation/trends. This entry contains rates for a wide variety of measures related to the quality of care for older adults in 2012. For a subset of these measures, rates are also provided for two specific groups of older adults: those with multiple chronic conditions and those with dementia. All rates are provided at the hospital referral region (HRR) level and where appropriate, rates have been adjusted for age, sex, and race. Users downloading data should review the methods sections of the related publication for context. All reports in the Dartmouth Atlas of Health Care series are available from the National Library of Medicine https://www.ncbi.nlm.nih.gov/books/NBK584737/

In 2023, the median age of the population of the United States was 39.2 years. While this may seem quite young, the median age in 1960 was even younger, at 29.5 years. The aging population in the United States means that society is going to have to find a way to adapt to the larger numbers of older people. Everything from Social Security to employment to the age of retirement will have to change if the population is expected to age more while having fewer children. The world is getting older It’s not only the United States that is facing this particular demographic dilemma. In 1950, the global median age was 23.6 years. This number is projected to increase to 41.9 years by the year 2100. This means that not only the U.S., but the rest of the world will also have to find ways to adapt to the aging population.

Snapshot img

US Senior Living Market Size 2025-2029

The senior living market in US size is forecast to increase by USD 30.58 billion at a CAGR of 5.9% between 2024 and 2029.

The senior living market is experiencing significant growth due to various driving factors. One of the primary factors is the aging population, as the number of seniors continues to increase, the demand for services is also rising. Another key trend is the integration of technology into senior living facilities, which enhances the quality of care and improves the overall living experience for seniors. Innovations in artificial intelligence, data analytics, predictive modeling, and personalized care plans are disrupting traditional care models and improving overall financial sustainability through cost containment and value-based care. However, affordability remains a challenge for many seniors and their families, as the cost of services can be prohibitive. This report provides a comprehensive analysis of these factors and more, offering insights into the current state and future direction of the market.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The market encompasses a range of services designed to address the unique needs of an aging population, including long-term care, end-of-life care, palliative care, hospice care, respite care, adult day care, home health services, geriatric care, and various forms of cognitive and behavioral health support. This market is driven by demographic trends, with the global population of individuals aged 65 and above projected to reach 1.5 billion by 2050. 


Key challenges in this market include addressing cognitive decline, social isolation, fall prevention, medication management, nutritional support, mobility assistance, personal care assistance, continence management, and other aspects of daily living. Additionally, there is a growing focus on quality of life, resident satisfaction, staffing ratios, caregiver training, technology adoption, and regulatory compliance. The aging services network is evolving to provide a continuum of care, from independent living to palliative care, with a focus on evidence-based practices, industry best practices, and regulatory compliance.

How is this market segmented, and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Service TypeAssisted livingIndependent livingCCRCAge GroupAge 85 and olderAge 66-84Age 65 and underBy TypeMedical ServicesNon-Medical ServicesDistribution ChannelDirect SalesAgency ReferralsOnline PlatformsEnd-UserBaby BoomersSilent GenerationGen XGeographyUS

By Service Type Insights

The assisted living segment is estimated to witness significant growth during the forecast period. Assisted living communities cater to seniors who require assistance with daily activities but do not necessitate full-time nursing care. These residences offer a combination of personalized care, social engagement, and medical support in a secure and comfortable setting. The market is experiencing growth due to the expanding aging population, rising life expectancy, and a preference for home-like environments over traditional nursing homes. Personalized care services are a defining feature of assisted living. Residents receive aid with activities of daily living, such as bathing, dressing, grooming, medication management, and mobility assistance, based on their individual needs.
Trained staff members are available 24/7 to ensure the safety and well-being of residents. Memory care communities are a specialized segment within assisted living, designed for seniors with Alzheimer's disease and other forms of dementia. These facilities provide secure environments and specialized care techniques to address the unique needs of these residents. Independent living communities offer seniors the opportunity to live in a social, active environment while maintaining their independence. These communities provide housing solutions with minimal support services, such as meal preparation and housekeeping. Nursing care homes and skilled nursing facilities offer comprehensive care for seniors with chronic health conditions and complex care needs.

Get a glance at the market report of share of various segments Request Free Sample

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US Senior Living Market?

An aging population is the key driver of the market. The market in the US is experiencing significant growth due

Retirement Communities Market Outlook

The global retirement communities market size was valued at approximately USD 250 billion in 2023 and is projected to reach around USD 400 billion by 2032, growing at a CAGR of about 5%. This growth is primarily driven by the aging global population, an increase in life expectancy, and changing lifestyle preferences among seniors. The shift towards comprehensive care and the integration of health and wellness services within retirement communities have further fueled this market's expansion. As societies worldwide continue to experience demographic shifts, the demand for retirement communities that offer a blend of healthcare, hospitality, and recreational amenities is expected to surge, underpinning the robust growth trajectory of the sector.

The burgeoning aging population is one of the primary growth factors for the retirement communities market. As advances in healthcare continue to improve life expectancy, a significant proportion of the global population is projected to fall within the senior age bracket, necessitating adequate living solutions for them. This demographic shift is particularly pronounced in developed regions such as North America and Europe, where a considerable percentage of the population is transitioning into retirement age. Additionally, emerging economies in Asia Pacific are also witnessing an increase in the elderly population, driven by improved healthcare infrastructure and living standards. This demographic evolution necessitates the development of retirement communities equipped with facilities that cater to both the healthcare and lifestyle needs of seniors.

Another significant growth factor is the increased financial independence and spending power among seniors. With many from the baby boomer generation having accrued substantial savings and investments, there is a growing willingness to spend on quality living environments that provide comfort, security, and access to healthcare and recreational activities. This financial capability, coupled with the desire for a community living environment that offers social interaction and reduces isolation, is a key driver for the retirement communities market. Furthermore, these communities are increasingly incorporating technology to enhance the quality of life for residents, with features such as telemedicine, smart home technologies, and digital health monitoring, which are appealing to the tech-savvy senior demographic.

Moreover, the changing societal norms and lifestyle preferences among the elderly are also contributing to the market's growth. TodayÂ’s seniors are more active and health-conscious than ever before, seeking retirement communities that offer wellness programs, fitness centers, and social activities that align with their lifestyle choices. The emphasis on holistic well-being has led to a rise in integrated community models that provide a continuum of care, from independent living to assisted living and nursing care, allowing seniors to age in place with dignity and peace of mind. This trend is expected to intensify in the coming years, further propelling the growth of the retirement communities market globally.

In recent years, the concept of Smart Communities has emerged as a transformative force within the retirement sector. These communities leverage advanced technologies to create interconnected environments that enhance the quality of life for residents. By integrating smart home devices, IoT solutions, and data-driven services, Smart Communities offer personalized and efficient living experiences. This technological integration not only improves safety and convenience for seniors but also promotes sustainable living practices. As the demand for tech-savvy solutions grows, retirement communities are increasingly adopting smart technologies to meet the evolving expectations of their residents, positioning themselves at the forefront of innovation in senior living.

Regionally, North America currently holds the largest share of the retirement communities market, driven by a well-established infrastructure, high disposable incomes, and a significant aging population. Europe follows closely, benefiting from similar demographic trends and a strong emphasis on social welfare programs for the elderly. Meanwhile, the Asia Pacific region is anticipated to exhibit the highest growth rate over the forecast period, fueled by rapid urbanization, economic growth, and increasing healthcare investments. Countries such as China, Japan, and India are at the forefront of this expansion, as they adapt to th

In 2022, the state with the highest median age of its population was Maine at 45.1 years. Utah had the lowest median age at 32.1 years. View the distribution of the U.S. population by ethnicity here.

Additional information on the aging population in the United States

High birth rates during the so-called baby boom years that followed World War II followed by lower fertility and morality rates have left the United States with a serious challenge in the 21st Century. However, the issue of an aging population is certainly not an issue unique to the United States. The age distribution of the global population shows that other parts of the world face a similar issue.

Within the United States, the uneven distribution of populations aged 65 years and over among states offers both major challenges and potential solutions. On the one hand, federal action over the issue may be contentious as other states are set to harbor the costs of elderly care in states such as California and Florida. That said, domestic migration from comparably younger states may help to fill gaps in the workforce left by retirees in others.

Nonetheless, aging population issues are set to gain further prominence in the political and economic decisions made by policymakers regardless of the eventual distribution of America’s elderly. Analysis of the financial concerns of Americans by age shows many young people still decades from retirement hold strong concern over their eventual financial position.

The global market for elderly culture and entertainment is experiencing robust growth, driven by several key factors. The aging global population is a primary driver, with a significant increase in the number of individuals aged 65 and above. This demographic shift creates a burgeoning demand for age-appropriate content and experiences tailored to their specific needs and interests. Technological advancements, particularly in digital platforms and accessibility features, are further fueling market expansion. Streaming services, social media platforms, and specialized online communities are connecting older adults with entertainment and social interaction opportunities, thereby reducing feelings of isolation and promoting engagement. The increasing disposable income among older adults in developed economies also contributes significantly to market growth, as they have more financial resources to spend on leisure and entertainment. However, challenges remain, such as the digital literacy gap among some older adults and the need for more inclusive and accessible content. Market segmentation plays a crucial role. The market caters to various interests, including travel, arts and crafts, educational programs, health and wellness activities, and social engagement opportunities. The market is highly competitive, with a mix of established players and new entrants vying for market share. Companies like Fan Deng, TikTok, Kuaishou, Xiaonian Gao, Bilibili, YouTube, and Facebook are all actively involved, albeit with different strategies and target audiences. While some platforms focus on broad appeal, others cater to niche interests within the elderly demographic. Regional variations are also significant, influenced by factors such as cultural norms, technological penetration, and government initiatives supporting senior citizens. North America and Europe are currently leading the market, but significant growth potential exists in rapidly developing economies in Asia and Latin America, particularly given the accelerated aging process in these regions. We project continued substantial growth in this sector over the next decade, exceeding 10% compound annual growth rate, fueled by the expanding elderly population and ongoing technological advancements.

The geriatric care services market is experiencing robust growth, fueled by a rapidly aging global population and increasing prevalence of chronic diseases among older adults. The market's Compound Annual Growth Rate (CAGR) exceeding 6.50% from 2019-2024 suggests a significant expansion, projected to continue through 2033. This growth is driven by factors such as rising healthcare expenditure, increased demand for home healthcare services, technological advancements in geriatric care, and growing awareness of the importance of quality elder care. The market is segmented by therapeutic category (analgesics, antidiabetics, antihypertensives, antidepressants, and others) and end-user (hospital pharmacies, online pharmacies, and retail pharmacies). North America currently holds a significant market share, attributed to higher healthcare spending and an aging population in the United States and Canada. However, Asia-Pacific is expected to witness substantial growth in the coming years due to its rapidly expanding elderly population and improving healthcare infrastructure, particularly in countries like China and India. Competition in this market is intense, with major pharmaceutical companies like Pfizer, Merck, and Abbott playing key roles. The market faces challenges such as escalating healthcare costs, workforce shortages in the geriatric care sector, and regulatory hurdles for new drug approvals and services. The competitive landscape is shaped by the strategies employed by established players and emerging entrants. Large pharmaceutical companies are focusing on developing innovative geriatric-specific drugs and therapies, while smaller companies are concentrating on niche segments and providing specialized care services. The market is also witnessing the integration of technology through telehealth platforms, remote patient monitoring devices, and AI-driven diagnostics, improving care accessibility and efficiency. Regulatory changes related to healthcare financing and reimbursement policies will play a crucial role in shaping future market growth. Despite the challenges, the long-term outlook for the geriatric care services market remains exceptionally positive, driven by the unavoidable demographic trends of an aging global population and the increasing demand for quality care services for elderly individuals. Recent developments include: In October 2022, Cyclo Therapeutics, Inc. promulgated the commencement of its Phase 2b study of Trappsol Cyclo for the treatment of Alzheimer's disease (AD), targeting the reduction of amyloid beta and tau. The Phase 2b study has the regulatory and Institutional Regulatory Board (IRB) approval., In September 2022, Corium, Inc., launched ADLARITY (donepezil transdermal system) which is available in the United States for the treatment of patients with mild, moderate, or severe dementia of Alzheimer's type.. Key drivers for this market are: Rise in Affordability along with Availability of Products Specific to these Population, Steep Rise in Growth of Elderly Population and Prevalence of Chronic Conditions. Potential restraints include: Rise in Affordability along with Availability of Products Specific to these Population, Steep Rise in Growth of Elderly Population and Prevalence of Chronic Conditions. Notable trends are: Analgesics in the Therapeutics Segment is Expected to Witness Significant Growth Over the Forecast Period..

Long-Term Care Market Outlook

According to our latest research, the global Long-Term Care market size reached USD 1.25 trillion in 2024, reflecting a robust demand for comprehensive care services across the globe. The market is poised for significant expansion, projected to reach USD 2.34 trillion by 2033, growing at a steady CAGR of 7.2% during the forecast period. This sustained growth is primarily driven by the rapidly aging global population, increasing prevalence of chronic diseases, and a shifting preference towards home-based and personalized care services.

One of the principal growth factors for the Long-Term Care market is the demographic shift characterized by an unprecedented rise in the elderly population. Globally, the proportion of individuals aged 65 and above is increasing at a faster rate than any other age group. This demographic trend is particularly pronounced in developed economies such as Japan, Germany, and the United States, where advancements in healthcare have significantly extended life expectancy. As a result, there is a surging demand for a continuum of care services that cater to age-related health issues, functional disabilities, and chronic illnesses. This demographic transition is compelling both public and private sectors to invest in innovative long-term care solutions, including assisted living facilities, home healthcare, and nursing care, further fueling market expansion.

Another key driver propelling the Long-Term Care market is the increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and neurodegenerative conditions like Alzheimer’s and Parkinson’s disease. The management of these long-term conditions often requires ongoing medical attention, rehabilitation, and support with daily activities, which are integral services provided by long-term care providers. The growing burden of non-communicable diseases, coupled with the rising cost of acute care, is prompting healthcare systems and families to seek cost-effective alternatives that ensure quality of life and reduce hospital readmissions. The integration of technology, such as remote monitoring and telehealth, is also enhancing the efficiency and accessibility of long-term care services, making them more appealing to both patients and caregivers.

Furthermore, evolving societal attitudes towards aging and care are shaping the Long-Term Care market. There is a noticeable shift towards personalized, patient-centric care models that prioritize dignity, independence, and quality of life for the elderly and individuals with disabilities. This has led to the proliferation of diverse care settings, including adult day care centers, hospice and palliative care, and community-based services, all designed to provide holistic support. Additionally, government initiatives and policy reforms aimed at improving care standards, expanding insurance coverage, and incentivizing private investment are creating a favorable environment for market growth. However, the sector continues to face challenges such as workforce shortages, regulatory complexities, and disparities in access, which necessitate ongoing innovation and policy attention.

Regionally, North America dominates the Long-Term Care market, driven by a large aging population, well-established healthcare infrastructure, and robust insurance coverage. Europe follows closely, with significant investments in elder care and supportive government policies. The Asia Pacific region is emerging as a high-growth market, propelled by rapid urbanization, rising disposable incomes, and increasing awareness of long-term care needs. Latin America and the Middle East & Africa, while currently accounting for a smaller share, are witnessing gradual growth due to improving healthcare systems and demographic changes. Each region presents unique challenges and opportunities, shaped by cultural, economic, and policy factors that influence the adoption and delivery of long-term care services.

Service Type Analysis

The Long-Term Care

Purpose: To document recent trends in visual function among the United States population aged 70+ years and investigate how the trends can be explained by inter-temporal changes in: (1) population sociodemographic characteristics, and chronic disease prevalence, including eye diseases (compositional changes); and (2) effects of the above factors on visual function (structural changes). Methods: Data from the 1995 Asset and Health Dynamics among the Oldest Old (AHEAD) and the 2010 Health and Retirement Study (HRS) were merged with Medicare Part B claims in the interview years and the 2 previous years. Decomposition analysis was performed. Respondents from both studies were aged 70+ years. The outcome measure was respondent self-reported visual function on a 6-point scale (from 6 = blind to 1 = excellent). Results: Overall, visual function improved from slightly worse than good (3.14) in 1995 to slightly better than good (2.98) in 2010. A decline in adverse effects of aging on vision was found. Among the compositional changes were higher educational attainment leading to improved vision, and higher prevalence of such diseases as diabetes mellitus, which tended to lower visual function. However, compared to compositional changes, structural changes were far more important, including decreased adverse effects of aging, diabetes mellitus (when not controlling for eye diseases), and diagnosed glaucoma. Conclusion: Although the US population has aged and is expected to age further, visual function improved among elderly persons, especially among persons 80+ years, likely reflecting a favorable role of structural changes identified in this study in mitigating the adverse effect of ongoing aging on vision.

This dataset comprises the third follow-up of the baseline Hispanic EPESE, HISPANIC ESTABLISHED POPULATIONS FOR THE EPIDEMIOLOGIC STUDIES OF THE ELDERLY, 1993-1994: ARIZONA, CALIFORNIA, COLORADO, NEW MEXICO, AND TEXAS, and provides information on 1,682 of the original respondents. The Hispanic EPESE collected data on a representative sample of community-dwelling Mexican-American elderly, aged 65 years and older, residing in the five southwestern states of Arizona, California, Colorado, New Mexico, and Texas. The primary purpose of the series was to provide estimates of the prevalence of key physical health conditions, mental health conditions, and functional impairments in older Mexican Americans and to compare these estimates with those for other populations. The Hispanic EPESE attempted to determine whether certain risk factors for mortality and morbidity operate differently in Mexican Americans than in non-Hispanic White Americans, African Americans, and other major ethnic groups. The public-use data cover background characteristics (age, sex, type of Hispanic race, income, education, marital status, number of children, employment, and religion), height, weight, social and physical functioning, chronic conditions, related health problems, health habits, self-reported use of dental, hospital, and nursing home services, and depression. The follow-ups provide a cross-sectional examination of the predictors of mortality, changes in health outcomes, and institutionalization and other changes in living arrangements, as well as changes in life situations and quality of life issues. The vital status of respondents from baseline to this round of the survey may be determined using the Vital Status file (Part 2). This file contains interview dates from the baseline as well as vital status at Wave IV (respondent survived, date of death if deceased, proxy-assisted, proxy-reported cause of death, proxy-true). The first follow-up of the baseline data (Hispanic EPESE Wave II, 1995-1996 [ICPSR 3385]) followed 2,438 of the original 3,050 respondents, and the second follow-up (Hispanic EPESE Wave III, 1998-1999 [ICPSR 4102]) followed 1,980 of these respondents. Hispanic EPESE, 1993-1994 (ICPSR 2851), was modeled after the design of ESTABLISHED POPULATIONS FOR EPIDEMIOLOGIC STUDIES OF THE ELDERLY, 1981-1993: EAST BOSTON, MASSACHUSETTS, IOWA AND WASHINGTON COUNTIES, IOWA, NEW HAVEN, CONNECTICUT, AND NORTH CENTRAL NORTH CAROLINA and ESTABLISHED POPULATIONS FOR EPIDEMIOLOGIC STUDIES OF THE ELDERLY, 1996-1997: PIEDMONT HEALTH SURVEY OF THE ELDERLY, FOURTH IN-PERSON SURVEY DURHAM, WARREN, VANCE, GRANVILLE, AND FRANKLIN COUNTIES, NORTH CAROLINA.

Abstract

The multi-country Study on Global Ageing and Adult Health (SAGE) is run by the World Health Organization's Multi-Country Studies unit in the Health Systems and Innovation Cluster. SAGE is part of the unit's Longitudinal Study Programme which is compiling longitudinal data on the health and well-being of adult populations, and the ageing process, through primary data collection and secondary data analysis. SAGE baseline data (Wave 0, 2002/3) was collected as part of WHO's World Health Survey http://www.who.int/healthinfo/survey/en/index.html (WHS). SAGE Wave 2 (2014/15) provides a comprehensive data set on the health and well-being of adults in six low and middle-income countries: China, Ghana, India, Mexico, Russian Federation and South Africa.

Objectives: To obtain reliable, valid and comparable health, health-related and well-being data over a range of key domains for adult and older adult populations in nationally representative samples To examine patterns and dynamics of age-related changes in health and well-being using longitudinal follow-up of a cohort as they age, and to investigate socio-economic consequences of these health changes To supplement and cross-validate self-reported measures of health and the anchoring vignette approach to improving comparability of self-reported measures, through measured performance tests for selected health domains To collect health examination and biomarker data that improves reliability of morbidity and risk factor data and to objectively monitor the effect of interventions

Additional Objectives: To generate large cohorts of older adult populations and comparison cohorts of younger populations for following-up intermediate outcomes, monitoring trends, examining transitions and life events, and addressing relationships between determinants and health, well-being and health-related outcomes To develop a mechanism to link survey data to demographic surveillance site data To build linkages with other national and multi-country ageing studies To improve the methodologies to enhance the reliability and validity of health outcomes and determinants data To provide a public-access information base to engage all stakeholders, including national policy makers and health systems planners, in planning and decision-making processes about the health and well-being of older adults

Methods: SAGE's first full round of data collection included both follow-up and new respondents in most participating countries. The goal of the sampling design was to obtain a nationally representative cohort of persons aged 50 years and older, with a smaller cohort of persons aged 18 to 49 for comparison purposes. In the older households, all persons aged 50+ years (for example, spouses and siblings) were invited to participate. Proxy respondents were identified for respondents who were unable to respond for themselves. Standardized SAGE survey instruments were used in all countries consisting of five main parts: 1) household questionnaire; 2) individual questionnaire; 3) proxy questionnaire; 4) verbal autopsy questionnaire; and, 5) appendices including showcards. A VAQ was completed for deaths in the household over the last 24 months. The procedures for including country-specific adaptations to the standardized questionnaire and translations into local languages from English follow those developed by and used for the World Health Survey.

Content

Household questionnaire 0000 Coversheet 0100 Sampling Information 0200 Geocoding and GPS Information 0300 Recontact Information 0350 Contact Record 0400 Household Roster 0450 Kish Tables and Household Consent 0500 Housing 0600 Household and Family Support Networks and Transfers 0700 Assets and Household Income 0800 Household Expenditures 0900 Interviewer Observations

Verbal Autopsy questionnaire Section 1: Information on the Deceased and Date/Place of Death Section 1A7: Vital Registration and Certification Section 2: Information on the Respondent Section 3A: Medical History Associated with Final Illness Section 3B: General Signs and Symptoms Associated with Final Illness Section 3E: History of Injuries/Accidents Section 3G: Health Service Utilization Section 4: Background Section 5A: Interviewer Observations

Individual questionnaire 1000 Socio-Demographic Characteristics 1500 Work History and Benefits 2000 Health State Descriptions 2500 Anthropometrics, Performance Tests and Biomarkers 3000 Risk Factors and Preventive Health Behaviours 4000 Chronic Conditions and Health Services Coverage 5000 Health Care Utilisation 6000 Social Networks 7000 Subjective Well-Being and Quality of Life (WHOQoL-8 and Day Reconstruction Method) 8000 Impact of Caregiving 9000 Interviewer Assessment

Proxy Questionnaire Section1 Respondent Characteristics and IQ CODE Section2 Health State Descriptions Section4 Chronic Conditions and Health Services Coverage Section5 Health Care Utilisation

Geographic coverage

National coverage

Analysis unit

households and individuals

Universe

The household section of the survey covered all households in 31 of the 32 federal states in Mexico. Colima was excluded. Institutionalised populations are excluded. The individual section covered all persons aged 18 years and older residing within individual households. As the focus of SAGE is older adults, a much larger sample of respondents aged 50 years and older was selected with a smaller comparative sample of respondents aged 18-49 years.

Kind of data

Sample survey data [ssd]

Sampling procedure

In Mexico strata were defined by locality (metropolitan, urban, rural). All 211 PSUs selected for wave 1 were included in the wave 2 sample. A sub-sample of 211 PSUs was selected from the 797 WHS PSUs for the wave 1 sample. The Basic Geo-Statistical Areas (AGEB) defined by the National Institute of Statistics (INEGI) constitutes a PSU. PSUs were selected probability proportional to three factors: a) (WHS/SAGE Wave 0 50plus): number of WHS/SAGE Wave 0 50-plus interviewed at the PSU, b) (State Population): population of the state to which the PSU belongs, c) (WHS/SAGE Wave 0 PSU at county): number of PSUs selected from the county to which the PSU belongs for the WHS/SAGE Wave 0; The first and third factors were included to reduce geographic dispersion. Factor two affords states with larger populations a greater chance of selection.

All WHS/SAGE Wave 0 individuals aged 50 years or older in the selected rural or urban PSUs and a random sample 90% of individuals aged 50 years or older in metropolitan PSUs who had been interviewed for the WHS/SAGE Wave 0 were included in the SAGE Wave 1 ''primary'' sample. The remaining 10% of WHS/SAGE Wave 0 individuals aged 50 years or older in metropolitan areas were then allocated as a ''replacement'' sample for individuals who could not be contacted or did not consent to participate in SAGE Wave 1. A systematic sample of 1000 WHS/SAGE Wave 0 individuals aged 18-49 across all selected PSUs was selected as the ''primary'' sample and 500 as a ''replacement'' sample.

This selection process resulted in a sample which had an over-representation of individuals from metropolitan strata; therefore, it was decided to increase the number of individuals aged 50 years or older from rural and urban strata. This was achieved by including individuals who had not been part of WHS/SAGE Wave 0 (which became a ''supplementary'' sample), although the household in which they lived included an individual from WHS/SAGE Wave 0. All individuals aged 50 or over were included from rural and urban ''18-49 households'' (that is, where an individual aged 18-49 was included in WHS/SAGE Wave 0) as part of the ''primary supplementary'' sample. A systematic random sample of individuals aged 50 years or older was then obtained from urban and rural households where an individual had already been selected as part of the 50 years and older or 18-49 samples. These individuals then formed part of the ''primary supplementary'' sample and the remainder (that is, those not systematically selected) were allocated to the ''replacement supplementary'' sample. Thus, all individuals aged 50 years or older who lived in households in urban and rural PSUs obtained for SAGE Wave 1 were selected as either a primary or replacement participant. A final ''replacement'' sample for the 50 and over age group was obtained from a systematic sample of all individuals aged 50 or over from households which included the individuals already selected for either the 50 and over or 18-49. This sampling strategy also provided participants who had not been included in WHS/SAGE Wave 0, but lived in a household where an individual had been part of WHS/SAGE Wave 0 (that is, the ''supplementary'' sample), in addition to follow-up of individuals who had been included in the WHS/SAGE Wave 0 sample.

Strata: Locality = 3 PSU: AGEBs = 211 SSU: Households = 6549 surveyed TSU: Individual = 6342 surveyed

Mode of data collection

Face-to-face [f2f], CAPI

Research instrument

The questionnaires were based on the SAGE Wave 1 Questionnaires with some modification and new additions, except for verbal autopsy. SAGE Wave 2 used the 2012 version of the WHO Verbal Autopsy Questionnare. SAGE Wave 1 used an adapted version of the Sample Vital Registration iwth Verbal Autopsy (SAVVY) questionnaire. A Household questionnaire was administered to all households eligible for the study. A Verbal Autopsy questionnaire was administered to 50 plus households only. In follow-up 50 plus household if the death occured since the last wave of the study and in a new 50 plus household if the death occurred in the the