Adult and Retirement Communities

Published by: Global Industry Analysts

Published: Jan. 1, 2012 - 135 Pages

Table of Contents

1. OVERVIEW

Retirement Communities – An Introduction

Location & Design – Key Factors for Retirement Units

Lifestyle Demands – Vital for Retirement Community Setting

Geriatric Living Solutions – An Overview

Skilled Nursing Facilities (SNFs)

Service Description, Typical Patient Profile and Period of Stay for Skilled Nursing Facilities

Senior Living

Independent Living

Assisted Living

Continuous Care Retirement Communities

Service Description, Typical Patient Profile, and Period of Stay in Senior Living Market by Category - Independent Living, Assisted Living, and Continuous Care Retirement Communities (CCRCs)

Table 1: Senior Housing in the US (2010): Leading Senior Housing Owners byNumber of Units (in '000)

Primary Operating Models in Senior Living

Comparison of Major Operating Models in Senior Living Market

Global Demographics – A Review

Ageing World Population

Table 2: Global Aging Population -Percentage Breakdown of SeniorPopulation (Above 65 Years, andAbove 85 Years) by Select Regionfor the Years 2000, 2015,and 2030

Table 3: Most Populous Countriesin the World: Population in Millionfor the Year 2008 and Projectionsfor 2050

Table 4: Top 10 Countries with Oldest Population in the World (2011): 65+Population by Gender for Japan,Germany, Italy, Sweden, Greece,Austria, Bulgaria, Belgium, Portugal,and Finland

Most of the Aged Population Live in Developed Nations: A Myth

Table 5: Global Distribution of Populationfor Age Group (60+, and 80+) by Regionfor Years 2010 & 2050 (In Million)

Table 6: Global Average Annual Rate ofChange of Total Population for DifferentAge Groups by Major Regionfor Years 2009-2050 (in %)

Table 7: Global Distribution of Populationfor Age Group (60+, and 80+) by MajorAreas for Years 2010 & 2050 (In Million)

Table 8: Global Average Annual Rates ofChange of Total Population for DifferentAge Groups by Major Area for Years2009-2050 (in %)

Addressing the Needs of Aged Population

Table 9: Percentage of Assisted Living(AL) Residents Who Require Helpfor Daily Living Activities - Bathing,Dressing, Eating, MedicationManagement, Toileting, andTransferring

Dementia: Imminent Global Healthcare Crisis

2. MARKET TRENDS & ISSUES

Latest Trends in Senior Living: An Insight

Assisted Living Continues to be a Popular Choice over Nursing Facilities

Housing Industry Adopts Universal Design for Adult Communities

Credit Crunch Impacts the US Seniors’ Housing Loan Volumes

Net Worth of Seniors Declines

Highly Fragmented US Senior Market Offers Opportunities for Consolidation

Recession Generates New Opportunities

Stable Occupancies and Limited Supply of Units

3. MERGERS & ACQUISITIONS

4. STRATEGIC CORPORATE DEVELOPMENTS 39A REGIONAL MARKET PERSPECTIVE

1. NORTH AMERICA

Seniors Population Continues to Grow

Improvements in Lifestyles and Life Expectancy

Senior Care Shifts from Family Care to Professional Care

Investment Trends in Senior Housing

Senior Women – The Prime Target Customers

Consolidation of Divided Ownership

1a. UNITED STATES

US Senior Housing Market – An Overview

Independent Living and Continuing Care Communities Bore the Brunt of Plunge in the Housing Sector

Impact of Recession on Assisted Living Sector: An Overview

Favorable Demographics Continue to Drive Market Growth

Table 10: US Population in Million byAge Group: 2010-2020

Table 11: US Population (Above 65 andAbove 85) in Million: 2010-2020

REITs Fuel Senior Housing Sales

Retirement Communities Adapt to Evolving Needs of Today’s Aged Population

Active Adult Communities: A Favorite Choice of Baby Boomers

Baby Boomers Shift to AACs Likely to Attain Record Levels in Future

Table 12: Active Adult RetirementCommunities in the United States byState (2011)

Present-day AACs Specially Customized as per Baby Boomer Specifications

Assisted Living: An Overview

Table 13: Long Term Care Market in the United States (2011): Percentage Share Breakdown by Type of Care for Nursing Home Care, HomeCare, Assisted Living, and Hospice Care

Table 14: Estimated Number of Senior Housing Units in the United States by Type (2010)

Table 15: Senior Housing in the United States (2010): Percentage Share Breakdown by Valuefor Independent Living, Skilled Nursing, and Assisted Living

Table 16: Senior Housing Communities in the United States by Type of Community (2010): Percentage Share Breakdown for MajoritySkilled Nursing, Majority Assisted Living,Majority Independent Living, andContinuing Care Retirement Communities

Table 17: Number of Units/Beds in SeniorHousing Communities in the US by Typeof Community (2010): Percentage Share Breakdown for Majority Skilled Nursing, Continuing Care Retirement Communities, Majority Independent Living, and Majority Assisted Living

Table 18: Average Cost (in US$) of AssistedLiving and Nursing Homes (Private andsemi-Private) in the US: 2010

Continuing Care Retirement Communities

Continuing Care Retirement Communities in the US: An Overview

Background

CCRCs Poised to Gain Greater Market Share in Future

Independent Living Communities

Independent Living Communities: An Overview

Table 19: Independent Living Communitiesin the US as of 2006 by Select Province:A Historic Perspective

Assisted Living Communities

Assisted Living Communities: An Overview

Table 20: Assisted Living Communitiesin the US as of 2006 by Select Province:A Historic Perspective

Assisted Living Properties - Types

Table 21: US Assisted Living Market (2010): Percentage Breakdown of Various Settingsfor AL Residences (by Property Type) - Freestanding Assisted Living, Assisted Living/Dementia Care, Continuing Care Retirement Communities, Assisted Living/ Independent Living, Assisted Living/Nursing, and Freestanding Dementia Care

Table 22: US Assisted Living Market(2010): Percentage Breakdown of Various Settings for AL Residences (by Numberof Units) - Assisted Living/Dementia Care, Freestanding Assisted Living, ContinuingCare Retirement Communities, Assisted Living/Independent Living, Assisted Living/Nursing, and FreestandingDementia Care

Public and Private for-Profit Companies: Dominance of Private Pay Model

Table 23: US Assisted Living Market(2008): Percentage Breakdown byOwnership Type - Private-For-Profit,Public-For-Profit, Not-For-Profit,and Others

Table 24: US Senior Living Market (2010): Percentage Breakdown of Annual AverageCost for Senior Living by Category - Pent-Up Home Equity (Opportunity Cost),Housing, Food, Transportation, Utilities,and Entertainment

Assisted Living - Dementia Care Facilities

Service Description, Typical Patient Profile and Period of Stay for Memory Care Facilities

Table 25: Dementia Care Facilitiesin the US as of 2006 by Select Province

Table 26: Average Cost of Assisted Livingand Nursing Homes (Private and Semi-Private) (2010)

Nursing Homes

Nursing Homes in the US: An Overview

Growth of Nursing Homes

Nursing Home Residents

Table 27: US Nursing Homes Market(2010): Percentage Breakdown ofResidents Seeking Assistance in Activitiesof Daily Living (ADLs)

Nursing Home Costs: A Historic Review

Table 28: US Nursing Homes Market (2007): Average Nursing Home Costs per Day in US Dollar for Semi-Private Room and Private Room in Select Areas

Senior Housing – Glance into History

Table 29: US Assisted Living Market –Growth of AL Properties: PercentageBreakdown by Time Period - Before 1989,Between 1990-1999, 2000 or later

Factors Affecting Senior Housing Industry

Lending Scenario

Increasing Buyers' Expectations

Key Mode of Operations in the US Senior Housing Market

Table 30: US Senior Housing Market (2009): Average Occupancy Rate in Assisted Livingand Independent Living Facilities forSunrise Senior Living, Brookdale, Emeritus, Capital Senior Living, and Five StarSenior Living

Table 31: US Senior Housing Market (2009): Average Occupancy Rate in Skilled NursingHomes for Kindred Healthcare, SunHealthcare, Skilled Healthcare Group,Ensign Group, and Sun Healthcare

Table 32: Brookdale Senior Living - Numberof Facilities, Occupancy Ratio, and Total Units/Bed Capacity by Select Community -Assisted Living, Independent Living,and CCRCs

Table 33: Top Senior Housing Ownersin the United States in Terms ofPercentage Increase in Number ofUnits Owned: 2010

Table 34: Top Senior Housing Managersin the United States in Terms ofPercentage Increase in Number ofUnits Managed: 2010

Real Estate Investment Trusts

REITs in the US

General Factors Influencing the US Senior Housing Industry

Delayed Retirement of Active Adults: Decline of Independent Living Segment

Seniors Delay Entry into Adult Communities: Constriction of Market Size

Seniors Seek Short-Term Assistance: Need Driven Growth of Assisted Living Segment

Limited Options to Meet Assisted Living Expenses: Decline in Occupancy Rate

US Assisted Living Market – Primary Reasons for Residents Leaving AL Facility by Ranking

Table 35: US Assisted Living Market –Primary Reasons for Residents LeavingAL Facility (2010) – Percentage Breakdownby Reason – Shift to Nursing Home, Death,Shift to Private Home, Another Residence, Hospital, and Others

Financially Constrained Seniors Seek Alternatives

Adult Communities in Urban Areas: Moderate Occupancy

Current Status of the Industry: Recapitulating the Impact of Influential Factors

Adult Community Operators Simplify Procedures and Extend Services

Active Adult Communities Mull over “Age Desegregation”

Upscale Assisted Living Segment Remains Strong: Hospitality-based Model

HUD Revamps FHA to Offset Credit Crisis

Superimposition with Health Care Industry

Market Outlook

Attractive Demographics

Baby Boomers – A Snapshot

Table 36: Percentage Share Breakdownof Grandparents in the US by AgeGroup (2011)

Table 37: 65 + Populationin the United States by Gender

Generation-Xers – Snapshot

High Expansion of Capacity Unlikely in Senior Living Industry

Senior Housing Market Remains Attractive for Investment

Table 38: US Current & Future Analysis for Assisted Living Communities – Number ofNew Units for the Years 2010 through 2015

Independent Living Communities

Table 39: US Current & Future Analysisfor Independent Living Communities –Number of New Units for the Years2010 through 2015

Continuous Care Retirement Communities

Table 40: US Current & Future Analysisfor Continuing Care RetirementCommunities – Number of New Unitsfor the Years 2010 through 2015

Table 41: US Current & Future Analysisfor Continuing Care Retirement Community (CCRC) Services– Revenues in US$ Billionfor the Years 2010 through 2015

Skilled Nursing Facilities (SNF) Versus Senior Living: Outlook

Comparison of Skilled Nursing Facilities and Senior Living Communities in the US

Table 42: US Current & Future Analysisfor Skilled Nursing – Revenues in US$Billion for the Years 2010 through 2015

1b. CANADA

Investments in Canadian Senior Housing Industry

Canadian Adult Communities

Table 43: 65 + Population in Canada byGender

2. JAPAN

Japanese Dankai Generation

Table 44: Living Arrangement of JapaneseOlder Population: Percentage Breakdownby Mode of Living for Years 1980, 1995,and 2010

Table 45: 65 + Population in Japan byGender

3. EUROPE

Aging Population in Europe – An Overview

Table 46: European Population Statisticsfor Age Group (Below 65, and 65+) forSelect Countries - France, Germany, Italy,United Kingdom, Russia, and Spain

Table 47: Rest of Western European Population Statistics for Age Group (Below 65, and 65+)for Select Countries – Austria, Belgium,Denmark, Finland, Greece, Ireland, The Netherlands, Norway, Portugal, Sweden, Switzerland, and Turkey

Table 48: Eastern European PopulationStatistics for Age Group (Below 65, and 65+)for Select Countries – Bulgaria, CzechRepublic, Hungary, Poland, Romania,and Slovakia

3a. FINLAND

Overview

3b. FRANCE

French Retirement Homes Market

Demographic Trends

Over 65 Years Age Group

Over 85 Years Age Group

Table 49: 65 + Population in Canadaby Gender

3c. UNITED KINGDOM

Overview

Need for Private Investment

Nursing Care and Residential Care Real Estate Market to Surge

High Growth Potential as Supply Likely to Surpass Demand by 2030

4. ASIA-PACIFIC

Overview

Attractive Demographics

Table 50: Asia-Pacific Population Statisticsfor Age Group (Below 65, and 65+) forSelect Countries – Australia, China,Hong Kong, India, Indonesia, Korea,South Malaysia, New Zealand,Philippines, Singapore, Taiwan,and Thailand

Consumer Behavior

4a. AUSTRALIA

Overview

Demography and Other Growth Factors

Current and Future Status of the Industry

Table 51: Australian Current & FutureAnalysis of Continuing Care Retirement Community Services Market – Revenuesin US$ Billion for the Years 2010through 2015

4b. CHINA

Overview

Senior Living Market in China: A Prelude

Rapid Increase in the Costs of elderly Care

Background

Real Estate for Elderly Care, a Promising Market in China

China: An Emerging Hotspot for Elderly Care Real Estate Investment

Demographics

4c. INDIA

Overview

Senior Care and Living

4d. INDONESIA

Overview

4e. KOREA

Overview

4f. SINGAPORE

Overview

4g. TAIWAN

Overview

5. LATIN AMERICA

Boom of American Retirement Communities in Latin America

Table 52: Latin American Population Statisticsfor Age Group (Below 65, and 65+) by Genderfor Select Country – Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru,Venezuela in 2011

Table 53: Latin America PopulationStatistics (2011): 65+ Population by Genderfor Select Regions – Argentina, Brazil,Chile, Colombia, Ecuador, Mexico, Peru,and Venezuela

5a. MEXICO

Overview

6. AFRICA

Overview

6a. MOROCCO

Overview

7. REST OF WORLD

ISRAEL

Table 54: Distribution of Assisted LivingFacilities in Israel (2011)

Table 55: Distribution of Beds amongElders in Assisted Living Facilitiesin Israel (2011)

Table 56: Distribution of Beds (in ‘000)among Elders in Assisted LivingFacilities in Israel (2011)

GLOBAL DIRECTORY

Abstract

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 400,000 market research reports, company profiles and country profiles from over 720 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.