United States Geriatric Care Service Market Overview, 2030

The US geriatric care market is expanding steadily, influenced by a sharply rising elderly population. The aging trend is driven by the Baby Boomer generation moving into retirement, increasing demand for long-term care services across urban and rural communities alike. Federal programs like Medicare and Medicaid remain critical funding channels, though they are often under pressure from budget constraints and rising healthcare costs. The workforce shortage in caregiving roles has prompted investments in home-based care models and telehealth solutions. Regionally, states like Florida, California, and Texas are experiencing the highest demand for eldercare services due to their sizable retiree populations. Meanwhile, Midwestern states are witnessing a shift toward community-based living options to support aging in place. The care market is becoming increasingly integrated, combining medical, psychological, and social support systems. The proliferation of geriatric-specialized hospitals, memory care units, and assisted living facilities signals a shift in infrastructure. Additionally, rising incidences of chronic illnesses, including cognitive decline and mobility disorders, have escalated the complexity of care services required. Technology is playing a supporting role in the form of remote monitoring, wearable health devices, and AI-based fall detection systems. The integration of these solutions is particularly visible in progressive states like Massachusetts and Washington. The sector is further shaped by evolving family dynamics such as smaller household sizes and rising single-elder populations that reduce informal caregiving capacity. Insurance firms are increasingly tailoring long-term care policies, although penetration remains low.

According to the research report ""US Geriatric Care Market Overview, 2030,"" published by Bonafide Research, the US Geriatric Care market is anticipated to grow at more than 5.99% CAGR from 2025 to 2030. The current growth trajectory of the US geriatric care market is primarily influenced by three interlinked trends: medicalization of aging, policy support, and rising consumer awareness. Hospitals and healthcare systems are adapting by offering geriatric-focused care models accounting for multiple comorbidities, polypharmacy, and functional decline. Academic medical centers such as those affiliated with Johns Hopkins or the Cleveland Clinic are expanding their geriatrics departments, while standalone eldercare centers are also incorporating specialized services like memory diagnostics and fall-risk assessments. On the policy front, the Biden administration’s support for home- and community-based care under Medicaid waivers has enabled more states to fund at-home alternatives to institutional care, including personal care attendants and in-home nursing visits. Tax incentives and caregiver credits at the state level are further fueling adoption. At the consumer level, elderly Americans and their families are becoming more proactive in selecting care models based on independence, quality, and affordability. Digital literacy among the elderly is improving, with a notable increase in usage of healthcare portals and virtual consultations, especially post-pandemic. Moreover, private capital is flowing into eldercare startups and care-tech platforms, especially in urban centers like San Francisco, Chicago, and New York, aiming to solve logistical gaps in caregiving, medication management, and emergency response. Demographic trends like delayed retirement and increased life expectancy averaging 77 years nationally mean individuals require care for longer durations. Veteran-focused eldercare programs, such as those provided by the Department of Veterans Affairs (VA), also contribute to demand, particularly in regions with higher retired military populations.

Home care services are the most utilized form of elderly care in the US, given the cultural and financial preference for aging in place. Agencies offering in-home nursing, daily living assistance, and therapy services are expanding rapidly, particularly in suburban and rural counties where institutional infrastructure is less developed. Medicare Advantage plans have increasingly begun covering these services, making them accessible to a broader population. Technological integration into home care is advancing through remote health monitoring, smart pill dispensers, and caregiver scheduling apps. Adult day care centers, while fewer in number, are experiencing the fastest growth. These centers serve a critical need by providing medical supervision, cognitive stimulation, and social interaction during the day appealing to families who offer informal care at night. Metropolitan regions with high labor force participation, such as Los Angeles and New York City, are seeing a rise in demand for such hybrid care solutions that balance work and caregiving. Institutional care, which includes nursing homes and assisted living facilities, still plays a vital role, particularly for patients with advanced physical or cognitive disabilities. However, the sector faces scrutiny due to quality and staffing issues, especially after COVID-19 outbreaks. This has led to greater regulatory oversight, including staffing minimums and infection control protocols. The decline in occupancy rates in long-term care facilities during the pandemic has begun to reverse as safety standards improve, but public perception challenges remain. Memory care wings within these institutions are being expanded to cater to the rising number of Alzheimer’s patients.

The demographic segment of 65–75-year-olds constitutes the largest consumer base for preventive and lifestyle-supportive geriatric care services in the US. This group typically seeks services such as fitness rehabilitation, nutritional counseling, and periodic health screenings. States with strong preventive care infrastructure, like Minnesota and Oregon, have higher uptake among this age cohort. The next bracket 76–85 years shows increased reliance on chronic illness management services. Individuals in this group often require support for mobility limitations, medication adherence, and routine monitoring for conditions like hypertension, arthritis, or cardiovascular disease. The burden of care increases substantially in this segment, with family caregivers frequently supplementing formal care services. Programs like PACE (Program of All-Inclusive Care for the Elderly), available in over 30 states, target this demographic through bundled services that combine medical and social care. The 86+ group is the fastest-growing age category in the US and requires the most resource-intensive care. These individuals typically face multi-system decline, high dependency ratios, and elevated risk of hospitalization. In regions like West Virginia and Pennsylvania with older-than-average populations, intensive geriatric care including 24/7 nursing support and hospice services is seeing a sharp rise. This group is also more likely to be enrolled in long-term Medicaid-funded nursing home care. High-acuity residential programs with specialized geropsychiatric units and fall prevention strategies are being scaled to serve this segment better. Cognitive impairments, nutritional deficiencies, and end-of-life planning dominate care priorities. Private insurers have begun piloting tiered care models that align reimbursement with functional status, especially for the 86+ population.

Alzheimer’s disease and other dementias are the most significant drivers of geriatric care services in the US, both in terms of patient volume and care complexity. According to the Alzheimer’s Association, over 6.9 million Americans aged 65+ are currently living with dementia, with the numbers projected to double by 2050. These patients require specialized memory care units, behavioral therapy, and structured environments to manage symptoms. The demand is especially high in the Midwest and Southeast, where elderly populations are growing rapidly but infrastructure remains insufficient. High blood pressure remains a major concern, with nearly 75% of older adults diagnosed, increasing risks for strokes and heart disease. In-home BP monitoring devices and nurse-led virtual check-ins are helping manage this condition more proactively. Depression is another major issue, often underdiagnosed in elderly populations, particularly in isolated rural areas or among widowed individuals. Mental health programs tailored for seniors offered through partnerships between primary care practices and community health centers are gradually expanding. Diabetes, especially Type 2, is prevalent among the elderly and complicates other medical conditions like vision loss and kidney failure. Geriatric care providers often must integrate endocrinology support, diet planning, and podiatric services. Urban areas like Detroit and Houston, where diabetes rates among seniors are high, are investing in community-based chronic disease management centers. The co-occurrence of these conditions requires interdisciplinary coordination, often lacking in traditional care models. To address this, Accountable Care Organizations (ACOs) and geriatric Integrated Care Teams are becoming more common. These structures aim to unify medication management, diagnostics, and psychosocial support under one umbrella.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Geriatric Care Service Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Service
• Home care
• Adult day care
• Institutional care

By Age Group
• 65–75 (early care)
• 76–85 (mid-to-heavy care)
• 86+ (intensive care)

By Application
• High blood pressure
• Alzheimer's/dementias
• Depression
• Diabetes
• Other applications Show more