Home Care Providers in California
The Home Care Providers industry in California is benefiting from a growing number of aging baby boomers. As people live longer due to advancements in medicine and technology, a growing number of seniors are looking to age in their homes and maintain independence for as long as possible. Additionally, loose regulation has enabled the rapid expansion of the industry landscape. As a result, industry revenue is expected to grow over the five years to 2017. A continuation of similar trends over the five years to 2022 is expected to drive demand for home care services in California. The number of people aged 65 years and older in the state is expected to rise, along with the role of personal home care services in keeping vulnerable aging and disabled populations at home. Consequently, IBISWorld expects the industry to grow over the five years to 2022.
Companies in this industry primarily provide services in the home. These services may be medical or nonmedical and include skilled-nursing care, personal care, homemaker and companion services, physical therapy and medical social services. This industry also includes in-home hospice care providers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook