Orphanages & Group Homes in the US - Industry Market Research Report
Description
Orphanages & Group Homes in the US - Industry Market Research Report
Orphanages & Group Homes in the US
Over the five years to 2019, revenue for the Orphanages and Group Homes industry has risen slightly as demand for industry services increased after a long period of decline. According to the Children's Bureau, the number of children in foster care has increased slightly in recent years; as a result, government spending on foster care increased to keep up with demand for the majority of the period. Over the five years to 2024, this industry is anticipated to decline despite increases in demand. Federal funding for Medicare and Medicaid is anticipated to increase strongly, and private donations will also increase as disposable income grows. However, federal funding for social services is anticipated to contract over the next five years.
This industry includes foster homes, group homes, halfway homes, orphanages and boot camps. The industry does not include substance abuse facilities, retirement homes, correctional institutions or temporary shelters. While the industry provides some services to adults, these facilities are primarily for children and youth.
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.
Orphanages & Group Homes in the US
Over the five years to 2019, revenue for the Orphanages and Group Homes industry has risen slightly as demand for industry services increased after a long period of decline. According to the Children's Bureau, the number of children in foster care has increased slightly in recent years; as a result, government spending on foster care increased to keep up with demand for the majority of the period. Over the five years to 2024, this industry is anticipated to decline despite increases in demand. Federal funding for Medicare and Medicaid is anticipated to increase strongly, and private donations will also increase as disposable income grows. However, federal funding for social services is anticipated to contract over the next five years.
This industry includes foster homes, group homes, halfway homes, orphanages and boot camps. The industry does not include substance abuse facilities, retirement homes, correctional institutions or temporary shelters. While the industry provides some services to adults, these facilities are primarily for children and youth.
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.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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