Global Retirement Home Services Market 2023-2027

Global Retirement Home Services Market 2023-2027

Technavio has been monitoring the retirement home services market and it is poised to grow by $5556.39 mn during 2023-2027, accelerating at a CAGR of 3.34% during the forecast period. Our report on the retirement home services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising life expectancy, the aging baby boomer population, and the benefits offered by retirement homes.

Technavio's retirement home services market is segmented as below:

By Service

  • Independent living
  • Nursing
  • Assisted living
By Application
  • Elderly people
  • Disabled people
By Geography
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies technological advances as one of the prime reasons driving the retirement home services market growth during the next few years. Also, automation in retirement homes and the increasing popularity of retirement villages will lead to sizable demand in the market.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the retirement home services market covers the following areas:
  • Retirement home services market sizing
  • Retirement home services market forecast
  • Retirement home services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retirement home services market vendors that include ABM Industries Inc., AlerisLife Inc., American Retirement Homes Inc., Ashiana Housing Ltd., British United Provident Association Ltd., Brookdale Senior Living Inc., Columbia Pacific Management, Covai Property Centre (I) Pvt. Ltd., Enlivant Master Mgmt CO LLC, Erickson Senior Living Management LLC, Genesis Healthcare Inc., Home Instead Inc., Korian, Life Care Companies, LLC, Senior Lifestyle, Sienna Senior Living Inc., Sompo Holdings Inc., Sonida Senior Living Corp., Sunrise Senior Living LLC, and Wickshire Senior Living. Also, the retirement home services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Service
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global retirement home services market 2017 - 2021
      • Table Historic Market Size - Data Table on Global retirement home services market 2017 - 2021
    • By service Segment Analysis 2017 - 2021
      • Table Historic Market Size - By service Segment 2017 - 2021 ($ million)
    • By application Segment Analysis 2017 - 2021
      • Table Historic Market Size - By application Segment 2017 - 2021 ($ million)
    • By geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - By geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Service
    • Market segments
      • Table Chart on Service - Market share 2022-2027 (%)
      • Table Data Table on Service - Market share 2022-2027 (%)
    • Comparison by Service
      • Table Chart on Comparison by Service
      • Table Data Table on Comparison by Service
    • Independent living - Market size and forecast 2022-2027
      • Table Chart on Independent living - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Independent living - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Independent living - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Independent living - Year-over-year growth 2022-2027 (%)
    • Nursing - Market size and forecast 2022-2027
      • Table Chart on Nursing - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Nursing - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Nursing - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Nursing - Year-over-year growth 2022-2027 (%)
    • Assisted living - Market size and forecast 2022-2027
      • Table Chart on Assisted living - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Assisted living - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Assisted living - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Assisted living - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Service
      • Table Market opportunity by Service ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Elderly people - Market size and forecast 2022-2027
      • Table Chart on Elderly people - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Elderly people - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Elderly people - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Elderly people - Year-over-year growth 2022-2027 (%)
    • Disabled people - Market size and forecast 2022-2027
      • Table Chart on Disabled people - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Disabled people - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Disabled people - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Disabled people - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022-2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Canada - Market size and forecast 2022-2027
      • Table Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising life expectancy
      • Aging baby boomer population
      • Benefits offered by retirement homes
    • Market challenges
      • Poor reputation of retirement homes
      • Low savings of baby boomers
      • Social stigma attached to old age homes
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Technological advances
      • Automation in retirement homes
      • Increasing popularity of retirement villages
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AlerisLife Inc.
      • Table AlerisLife Inc. - Overview
      • Table AlerisLife Inc. - Business segments
      • Table AlerisLife Inc. - Key offerings
      • Table AlerisLife Inc. - Segment focus
    • American Retirement Homes Inc.
      • Table American Retirement Homes Inc. - Overview
      • Table American Retirement Homes Inc. - Product / Service
      • Table American Retirement Homes Inc. - Key offerings
    • British United Provident Association Ltd.
      • Table British United Provident Association Ltd. - Overview
      • Table British United Provident Association Ltd. - Business segments
      • Table British United Provident Association Ltd. - Key offerings
      • Table British United Provident Association Ltd. - Segment focus
    • Brookdale Senior Living Inc.
      • Table Brookdale Senior Living Inc. - Overview
      • Table Brookdale Senior Living Inc. - Business segments
      • Table Brookdale Senior Living Inc. - Key offerings
      • Table Brookdale Senior Living Inc. - Segment focus
    • Columbia Pacific Management
      • Table Columbia Pacific Management - Overview
      • Table Columbia Pacific Management - Product / Service
      • Table Columbia Pacific Management - Key offerings
    • Covai Property Centre (I) Pvt. Ltd.
      • Table Covai Property Centre (I) Pvt. Ltd. - Overview
      • Table Covai Property Centre (I) Pvt. Ltd. - Product / Service
      • Table Covai Property Centre (I) Pvt. Ltd. - Key offerings
    • Enlivant Master Mgmt CO LLC
      • Table Enlivant Master Mgmt CO LLC - Overview
      • Table Enlivant Master Mgmt CO LLC - Product / Service
      • Table Enlivant Master Mgmt CO LLC - Key offerings
    • Erickson Senior Living Management LLC
      • Table Erickson Senior Living Management LLC - Overview
      • Table Erickson Senior Living Management LLC - Product / Service
      • Table Erickson Senior Living Management LLC - Key offerings
    • Genesis Healthcare Inc.
      • Table Genesis Healthcare Inc. - Overview
      • Table Genesis Healthcare Inc. - Business segments
      • Table Genesis Healthcare Inc. - Key news
      • Table Genesis Healthcare Inc. - Key offerings
      • Table Genesis Healthcare Inc. - Segment focus
    • Home Instead Inc.
      • Table Home Instead Inc. - Overview
      • Table Home Instead Inc. - Product / Service
      • Table Home Instead Inc. - Key offerings
    • Korian
      • Table Korian - Overview
      • Table Korian - Product / Service
      • Table Korian - Key offerings
    • Life Care Companies, LLC
      • Table Life Care Companies, LLC - Overview
      • Table Life Care Companies, LLC - Product / Service
      • Table Life Care Companies, LLC - Key offerings
    • Senior Lifestyle
      • Table Senior Lifestyle - Overview
      • Table Senior Lifestyle - Product / Service
      • Table Senior Lifestyle - Key offerings
    • Sonida Senior Living Corp.
      • Table Sonida Senior Living Corp. - Overview
      • Table Sonida Senior Living Corp. - Product / Service
      • Table Sonida Senior Living Corp. - Key offerings
    • Wickshire Senior Living
      • Table Wickshire Senior Living - Overview
      • Table Wickshire Senior Living - Product / Service
      • Table Wickshire Senior Living - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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