FMI In-Home Senior Care Franchises Market Industry Ana | Page 4

In-Home Senior Care Franchises Market

Forecast On In-Home Senior Care Franchises Market Global Industry Analysis and Trends till 2026
Every person who is born must eventually grow old at some point . Considering how busy we have all become , it can often seem that life passes us by in a blur . When we do age , though , we usually have only one wish – to live out the rest of our years in safety and comfort . Most of us would also like to live in our own homes if we can make that choice . That is where the In-Home Senior Care Franchises market comes into play . In-home senior care is a perfect fit for the franchising model since it is highly regulated , systems-oriented and highly personal . It enables franchise owners to develop strong ties with both their clients and the community at large . The long-term prospects of the In-Home Senior Care Franchises market are very bright indeed .
In-Home Senior Care Franchises Market Drivers
An ageing population in the west will be the main driver of the In-Home Senior Care Franchises market . The Baby Boomer generation born immediately following World War II are expected to demand greater medical care and attention . Elderly care in the U . S alone is expected to be worth more than $ 300 billion in 2016 . There is also a major shift towards “ ageing in place ”. Most adults like living in the comfort & privacy of their own homes for as long as is possible . Even after they cross the age of 65 , people prefer living on their own or with family members rather than in an old-age home . The In-Home Senior Care Franchises market is also expected to get a boost from improving technology . Assistance & safety monitoring equipment has taken a dramatic leap in recent times driven by advances in sensory networks , bio-sensing , robotics , cloud computing and telecommunications . Another factor boosting the In-Home
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