Geriatric Care Services Market is expected to generate a revenue of USD 2.03 Billion by 2032, Globally, at 7.98% CAGR: Verified Market Research®

The Geriatric Care Services Market is driven by the rapid rise in the aging population, increased prevalence of chronic diseases, and growing demand for cost-efficient home healthcare solutions. However, staffing shortages, high operational costs, and limited reimbursement policies continue to restrain market expansion, influencing service providers' strategic decisions.

Lewes, Delaware, Nov. 27, 2025 (GLOBE NEWSWIRE) -- The Global Geriatric Care Services Market Size is projected to grow at a CAGR of 7.98% from 2026 to 2032, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.10 Billion in 2024 and is expected to reach USD 2.03 Billion by the end of the forecast period.

For a detailed analysis of Industry Trends And Growth Drivers, Explore The Full Geriatric Care Services Market.

Browse in-depth TOC

202 - Pages

126 – Tables

37 – Figures

Global Geriatric Care Services Market Overview

Market Drivers

1. Rapid Growth of the Global Elderly Population

• The Geriatric Care Services Market continues to expand as the global elderly population rises sharply.
• Longer life expectancy, declining birth rates, and improved healthcare systems contribute to the increase in seniors requiring long-term care.
• Governments, hospitals, and private providers are investing in specialized geriatric programs to address mobility issues, cognitive decline, and chronic illness management.
• This demographic shift fuels demand for home care, assisted living, day care centers, and skilled nursing services.
• Market players that offer scalable care models, digital monitoring systems, and cost-effective packages are positioned to capture strong B2B demand and long-term contracts.
  
  

2. Increased Chronic Disease Prevalence Among Seniors

• The rising burden of chronic diseases including dementia, diabetes, cancer, and cardiovascular disorders is driving demand for comprehensive geriatric care.
• Older individuals require ongoing monitoring, rehabilitation, medication management, and nursing support, creating continuous revenue streams for service providers.
• Healthcare facilities increasingly adopt integrated care models, remote monitoring tools, and personalized treatment programs to reduce hospitalization and improve outcomes.
• B2B buyers such as hospitals, insurers, and senior living chains prefer partnering with geriatric service companies offering standardized, high-impact care solutions.
• This shift strengthens market penetration and accelerates investment in advanced eldercare technologies.
  
  

3. Growing Preference for Home-Based and Personalized Care Services

• Seniors increasingly prefer to age in place, accelerating demand for home-based geriatric services.
• Home care solutions offer greater comfort, lower infection risk, and cost efficiency compared to traditional hospital care.
• Providers are integrating telemedicine, AI-driven monitoring, digital health records, and on-demand care delivery to improve service quality.
• Personalized care models including companion care, skilled nursing, and rehabilitation are gaining traction among B2B clients, insurers, and family caregivers.
• Companies delivering flexible, technology-enabled home care packages are gaining a competitive edge and improving client retention across regions.
  

Download a free sample to access exclusive Insights, Data Charts, And Forecasts From The Geriatric Care Services Market Sample Report.

Market Restraint:

1. High Operational Costs and Chronic Staffing Shortages

• Geriatric care facilities face continuously rising operational expenses, including wages, regulatory compliance, medical supplies, and infrastructure upgrades.
• Skilled nurses, caregivers, and therapists are in short supply, resulting in high turnover rates and increased cost of hiring and training.
• Smaller service providers struggle to maintain profitability, limiting market competition and slowing expansion.
• These cost pressures negatively impact affordability for consumers and reduce B2B purchasing power.
• The shortage also affects care quality, capacity planning, and service scalability, restricting market growth.
  
  

2. Limited Reimbursement Policies and Insurance Barriers

• Many countries offer insufficient insurance coverage for long-term geriatric care, placing financial pressure on families and reducing service adoption rates.
• Reimbursement restrictions for assisted living, home care, and chronic disease management limit provider revenue stability.
• Healthcare companies often delay investments in advanced technologies due to unclear reimbursement frameworks.
• Inconsistent regional policies create uncertainty for multinational players exploring market entry strategies.
• The reimbursement gap reduces market accessibility and slows down the transition toward value-based geriatric care models.
  
  

3. Regulatory Complexity and Heavy Compliance Requirements

• The geriatric care sector operates under strict regulations related to patient safety, facility standards, staffing ratios, and data security.
• Frequent policy changes require continuous resource allocation for documentation, audits, and staff training.
• International players face additional challenges due to country-specific compliance variations, slowing expansion into new regions.
• High regulatory pressure limits innovation and increases the cost of adopting new technologies.
• These complexities create operational inefficiencies, discourage new entrants, and increase overall market fragmentation.
  
  

Geographical Dominance

North America dominates the Geriatric Care Services Market, driven by advanced healthcare infrastructure, strong reimbursement frameworks, and rising demand for home-based care. Europe follows closely with expanding assisted living facilities and robust elderly care policies. Asia-Pacific is emerging as a high-growth region due to its rapidly aging population, improving healthcare investments, and growing adoption of geriatric home care services across China, Japan, and India.

Key Players

The “Global Geriatric Care Services Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Endo Pharmaceuticals, Inc., Merck KGaA & Co., Inc., AstraZeneca PLC, Pfizer , Inc., Allergan , Inc., Bristol-Myers Squibb Company, Regeneron Pharmaceuticals , Inc., AstraZeneca PLC, Hoffmann-La Roche AG, Octapharma AG.

Geriatric Care Services Market Segment Analysis

Based on the research, Verified Market Research has segmented market into Product Type, Service, Application and Geography.

• Geriatric Care Services Market, by Product Type:
  • Housing & Assistive Devices
  • Pharmaceuticals
    
    
• Geriatric Care Services Market, by Service:
  
  
  • Homecare
  • Institutional Care
    
    
• Geriatric Care Services Market, by Application:
  
  
  • Respiratory Diseases
  • Diabetes
  • Osteoporosis
  • Heart Diseases
    
    
• Geriatric Care Services Market, by Geography
  
  
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • ROW
    • Middle East & Africa
    • Latin America

To gain complete access with Corporate Or Enterprise Licensing, Visit The Geriatric Care Services Market.

Key Highlights of the Report:

• Market Size & Forecast: In-depth analysis of current value and future projections
• Segment Analysis: Breaks down the market by Product Type, Service, and Application for focused strategy development.
• Regional Insights: Comprehensive coverage of North America, Europe, Asia-Pacific, and more
• Competitive Landscape: Profiles key players, their strategic initiatives, and innovation-driven growth approaches.
• Growth Drivers & Challenges: Analyzes the forces accelerating growth and the restraints hindering large-scale adoption.
• Challenges and Risk Assessment: Evaluates ethical debates, off-target effects, and regulatory complexities.

Why This Report Matters?

This report provides actionable insights, data-driven forecasts, and competitive intelligence for strategic decision-making. It helps stakeholders understand emerging trends, pricing analysis, technological disruptions, and market opportunities to strengthen business expansion and investment planning.

Who Should Read This Report?

This report is ideal for healthcare providers, geriatric service companies, investors, policymakers, market research professionals, consulting firms, technology developers, and B2B decision-makers seeking reliable insights and growth strategies in the global Geriatric Care Services Market.

Browse Related Reports:

Global Topical Pain Relief Market Size By Distribution Channel (Pharmacies and Drug Stores, E-commerce), End-User (Opioids, Non-Opioids), Gender (Women, Men), Conditions (Acute Pain, Chronic Pain), Formulation (Cream, Gel), Age Group (Adults (18-64 Years), Geriatric (65 Years And Above), By Geography, And Forecast

Global Cardiovascular Information System Market Size By System Type (CVIS, Cardiology PACS), By Applications (Catheterization, Echocardiography, ECG Studies/Holter monitoring, Electrophysiology, Pacemaker/ICD, Nuclear Cardiology, Cardiothoracic Center, Heart Failure Centers), By Components ( Software AG , Services), By End-User (Hospitals, Diagnostic Centers), By Geography, And Forecast

Global Point-Of-Care Molecular Diagnostics Market Size By Product & Service (Assays & Kits, Instruments & Analyzers, Software AG & Services), By Technology (RT-PCR, INAAT), By Application (Cancer, Infectious Diseases, Hematology, Endocrinology), By End-user (Hospitals & Clinics, Diagnostic Centers), By Geography, And Forecast

Global Healthcare Facilities Management Market Size By Type ( Waste Management , Security Services, Catering Services, Cleaning Services), By End-User (Hospitals and Clinics, Long-term Healthcare Facilities), By Geography, And Forecast

Top Consumer Healthcare Companies improving consumer lives pole to pole

Visualize Geriatric Care Services Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor , Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

Follow Us On: LinkedIn | Twitter | Threads | Instagram | Facebook

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR's domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR's dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Attachment

• geriatric care services market size and forecast

CONTACT: Mr. Edwyne Fernandes

Verified Market Research®

US: +1 (650)-781-4080

US Toll Free: +1 (800)-782-1768

Email: sales@verifiedmarketresearch.com

Web: https://www.verifiedmarketresearch.com/

SOURCE – Verified Market Research®