Overview

Golden years: Aging population, new programs and offerings will benefit the industry

IBISWorld’s Retirement Communities market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • An aging population and an improving economic environment will facilitate growth
  • Higher occupancy rates have helped buoy industry profit margins
  • The housing market is projected to regain some strength as a result of the improving economy

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    The Retirement Communities industry is forecast to exhibit accelerated growth in the next two decades. An aging population and growing need for dementia care are stimulating much of the industry's growth. Retirement communities provide many services to assist seniors that suffer from chronic illnesses or with activities of daily living. In the past five years, the number of assisted living facilities that provide dementia care has risen as a proportion of total facilities. Industry profit margins benefited from slow growth in new senior housing starts early in the five-year period, which increased occupancy levels across existing facilities. In the five years to 2022, a growing economy, an aging population, healthcare reform and new services will facilitate industry growth...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Key Buyers Chapter

    The Retirement Communities industry is highly fragmented, with the four largest operators accounting for 15.6% of industry revenue in 2017. Consolidation slowed during the recessionary years, when lending was difficult to secure from banks. However, banks and private equity entities have begun to view retirement homes and assisted living as a desirable sector again, and the major real estate investment trusts in senior housing are well-positioned to invest again. However, many of the acquisitions made during the coming years will likely be distressed properties, and high-end properties are unlikely to be sold.

    Some companies are focused on capitalizing on industry fragmentation. For..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Retirement Communities Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Retirement Communities Industry are

  • Superior financial management and debt management
  • Being familiar with local tastes and preferences
  • Ability to attract local support/patronage
  • IBISWorld analysts also discuss how external factors such as Number of adults aged 65 and older and House price index in the Retirement Communities industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Retirement Communities Industry?

    This industry provides residential and personal care services for the elderly and other individuals who are unable to fully care for themselves or who desire to live in a community facility. The industry excludes companies that predominantly provide inpatient nursing, skilled-nursing or rehabilitative services.

    Industry Products
    Continuing care retirement communities
    Assisted living facilities and homes for the elderly
    Industry Activities
    Providing room and board
    Nursing and other supervision
    Assistance in daily living
    Housekeeping services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of adults aged 65 and older
  • House price index
  • Per capita disposable income
  • Federal funding for Medicare and Medicaid
  • Yield on 10-year Treasury note

  • Current Performance
  • Aging population and dementia care bolstering demand
  • Satisfactory occupancy levels
  • Regulatory changes
  • Chart: Revenue Growth

  • Industry Outlook
  • Housing market grows
  • Healthcare reform and other legislation
  • A new kind of retirement
  • Changing supply model
  • Table: Retirement Communities Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Retirement Communities Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Primary Care Doctors
  • Specialist Doctors
  • Hospitals
  • Nursing Care Facilities
  • Consumers

  • Key Selling Industries
  • Apartment & Condominium Construction
  • Community Food Services
  • Dry Cleaners
  • Home Care Providers
  • Janitorial Services
  • Public Administration
  • Real Estate Investment Trusts

  • Products & Services
  • Continuing care retirement communities
  • Assisted living facilities and homes for the elderly
  • Other
  • Chart: Retirement Communities Industry Products and Services Segmentation

  • Demand Determinants
  • Aging population is at the wheel
  • Wealth affects affordability
  • Industry demand is needs-based

  • Major Markets
  • Females with incomes greater than $20,000
  • Males with incomes greater than $20,000
  • Females with incomes less than $20,000
  • Males with incomes less than $20,000
  • Chart: Major Market Segmentation for the Retirement Communities Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Depreciation
  • Marketing
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Retirement Communities

  • Basis of Competition
  • Location

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Retirement Communities Industry

  • Industry Globalization
    Major Companies
    Brookdale Senior Living Inc.
  • Table: Brookdale Senior Living Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Retirement Communities Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Retirement Communities Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • House price index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Activities Of Daily Living (Adl)
  • Everyday activities such as bathing, grooming, eating, using the toilet and getting dressed.
  • Care For Alzheimer's Disease And Dementia
  • Care provided to individuals with memory impairment; can include medical and social assistance with activities of daily living.
  • Continuing Care Retirement Community (Ccrc)
  • A facility that provides individuals with a choice of services and living situations for the remainder of their lives.
  • Hospice Care
  • Care and comfort measures provided to those with a terminal illness and their families; can include medical, counseling and social services.
  • Nursing Home
  • A facility licensed by the state that provides 24-hour nursing care, room and board and activities for convalescent residents and those with chronic and/or long-term illnesses.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Retirement Communities:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Retirement Communities market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Retirement Communities, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear