Take care: An aging population will drive industry demand for in-home senior care services

IBISWorld’s In-Home Senior Care Franchises Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.


Industry Threats & Opportunities

  • The number of adults older than 65 is expected to grow, accelerating industry growth
  • The rapidly growing senior population has continued to drive growth for industry operators
  • A growing number of long-term care insurance plans will spur industry demand

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    Industry Analysis & Industry Trends

    The In-Home Senior Care Franchises industry is benefiting from a growing number of aging baby boomers. As people live longer due to the advancements in medicine and technology, a growing number of seniors are looking to age in their homes and maintain independence for as long as possible. Franchise establishments that provide medical and nonmedical in-home services allow seniors to do just that. Although industry growth slowed slightly during the economic downturn, in-home senior care franchising has remained strong. This growth is expected to accelerate over the next five years, with the demographic changes expected to continue unabated...

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    Industry Report - Industry Products Chapter

    During the five years to 2016, the popularity of services provided by franchise organizations has been growing as more Americans age and cope with chronic conditions, bolstering demand for industry services. The laws governing these services and what exactly can be performed by home care agencies, home healthcare agencies or hospices vary from state to state. For the most part, non-medical senior home care is a private pay service, meaning it is not covered by Medicare or Medicaid programs and must be paid for independently. Medicare, Medicaid, long-term care insurance or veteran's benefits often cover home healthcare services.


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    Additional Insights for the In-Home Senior Care Franchises Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the In-Home Senior Care Franchises Industry are

  • Recommendation/accreditation from authoritative sources
  • Effective quality control
  • Ability to take advantage of government subsidies and other grants
  • IBISWorld analysts also discuss how external factors such as Number of adults aged 65 and older and Federal funding for Medicare and Medicaid in the In-Home Senior Care Franchises industry impact industry performance..

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    Industry Products

    What is the In-Home Senior Care Franchises Industry?

    This industry provides in-home healthcare services to people aged 65 and older. Services may include skilled nursing care, homemaker and companion services, physical therapy and medical social services.Our Business Franchise collection focuses solely on franchised outlet operations and excludes nonfranchise data. They show the total number of franchise outlets, total revenue and the average profit margin earned. Our reports also highlight the largest franchisors by market share.

    Industry Products
    Traditional home healthcare and home nursing care
    Home hospice (end of life) care services
    Home therapy services
    Homemaker and personal services
    Industry Activities
    Providing personal care
    Providing homemaker and companion services
    Physical therapy
    Medication dispensing
    Providing 24-hour home care
    Occupational and vocational therapy
    Dietary and nutritional services
    Intravenous therapy

    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
  • Federal funding for Medicare and Medicaid
  • Per capita disposable income
  • Number of people with private health insurance
  • Federal expenditure on disability benefits
  • National unemployment rate

  • Current Performance
  • Insurance and incomes dictate prices
  • Start-up opportunities in senior care
  • Internal competition remains high
  • Chart: Revenue Growth

  • Industry Outlook
  • Brands and franchisees expand
  • Industry landscape
  • Table: In-Home Senior Care Franchises Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - In-Home Senior Care Franchises Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Life Insurance & Annuities
  • Health & Medical Insurance
  • Primary Care Doctors
  • Specialist Doctors
  • Hospitals
  • Retirement Communities

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Employment & Recruiting Agencies
  • Generic Pharmaceutical Manufacturing
  • Glasses & Contact Lens Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Medical Supplies Wholesaling
  • Public Administration

  • Products & Services
  • Traditional home healthcare and home nursing care
  • Home hospice (end of life) care services
  • Home therapy services
  • Homemaker and personal services
  • Other
  • Chart: In-Home Senior Care Franchises Industry Products and Services Segmentation

  • Demand Determinants
  • Demographics
  • Affordability

  • Major Markets
  • Out-of-pocket
  • Medicare
  • Medicaid
  • Private insurance
  • Other sources
  • Other government (e.g. Veterans Affairs, Indian Affairs, etc.)
  • Chart: Major Market Segmentation for the In-Home Senior Care Franchises Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs In-Home Senior Care Franchises

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the In-Home Senior Care Franchises Industry

  • Industry Globalization
    Major Companies
    Home Instead Senior CareInterim HealthCare Inc.Comfort KeepersLiving Assistance Services Inc.Right at Home Inc.Griswold Special Care
  • Table: Home Instead Senior Care - financial performance
  • Table: Interim HealthCare Inc. - financial performance
  • Table: Comfort Keepers - financial performance
  • Table: Living Assistance Services Inc. - financial performance
  • Table: Right at Home Inc. - financial performance
  • Table: Griswold Special Care - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the In-Home Senior Care Franchises 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 In-Home Senior Care Franchises Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Adults 65 years and over (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Age In Place
  • The ability to live in one's own home and community safely, independently and comfortably, regardless of age, income or ability level.
  • Franchisee
  • A holder of a franchise; a person who is granted a franchise
  • Franchisor
  • The owner of the franchise who sells licenses to those who wish to operate under the corporate name of tradestyle.
  • Hospice
  • A type of care and a philosophy of care which focuses on the palliation of a terminally ill patient's symptoms.
  • Medicaid
  • A government program, financed by federal, state and local funds, of hospitalization and medical insurance for persons of all ages within certain income limits.
  • Medicare
  • A government program of hospitalization insurance and voluntary medical insurance for persons age 65 and over and for certain disabled persons under 65.
  • 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 In-Home Senior Care Franchises:
    • 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 In-Home Senior Care Franchises 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 In-Home Senior Care Franchises, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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