Senior Living Global Market Report 2024

Senior Living Global Market Report 2024 – By Service (Assisted living, Independent living, Continuing Care Retirement Community (CCRC)), By Facility Type (Adult Family Home, Community-Based Residential Facility (CBRF), Residential Care Apartment Complex (RCAC)), By Application (Below 65 Years Old, 65 To 75 Years Old, 76 To 85 Years Old, Above 85 Years Old) – Market Size, Trends, And Global Forecast 2024-2033

Name: Senior Living Global Market Report 2024
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Senior Living Global Market Report 2024

Starting Price : $5000.00 $4000.00 | Pages : 175 | Published : November 2024 | Delivery Time: 2-3 business days | Format : pdf

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Senior Living Market Definition

Senior living refers to residential communities designed specifically for older adults, offering various levels of care and support tailored to their needs. They are used to provide a range of services, including independent living, assisted living, and memory care, to enhance the quality of life and ensure the safety and well-being of seniors.

The main services of senior living are assisted living, independent living, and continuing care retirement community (CCRC). Assisted living provides housing and support for seniors who need help with daily activities but do not require intensive medical care. Residents typically live in private apartments or rooms and receive assistance with activities like bathing, dressing, and medication management. The various facility types include the adult family home, community-based residential facility (CBRF), and residential care apartment complex (RCAC) and various applications involved are below 65 years old, 65 to 75 years old, 76 to 85 years old, and above 85 years old.

Senior Living Market Segmentation

The senior living market covered in this report is segmented –

1) By Service: Assisted living, Independent living, Continuing Care Retirement Community (CCRC)

2) By Facility Type: Adult Family Home, Community-Based Residential Facility (CBRF), Residential Care Apartment Complex (RCAC)

3) By Application: Below 65 Years Old, 65 To 75 Years Old, 76 To 85 Years Old, Above 85 Years Old

Global Senior Living Market Size 2023 to 2028: Graph

Senior Living Market Size 2024 And Growth Rate

The senior living market size has grown strongly in recent years. It will grow from $1.74 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the aging baby boomer generation, increasing life expectancy, growing demand for personalized care, rising awareness of senior health and wellness, and changes in family structures and dynamics.

Senior Living Market Growth Forecast

The senior living market size is expected to see strong growth in the next few years. It will grow to $2.63 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to the expanding senior population, increasing demand for integrated and community-based care, growth in disposable income among retirees, rising personalized and wellness-oriented living environments, and evolving preferences for multi-generational and age-inclusive communities. Major trends in the forecast period include integration of wellness and preventive health programs, focus on sustainability and eco-friendly living environments, expansion of virtual and remote care services, growth in luxury and customized senior living options, and enhanced emphasis on mental health and cognitive support services.

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Senior Living Market Driver: Growing Aging Population To Propel Expansion In Senior Living Market

The rising aging population is expected to drive the senior living market going forward. The aging population refers to the increasing proportion of older individuals within a population due to longer life expectancy and declining birth rates. The aging population increases due to increased life expectancy and declining birth rates. Senior living helps the aging population by offering tailored housing and care options that support their evolving needs, enhance their quality of life, and provide access to essential services and social activities. For instance, in 2023, according to the United Nations (UN), a US-based intergovernmental organization, the number of people aged 65 and older is projected to more than double, expanding from 761 million in 2021 to 1.6 billion by 2050. Therefore, the rising aging population will drive the senior living market.

Global Senior Living Market Major Players

Major companies operating in the senior living market are Genesis Healthcare Inc., Sunrise Senior Living, Brookdale Senior Living, Amedisys Inc., BrightStar Care, Holiday Retirement, Senior Lifestyle Corporation, Five Star Senior Living, Enlivant, Atria Senior Living, Watermark Retirement Communities, The Arbor Company, Integral Senior Living, Comfort Keepers, The Kensington, Cadence Living, Merrill Gardens, Erickson Senior Living, Life Care Services, Cedarhurst Senior Living, Sage Life, Belmont Village Senior Living, Visiting Angels, Right at Home, Solstice Senior Living

Global Senior Living Market Trend: Enhancing Senior Living With Advanced Real-Time Operational Intelligence

Major companies operating in the senior living market are focused on developing innovative technologies, such as proactive intelligence for senior living, to enhance their ability to proactively manage resident care, improve decision-making, and ensure better overall outcomes for residents and staff. Proactive intelligence for senior living is a cutting-edge real-time system engineered to deliver advanced care and operational intelligence specifically for senior living operators. For instance, in March 2024, August Health, a US-based digital healthcare technology company, launched August Health Insights, a real-time system designed to provide advanced care and operational intelligence for senior living operators, enabling them to proactively identify and address emerging risks and unmet resident care needs. It is a real-time system that enhances senior living operations by providing visibility into community care and operations. It identifies emerging risks, flags high-risk residents and incident clusters, and consolidates data into an actionable dashboard to improve care and operational efficiency.

Senior Living Market Merger And Acquisition: A Friendship Retirement Community Acquires Richfield Living To Expand Senior Living Services

In October 2023, Friendship Retirement Community, a US-based non-profit organization, acquired Richfield Living for $62 million. With this acquisition, Friendship Retirement Community aims to expand its service offerings and enhance its reach in the senior living sector by integrating Richfield Living's resources and expertise. Richfield Living is a US-based senior living community that provides various services, including independent living, assisted living, and skilled nursing care.

Regional Insights For The Global Senior Living Market

North America was the largest region in the senior living market in 2023. The regions covered in the senior living market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the senior living market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The senior living market includes revenues earned by entities that provide services such as memory care, skilled nursing care, respite care, rehabilitation services, and social and recreational activities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The senior living market research report is one of a series of new reports from The Business Research Company that provides senior living market statistics, including senior living industry global market size, regional shares, competitors with a senior living market share, detailed senior living market segments, market trends, and opportunities, and any further data you may need to thrive in the senior living industry. This senior living research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Senior Living Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$ 2.42 Billion
Revenue Forecast In 2033	$ 5.49 Billion
Growth Rate	CAGR of 22.80% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Service: Assisted living, Independent living, Continuing Care Retirement Community (CCRC) 2) By Facility Type: Adult Family Home, Community-Based Residential Facility (CBRF), Residential Care Apartment Complex (RCAC) 3) By Application: Below 65 Years Old, 65 To 75 Years Old, 76 To 85 Years Old, Above 85 Years Old
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Genesis Healthcare Inc., Sunrise Senior Living, Brookdale Senior Living, Amedisys Inc., BrightStar Care, Holiday Retirement, Senior Lifestyle Corporation, Five Star Senior Living, Enlivant, Atria Senior Living, Watermark Retirement Communities, The Arbor Company, Integral Senior Living, Comfort Keepers, The Kensington, Cadence Living, Merrill Gardens, Erickson Senior Living, Life Care Services, Cedarhurst Senior Living, Sage Life, Belmont Village Senior Living, Visiting Angels, Right at Home, Solstice Senior Living
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Senior Living Market Characteristics

3. Senior Living Market Trends And Strategies

4. Senior Living Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Senior Living Market Size and Growth

5.1. Global Senior Living Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Senior Living Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Senior Living Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Senior Living Market Segmentation

6.1. Global Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Assisted Living

Independent Living

Continuing Care Retirement Community (CCRC)

6.2. Global Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Adult Family Home

Community-Based Residential Facility (CBRF)

Residential Care Apartment Complex (RCAC)

6.3. Global Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Below 65 Years Old

65 To 75 Years Old

76 To 85 Years Old

Above 85 Years Old

7. Senior Living Market Regional And Country Analysis

7.1. Global Senior Living Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Senior Living Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Senior Living Market

8.1. Asia-Pacific Senior Living Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Senior Living Market

9.1. China Senior Living Market Overview

9.2. China Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Senior Living Market

10.1. India Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Senior Living Market

11.1. Japan Senior Living Market Overview

11.2. Japan Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Senior Living Market

12.1. Australia Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Senior Living Market

13.1. Indonesia Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Senior Living Market

14.1. South Korea Senior Living Market Overview

14.2. South Korea Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Senior Living Market

15.1. Western Europe Senior Living Market Overview

15.2. Western Europe Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Senior Living Market

16.1. UK Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Senior Living Market

17.1. Germany Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Senior Living Market

18.1. France Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Senior Living Market

19.1. Italy Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Senior Living Market

20.1. Spain Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Senior Living Market

21.1. Eastern Europe Senior Living Market Overview

21.2. Eastern Europe Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Senior Living Market

22.1. Russia Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Senior Living Market

23.1. North America Senior Living Market Overview

23.2. North America Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Senior Living Market

24.1. USA Senior Living Market Overview

24.2. USA Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Senior Living Market

25.1. Canada Senior Living Market Overview

25.2. Canada Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Senior Living Market

26.1. South America Senior Living Market Overview

26.2. South America Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Senior Living Market

27.1. Brazil Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Senior Living Market

28.1. Middle East Senior Living Market Overview

28.2. Middle East Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Senior Living Market

29.1. Africa Senior Living Market Overview

29.2. Africa Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Senior Living Market Competitive Landscape And Company Profiles

30.1. Senior Living Market Competitive Landscape

30.2. Senior Living Market Company Profiles

30.2.1. Genesis Healthcare Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Sunrise Senior Living

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Brookdale Senior Living

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Amedisys Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. BrightStar Care

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Senior Living Market Other Major And Innovative Companies

31.1. Holiday Retirement

31.2. Senior Lifestyle Corporation

31.3. Five Star Senior Living

31.4. Enlivant

31.5. Atria Senior Living

31.6. Watermark Retirement Communities

31.7. The Arbor Company

31.8. Integral Senior Living

31.9. Comfort Keepers

31.10. The Kensington

31.11. Cadence Living

31.12. Merrill Gardens

31.13. Erickson Senior Living

31.14. Life Care Services

31.15. Cedarhurst Senior Living

32. Global Senior Living Market Competitive Benchmarking

33. Global Senior Living Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Senior Living Market

35. Senior Living Market Future Outlook and Potential Analysis

35.1 Senior Living Market In 2028 - Countries Offering Most New Opportunities

35.2 Senior Living Market In 2028 - Segments Offering Most New Opportunities

35.3 Senior Living Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Figure 1:

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Figure 3: Global Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 4: Global Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 5: Global Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 6: Global Senior Living Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 7: Global Senior Living Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 8: Asia-Pacific, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 9: Asia-Pacific, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 10: Asia-Pacific, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 11: China, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 12: China, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 13: China, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 14: India, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 15: India, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 16: India, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 17: Japan, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 18: Japan, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 19: Japan, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 20: Australia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 21: Australia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 22: Australia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 23: Indonesia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 24: Indonesia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 25: Indonesia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 26: South Korea, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 27: South Korea, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 28: South Korea, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 29: Western Europe, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 30: Western Europe, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 31: Western Europe, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 32: UK, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 33: UK, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 34: UK, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 35: Germany, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 36: Germany, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 37: Germany, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 38: France, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 39: France, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 40: France, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 41: Italy, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 42: Italy, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 43: Italy, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 44: Spain, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 45: Spain, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 46: Spain, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 47: Eastern Europe, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 48: Eastern Europe, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 49: Eastern Europe, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 50: Russia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 51: Russia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 52: Russia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 53: North America, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 54: North America, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 55: North America, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 56: USA, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 57: USA, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 58: USA, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 59: Canada, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 60: Canada, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 61: Canada, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 62: South America, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 63: South America, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 64: South America, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 65: Brazil, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 66: Brazil, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 67: Brazil, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 68: Middle East, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 69: Middle East, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 70: Middle East, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 71: Africa, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 72: Africa, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 73: Africa, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 74: Genesis Healthcare Inc. Financial Performance
Figure 75: Sunrise Senior Living Financial Performance
Figure 76: Brookdale Senior Living Financial Performance
Figure 77: Amedisys Inc. Financial Performance
Figure 78: BrightStar Care Financial Performance

List Of Figures

Table 1:

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 6: Global Senior Living Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 7: Global Senior Living Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 8: Asia-Pacific, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 9: Asia-Pacific, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 10: Asia-Pacific, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 11: China, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 12: China, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 13: China, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 14: India, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 15: India, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 16: India, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 17: Japan, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 18: Japan, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 19: Japan, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 20: Australia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 21: Australia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 22: Australia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 23: Indonesia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 24: Indonesia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 25: Indonesia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 26: South Korea, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 27: South Korea, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 28: South Korea, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 29: Western Europe, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 30: Western Europe, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 31: Western Europe, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 32: UK, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 33: UK, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 34: UK, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 35: Germany, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 36: Germany, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 37: Germany, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 38: France, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 39: France, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 40: France, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 41: Italy, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 42: Italy, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 43: Italy, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 44: Spain, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 45: Spain, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 46: Spain, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 47: Eastern Europe, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 48: Eastern Europe, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 49: Eastern Europe, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 50: Russia, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 51: Russia, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 52: Russia, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 53: North America, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 54: North America, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 55: North America, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 56: USA, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 57: USA, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 58: USA, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 59: Canada, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 60: Canada, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 61: Canada, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 62: South America, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 63: South America, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 64: South America, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 65: Brazil, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 66: Brazil, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 67: Brazil, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 68: Middle East, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 69: Middle East, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 70: Middle East, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 71: Africa, Senior Living Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 72: Africa, Senior Living Market, Segmentation By Facility Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 73: Africa, Senior Living Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 74: Genesis Healthcare Inc. Financial Performance
Table 75: Sunrise Senior Living Financial Performance
Table 76: Brookdale Senior Living Financial Performance
Table 77: Amedisys Inc. Financial Performance
Table 78: BrightStar Care Financial Performance

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Frequently Asked Questions

What is the definition of the senior living market?

How will the senior living market drivers and restraints affect the senior living market dynamics? What forces will shape the senior living industry going forward?

The senior living market major growth driver - Growing Aging Population To Propel Expansion In Senior Living Market. For further insights on the senior living market, request a sample here

What is the forecast market size or the forecast market value of the senior living market?

The senior living market size has grown strongly in recent years. It will grow from $1.74 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the aging baby boomer generation, increasing life expectancy, growing demand for personalized care, rising awareness of senior health and wellness, and changes in family structures and dynamics. The senior living market size is expected to see strong growth in the next few years. It will grow to $2.63 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to the expanding senior population, increasing demand for integrated and community-based care, growth in disposable income among retirees, rising personalized and wellness-oriented living environments, and evolving preferences for multi-generational and age-inclusive communities. Major trends in the forecast period include integration of wellness and preventive health programs, focus on sustainability and eco-friendly living environments, expansion of virtual and remote care services, growth in luxury and customized senior living options, and enhanced emphasis on mental health and cognitive support services. For further insights on the senior living market, request a sample here

How is the senior living market segmented?

The senior living market is segmented
1) By Service: Assisted living, Independent living, Continuing Care Retirement Community (CCRC)
2) By Facility Type: Adult Family Home, Community-Based Residential Facility (CBRF), Residential Care Apartment Complex (RCAC)
3) By Application: Below 65 Years Old, 65 To 75 Years Old, 76 To 85 Years Old, Above 85 Years Old For further insights on the senior living market, request a sample here

Which region has the largest share of the senior living market? What are the other regions covered in the report?

North America was the largest region in the senior living market in 2023. The regions covered in the senior living market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the senior living market, request a sample here.

Who are the major players in the senior living market?

What are the key trends in the senior living market?

Major trend in the senior living market - Enhancing Senior Living With Advanced Real-Time Operational Intelligence. For further insights on the senior living market, request a sample here.

What are the major opportunities in the senior living market? What are the strategies for the senior living market?

For detailed insights on the major opportunities and strategies in the senior living market, request a sample here.

How does the senior living market relate to the overall economy and other similar markets?

For detailed insights on senior living market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the senior living industry?

For detailed insights on the mergers and acquisitions in the senior living industry, request a sample here.

What are the key dynamics influencing the senior living market growth? SWOT analysis of the senior living market.

For detailed insights on the key dynamics influencing the senior living market growth and SWOT analysis of the senior living industry, request a sample here.