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this “U.S. assisted living facilities market size, sharing and trend analysis report, and market segment forecasts 2021-2027” Report has been added to ResearchAndMarkets.com supply.
The size of the U.S. assisted living facilities market is expected to reach US$119.2 billion by 2027, and is expected to grow at a compound annual growth rate of 5.3% from 2021 to 2027
During the forecast period, the increase in the incidence of brain injury, the increase in the elderly population and the development of technology are expected to drive market growth.
In the United States, assisted living facilities (ALF) provide meals, housekeeping services, social and recreational activities, and exercise and health programs. They also provide medical assistance in emergencies. Adults who choose assisted living pay for their savings and investments. Community service providers, family suppliers and senior homes provide the assistance and facilities needed to meet the daily needs of the elderly.
Due to the increase in life expectancy, the increase in the elderly population is expected to grow rapidly in the future. According to data from the National Institute on Aging (NIA), about 8.5% of the world’s population…
The full story on Benzinga.com
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