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Senior Health Care Industry - Trends, Fastest-Growing, and Franchising

The senior healthcare industry is seeing unprecedented growth as the Baby Boomer generation ages and the demand for quality care soars. “We’re in an unprecedented time for senior care and the demand for services is only going to increase”, says Dr. Sarah Smith, an industry expert. In the US, the population of seniors aged 65 and older increased by 8.6% between 2013 and 2018 and is projected to increase by 44% over the next 20 years. According to a report by IBIS World, states seeing the greatest growth in the senior-health care industry are:

  • California
  • Texas
  • Florida
  • New York
  • Pennsylvania

In addition to the growing demand, legislation such as the H.R.3107 - Improving Seniors’ Timely Access to Care Act of 2019 is aimed at expanding access to quality senior care services and encouraging the development of more senior care businesses. This makes the senior healthcare industry an ideal industry for franchising, as franchisees can leverage existing brand recognition to gain a competitive edge and build a successful business in a growing market.

Caring Transitions

Caring Transitions is a low-cost, home-based franchise that allows you to help older adults and their families with major transitions. Rather than concentrate on one service, we focus on the full needs of our clients in this time of transition. By meeting all…

Cash Required: $50,000

TruBlue Home Service Ally

TruBlue is working to ease the burden of home upkeep for busy families and seniors aging-in-place through senior modifications, home maintenance, handyman services, and ongoing maintenance programs. Our franchisees have the opportunity to run a successful…

Cash Required: $50,000

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