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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.
CarePatrol
CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. Our home-based, low-investment business model is far different than senior home care franchises,
Cash Required: $50,000
Your CBD Store
Join the largest network of CBD brick and mortar stores. Enjoy the perks of owning your own successful business while also making a difference through partnerships, community, education, experience, and only the highest quality products.
Cash Required: $75,000
Oakley Home Access
Oakley Home Access is your opportunity to provide functional, personalized solutions Maximizing Mobility ™ for clients that straddle two booming industries — Healthcare and Construction. Unlock massive business & profit potential with our…
Cash Required: $100,000
Medi-Weightloss®
Bring the nation’s premier Medical Weight Loss Brand to your community. Demand for our proven program has never been stronger. Our financially rewarding opportunity includes comprehensive support and training for investors and doctors.
Cash Required: $150,000
American Business Systems
American Business Systems (ABS) is the fastest way to start your own medical billing business. 100% Money-Back Guarantee. Profit from ABS’ 25 years as America's leader in Medical Billing and get Live Online Training and Free Lifetime Support.
Cash Required: $28,900
Trailblazer Franchising
Educate and guide Trailblazers to the right franchise opportunity and help them own their future. Trailblazer Franchising helps aspiring entrepreneurs find and engage with profitable franchise businesses. Learn more now!
Cash Required: $80,000
FranNet - Become a FranNet Consultant
Are you looking for a better career path? Would you like to help other people start a business and help your community to grow? Would you like to be a part of an organization well-known in the franchise industry for its experience, expertise and ethics? If you…
Cash Required: $75,000
The Franchise Explorer
I offer a FREE assessment that tells you what type of franchise will suit you best. My clients need to be prepared to invest a minimum of $60,000 in a franchise.