DETROIT, January 18, 2019 /PRNewswire/ --
Stratview Research announces the launch of a new report
on Assisted Living Market - An Analysis of the Real Estate,
Insurance, Pharmaceutical, Diagnostics, Medical Devices, ICT and
Other Attractive Markets: 2019-2025.
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The report provides detailed insights on the market dynamics to
enable informed business decision making and growth strategy
formulation based on the opportunities present in the market.
Assisted Living Market: Highlights from the Report
In the recent G20 summit in Buenos
Aires (December 2018),
Japan had put forth it's demand to
include Aged Care in 2019 agenda. As the silver tsunami hits many
countries in the world, the market stands divided into two -
Prepared and Unprepared. Opportunity for service industries as well
as manufacturing companies are immense in the prepared (immediate
opportunity) and unprepared (near - mid-term opportunity) zone. It
is imperative to compare both sides of the market.
Stratview Research brings a 360-degree analysis on the potential
demand versus actual demand (available services) and projects the
gaps that can be converted into opportunity. Major developed
markets of assisted living / aged care such as Canada and the USA in North
America, the Netherlands, Germany and the UK in
Europe, Australia, New Zealand and Japan in Asia-Pacific have been studied in depth and
each segment of care or assistance has been analyzed to give
clarity to companies involved in pharmaceuticals, diagnostics,
medical devices, insurance, real estate/aged care homes, para
medical (nurses and healthcare assistants), wearable devices,
monitoring systems (ICT) across these regions. At the same
time, potential markets such as China, Singapore, Malaysia, Sweden, Norway, Finland, Portugal and others which are ready with
demands for assisted care living and would require products and
services specially customized to suit the needs of population above
the age of 60 years, have also been explored.
We believe that just growth forecast of markets is not enough to
clarify the exact nature of demand and identify the decision makers
in this market. Not only from the marketing point of view, but
sales strategists too need market information, especially when
their products and services are focused on a particular age
group.
This report, from Stratview
Research, analyses the decision makers, the purchasing power of
this population, access to social media, internet, the type of
assistance required per region and give further clarity. The
readers of this report will agree that "one size doesn't fit all".
Hence, depending on the race, ethnicity and geography, the demands
are bound to vary, globally. What works in Australia, may or may not work in Japan.
The Burning Questions this Report Will Answer
- What could be the possible hurdles in markets such as
India? Why is aged care not an
attractive segment in many countries? Are there enough policies to
promote these segments?
- What all are covered under social insurance scheme? What is the
scenario with private insurance?
- What are the best business models that has helped countries
such as the UK or the USA support
their senior population? How open is China while adopting aged care in the main
stream?
- Who buys these products? What is the purchasing power? Is it
different across all the age group (60-90 years) or are there
variations?
- Which is more attractive as a set up - hospice, assisted living
(apartments or row houses), smart living?
All the above questions require clarity for the existing service
providers and manufacturers, many of whom are still planning to
enter the market. At the same time, it is imperative to look at the
existing competition in this segment and prepare a counter
strategy. The report answers all the possible queries.
About the Author of the
Report: The author has been tracking the aged care / assisted
living market since the last 8 years and his work has been
published in major business magazines across the world. His key
publications are listed below:
-
https://issuu.com/charlton_media/docs/healthcareasia_july-oct2015
-
https://www.baysidegroup.com.au/blog/aged-care-to-see-shift-in-current-service-model/ (Previously
Published with Frost and Sullivan, 2015)
- A Silver Tsunami Invades the Health of Nations, Forbes, 2015
(with Reenita Das)
Research Methodology
Our reports offer high-quality insights and are the outcome of
detailed research methodology comprising extensive secondary
research, rigorous primary interviews with industry stakeholders
and validation and triangulation with Stratview Research's internal
database and statistical tools. More than 1,000 authenticated
secondary sources, such as company annual reports, fact book, press
release, journals, investor presentation, white papers, patents,
and articles have been leveraged to gather the data. About 20
detailed primary interviews with the market players across the
value chain in all four regions and industry experts have been
executed to obtain both the qualitative and quantitative
insights.
Stratview Research has number of high value market reports in
the global healthcare industry. Please refer to the
following link to browse through our reports:
Click Here for Other Reports from Stratview
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