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Aged Care Industry

April 8, 2015 / by Julian

The Growing Aged Care Industry

Aged care is a diverse and dynamic industry across the world. There are more than 47 million people in the US alone that are above 65-years. More than 25% of this population requires the assistance of aged care services. This is a good opportunity for service providers offering aged care services. In fact, there has not been a time in history with growth statistics similar to this where the aged care industry is concerned. The aged care industry is one of the fastest growing industries in the U.S. as well as in most of the other countries in the world. Australia is another example of a similar kind of growth in the aged care industry. This article highlights some important facts about the growing aged care industry.

The senior population in the US has grown as twice as fast as the overall population since the beginning of the 80s. In fact, it is one of the fastest growing sectors in the United States. It is expected to grow at a phenomenal rate during the next decade too. The demand for non-medical aged care services growing in the US like never before in history. This is why you should consider getting into the business right now without further delay as advised by Jindalee Aged Care Residence.

According to the AARP, most American’s prefer to remain in their own homes as they age. Nearly 70% of the aged population in America will live in their own homes with no intention of moving out. More than 80% of these seniors require assistance from aged care services to perform their day to day activities. Today, there is an ever-increasing senior population with the least available resources to help them with their day to day living. At the same time, the older population in the country has a longer life expectancy than before. They must live in a secure, safe and free from any water damaged carpets in general.

Psychologists believe that seniors can retain that important sense of independence by remaining in their own homes. In fact, it is psychologically beneficial for seniors to remain in familiar surroundings as they age. Forced relocation can have detrimental mental effects on seniors. They may suffer from depression, anxiety, and disorientation if they are forced to relocate to a home for the aged.

In conclusion, the growth of the aged care industry is phenomenal. There are many opportunities for aged care service providers to thrive in their businesses due to this ever-increasing demand in the aged care industry.

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