Join The Growing Home Care Industry And Make A Positive Impact On The Lives Of Seniors And Families In Your Area
With the home care industry approaching $346 Billion, there has never been a better time to invest in a home care franchise such as Briggs Home Care.
Here are a few facts about the home and senior care industry you’ll love.
- The home care industry is projected to grow at a compound annual growth rate of 4.9% between 2020 and 2027.
- In 2020, the global home care market was valued at $284.9 billion and is expected to reach $471.7 billion by 2027.
- The aging population and the increasing number of people with chronic conditions are driving the growth of the home care industry.
- The home care industry employs over 4 million workers in the United States alone, with the majority of those workers being women.
- The home care industry is becoming increasingly diverse, with an increasing number of minority-owned home care businesses.
- The home care industry is projected to be one of the fastest-growing industries in the United States, with an estimated 3.6 million new jobs expected to be created by 2028.
- The home care industry is becoming increasingly technology-driven, with the use of telehealth and remote monitoring systems becoming more common.
- The home care industry is becoming increasingly regulated, with new laws and regulations being implemented to protect the health and safety of clients.
- The home care industry is becoming increasingly competitive, with new companies entering the market and existing companies expanding their services.
- The home care industry is becoming increasingly specialized, with new services being developed to meet the unique needs of different client populations, such as veterans and individuals with autism.