United States Assisted Living Facility Market Outlook Report 2022-2027: Advent of Next-Generation Assisting Living Communities & Rise in Frequency of Mergers and Acquisitions Bolsters Growth – ResearchAndMarkets.com

DUBLIN–(TYPE OF BUSINESS)–Report “US Assisted Living Market – Industry Outlook and Forecast 2022-2027” has been added ResearchAndMarkets.com the offer.

It is expected that in 2022-2027 The US residential market will grow at a CAGR of 5%.

In the United States, the increased transition of elderly/older adults to independent living provides major market growth opportunities for the assisted housing market. The significant aging of the population increases the demand for independent living facilities. In 2019, approximately 92% of the US elderly population showed a steady trend of independent living workload. In recent years, major players and new players have increased their focus on high-end communities, changing the landscape of the US residential market.

In recent years, the construction of subsidized housing has increased significantly and, fueling the growth of the market, there is an increase in construction activity related to residential units throughout the United States. Major companies in the US residential market are engaged in inorganic growth strategies. Mergers and acquisition strategies are accelerating the expansion and geographic presence of the AL community at the industry level.

In addition, the new concept of active adult living in ALF attracts people to it. Even before retirement, soon-to-retire people join active living spaces. This is when they have a lot of cash flow after retirement; these active living spaces are unique and have better options according to their requirements. In recent years, this group has been considered a better target group for ALF

Industry Rules

In the US residential market, the regulatory environment surrounding ALFs continues to tighten in a variety of ways. Local, state and federal officials are increasingly focused on enforcing laws and regulations that directly affect the ability to provide assistance.

Multi-community operators are particularly affected. Certain rules and regulations affect state and local (domestic) laws, affect licensing, protect the consumer against misleading scenarios, and affect the management, properties, and equipment of assisted living communities.

The role of Medicare and Medicaid

Most assisted living communities rely on reimbursement from state funding and programs such as Medicare and Medicaid for some of the company’s revenue. Medicare and Medicaid do not fully cover the cost of assisted living or rent, but Medicaid does cover medical expenses in an assisted living facility. Medicare and Medicaid have some reimbursements that are helpful for assisted living and seniors who live in assisted living facilities.

PRINCIPAL PRODUCTS

Over 28,900 helping communities operating in the US. Health care spending for seniors is increasing in the United States. In 2020, healthcare spending rose to $4.1 trillion. This increase is significantly higher compared to 2019. In 2022, SeniorLiving.org published a report on assisted living costs and home care costs in the US. In 2022, more than 800,000 American seniors will live in AL communities.

After the Covid-19 pandemic, supported residences are being consolidated. Many chain-based residential facilities are adding more ACPs or breaking them into smaller units to handle operating costs and implement changes more quickly. Smaller independent living facilities are managing industry change better than the ALF chain. Post-pandemic, the scenario has changed in the US housing market; the number of people entering nursing and long-term care facilities is decreasing. However, there has been a moderate increase in the number of people signing up for ALF. This number is expected to increase in the future

Many US-based assisted living organizations are involved in various innovation initiatives. New technologies, ideas and operating models to improve residential care facilities and enhance resident engagement and experience are being introduced to the US residential market. Using advanced technology platforms such as remote monitoring, telemedicine and connected devices, ASF expects solutions to reduce complexity and increase productivity at a price people can afford.

PUBLISHER LANDSCAPE

Brookdale Senior Living, Alerislife (Five Star Senior Living), Atria Senior Living and Enlivant have a large share of the US residential housing market. Due to the company’s high geographical presence, expertise and well-known brand image, they have a better share of the industry in the United States. The US housing market is highly competitive with many organizations offering similar services and community-based service programs.

With more than 28,900 dependent care providers currently available in the US, Brookdale Senior Living, Alerislife (a five-star senior living), Atria Senior Living and Enlivant hold a large share of the US residential market. In 2022, there were approximately 2,500 different senior living providers available in the United States, including assisted living facilities.

Main sellers

  • AlerisLife

  • Atria Senior Living

  • Brookdale Senior Living

  • To revive

Other notable sellers

  • ALG Sr

  • American Senior Living

  • Gazebo company

  • Allegro senior residence

  • Aegis Living

  • Brightview Senior Living

  • The benchmark for Senior Living

  • Belmont Village Senior Living

  • Capital residence for senior citizens

  • Civitas Senior Living

  • Clearwater Living

  • Century Park Associates

  • Discovery Senior Living

  • Frontier Management LLC

  • Gardant management solution

  • Genesis Healthcare

  • Integral senior living

  • Life care services

  • Kisco Seniors Residence

  • Respite care

  • Meridian Senior Living

  • Merrill’s Garden

  • MBK Senior Living

  • Northbridge Enterprises

  • Northstar Senior Living

  • Oakmont Senior Living

  • Pinnacle Senior Living

  • Pacifica Senior Living

  • The way to life

  • Pegasus Senior Living

  • Prestige care

  • Senior living

  • Senior Resource Group (SRG)

  • Spring Arbor Senior Living

  • Sincerely Senior Living

  • Trilogy Health Services

  • Vi

  • Watermark Retirement Communities

  • Waltonwood Senior Living

Main topics covered:

1 Research methodology

2 Research objectives

3 Research process

4 Scope and coverage

4.1. Market definition

4.2 Base Year

4.3. Scope of the study

5 Statement of Assumptions and Caveats

5.1. Key warnings

5.2. Currency conversion

5.3. Market Derivation

6 The market at a glance

7 Introduction

7.1. Overview

7.1.1. Impact of Covid-19 on Alf occupancy and construction activity

8 Premium Insights

8.1. US Assisted Living Market: A Segmentation Analysis

8.2. Insights into gender segmentation

8.3. Ownership Segmentation Insights

8.4. Age group segmentation insights

8.5. Regional Segmentation Insights

9 Market opportunities and trends

9.1. An increase in the number of independent living communities

9.2. Development of high-end and mid-range Alfs

9.3. The emergence of active adult living communities

10 drivers of market growth

10.1. Increasing prevalence of Alzheimer’s dementia and other cognitive disorders

10.2. The next generation of assisted living communities

10.3. Increase in the frequency of mergers and acquisitions

11 Market Limitations

11.1. Covid-19 and its impact on Alfs

11.2. Increase in operational risks and challenges

11.3. Alternatives to assisted living communities

12 Market landscape

12.1. Market overview

12.2. Market size and forecast

12.2.1. Insights into gender segmentation

12.2.2. Ownership Segmentation Insights

12.2.3. Age group segmentation insights

12.2.4 Regional Segmentation Insights

12.3. Five Forces Analysis

13 Gender

13.1. Market snapshot and growth agenda

13.2. Market overview

13.3. A woman

13.4 Man

14 Ownership

14.1. Market snapshot and growth agenda

14.2. Market overview

14.3. Chained

14.4. Independent property

15-year-old age group

15.1. Market Snapshot and Growth Agenda

15.2. Market overview

15.3 85 and over

15.4 75 to 84

15.5 60 to 74

For more information on this report, visit https://www.researchandmarkets.com/r/8ww2c0

Source

Also Read :  "A very much active situation," says UVa official regarding shooter

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button