Comfort Keepers®: The #1 Senior Care Franchise Network in 2015
Comfort Keepers is a leading provider of in-home care, companion services, and home safety technology for seniors and other loved ones needing assistance to remain in the privacy and comfort of their own home. Learn more about franchising with Comfort Keepers.
The in-home senior care services industry will experience significant growth over the next 40 years. In 2013 the market for in-home care is projected to reach approximately $22 billion*, exhibiting a decade-long average compound annual growth rate of 10%. This industry is in its infancy. In today’s business environment, how many industries can you identify that can feasibly project this growth rate?
Population Trends and Demand Drivers
Today, there are 40 million adults† age 65+ in the U.S. What’s more, this population is expected to nearly double to 70 million over the next 30 years. With an increasing average life expectancy for Americans reaching over 75 years of age, the need for senior care will continue to escalate.