If you are thinking about starting a home health care business, it is imperative to gain insights into the population you’ll be catering to. That’s because knowing who and what to address can go a long way toward ensuring positive outcomes in your endeavors.
At UR First Home Health Care Franchise, we go above and beyond to equip you with all you need to run a home care franchise. We do this not only to set you up for success but also to enable individuals and families to obtain the highest quality of care.
As such, here are a few trends in the senior care industry as well as their effects on your potential senior living franchise:
- Presently, the industry services over 15 million clients.
Fifteen million clients are highly promising for businesses interested in starting a senior home health care franchise. Prospective franchise owners will have an excess of clients to support owing to the high demand for medical and non-medical care services.
- A growing trend toward aging in place.
The AARP reports that 87% of adults 65 and older prefer to stay in their homes in the future. This means that in the coming years, there will also be a continuous rise in demand for home care services and providers.
- By 2040, the U.S. senior population alone will number 81.2 million.
For the next two decades, the baby boomer generation will be turning 65 daily. With thousands of people aging every day, millions will be ready for in-home care services by 2040.