Competitive Benchmarking and Forecasts for Market Players 2023-2027
The rising life expectancy, the aging baby boomer population, and the benefits offered by retirement communities are transforming the market landscape of Retirement Communities worldwide. According to the market assessment, it is a billion-dollar sector in making with forecasted market revenue growth of USD 545.85 billion, Retirement Communities Market is estimated to grow at a CAGR of 5.93% between 2022 and 2027.
Senior Analyst at Technavio quoted ~ "The aging of the baby boomer population is a major driver of the global retirement community market" As this group ages, are looking for retirement options that provide a comfortable and secure lifestyle.
Snapshot of Retirement Communities Market
Core Companies and their Key Offerings: When it comes to the key market players, the rising demand from Senior communities, is pushing the companies to offer a wide array of housing options and services for seniors, including independent living, assisted living, and memory care.
It also offers amenities such as fitness centers, social activities, and health services, making them attractive options for seniors seeking a comfortable and engaging lifestyle in retirement.
American Retirement Homes Inc.Brookdale Senior Living Inc.British United Provident Association Ltd. Enlivant Master Mgmt CO LLCErickson Senior Living Management LLCFront PorchHonor Technology Inc.Interim HealthCare Inc.KorianLife Care Companies LLCSenior LifestyleSienna Senior Living Inc.Sonida Senior Living Inc.Sunrise Senior Living LLCVillage Concepts, etc are some of the major market participants of the Retirement Communities Market.
Technavio's report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment along with a profiled analysis of the market pioneers. Download our sample report on the Retirement Communities Market to discover more aspects of the market growth with data-backed analysis.
Retirement Communities Market Highlights