Senior Care Businesses: How Fast Is the Industry Growing

Are you interested in joining one of the fastest-growing industries? Senior care is a booming market right now, so launching a franchise in this area is an excellent investment.

How fast is this industry growing? The short answer is: pretty darn fast! Read on to meet the market and learn how you can contribute to heartfelt care.

Meet the Market

There’s never been a better time to enter the elderly care industry. According to the United States Census Bureau, the US senior population is expected to reach 83.7 million by the year 2025. Senior care businesses are necessary to provide quality, nurturing attention to this part of our society.

If that statistic isn’t enough, by the year 2035, it’s projected that — for the first time in US history — senior citizens will outnumber children. Add to that the fact that 85–90% of the senior population desire to retire at home, and that’s a lot of wonderful people who need care.

Plus, if you think about it, elderly people staying at home is a lovely thing! While there are instances in which some folks need extra care, for those who can stay at home, it’s so soothing. Senior care businesses that can help people stay in the spaces they’re familiar with, enjoying the activities and routines they know and love, truly help add to the quality of life of those they’re caring for.

Hopefully by now you see why this is one of the fastest-growing industries in business. Rising elderly populations coupled with a higher desire to remain in the home means the senior care industry is rising to fill that gap.

Heartfelt Care

young woman and senior woman looking at each other smiling

The homecare market is about so much more than the increasing numbers of elderly in our society. It’s about providing heartfelt care to those elderly. It’s about helping real people live real, fulfilling, enriched lives. That’s exactly where senior care businesses come in.

It’s not just that there will be so many more elderly people in the near future. It’s because those elderly need caregivers who are dedicated to ensuring they feel happy, loved, and honored.

Caregivers don’t help with healthcare. Rather, they provide assistance with day-to-day tasks to help improve the quality of life for the people in their charge.

It’s about helping your senior bend down to garden, an activity they’ve done all their life and can’t live without. It’s about helping them use kitchen utensils so they can continue to cook for themselves. It’s about walking around their favorite park with them so they get the endless benefits of exercise and fresh air.

Senior care businesses are uniquely positioned to provide this type of thoughtful, loving care to their elderly. That’s the true need behind caregiving being one of the fastest-growing industries.

Join the 1Heart Family

At 1Heart, we’re dedicated to the seniors in our care. It’s the driving force behind everything we do. When you start a franchise with us, you’re embarking on a fulfilling journey to give back to your community.

And the best part is, you don’t have to do it alone. We help our franchise partners every step of the way so you have the support you need to make sure your senior care business thrives.

It’s easy to get started. Or, if you still have questions, check out our FAQ page or get in touch.

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