The projected senior population, age 65 and over, will rise to approximately 55 million by the year 2030. The global senior home care industry today is worth approximately $400 billion. Fortune magazine reports that the U.S. spends more than $3 trillion on aging services. Seniors are opting to choose more in-home care than ever before. These changes are being fueled by several societal and demographic factors, including:
The Baby Boom generation reaching the age of retirement Medical technologies and advancements which lead to longer life spans More working, dual-income families can afford care for their aging loved ones According to official AARP surveys, more than 90% of seniors want to stay in their own homes, even if they require care