April 16, 2020

COVID-19 Impact on Assisted Living Market, Fact.MR Study

Assisted Living is for the older adult who wants to live independently after their retirement. But older people need some assistance to perform a few of the daily activities such as dressing, bathing, medication reminder and transportation which is provided under the assisted living. Older people have the freedom to live their own suites and companion under the assisted living facility. Another household chores such as cooking and laundry are also included under the assisted facility. Living spaces such as individual rooms, apartments, and a shared quarter are provided by the assisted living companies to older people. Assisted living facilities are generally home-like setting and are physically designed to promote the resident's independence.

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Assisted Living Market: Segmentation

The global Assisted Living market is classified on the basis of service type, facility type, and region.

Based on service type Assisted Living market is segmented into following:

Cooking

Personal Care (Bathing and Dressing)

Housekeeping and Laundry

Monitoring Medication

Others

Based on facility type Assisted Living market is segmented into following:

Adult Family Home

Community-Based Residential Facility

Residential Care Apartment Complex

Regional analysis for Assisted Living Market includes:

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain)

Eastern Europe (Poland, Russia)

Asia Pacific excluding China & Japan (India, ASEAN, Australia & New Zealand)

China

Japan

Middle East and Africa (GCC Countries, South. Africa, Northern Africa)

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Assisted Living Market: Key Players

Some of the key players found across the value chain of Assisted Living are Siemens AG, Honeywell International Inc., ABB Group, Panasonic Corporation, United Technologies Corporation, Assisted Living Technologies, Inc., Ingersoll Rand Plc, Legrand S.A., Gnomon Informatics Inc., Televic Healthcare N.V., Telbios SRL, Atria Senior Living, Brookdale Senior Living, Emeritus Corporation, Extendicare, Inc., Genesis Healthcare, Golden Living, HCR Manor Care, Inc., Merrill Gardens, Sunrise Senior Living, Inc.