Process and Timeline

Facts and Figures on the Home Health Care Industry

  • There are currently 40 million over the age of 65 in the US.
  • This number is expected to double to 80 million by 2030
  • In the next 10 years alone, health care spending is expected to double from $50 billion per year to over $100 million.

An aging population means that the number of people requiring assistance will continue to rise. This demographic trend, coupled with seniors’ preference to stay at home and the high cost of alternatives such as nursing homes and assisted living facilities, will drive exponential growth in the in-home health care industry. The home health care industry is by nature stable and recession-proof because healthcare spending is non-discretionary.