Mature Market Experts Stat of The Day: Aging U.S. Population Is Driving Growth In Senior Care Franchising

CB021039Is the mature market about to drive the franchise industry into a period of explosive growth? “Senior home care for baby-boomers is a rapidly growing concern and quickly escalating need in this country. In the next two decades, there will be more than 70 million people over the age of 65.

Furthermore, the average life expectancy has increased 15 years since the 1930’s. Nearly one out of every four U.S. households provides  senior healthcare to a relative or friend aged 50 or older and about 15 percent of adults care for a seriously ill or disabled family member. In hard numbers, about 13 million people are spouses or adult children of disabled older people and have the potential responsibility for their senior care.”

Source: U.S. Franchise News

 Today’s stat compliments of Sandi Cunningham of Modern Babies & Children.

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