Home Health Care News December 2, 2021
There’s more room than ever for companies looking to enter the aging-in-place arena and serve the needs of seniors. That’s just one major takeaway from a new report produced by venture capital firm Primetime Partners and thinktank First Longevity.
Over the long term, there are demographic changes that will increase the need for aging-in-place services. By 2050, more than 4 million people in the U.S. will be over the age of 80, for example, and people who are 65 and older will account for more than 30% of the population.
On top of that, 90% of seniors across the U.S. would prefer to remain living in their homes as they age, according to the Primetime-First Longevity report.
No doubt, demographic...