Senior Care Industry
The Senior Care Industry is Growing
The growth in the number of senior care businesses to meet the demand of an aging population is staggering. As the number of seniors in the country grows faster than other population segments, the need for senior care services is more prevalent than ever before. As a Senior Authority franchise owner, you will use your passion for helping people by providing essential guidance in navigating challenging and stressful decisions. This is a unique business model offering services in senior living options, eldercare consulting and advocacy services. With multiple revenue streams, comprehensive training, proprietary technology, a full marketing support program and ongoing mentoring for the life of your franchise, you have all the essentials necessary for success.
About 70 percent of individuals over age 65 will require at least some type of long-term care services during their lifetime – U.S. Department of Health and Human Services
In 2050, the number of Americans aged 65 and older is projected to be 88.5 million, more than double its projected population of 40.2 million in 2010 – U.S. Census Bureau
Between 2010 and 2030, the age 75-84 group will increase by more than 86 percent, the age 85+ group by 57 percent, and the overall age 75+ group by 77 percent – U.S. Census Bureau
From 2000-2010, the age-adjusted death rate for Alzheimer’s disease increased by 39 percent, whereas death rates for other major causes of death decreased including Stroke (-36 percent), Heart disease (-31 percent), and Cancer (-32 percent). Centers for Disease Control and Prevention.
Frank Samson, Founder of Senior Care Authority, discusses the explosive growth of the senior placement services sector as well as how gratifying, both on a professional and personal level, it is to help seniors and their families.