Assisted Living Facility & Neurorehabilitation Market Outlook: Trends, Challenges, and Growth Forecast
The U.S. assisted living facility and neurorehabilitation market size is expected to reach USD 177.3 billion by 2030, registering a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing awareness, the desire of consumers to age in home-based services, and an increasing number of Traumatic Brain Injury (TBI) survivors seeking residential care post-neuro-rehab are the major factors driving the growth of the market. In addition, the lower cost of ALFs as compared to nursing homes will propel the market. U.S. Assisted Living Facility & Neurorehabilitation Market Report Highlights · By gender, women held the maximum share in 2022 and the segment is predicted to exhibit the fastest growth over the forecast period. This can be attributed to the greater life expectancy of women and higher rates of disability and chronic health problems · ...