Why the 
Senior Care Industry is a Great Investment

Did you know 10,000 Baby Boomers turn 65 every day? That creates an amazing opportunity for entrepreneurs looking to make a positive impact on their communities. According to Forbes, 67 million people over the age of 60 are in current need or are expected to need care. Over the next two decades, 65 million more people in the U.S. will be 65 years old. It’s estimated that by 2050, 15 million seniors will need long-term care.

The senior population overwhelmingly wants to age in the comfort of their homes. With Always Best Care, compassionate entrepreneurs like yourself can provide non-medical, in-home care to seniors in need.

With assisted living facility referral being one of our revenue streams for franchisees, it’s important to understand where that area of the senior care industry is headed. Grandview Research shows the assisted living facility market in the U.S. was valued at $87.4 billion in 2021. However, expert analysis shows that the market will grow at a compound annual growth rate (CAGR) of 5.48% through 2030.

It’s important to note that the rise in demand for home care industry services is not just due to the increase of the senior population. It’s also linked to the increased life expectancy of Americans due to advancements in the healthcare industry. With Always Best Care, we have a Continuum of Care, which allows us to be present for multiple life stages. Our franchisees provide exceptional in-home care but can also help seniors find the best assisted living facility for their needs when the time comes.