Dish! Blog

Senior Living Trends

Mary Sell
Mary Sell | April 23, 2015

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If there is one theme throughout some of the top senior living trends and the resulting challenges and opportunities, it is that America is aging rapidly and preparing for new generations to come into the market. Specifically, recent reports project that the number of Americans aged 65 and older will double from 40.2 million to 88.5 million in the next 35 years. This growth is creating a huge need for new and additional aging services. 

Here are the top 10 trends in senior living today:

1SilverTsunami
More boomers are coming, and experts believe that we are not prepared.

2AginginPlace
Seniors wish to remain at home as long as possible.

3CatertoMe
Aging services customers want more services and amenities.

4EconomicInsecurity
The “great recession” has decreased consumer savings.

5ImpactofAffordableCareAct
The focus is on prevention, coordination of care and outcomes.

6RiseofAlzheimers
The number of Americans with dementia and Alzheimer’s will escalate rapidly in coming years.

7HealthcareProfessionalsCrisis
There is a shortage of doctors and nurses.

8Technology
Emergence of technology that can provide more methods and means of care.

9NewModels
Rise of small homes, villages and care at home.

10Diversification
Elder care entities providing multiple services.

Sources: LeadingAge™ Market Report, 8-2013

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