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, Home Health Care News reports.
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. Read more.
