The U.S. senior care market is valued at approximately $517 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.05% through 2030.
With over 55 franchisors and 6,000 franchise locations, investing in a senior care franchise allows entrepreneurs to capitalize on this rapidly expanding industry. As the population ages and the number of seniors is expected to reach 80 million by 2040, the demand for in-home care, assisted living, and specialized services continues to rise.
Senior care franchises offer established business models, comprehensive training, and support, helping franchisees succeed in a growing and essential industry. From non-medical home care to full-time assisted living, these services are vital for families across the U.S., making senior care franchises both a profitable and impactful investment.
The senior care industry encompasses a wide range of services designed to support the elderly in different stages of life. Here are some key sub-industries within senior care franchising:
When considering investing in a senior care franchise, it’s crucial to evaluate factors such as initial investment, franchise support, and local market demand. Franchise investment levels vary, with many offering flexible options to accommodate different financial situations. The right franchise will provide training, marketing support, and operational guidance, ensuring you have the tools needed to succeed.
Look for senior care franchisors with a strong reputation and established presence in the industry. With 55 franchisors operating in the U.S. senior care market, there are numerous opportunities to find a franchise that fits your financial and personal goals.
