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NEWARK, Del, Dec. 23, 2024 (GLOBE NEWSWIRE) -- The global home care services market, valued at USD 581.2 billion in 2024, is expected to experience significant growth, reaching USD 1,614.1 billion by 2035, at a robust compound annual growth rate (CAGR) of 10.5% from 2025 to 2035.
A global care chain is a globalized labor market for workers who provide care-intensive labor, such as childcare, eldercare and healthcare. [1] The term was coined by the feminist sociologist Arlie Hochschild . [ 2 ]
Outpatient elder care. Home care (also referred to as domiciliary care, social care, or in-home care) is supportive care provided in the home.Care may be provided by licensed healthcare professionals who provide medical treatment needs or by professional caregivers who provide daily assistance to ensure the activities of daily living (ADLs) are met.
As of 2018, Bayada Home Health Care operates more than 360 offices in 26 states, as well as India. [7] The company employs more than 28,000 nurses, home health aides, therapists, medical social workers, and other health care professionals. [7] The company ranks as #14 on the list of largest employers in Philadelphia and has been on. [11]
It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care. Elderly care emphasizes the social and personal requirements of senior citizens who wish to age with dignity while needing assistance with daily activities and with healthcare. Much elderly care is unpaid. [1]
Government-guaranteed health care for all citizens of a country, often called universal health care, is a broad concept that has been implemented in several ways.The common denominator for all such programs is some form of government action aimed at broadly extending access to health care and setting minimum standards.
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