Sales for retirement communities are expected to average a 3.2% growth rate to total $53.9 billion this year, predicts a report from IBISWorld. Higher levels of acuity will drive industry growth, the report states, with memory care being one pillar for companies seeing revenues increase. “An aging population and growing need for dementia care (care […]
IBISWorld
With the United State’s 65+ population set to double by 2025, the retirement communities sector has a strong upward trajectory and is expected to generate revenues of nearly $70 billion in five years’ time. Market research and analysis firm IBISWorld forecasts the retirement community industry’s revenue to increase at an annual average rate of 5.4% to […]