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Social Services for the Elderly & People with Disabilities in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Social Services for the Elderly & People with Disabilities Market Research Report | SIC Q88.100 | Oct 2016

Bedridden: Industry growth has been held back by limited public funding and labour shortages

IBISWorld’s Social Services for the Elderly & People with Disabilities market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£4bn
Annual Growth 12-17
1.8%
Annual Growth 17-22
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Profit
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Employment
212,161
Businesses
6,121
Industry Analysis & Industry Trends

Providers of social services to the elderly and people with disabilities help those who live at home to stay there rather than entering residential care. The two expanding major markets for the industry, those aged 65 years and over and those with a permanent disability, are expected to support revenue growth. The UK population has been ageing over the past few decades and the proportion of people aged 65 years and over has been steadily increasing. The number of people living with a disability has also risen slowly in the past five years, lifting both demand and, by extension, industry revenue.

However, recent reductions in local authority budgets as a result of central government spending constraints have limited the extent of revenue growth... purchase to read more

Industry Report - Starting a New Business Chapter

Capital intensity, and hence the start-up costs for a new business, are relatively low. Most of the investment needs to go into a skilled and permanently available workforce. This is supported by a large number of relatively small industry operators, highlighting the fact that scale is not an important factor in the successful operation of a company.

There is, however, a distinction between for-profit and not-for-profit operators in the industry. While barriers to entry for firms not competing for profit is easier, commercial companies tend to face higher barriers. Not-for-profit operators depend on charitable donations and voluntary contributions and exist with the aim of making a meaningful contribution to the overall society. In .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Social Services for the Elderly & People with Disabilities Industry?

Operators in this industry offer counselling, referrals, day care, vocational rehabilitation and habilitation services to the elderly and those with disabilities. The industry does not cover accommodation or day care for disabled children.

Industry Products
Home careDay careEquipment and adaptationsMealsDementia care
 
Industry Activities
Providing welfare servicesOffering counsellingProviding day careProviding vocational rehabilitation and habilitation servicesOffering referrals


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