The Business Of Family Caregiving

The demand for elder care is surging as the population ages. In the United States alone, the number of people requiring long-term care services is projected to grow from 12 million in 2020 to over 27 million by 2050.

Similar trends are being observed in Europe, Japan, and other regions with aging populations.

This increase in demand has put immense pressure on healthcare systems, leading to a shortage of professional caregivers and a rise in the cost of care.