Global Residential Intellectual And Development Disability Care Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 174.00 Billion |
 Market Size (Forecast Year) |
USD 298.96 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Residential Intellectual and Development Disability Care Market, By Mode of Operation (State-Run Facilities, Medicaid Funded Services, Private Large Facilities, Privately Run Small Facilities), Number of Beds (4 to 9, 10 to 19, 20 to 49, 50 to 99, 100 to 199, and 200 and more Beds), End User (Hospitals, Intermediate Care Facilities, Group Homes, Private Home, Intellectual, and Developmental Disability Facilities) – Industry Trends and Forecast to 2030.
Residential Intellectual and Development Disability Care Market Analysis and Size
As per the American Association on Intellectual and Developmental Disabilities (AAIDD), nearly 1.5% to 2.5% of the general population has an intellectual disability, which means around 4.6 million to 7.7 million people as per the most recent U.S. Census (2011). During the last 30 years, services for people having intellectual disabilities have changed intensely, with institutional care being radically substituted by community residential care in numerous countries.
Data Bridge Market Research analyses that the residential intellectual and development disability care market, which was USD 174 billion in 2022, would rise up to USD 298.96 billion by 2030 and is expected to undergo a CAGR of 7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Residential Intellectual and Development Disability Care Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015 - 2020) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Mode of Operation (State-Run Facilities, Medicaid Funded Services, Private Large Facilities, Privately Run Small Facilities), Number of Beds (4 to 9, 10 to 19, 20 to 49, 50 to 99, 100 to 199, and 200 and more Beds), End User (Hospitals, Intermediate Care Facilities, Group Homes, Private Home, Intellectual and Developmental Disability Facilities) |
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Countries Covered |
U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Market Players Covered |
Texana Center (U.S.), SANDESH (India), St. Joseph's Center (U.S.), Metrocare Services (U.S.), PERFORMCARE (U.S.), Commonwealth of Pennsylvania (U.S.), Alliance Health (U.S.), Durham County Community Living Programs, Inc. (U.S.), Beacon Health Options (U.S.), The Home Care Spot. (U.S.), Health Standards Organization (HSO) (Canada), Texas Health & Human Services Commission (U.S.), The Commonwealth Fund (U.S.), Residential Support Services (U.S.), and Lutheran Family Services Rocky Mountains (U.S.) |
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Market Opportunities |
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Market Definition
Intellectual disability in people signifies that they are labeled with one or more terms such as developmental delay, developmental disability, or mental handicap. In simple terms, people with mental retardation are now referred to as having an intellectual disability. People are generally considered to have an intellectual disability if they do not have proper functionality. To diagnose intellectual disability, standardized adaptive behavior and intelligence tests are most commonly used.
Global Residential Intellectual and Development Disability Care Market Dynamics
Drivers
- Increasing Government Initiatives
Numerous people have intellectual disabilities, and as a result, the initiatives from the government are also increasing. Many Asian countries have a slight market for such facilities, and very less progress is expected from 2023 to 2030 Several local and national centers in developing nations provide similar services. In India, Muskaan, Sandesh, and Alamara Residential Centres for Persons with Developmental Disabilities are three centers that offer residential intellectual disability services. This factor leads to the growth of the market.
- Increasing Elderly Population
As per the United Nations Department of Economic and Social Affairs report published on World Population Ageing, there were around 727 million people aged 65 years and above in 2020, rise up from 703 million in 2019. This number is most likely to double to 1.5 billion people by 2050. Additionally, the number of people aged 80 years and above is expected to increase from 143 million in 2019 to 426 million by the end of 2050. The need for care for the elderly population instigates demand for services for the elderly and disabled, boosting the market. Thus, this factor boosts the market growth.
Opportunities
- Increasing Technological Advancements by Market Players
Several companies globally use robots to ease the transition of providing care facilities to disabled patients. For instance, Bright Cape, an Eindhoven-based company, has developed SARA (social and autonomous robotic health assistants). The project is part of the European EIT Digital Innovation Consortium and aims to decrease healthcare workload and enhance treatment quality. Furthermore, Japan is installing robots in workplaces, nursing homes, and schools as its population ages and the labor force decline. Thus, this factor boosts market growth.
- Increased Federal Funding for Programs
The increased federal funding for several programs and a rise in the number of people enrolled or eligible for either of the federal programs have led to a surge in the number of residential intellectual disability facilities in the U.S. There has been increasing demand for housing or residential facilities for people having intellectual disabilities in the recent years. Thus, this factor boosts market growth.
Restraints/Challenges
- Increasing Cases of Elderly Abuse
Elder abuse in care centers that offer services for the elderly and people with disabilities are anticipated to hamper the market. Elder abuse is growing in these institutions. As per World Health Organization, in 2020, around 2 in 3 staff working in institutions such as nursing homes and long-term care facilities stated that they had committed abuse in the previous year. Elder abuse can lead to severe physical injuries and long-term psychological consequences. Thus, this factor impedes market growth.
This residential intellectual and development disability care market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the residential intellectual and development disability care market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Residential Intellectual and Development Disability Care Market Scope
The residential intellectual and development disability care market is segmented on the basis of mode of operation, number of beds and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Mode of Operation
- State-Run Facilities
- Medicaid Funded Services
- Private Large Facilities
- Privately Run Small Facilities
Number of Beds
- 4 to 9
- 10 to 19
- 20 to 49
- 50 to 99
- 100 to 199
- 200 and more Beds
End User
- Hospitals
- Intermediate Care Facilities
- Group Homes
- Private Home
- Intellectual and Developmental Disability Facilities
Residential Intellectual and Development Disability Care Market Regional Analysis/Insights
The residential intellectual and development disability care market is analyzed and market size insights and trends are provided by mode of operation, number of beds and end user as referenced above.
The countries covered in the residential intellectual and development disability care market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the residential intellectual and development disability care market due to the region's well-developed healthcare infrastructure and favorable reimbursement policies.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period because of the presence of national centers in the developing nations providing such facilities in this region. Also, the major players associated with this market are boosting the growth of the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The residential intellectual and development disability care market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for residential intellectual and development disability care market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the residential intellectual and development disability care market. The data is available for historic period 2011-2021.
Competitive Landscape and Residential Intellectual and Development Disability Care Market Share Analysis
The residential intellectual and development disability care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to residential intellectual and development disability care market.
Some of the major players operating in the residential intellectual and development disability care market are:
- Texana Center (U.S.)
- SANDESH (India)
- St. Joseph's Center (U.S.)
- Metrocare Services (U.S.)
- PERFORMCARE (U.S.)
- Commonwealth of Pennsylvania (U.S.)
- Alliance Health (U.S.)
- Durham County Community Living Programs, Inc. (U.S.)
- Beacon Health Options (U.S.)
- The Home Care Spot. (U.S.)
- Health Standards Organization (HSO) (Canada)
- Texas Health & Human Services Commission (U.S.)
- The Commonwealth Fund (U.S.)
- Residential Support Services (U.S.)
- Lutheran Family Services Rocky Mountains (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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