United States Assisted Living Facilities Market Report 2023-2028: Rising Silver Tide Influence – US Assisted Living Facilities Ride the Age Wave

DUBLIN, Oct. 25, 2023 /PRNewswire/ — The “US Assisted Living Facilities Market – Focused Insights 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

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The US Assisted Living Facilities Market was valued at $97.60 billion in 2022 and is expected to reach $133.42 billion by 2029 with a CAGR of 5.35% 

The US Assisted Living Facilities market is experiencing robust growth, driven by several factors including the increasing number of baby boomers, a rising aging population, higher healthcare expenditure, and a growing preference for independent living. The market is currently characterized by substantial activity, with a promising outlook for the future.

As of 2022, the dominant segment in the assisted living facilities market was women, accounting for an impressive 71.70% occupancy rate. This segment is anticipated to maintain its growth momentum, with a projected CAGR of 5.84% during the forecast period. Women tend to outlive men and exhibit a higher inclination towards utilizing healthcare services.

Furthermore, older adults aged 85 years and above constituted a significant portion, contributing to 52.37% of assisted living facilities in 2022. This demographic is expected to continue driving market growth, with a projected CAGR of 5.71% during the forecast period, as they often require more comprehensive assistance and quality care.

Chain-affiliated ownership also played a pivotal role in the market, dominating with a 55.29% share in 2022. This segment is forecasted to grow at a CAGR of 5.26% as larger organizations maintain their presence, attracting older individuals seeking these communities.

Geographically, the Western region emerged as the market leader, commanding 41.12% of the market share in 2022. This region is poised for continued growth, with a projected CAGR of 5.71% during the forecast period. The Western region has witnessed a significant increase in the percentage of the elderly population, contributing to its dominance.

The comprehensive market study covers the US Assisted Living Facilities market for 2023-2028, providing insights into market dynamics, growth enablers, restraints, and trends. The report offers a thorough analysis of both demand and supply aspects of the market and profiles leading companies and key players operating in the industry.


  • AlerisLife
  • Atria Senior Living
  • Brookdale Senior Living
  • Enlivant Living
  • Aegis Living
  • ALG Senior Living
  • Allegro
  • Arbor Company
  • Avidor Living
  • Avista Senior Living
  • Brightview Senior Living
  • Sonida Senior Living
  • Civitas Senior Living
  • CenturyPark Associates
  • Clearwater Living
  • Crescent Senior Living
  • Discovery Senior Living
  • Eddy Senior Living
  • Embassy Healthcare Services
  • Erickson Senior Living
  • Frontier Management
  • Gardant Management Solutions
  • Genesis Healthcare
  • Integral Senior Living
  • Kisco Senior Living
  • Leisure Care
  • Life Care Services
  • MBS Senior Living
  • Meridian Senior Living
  • Merrill Garden
  • Northbridge Companies
  • Northstar Senior Living
  • Oakmont Senior Living
  • Pathway to Living
  • Pegasus Senior Living
  • Pinnacle Senior Living
  • Prestige Care
  • Senior Lifestyle
  • Senior Resource Group
  • Sinceri Senior Living
  • Spring Arbor Senior Living
  • Sunrise Senior Living
  • Trilogy Health Services
  • Vi Living
  • Waltonwood Senior Living
  • Watermark Retirement Communities
  • Americare Senior Living
  • Benchmark Senior Living
  • Belmont Village
  • Pacifica Senior Living


  • Market Dynamics
  • Competitive Landscape of Assisted Living Facilities Market
  • Key Vendors
  • Other Prominent Vendors


By Ownership

  • Chain Affiliated
  • Independent Owned

By Age Group

  • Aged 60-74
  • Aged 75-84
  • Aged 85 & Above

By Gender

  • Men
  • Women

By Geography

  • West
  • South
  • Mid-West
  • Northeast

For more information about this report visit https://www.researchandmarkets.com/r/xw5mq

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