Why a Senior Care Franchise? It's an Opportunity Poised to Boom.
According to the Government of Canada, persons aged 65 and over will make up approximately 22 - 25% of the population by 2035.
This means that close to 25% of Canada’s population would be aged 65 years or over. The surge in the senior population makes Canada a key market for those seniors in need of in-home senior care services. Recognizing this population increase, Senior Helpers is prepared to meet the accompanying rise of demand in senior care service.
The combined health-care system and out-of-pocket caregiver costs for Canada total an estimated $10.4 billion per year. As the number of seniors increases, the need for home care is expected to rise. Home care can help to maintain seniors’ health, independence, and quality of life. With this market expected to keep booming for the next several decades, entering this growing market now makes all the sense in the world.
