Challenges And Opportunities

The market defined as “Wellness” was a $4.2 trillion global industry in 2017.

Source: Global Wellness Institute

The U.S. share of the Wellness market is projected to be $179 billion by 2020.

Source: Statistica

The “assisted living” segment of the Senior Living market alone is expected to reach $13.74 billion globally by 2027.

Source: Market Watch

As of 2019, there are approximately 22,100 senior housing and care properties in the United States, comprising about 2.9 million units.

Source: National Investment Center

1.4 million jobs need to be filled between now and 2025 in the Senior Living market.

Source: U.S. Bureau of Labor Statistics