Europe Elderly Care Market 2025-2033

Europe Elderly Care Market to Reach USD 590 Billion by 2033, Driven by Ageing Populations, Digital Health Adoption, and Workforce Expansion

Phoenix Research Forecasts ~6.5% CAGR (2025–2033); Central & Eastern Europe to Outpace Western Europe in Growth

– September 27, 2025 – Phoenix Research has released its latest intelligence report: “Europe Elderly Care Market – Ageing-in-Place, Digital Transformation, and Long-Term Care Financing (2025–2033).” The study estimates that the Europe Elderly Care Market will expand from USD 352 billion in 2025 to nearly USD 590 billion by 2033, growing at a CAGR of ~6.5%.

“Europe’s demographic transition is accelerating, with more citizens entering advanced age groups and requiring complex long-term support,” said Rachna Patni, Analyst at Phoenix Research. “The balance between institutional care and ageing-in-place models will define the next decade, with digital health, workforce scaling, and sustainable financing at the center of solutions.”

5 Key Market Growth Drivers

  • Population Ageing & Chronic Disease– Rising life expectancy, dementia prevalence, and mobility-related impairments drive sustained demand.
  • Shift to Home- and Community-Based Care– Ageing-in-place policies, cost efficiency, and digital care models increase adoption.
  • Healthcare Workforce Expansion– Training and scaling caregivers and allied staff to meet shortages and quality standards.
  • Digital Health & Assistive Technologies– Remote monitoring, telehealth, fall-detection, and care platforms improve outcomes and reduce costs.
  • Policy & Financing Reforms– Increased public funding, insurance expansion, and private investment in residential assets.

Market Segmentation

By Service Type – Home Healthcare | Residential/Nursing Homes | Assisted Living | Daycare/Community Services | Telecare Platforms | Rehabilitation & Palliative Care
By Provider – Public/State-Run | Private Operators | Non-Profit Organisations | Home-Care Agencies | Tech/Digital Health Firms
By Funding Source – Public Funding | Private Insurance & Out-of-Pocket | Mixed Public–Private Models

Regional Insights

  • Western Europe– Largest market, mature infrastructure, strong public subsidies.
  • Northern Europe & Scandinavia– High-quality integrated systems, leading in telecare adoption.
  • Southern Europe– Transitioning from informal to formal care; ageing populations driving demand.
  • Central & Eastern Europe– Fastest-growing region, supported by private investment and workforce migration.

Leading Companies

Key players include Korian, Orpea, Bupa Care Services, Home Instead, Cera Care, Fresenius Medical Care, and regional public–private operators.

Strategic & AI-Backed Insights

  • Predictive Demand Modelling– AI forecasts long-term facility and workforce requirements.
  • Remote Care Platforms– Telecare reduces hospital admissions and enhances independence.
  • Operational Efficiency– Workforce rostering, logistics, and tele-triage solutions improve utilisation.
  • Investment Analytics– Identifies attractive assets in high-growth geographies.
  • Policy Scenario Planning– Governments adopting AI-based fiscal impact models for LTC expenditure.

Forecast Snapshot (2025–2033)

Metric Value
2025 Market Size USD 352 Billion
2033 Market Size ~USD 590 Billion
CAGR (2025–2033) ~6.5%
Largest Sub-Region (2024) Western Europe
Fastest Growing Regions Central & Eastern Europe, Southern Europe
Key Growth Segments Home healthcare, nursing/residential care, telecare
Future Focus Workforce scalability, ageing-in-place, digital enablement

Why the Market Matters

  • Ageing populations are reshaping healthcare and social systems.
  • LTC infrastructure and staffing demands are outpacing supply.
  • Digital health and AI-enabled monitoring will be central to sustainability.
  • Elderly care remains critical for social equity, quality of life, and economic resilience.

Final Takeaway

The Europe Elderly Care Market is entering a period of structural expansion. Over the next decade, success will depend on three levers: scalable workforce models, digital-first service delivery, and sustainable financing frameworks. Stakeholders aligning with these pillars will unlock growth while delivering lasting social and economic impact.

📌 Full report available at: Phoenix Research – Europe Elderly Care Market Report (2025–2033)

Analyst: Rachna Patni

Europe Elderly Care Market 2025-2033