Health & Safety Industry Today

Senior Housing Market to Hit USD 374.7 Billion by 2030; Trends in Memory Care, Private Pay & Asia-Pacific Surge Define the Path Forward

The global senior housing market is projected to grow at a CAGR of 5.6%. Key drivers include growth in memory care services, dominance of private pay funding, fastest expansion in the Asia-Pacific region, and North America retaining the largest share.
Published 23 September 2025

As populations age globally, demand for diverse housing and care solutions for older adults is rising sharply. The market covering independent living, memory care, assisted living, and other care levels – is now under more pressure than ever. According to a recent detailed study by Mordor Intelligence, the senior housing market is valued at USD 285.1 billion in 2025 and will likely grow to USD 374.7 billion by 2030 at a CAGR of 5.6%. 

Key Trends 

  • Ageing Population & Health Needs: Global number of people aged 80+ increasing, driving demand for memory care units and higher-assistance residences.  
  • Private Pay Dominance: Majority of spending comes from private pay sources; yet insurance-based long-term care payments are growing faster.  
  • Memory Care Growing Rapidly: Memory care services registering one of the highest growth rates among levels of care.  
  • Regional Shifts: Asia-Pacific expected to post the fastest CAGR (~8.6%) through 2030, while North America remains the largest current market.  
  • Ownership / Facility Model Changes: Mixed ownership models, more joint ventures or owner-operator facilities, plus rise in specialised formats like villas for seniors. 

Segmentation for Senior Housing Market 

By Housing Unit / Housing Configuration 

  • 1-BHK apartments  
  • 2-BHK apartments  
  • 3-BHK apartments  
  • Independent Villas  

By Level of Care Intensity 

  • Lifestyle / Minimal Assistance  
  • Activities-of-Daily-Living (ADL) Support  
  • Specialized Memory Care  
  • Skilled Nursing & Rehabilitation 

By Ownership Model 

  • Owner-Operated  
  • Triple-Net Lease  
  • RIDEA / Joint-Ventures  
  • Condominium / Resident-Owned  

By Funding Source 

  • Private Pay  
  • Public Subsidized  
  • Long-Term Care Insurance  
  • Other funding sources  

By Geography / Region 

  • North America 
  • Europe  
  • Asia-Pacific 

Explore Our Full Library of Healthcare Research Industry Reports - https://www.mordorintelligence.com/market-analysis/healthcare?utm_source=Industrytoday.co.uk 

Key Players in Senior Housing Market 

  • Brookdale Senior Living 
  • Atria Senior Living 
  • Ventas Inc. 
  • Korian 
  • Paranjape Athashri 

Dominating Country of the Market  

The United States continues to dominate the senior housing market in terms of current market size. As of 2024 and 2025, North America holds about 37.9% of global senior housing market share. The U.S. benefits from a large aging population, strong private pay funding, widespread adoption of memory care, and well-established facility operators. Regulatory frameworks and insurance systems also support higher levels of care and funding models that enable premium services.  

Trending Reports in Senior Housing Industry 

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About Mordor Intelligence: 

Mordor Intelligence is a trusted partner for businesses seeking actionable market insights. With 550+ domain experts and specialists across 150+ countries, we deliver comprehensive syndicated and custom research across industries such as aerospace, agriculture, chemicals, consumer goods, energy, healthcare, and many more, helping organizations make informed decisions and achieve strategic goals. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com 

https://www.mordorintelligence.com/ 

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