How Big Is the Market for Touching Hearts at Home Franchise?
By 2030, the senior population in the U.S. will approach 72 million, — most of whom want to remain in the comfort of their homes
The demand for the non-medical, in-home senior care that Touching Hearts at Home franchises offer is great now and will only continue to grow over the next couple of decades. Almost 54 million seniors today make up approximately 20% of the total U.S. population, and that number is projected to approach 72 million by 2030. There’s never been a better time to become a franchise owner with Touching Hearts at Home senior care franchise; we are expanding rapidly across the nation this year.
Seniors have an average life expectancy of 19 years after they turn 65. Sixty-seven percent of seniors own their own homes, and according to AARP and others, 89% prefer to stay in them, living independently for as long as possible. And familiar surroundings contribute to their longevity and quality of life. Non-medical, in-home senior care is often the step between self-sufficiency and more serious medical or nursing home care. For this reason, the demand for such care is great.
“Now is a great time to invest in a non-medical home care business,” says Renae Peterson, CEO and founder of Touching Hearts at Home. “Baby boomers are aging, and the demand is there. It’s not difficult finding clients because everyone wants to stay in their home, and often all they need is a little extra help. Touching Hearts at Home meets that need perfectly.”
Touching Hearts at Home senior care franchise is in the right place at the right time
As the baby boomer generation — born from just after World War II to the mid 1960s (1946–1965) — continues to age, approximately 10,000 will turn 65 every day for the next 20 years! According to a senior care industry analysis article on franchisehelp.com, some research estimates that the global home health care sector may grow from $180 billion in 2014 to $300 billion in 2020 — that’s an increase of 67% in six years.
Touching Hearts at Home delivers a system that responds to the growing demand for non-medical, in-home senior care in a meaningful way, gives seniors independence and the ability to age gracefully and with dignity, and values integrity in one of the fastest-growing service industries.
“We offer one-on-one, person-centered care to our clients,” Renae says. “We give seniors stimulation and companionship. We ease loneliness and fight depression. Touching Hearts designs a care plan that’s unique to each person. We’ve literally added years to people’s lives, helping them maintain their quality of life.”
Founded in 1996, Touching Hearts at Home has a highly experienced franchise support team. A Touching Hearts franchise is easier to run than other home care businesses; because we provide non-medical support, no prior medical training is required for our franchisees or their staff members. Start-up costs to begin a Touching Hearts franchise range from $48,400 to $69,100, making it an affordable business with great profit potential.
Learn more about Touching Hearts at Home senior care franchise
If you’re looking for a rewarding career in a growing market where there’s high demand, Touching Hearts at Home may be a great fit for you. Learn more by exploring our research pages or request a copy of our Franchise Information Report, and a member of our team will be in touch with you soon.