Senior living market can grow into a $10.1 bn prospect: ASLI-JLL

The Hindu Health reports that India's senior living market is projected to reach $10.1 billion by 2030, requiring a $7.7 billion capital investment to meet new supply. The addressable market of urban, financially independent senior households in India is expected to grow from 1.7 million in 2026 to 2.1 million by 2030. The report highlights the potential for growth in assisted care, healthcare, specialized care, rehabilitation, and other supporting services, with the organised senior living sector currently comprising just 1.5% of the market.

Key constraints include caregiver shortages, high real estate costs, and affordability issues, but policy measures and financial innovations could help unlock the market's potential.

Brief written by urgent.news from The Hindu Health's own syndicated text. Machine-written — may contain errors; check the original before relying on it.