The Care Industry

Two Questions that you should ask yourself before starting any business are:

  1. Is there a demand for what I am offering?
  2. Will that demand be long term?

By looking at some independent data we think we can help you answer both of those questions.

Population ageing is not simply a challenge for the UK, it is a global phenomenon. Improvements in medical science, better living conditions and diets have all meant that more of us are living longer presenting a challenge for the care sector which, as the chart below illustrates, will become more acute moving forward.

Predicted Populations Change

Predicted Populations Change

2016 -2036

There are currently 11.9 million people aged 65 and over in the UK and this will increase by more than 40% within 20 years. 3.2 million people are aged 80 and over with 1:6 individuals within this age bracket suffering from dementia and the number of households where the oldest person is 85 or older stands at 1.6 million and is increasing faster than any other age group

The UK market for Domiciliary Care is estimated at £5.2 billion and is predicted to rise even further for the foreseeable future. (Source Mintel)

While the market is believed to have remained at a fairly consistent value over the last five years, the commercial sector (which would be the sector that you would operate in as a Sylvian Care Franchisee) is expected to represent just over a fifth of total market value.

The increase in the requirement for Domiciliary Care represents an outstanding opportunity to start a business that not only fulfils a growing social need but one where you, as a business owner, can be proud of the service that you are offering as well as building a secure future for you and your family.

Expert analysis from a specialist in the field
“Those operating in the industry are continually looking for new solutions with the main objective of being able to care for patients effectively in their own home. Domiciliary care providers who manage to offer personalised, affordable and clinically-led care solutions will be best positioned to gain opportunities from the ever-ageing population in the UK.”

LEWIS CONE
Senior B2B Analyst

So to go back to our two original questions:

  1. Is there a demand for the services that Sylvian Care offer?
    Most definitely – Yes!
  2. Will that demand be long term?
    Every indicator points to demand for Domiciliary Care not only being long term but rising significantly.

Finally, a third Question

Do you want the opportunity to own a business that plays a vital role within the community in which you operate and one which can bring you both financial rewards as well as giving something back?
We hope that your answer is also yes!