The Care Industry
Sylvian Franchising Information & Advice
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 independent data, we can help you answer those questions. Population ageing is not simply a challenge for the UK, it is a global phenomenon. Improvements in medical science and better living conditions have meant that more of us are living longer, presenting a challenge for the care sector.
The Demand For Domiciliary Care
With more elderly people wanting to maintain their independence, stay in their own homes, and receive personalised care, the demand for domiciliary care is expected to continue to rise in the UK.
Domiciliary Care Market
Predicted Populations Change
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 in 7 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 (the sector you’d operate in as a Sylvian Franchisee) is expected to represent over a fifth of the total market value.
The Opportunity For Business
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 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
Demand For Care
An Increase In The Need Of Our Services
Back To Our 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 a demand for Domiciliary Care not only being long-term but rising significantly.
3. And finally, 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!