The elderly care market is projected to grow from $49.29 billion in 2024 to $98.19 billion by 2032, representing a significant opportunity for specialized real estate investment trusts. Strawberry Fields REIT Inc. (NYSE AMERICAN: STRW) is aggressively expanding its portfolio to capture market share in this sector, currently holding long-term leasehold interests in 142 healthcare facilities with over 15,500 licensed beds.
The company's expansion strategy comes as the elderly care market is expected to experience a compound annual growth rate of 9% between 2025 and 2032. This growth trajectory represents a substantial opportunity for real estate investment trusts specializing in healthcare properties. Strawberry Fields REIT focuses exclusively on property ownership and leasing, while third-party operators manage the day-to-day healthcare services at its facilities.
The primary driver behind this market expansion is the aging baby boomer population in the United States. According to U.S. Census Bureau data, there were approximately 76.4 million baby boomers in the country as of 2020. The demographic shift is accelerating, with every baby boomer expected to reach age 65 or older by 2030, creating unprecedented demand for skilled nursing and healthcare facilities.
Strawberry Fields REIT recognizes the substantial untapped opportunity in this sector and is actively working to increase its market presence. The company's business model allows it to benefit from the growing demand for elderly care services without directly operating healthcare facilities. This approach provides stable, long-term lease income while transferring operational responsibilities to experienced healthcare providers.
The projected market growth to $98.19 billion by 2032 underscores the strategic importance of Strawberry Fields REIT's expansion efforts. Investors can access the latest news and updates relating to STRW through the company's dedicated newsroom at https://ibn.fm/STRW. The company's positioning within this rapidly expanding market demonstrates how real estate investment trusts are adapting to capitalize on significant demographic trends affecting healthcare infrastructure needs across the United States.
