The Baby Boomers, comprising the largest segment of the population, are at the forefront of a 'Silver Tsunami' crisis that might strain eldercare resources, necessitating new home care solutions.
Most Baby Boomers prefer to age in place, leading to a significant shift away from traditional nursing homes which have seen a 12% decrease in residents since 2015.
Aging in place allows older adults to maintain emotional attachment to their homes, providing security and individuality, especially beneficial for dementia patients who rely on familiar environments.
The transition to aging in place reflects broader trends in healthcare, showing a societal preference for solutions that prioritize comfort and familiar surroundings for older adults.
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