The number of persons aged 75-plus group has been growing at an accelerated pace in the past decade, driving demand growth for health services at a healthy clip.
Florida and the Mid-Atlantic have been the biggest beneficiaries of this growth, according to a new report from Marcus & Millichap.
By the end of the year, this age group "will have grown by nearly 30 percent compared to 10 years ago, the greatest increase of any single age segment and more than triple the overall pace across all ages," according to the report.
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