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PUBLISHER: IMARC | PRODUCT CODE: 1451526
PUBLISHER: IMARC | PRODUCT CODE: 1451526
Long Term Care Market Report by Service (Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities, and Others), Gender (Male, Female), Payer (Public, Private, Out-of-Pocket), and Region 2024-2032
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PAGES: 144 Pages
DELIVERY TIME: 2-3 business days
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The global long term care market size reached US$ 1,079.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,748.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Long term care (LTC) assists individuals with functional or cognitive limitations in performing activities of daily living (ADLs), which include walking, grooming, bathing, dressing, eating, using the toilet, and moving around. It comprises conventional health services, such as the management of chronic geriatric conditions, rehabilitation, palliation, promotion, and preventative services. It is provided in private homes, adult day-care settings, residential care/assisted living facilities and nursing homes. At present, there is a rise in the geriatric population with diabetes, arthritis, pulmonary disease, age-related hearing loss, and cognitive illnesses like dementia and Alzheimer's. As a result, the demand for LTC is escalating across the globe.
Long Term Care Market Trends:
At present, LTC facilities provide care to people with chronic conditions and multiple co-morbidities. This, coupled with the increasing number of children with down syndrome, cerebral palsy, and other developmental disorders, represents one of the key factors propelling the growth of the market. Besides this, younger adults are considerably at the risk of losing functional capacity on account of a rise in road accidents. Consequently, there is a rise in the demand for LTC as it offers continuity of care after discharge from a hospital, which is physician-directed care provided by licensed nurses and practitioners. Moreover, the increasing number of hospitalizations on account of the coronavirus disease (COVID-19) outbreak is positively influencing the market. Apart from this, LTC firms are utilizing safety technologies, such as nonslip footwear, hip protectors, wander management systems and call systems, for assistance. This, along with the rising awareness about the benefits of LTC insurance, is projected to strengthen the growth of the market in the forecasted period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global long term care market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on service, gender and payer.
Breakup by Service:
Home Healthcare
Hospice
Nursing Care
Assisted Living Facilities
Others
Breakup by Gender:
Male
Female
Breakup by Payer:
Public
Private
Out-of-Pocket
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amedisys Inc., Atria Senior Living Inc. (Wickshire Senior Living), Brookdale Senior Living Inc., Diversicare Healthcare Services Inc., Extendicare Inc., Genesis HealthCare, Home Instead Inc. (Honor Technology Inc.), Kindred Healthcare (LifePoint Health Inc.), LHC Group Inc. (UnitedHealth Group Incorporated), Sonida Senior Living Corporation, Sunrise Senior Living (Revera Inc.) and Trinity Health.
Key Questions Answered in This Report
- 1. What was the size of the global long term care market in 2023?
- 2. What is the expected growth rate of the global long term care market during 2024-2032?
- 3. What are the key factors driving the global long term care market?
- 4. What has been the impact of COVID-19 on the global long term care market?
- 5. What is the breakup of the global long term care market based on the service?
- 6. What are the key regions in the global long term care market?
- 7. Who are the key players/companies in the global long term care market?
Product Code: SR112024A5990
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Long Term Care Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Service
- 6.1 Home Healthcare
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hospice
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Nursing Care
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Assisted Living Facilities
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Gender
- 7.1 Male
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Female
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Payer
- 8.1 Public
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Private
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Out-of-Pocket
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amedisys Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Atria Senior Living Inc. (Wickshire Senior Living)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Brookdale Senior Living Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Diversicare Healthcare Services Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Extendicare Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Genesis HealthCare
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Home Instead Inc. (Honor Technology Inc.)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Kindred Healthcare (LifePoint Health Inc.)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 LHC Group Inc. (UnitedHealth Group Incorporated)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Sonida Senior Living Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Sunrise Senior Living (Revera Inc.)
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Trinity Health
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 SWOT Analysis
- 14.3.1 Amedisys Inc.
Product Code: SR112024A5990
List of Figures
- Figure 1: Global: Long Term Care Market: Major Drivers and Challenges
- Figure 2: Global: Long Term Care Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Long Term Care Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Long Term Care Market: Breakup by Service (in %), 2023
- Figure 5: Global: Long Term Care Market: Breakup by Gender (in %), 2023
- Figure 6: Global: Long Term Care Market: Breakup by Payer (in %), 2023
- Figure 7: Global: Long Term Care Market: Breakup by Region (in %), 2023
- Figure 8: Global: Long Term Care (Home Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Long Term Care (Home Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Long Term Care (Hospice) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Long Term Care (Hospice) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Long Term Care (Nursing Care) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Long Term Care (Nursing Care) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Long Term Care (Assisted Living Facilities) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Long Term Care (Assisted Living Facilities) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Long Term Care (Other Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Long Term Care (Other Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Long Term Care (Male) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Long Term Care (Male) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Long Term Care (Female) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Long Term Care (Female) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Long Term Care (Public) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Long Term Care (Public) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Long Term Care (Private) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Long Term Care (Private) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Long Term Care (Out-of-Pocket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Long Term Care (Out-of-Pocket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: North America: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: North America: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: United States: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: United States: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Canada: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Canada: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Asia-Pacific: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Asia-Pacific: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: China: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: China: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Japan: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Japan: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: India: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: India: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: South Korea: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: South Korea: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Australia: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Australia: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Indonesia: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Indonesia: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Others: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Others: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Europe: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Europe: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Germany: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Germany: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: France: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: France: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: United Kingdom: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: United Kingdom: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Italy: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Italy: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Spain: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Spain: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Russia: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Russia: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Latin America: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Latin America: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Brazil: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Brazil: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Mexico: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Mexico: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Others: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Others: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Middle East and Africa: Long Term Care Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Middle East and Africa: Long Term Care Market: Breakup by Country (in %), 2023
- Figure 76: Middle East and Africa: Long Term Care Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Global: Long Term Care Industry: SWOT Analysis
- Figure 78: Global: Long Term Care Industry: Value Chain Analysis
- Figure 79: Global: Long Term Care Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Long Term Care Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Long Term Care Market Forecast: Breakup by Service (in Million US$), 2024-2032
- Table 3: Global: Long Term Care Market Forecast: Breakup by Gender (in Million US$), 2024-2032
- Table 4: Global: Long Term Care Market Forecast: Breakup by Payer (in Million US$), 2024-2032
- Table 5: Global: Long Term Care Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Long Term Care Market: Competitive Structure
- Table 7: Global: Long Term Care Market: Key Players
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