Long-term Care Market Overview
Long-term care includes a variety of levels of care and places, including adult daycare, nursing homes, hospices, and home health care. The demand in the global long-term care market has been impacted by a variety of elements and aspects. Various assessments provide investors and stakeholders with information on upcoming investment opportunities in various long-term care settings. Using well-established statistical approaches, the study examines the important determinants driving the transition of care and assesses their relevance in the shifting environment.
The target audience for long-term care services includes a high number of persons who are sick, disabled, or old. As a result, the growing ageing population is a major driver of long-term care demand. The demand for long-term care is also being driven by an increase in the population with chronic ailments or illnesses. The need for adult daycare has increased as the number of people with hypertension, osteoporosis, osteoarthritis, and type 2 diabetes has increased in developed countries.
Governments in several developing and industrialized countries are enacting programs aimed at extending the productive lives of the elderly. The global long-term care market has benefited greatly as a result of this. Nursing homes have been increasingly popular among those seeking mental health and counseling services in recent years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Service Type, Payer Type, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Amedisys, Inc., Atria Senior Living Group, Brookdale Senior Living, Inc., Capital Senior Living, Diversicare Healthcare Services, Inc., Extendicare, Inc., Genesis Healthcare Corp., Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Sunrise Carlisle. |
Covid-19 Impact on Long-term Care Market
In addition, the current Long-term Care Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Long-term Care Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Long-term Care Market Segment Overview
According to Service Type, Nursing care is one of the largest segments in the global Long-term Care market. The presence of a huge number of facilities offering nursing care to the rising aging population worldwide is a key factor driving the segment. Furthermore, Home Healthcare held the second-largest share in 2020. The rising demand for personalized long-term care at home and cost-effectiveness drive the growth of the home healthcare segment. With a growing demand for home healthcare, healthcare providers are introducing newer technologies and software to improve the quality of long-term care services being provided.
Long-term Care Market, By Service Type
· Home Health Care
· Hospice
· Nursing Care
· Assisted Living Facilities
· Other Services
Long-term Care Market, By Payer Type
· Public
· Private
· Out-of-pocket
Long-term Care Market Regional Overview
Geographically, North America dominated the Long-term Care market. This is because of the high percentage of the old-age population, greater government funding, and the implementation of a streamlined regulatory framework. Furthermore, the market in the Asia Pacific is anticipated to grow at a considerable rate in the coming years. This can be mainly attributed to the growing occurrence of chronic illnesses, such as diabetes, cardiac disorders, and respiratory diseases.
Long-term Care Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Long-term Care Market, Key Players
· Amedisys, Inc.
· Atria Senior Living Group
· Brookdale Senior Living, Inc.
· Capital Senior Living
· Diversicare Healthcare Services, Inc.
· Extendicare, Inc.
· Genesis Healthcare Corp.
· Home Instead Senior Care, Inc.
· Kindred Healthcare, Inc.
· Senior Care Centers of America
· Sunrise Carlisle
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Long-term Care market?
Governments in several developing and industrialized countries are enacting programs aimed at extending the productive lives of the elderly. The global long-term care market has benefited greatly as a result of this.
Q2. Which Segments are covered in the Long-term Care Market report?
Service Type, Payer Type, and Region. these segments are covered in the Long-term Care market report.
Q3. Which segment is projected to hold the largest share in the Long-term Care Market?
The nursing care segment is projected to hold the largest share in the Long-term Care Market.
Q4. Which region holds the largest share in the Long-term Care market?
North America held the largest share in the global Long-term Care market
Q5. Which are the prominent players in the Long-term Care Market?
Amedisys, Inc., Atria Senior Living Group, Brookdale Senior Living, Inc., Capital Senior Living, Diversicare Healthcare Services, Inc., Extendicare, Inc., Genesis Healthcare Corp., Home Instead Senior Care, Inc., Kindred Healthcare, Inc., Senior Care Centers of America, Sunrise Carlisle. are some key players in the Long-term Care Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Long-term Care Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Service Type
- 5.2.1. Home Health Care
- 5.2.2. Hospice
- 5.2.3. Nursing Care
- 5.2.4. Assisted Living Facilities
- 5.2.5. Other Services
- 5.3. Market Analysis, Insights and Forecast – By Payer Type
- 5.3.1. Public
- 5.3.2. Private
- 5.3.3. Out-of-pocket
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Long-term Care Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Service Type
- 6.2.1. Home Health Care
- 6.2.2. Hospice
- 6.2.3. Nursing Care
- 6.2.4. Assisted Living Facilities
- 6.2.5. Other Services
- 6.3. Market Analysis, Insights and Forecast – By Payer Type
- 6.3.1. Public
- 6.3.2. Private
- 6.3.3. Out-of-pocket
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Long-term Care Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Service Type
- 7.2.1. Home Health Care
- 7.2.2. Hospice
- 7.2.3. Nursing Care
- 7.2.4. Assisted Living Facilities
- 7.2.5. Other Services
- 7.3. Market Analysis, Insights and Forecast – By Payer Type
- 7.3.1. Public
- 7.3.2. Private
- 7.3.3. Out-of-pocket
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Long-term Care Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Service Type
- 8.2.1. Home Health Care
- 8.2.2. Hospice
- 8.2.3. Nursing Care
- 8.2.4. Assisted Living Facilities
- 8.2.5. Other Services
- 8.3. Market Analysis, Insights and Forecast – By Payer Type
- 8.3.1. Public
- 8.3.2. Private
- 8.3.3. Out-of-pocket
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Long-term Care Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Service Type
- 9.2.1. Home Health Care
- 9.2.2. Hospice
- 9.2.3. Nursing Care
- 9.2.4. Assisted Living Facilities
- 9.2.5. Other Services
- 9.3. Market Analysis, Insights and Forecast – By Payer Type
- 9.3.1. Public
- 9.3.2. Private
- 9.3.3. Out-of-pocket
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Amedisys, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Atria Senior Living Group
- 10.6. Brookdale Senior Living, Inc.
- 10.7. Capital Senior Living
- 10.8. Diversicare Healthcare Services, Inc.
- 10.9. Extendicare, Inc.
- 10.10. Genesis Healthcare Corp.
- 10.11. Home Instead Senior Care, Inc.
- 10.12. Kindred Healthcare, Inc.
- 10.13. Senior Care Centers of America
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
