Quick Summary:
As a senior executive who oversees strategic market planning and competitive analysis, your understanding of the global Long-Term Care Market is key to successfully steer your business through a rapidly evolving landscape. Our comprehensive market research report, poised to hit the $2 Billion mark by 2030, creates a unique panorama of this market including the major segments like Nursing Care and Home Healthcare along with their projected growth rates.
Including granular analysis of regional markets such as the U.S, China, Japan, Canada, and Germany, this report offers critical insights, latest trends and market share of principal competitors. With features like special updates, peer-to-peer collaborative bespoke planning, and access to digital archives, you'll be well equipped to address the challenges and opportunities this market presents. Don't miss this chance to make informed and effective business decisions; purchase this indispensable tool today.
Global Long-Term Care Market to Reach $2 Billion by 2030
The global market for Long-Term Care estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Nursing Care, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$898.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Home Healthcare segment is readjusted to a revised 6.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $337 Million, While China is Forecast to Grow at 8.8% CAGR
The Long-Term Care market in the U.S. is estimated at US$337 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$454.2 Million by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 129 Featured) -
- Atria Senior Living, Inc.
- Extendicare Canada
- Genesis HealthCare
- Health PEI (Prince Edward Island)
- Home Instead, Inc.
- Revera Inc.
- Sunrise Senior Living
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Long-Term Care?
What is the growth rate of the Global Market for Long-Term Care?
What is the forecasted size of the Global Market for Long-Term Care?
Who are the key companies in the Global Market for Long-Term Care?
| Report Attribute | Details |
|---|---|
| No. of Pages | 288 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.3 Billion |
| Forecasted Market Value ( USD | $ 2 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Atria Senior Living, Inc.
- Extendicare Canada
- Genesis HealthCare
- Health PEI (Prince Edward Island)
- Home Instead, Inc.
- Revera Inc.
- Sunrise Senior Living
