Long Term Care Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Long Term Care 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Accord ing  to  the  la tes t  repor t  by  IMARC Group ,  t i t l ed  "Long Term Care  
Market :  Globa l  Industry  Trends,  Share ,  S ize ,  Growth,  Oppor tun i ty  and 
Forecast  2024 -2032 ,"  t he  g loba l  long  te rm care  marke t  s i ze  reached  US$ 
1 ,079 .1  B i l l i on  in  2023 .
Factors Af fect ing the Growth of  the Long Term Care Industry:
Increasing Geriat r ic  Populat ion:
Report One  o f  t he  p r ima ry  fac to rs  d r i v ing  the  long- te rm care  marke t  i s  t he  ag ing  
popu la t ion .  G loba l l y ,  t he  number  o f  e lde r l y  i nd iv idua ls  i s  i nc reas ing  a t  an  
Highlight and unpreceden ted  ra te .  Th is  demograph ic  sh i f t  i s  la rge ly  due  to  inc reased  l i f e  expec tancy  and  dec l in ing  b i r th  ra tes .  As ind iv idua ls  age ,  they  o f ten  exper ience  
a  dec l ine  in  phys ica l  and  cogn i t i ve  func t ions ,  l ead ing  to  a  g rea te r  need  fo r  
Description ass is tance  w i th  da i l y  ac t i v i t i es  and  med ica l  ca re .  
Chron ic  i l lnesses  such  as  A lzhe imer ' s  d i sease ,  a r th r i t i s ,  and  ca rd iovascu la r  
cond i t ions  become more  p reva len t  w i th  age ,  necess i ta t i ng  long- te rm care  
se rv ices .  Th is  g row ing  demand fo r  long- te rm care  se rv i ces  has  led  to  
s ign i f i can t  marke t  g rowth ,  w i th  fac i l i t ies  and  home care  se rv i ces  expand ing  to  
mee t  the  needs  o f  the  e lde r l y  popu la t ion .
Chron ic  D iseases  and  D isab i l i t ies :
A no t h e r  s i g n i f i c a n t  f a c t o r  d r i v i n g  th e  l o n g - t e r m  c a r e  m a r k e t  i s  t h e  i nc r e a s i ng  
p r e v a l e n ce  o f  c h ro n i c  d i s e a se s  a n d  d i s ab i l i t i e s .  C h ro n i c  c o n d i t i o n s  s u c h  a s  d i ab e t e s ,  
hy p e r t en s i o n ,  an d  c a rd i o v a s c u l a r  d i s e as e s  a re  o n  t h e  r i s e  g l o b a l l y ,  l a r g e l y  d u e  to  
l i f e s t y l e  f a c t o rs  su c h  a s  p o o r  d i e t ,  l a ck  o f  e x e r c i se ,  a n d  s m o k i n g .  T h e se  c on d i t i on s  
Report o f t e n  l e a d  t o  l o n g - t e r m  h ea l t h  c o mp l i c a t i on s  t h a t  r e q u i re  o n g o i ng  m e d i ca l  c a r e  a nd  
su p p o r t .  
Highlight and A dd i t i o n a l l y ,  t h e  i n c i d e nc e  o f  d i sa b i l i t i e s  d u e  t o  a c c i de n t s ,  i n j u r i es ,  an d  co n g e n i t a l  co n d i t i o ns  a l s o  co n t r i b u te s  t o  t h e  d e m a nd  f o r  l o n g - t e r m  c a r e  s e rv i c e s .  A d va n c e s  i n  
me d i c a l  t e c hn o l o g y  h a v e  i mp r o v e d  su r v i v a l  r a t e s  f o r  ma n y  c o n d i t i o n s ,  a l t h o u g h  th i s  
Description o f t e n  r e s u l t s  i n  l o ng e r  pe r i o d s  o f  c a r e .  A s  a  r es u l t ,  t h e  l o ng - t e rm  c a r e  ma r k e t  i s  ex p a n d i n g  t o  p r o v i de  s p ec i a l i z e d  s e rv i c e s ,  i n c l u d i n g  r e h ab i l i t a t i o n ,  p a l l i a t i v e  c a r e ,  a nd  
su p p o r t  f o r  a c t i v i t i e s  o f  d a i l y  l i v i n g .
Pol icy  and  Economic  Fac tors :
P o l i c y  a n d  ec o n o m i c  f a c t o r s  p l a y  a  c r u c i a l  r o l e  i n  s h a p i n g  t h e  l on g - te r m  ca r e  ma r k e t .  
Go v e r nm e n t  p o l i c i e s  a n d  f u nd i n g  me c h an i s m s  s i g n i f i c a n t l y  i m p a c t  t h e  av a i l a b i l i t y  a nd  
qu a l i t y  o f  l o n g - t e rm  ca r e  s e r v i ce s .  I n  m an y  c o u n t r i e s ,  p u b l i c  h ea l t h  i n s u ra n c e  p r og r a ms  
su c h  a s  M e d i ca r e  a n d  M e d i c a i d  i n  t h e  U n i t e d  S ta t e s  p r ov i d e  f i n a n c i a l  su p p o r t  f o r  l o n g -
t e r m  c a r e  s e r v i c e s .
Add i t iona l l y ,  va r ious  coun t r ies  have  imp lemented  po l i c ies  to  p romote  ag ing  in  
p lace ,  where  e lde r l y  ind iv idua ls  rece ive  ca re  a t  home ins tead  o f  i n  ins t i t u t iona l  
se t t i ngs .  Economic  fac to rs ,  inc lud ing  the  r i s ing  cos ts  o f  hea l thcare  and  long -
te rm care  se rv ices ,  a lso  in f luence  the  marke t .  The  inc reas ing  f inanc ia l  bu rden  
on  ind iv idua ls  and  fami l ies  has  led  to  a  g rea te r  emphas is  on  insurance  
p roduc ts  and  p r i va te  sec to r  i nvo lvement  in  long- te rm care .  Moreover ,  
Report economic  incen t ives  fo r  hea l thca re  p rov ide rs  to  inves t  in  l ong- te rm care  
fac i l i t i es  and  se rv i ces  have  spur red  marke t  g rowth .
Highlight and 
Request  for  a  PDF sample  o f  th is  repor t :  
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Description
Report Description
Global Long Term Care Market Trends:
The increasing par t ic ipat ion of  women in  the workforce is  a  s ign i f icant  factor  dr iv ing the long- term 
care market .  Trad i t iona l ly ,  women have been the pr imary careg ivers  for  e lder ly  fami ly members,  
however ,  as more women pursue careers,  there is  a  reduced ava i lab i l i ty  o f  in formal  careg ivers .  Th is  
sh i f t  has led to  a  h igher  demand for  profess ional  long- term care serv ices.  
The dual - income fami ly  model  necess i ta tes externa l  suppor t  for  e lder ly  care,  thereby expanding the 
market  for  long-term care fac i l i t ies and home care serv ices.  Moreover ,  the need for  profess iona l  
care serv ices becomes cr i t ica l  as fami l ies  look for  re l iab le  and cons is tent  care opt ions to  ensure the 
wel l -be ing of  the i r  e lder ly  re la t ives whi le  managing the i r  professional  responsib i l i t ies .
View Report  TOC, F igures and Tables :  ht tps: / /www.imarcgroup.com/long-term-care-market
Breakup by Service:
• Home Healthcare
• Hospice
• Nursing Care
• Assisted Liv ing Faci l i t ies
• Others
Report 
Breakup by Gender:
Segmentation • Male
• Female
Breakup by Payer:
• Publ ic
• Private
• Out-of-Pocket
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
Report 
Segmentation
• Amedisys Inc.
• Atria Senior Living Inc.  (Wickshire Senior 
Living)
• Brookdale Senior Living Inc.
Competitive • Diversicare Healthcare Services Inc.
Landscape • Extendicare Inc.
• Genesis HealthCare
with Key • Home Instead Inc.  (Honor Technology Inc.)
Players • Kindred Healthcare (LifePoint Health Inc.)
• LHC Group Inc. (UnitedHealth Group 
Incorporated)
• Sonida Senior Living Corporation
• Sunrise Senior Living (Revera Inc.)
• Trinity Health
What was the size of the global long term care 
market in 2023?
What is the expected growth rate of the global long 
term care market during 2024-2032?
Key What are the key factors driving the global long 
term care market?
Questions 
Answered in What has been the impact of COVID-19 on the global long term care market?
the Report
What is the breakup of the global long term care 
market based on the service?
What are the key regions in the global long term 
care market?
Who are the key players/companies in the global 
long term care market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  L o n g  T e r m  C a r e  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  S e r v i c e
    6 . 1     H o m e  H e a l t h c a r e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     H o s p i c e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     N u r s i n g  C a r e
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     A s s i s t e d  L i v i n g  F a c i l i t i e s
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     O t h e r s
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  G e n d e r
    7 . 1     M a l e
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     F e m a l e
Table of         7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  P a y e r
Contents     8 . 1     P u b l i c        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     P r i v a t e
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     O u t - o f - P o c k e t
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  R e g i o n
    9 . 1     N o r t h  A m e r i c a
        9 . 1 . 1  U n i t e d  S t a t e s
           9 . 1 . 1 . 1  M a r k e t  T r e n d s
           9 . 1 . 1 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / l o ng - te rm -c a re -m a rke t / t o c
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