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Long Term Care Market
Long Term Care Market Market Research Report – Segmented By Service (Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities, Others) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Service
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Long Term Care Market was valued at US $1,062.88 billion in 2021 and is projected to grow at 7.19% CAGR over the forecast period to reach US $1,611.97 billion by 2027. Long Term Care Market represented US $137.77 billion opportunity over 2019-2021 and estimated to create US $549.10 billion opportunity in 2027 over 2021.
Long Term Care from Consainsights analyses the Long Term Care Market in the Life Sciences industry over the forecast period to 2027.
Long Term Care research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Long Term Care segmentation includes Service and Geography.
Based on the Service, the Long Term Care analysis covers Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities, Others.
In Service segment, Home Healthcare segment has highest cagr growth of 6.36%.
Based on the region, the Long Term Care analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.
Key companies operating in the market include Brookdale Senior Living, Inc., Sunrise Carlisle, LP, Atria Senior Living Group, Extendicare Canada, Capital Senior Living, Diversicare Healthcare Services Inc., Health PEI (Prince Edward Island), Genesis Healthcare Corp., Revera Inc., Home Instead Senior Care, Inc., Amedisys, Inc. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Market Overview
Definition & Scope
The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
Currency, Year & Forecast
The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
Service
Introduction
In 2021, Home Healthcare segment has the highest revenue of US $460.56 billion and is expected to grow at CAGR of 6.36% by 2027 Home Healthcare segment has highest cagr growth of 6.36%.
Home Healthcare
Home Healthcare segment was valued at US $400.86 billion in 2019 and is projected to grow at 6.36% CAGR over the forecast period to reach US $698.50 billion by 2027. Home Healthcare segment represented US $59.70 billion opportunity over 2019-2021 and estimated to create US $237.93 billion opportunity in 2027 over 2021.
Hospice
Hospice segment was valued at US $262.72 billion in 2019 and is projected to grow at 6.36% CAGR over the forecast period to reach US $457.78 billion by 2027. Hospice segment represented US $39.13 billion opportunity over 2019-2021 and estimated to create US $155.94 billion opportunity in 2027 over 2021.
Nursing Care
Nursing Care segment was valued at US $150.45 billion in 2019 and is projected to grow at 6.36% CAGR over the forecast period to reach US $262.15 billion by 2027. Nursing Care segment represented US $22.41 billion opportunity over 2019-2021 and estimated to create US $89.30 billion opportunity in 2027 over 2021.
Assisted Living Facilities
Assisted Living Facilities segment was valued at US $68.41 billion in 2019 and is projected to grow at 6.36% CAGR over the forecast period to reach US $119.20 billion by 2027. Assisted Living Facilities segment represented US $10.19 billion opportunity over 2019-2021 and estimated to create US $40.60 billion opportunity in 2027 over 2021.
Others
Others segment was valued at US $42.67 billion in 2019 and is projected to grow at 6.36% CAGR over the forecast period to reach US $74.35 billion by 2027. Others segment represented US $6.35 billion opportunity over 2019-2021 and estimated to create US $25.32 billion opportunity in 2027 over 2021.