Long Term Care Market Size, Share, and Trends 2024 to 2034

The global long term care market size is estimated at USD 1.16 trillion in 2024, grew to USD 1.24 trillion in 2025 and is predicted to surpass around USD 2.18 trillion by 2034, expanding at a CAGR of 6.50% between 2024 and 2034.

  • Last Updated : October 2024
  • Report Code : 1448
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Long Term Care Market 

5.1. COVID-19 Landscape: Long Term Care Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Long Term Care Market, By Services

8.1. Long Term Care Market, by Services Type, 2023-2032

8.1.1. Product Offering

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Hospice

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Nursing Care

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Assisted Living Facilities

8.1.4.1. Market Revenue and Forecast (2020-2032) 

Chapter 9. Global Long Term Care Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Services (2020-2032)

9.1.2. U.S.

9.1.3. Rest of North America

9.1.3.1. Market Revenue and Forecast, by Services (2020-2032)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Services (2020-2032)

9.2.2. UK

9.2.2.1. Market Revenue and Forecast, by Services (2020-2032)

9.2.3. France

9.2.3.1. Market Revenue and Forecast, by Services (2020-2032)

9.2.4. Rest of Europe

9.2.4.1. Market Revenue and Forecast, by Services (2020-2032)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Services (2020-2032)

9.3.2. India

9.3.2.1. Market Revenue and Forecast, by Services (2020-2032)

9.3.3. China

9.3.3.1. Market Revenue and Forecast, by Services (2020-2032)

9.3.4. Japan

9.3.4.1. Market Revenue and Forecast, by Services (2020-2032)

9.3.5. Rest of APAC

9.3.5.1. Market Revenue and Forecast, by Services (2020-2032)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Services (2020-2032)

9.4.2. GCC

9.4.2.1. Market Revenue and Forecast, by Services (2020-2032)

9.4.3. North Africa

9.4.3.1. Market Revenue and Forecast, by Services (2020-2032)

9.4.4. South Africa

9.4.4.1. Market Revenue and Forecast, by Services (2020-2032)

9.4.5. Rest of MEA

9.4.5.1. Market Revenue and Forecast, by Services (2020-2032)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Services (2020-2032)

9.5.2. Brazil

9.5.2.1. Market Revenue and Forecast, by Services (2020-2032)

9.5.3. Rest of LATAM

9.5.3.1. Market Revenue and Forecast, by Services (2020-2032)

Chapter 10. Company Profiles

10.1. Amedisys Inc.

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Brookdale Senior Living

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Sunrise Carlisle LP

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Home Instead Senior Care Inc.

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Atria Senior Living Group

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Senior Care Centers of America

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Extendicare Inc.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Diversicare Healthcare Services Inc.

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global long term care market size was reached at US$ 1.03 trillion in 2022 and is anticipated to surpass US$ 1.92 trillion by 2032.

The global long term care market is growing at a CAGR of 6.50% during the forecast period 2023 to 2032.

The major players operating in the long term care market are Amedisys Inc., Brookdale Senior Living, Sunrise Carlisle LP, Home Instead Senior Care Inc., Atria Senior Living Group, Senior Care Centers of America, Extendicare Inc., Diversicare Healthcare Services Inc., Kindred Healthcare Inc., Capital Senior Living.

The long term care market is predicted to rise as the global geriatric population opts for long term care services, particularly in developed economies. The use of new healthcare information technologies in these services will increase demand for long term care.

North America is the largest segment for long term care market in terms of region. Government of the North America encourage the adoption of long term care services by enacting favorable laws, such as U.S. national social insurance schemes.

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