Global Long-Term Care Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The global long-term care market is estimated to record a substantial CAGR of 7.2% during the forecast period (2021-2027). Growing burden of chronic diseases, favorable reforms and government initiatives within healthcare, and rise in aging population are among the major factors driving the growth of the long-term care market. Among the patients requiring long-term care, some of the most frequent chronic medical conditions include hypertension, gastroesophageal reflux disease, heartburn, acid/peptic acid disease, diabetes, atrial fibrillation, anemia, arthritis, atherosclerosis, congestive heart failure, constipation, chronic obstructive pulmonary disease, cerebrovascular disease, dementia, depression, diabetes, gastroesophageal reflux disease, heartburn and ulcer disease, hypertension, lipid disorder, osteoporosis, Parkinson’s disease, peripheral vascular disease, renal failure, thyroid disorders, and benign prostatic hyperplasia. The prevalence rate of most of these chronic diseases has increased in the last few years, thus, the need for long-term care services is anticipated to grow substantially.
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Further, the world is likely to witness considerable growth in geriatric
population, general age-related disabilities, and the elderly patient
population suffering from chronic diseases such as heart problems, Alzheimer’s,
dementia, and mental stress. In addition, hospitalization also proves to be
expensive and incurs unnecessary use of resources, which can be utilized by
patients in critical conditions. Unnecessary hospitalization often results in
higher expenditure and degrades the quality of life. Thus, increasing the
demand for long-term care services, across the globe.
Market
Coverage
·
Market
number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- by Service Type and Point of Care
·
Regions
Covered- North America, Europe, Asia-Pacific, Rest of the World
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Global
Long-Term Care Market Report Segment
By Type
Medical
Services
·
In-House
Therapy
·
Skilled
Nursing
·
Others
Assisted
Living Services
By Point of
Care
·
Homecare
·
Hospitals
(Rehabilitation Center)
Company
Profiles
·
Atria
Senior Living, Inc.
·
Abri
Health Care Services LLC
·
Amedisys,
Inc.
·
Brookdale
Senior Living Inc.
·
Capital
Senior Living Corp.
·
Diversicare
Healthcare Services Inc.
·
Extendicare
Inc.
·
Genesis
Healthcare LLC
·
Golden
Living Centers
·
Home
Instead, Inc.
·
Kindred
Healthcare, LLC
·
LHC
Group, Inc.
·
Lincare
Holdings Inc.
·
Life
Care Centers of America, Inc.
·
Promedica
Health System, Inc.
·
Sunrise
Senior Living, LLC
·
Savaseniorcare
Administrative Services LLC
·
Signature
Healthcare
·
The
Ensign Group, Inc.
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