Market Overview:
The global long term care provider market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing geriatric population and rising prevalence of chronic diseases. In addition, the growing demand for home healthcare services and increasing awareness about long term care facilities are also contributing to the growth of this market. Based on type, the global long term care provider market is segmented into home healthcare, hospice, nursing care, and assisted living facilities. Home healthcare services are expected to witness highest growth during the forecast period owing to their growing popularity among consumers due to their cost-effective nature as compared with other types of long term care providers. Based on application, female consumers account for a majority share in this market owing to their higher vulnerability towards chronic diseases such as dementia and Alzheimer’s disease as compared with males.
Product Definition:
A long-term care provider is an organization that provides services to people who are unable to live independently and require assistance with activities of daily living. The importance of long-term care providers is that they provide a necessary service for people who cannot live independently.
Home Healthcare:
Home healthcare is a service that helps to provide medical care at home. It provides in-home services for patients who cannot receive the required medical treatment from hospitals or are unable to travel to any other location for receiving treatment. Home healthcare services include skilled nursing, assisted living, personal care assistance and homemaker assistance among others.
Hospice:
Hospice is a care and treatment provided to the terminally ill. It provides comfort care, such as assistance with daily activities, personal care, and emotional support. The main goal of hospice is to provide symptomatic relief from suffering while allowing the patient to die free from pain.
Application Insights:
The application of the global LTC provider market is categorized into female and male. The female segment held a larger share in 2017 as a result of increase in number of females entering old age groups. According to the United Nations (UN), there will be more than 1.3 billion people above 60 years by 2050, which is expected to drive demand for long term care services over the forecast period.
In terms of revenue, the male segment dominated the global market with a share estimated at around 55% in 2017 owing to increase in life expectancy and aging population globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large geriatric population base, high disposable income, and favorable reimbursement policies & regulatory reforms. Europe is expected to witness significant growth over the forecast period owing to an increase in demand for long term care services as well as improvements in quality standards across various countries. Asia Pacific is projected to exhibit lucrative CAGR during the forecast period due to factors such as improving healthcare infrastructure and economic development coupled with increasing awareness about LTC facilities among people.
The key players operating within this industry include but are not limited too; BAYADA Home Health Care Inc.; Columbia River Healthcare; HCR ManorCare; Home Instead Senior Care Inc.; Medline Industries; Amedisys Corporation Plc.; Presence Health plc.
Growth Factors:
- Aging population: The aging population is a key growth driver for the long term care provider market, as the elderly are more likely to require such services.
- Increased awareness of long term care options: There has been an increase in awareness of long term care options in recent years, which is driving demand for these services.
- Rising healthcare costs: The high cost of healthcare is prompting more people to seek out affordable long term care options.
- Government initiatives: Governments at both the national and local levels are increasingly investing in programs that support long term care providers and their patients/clients. This helps to drive market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Long Term Care Provider Market Research Report
By Type
Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities
By Application
Female, Male
By Companies
Brookdale Senior Living, Sunrise Senior Living, Emeritus Corporation, Atria Senior Living Group, Extendicare, Gentiva Health Services, Senior Care Centers of America, Kindred Healthcare, Genesis Healthcare Corp., Home Instead Senior Care
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Long Term Care Provider Market Report Segments:
The global Long Term Care Provider market is segmented on the basis of:
Types
Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Female, Male
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Brookdale Senior Living
- Sunrise Senior Living
- Emeritus Corporation
- Atria Senior Living Group
- Extendicare
- Gentiva Health Services
- Senior Care Centers of America
- Kindred Healthcare
- Genesis Healthcare Corp.
- Home Instead Senior Care
Highlights of The Long Term Care Provider Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Home Healthcare
- Hospice
- Nursing Care
- Assisted Living Facilities
- By Application:
- Female
- Male
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Long Term Care Provider Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A long term care provider is a person or organization who provides care and support to people who are unable to live independently. This can include providing assistance with activities of daily living, such as bathing, dressing, eating, and toileting; helping with personal hygiene; accompanying the person during medical appointments; and providing companionship.
Some of the major players in the long term care provider market are Brookdale Senior Living, Sunrise Senior Living, Emeritus Corporation, Atria Senior Living Group, Extendicare, Gentiva Health Services, Senior Care Centers of America, Kindred Healthcare, Genesis Healthcare Corp., Home Instead Senior Care.
The long term care provider market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Long Term Care Provider Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Long Term Care Provider Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Long Term Care Provider Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Long Term Care Provider Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Long Term Care Provider Market Size & Forecast, 2020-2028
4.5.1 Long Term Care Provider Market Size and Y-o-Y Growth
4.5.2 Long Term Care Provider Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Home Healthcare
5.2.2 Hospice
5.2.3 Nursing Care
5.2.4 Assisted Living Facilities
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Female
6.2.2 Male
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Long Term Care Provider Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Long Term Care Provider Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Home Healthcare
9.6.2 Hospice
9.6.3 Nursing Care
9.6.4 Assisted Living Facilities
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Female
9.10.2 Male
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Home Healthcare
10.6.2 Hospice
10.6.3 Nursing Care
10.6.4 Assisted Living Facilities
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Female
10.10.2 Male
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Home Healthcare
11.6.2 Hospice
11.6.3 Nursing Care
11.6.4 Assisted Living Facilities
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Female
11.10.2 Male
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Home Healthcare
12.6.2 Hospice
12.6.3 Nursing Care
12.6.4 Assisted Living Facilities
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Female
12.10.2 Male
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Home Healthcare
13.6.2 Hospice
13.6.3 Nursing Care
13.6.4 Assisted Living Facilities
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Female
13.10.2 Male
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Long Term Care Provider Market: Competitive Dashboard
14.2 Global Long Term Care Provider Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brookdale Senior Living
14.3.2 Sunrise Senior Living
14.3.3 Emeritus Corporation
14.3.4 Atria Senior Living Group
14.3.5 Extendicare
14.3.6 Gentiva Health Services
14.3.7 Senior Care Centers of America
14.3.8 Kindred Healthcare
14.3.9 Genesis Healthcare Corp.
14.3.10 Home Instead Senior Care
