As per Intent Market Research, the Long Term Care Market was valued at USD 1.1 Billion in 2024-e and will surpass USD 1.6 Billion by 2030; growing at a CAGR of 6.4% during 2025-2030.

The long-term care market is integral to addressing the healthcare needs of individuals requiring assistance with daily activities due to age, illness, or disability. As the global population ages, particularly in developed countries, there is an increasing demand for long-term care services. This market encompasses a wide range of services, including in-home care, nursing homes, assisted living facilities, hospice care, and other specialized care settings. The growing prevalence of chronic diseases, disabilities, and an aging population is driving this market's expansion, as individuals seek quality care that ensures their well-being, comfort, and independence.

In this market, in-home care has emerged as the largest service type, driven by its preference among elderly individuals and their families. In-home care allows patients to receive care in a familiar and comfortable environment, supporting their independence while offering necessary assistance with daily living activities, such as personal hygiene, medication management, and companionship. This care model is increasingly seen as a cost-effective and desirable alternative to institutional care settings. As the elderly population continues to grow and individuals seek to age in place, the demand for in-home care services will remain the dominant segment in the long-term care market.

Assisted Living Facilities are Fastest Growing Due to Aging Population and Desire for Independence

The fastest-growing service type within the long-term care market is assisted living facilities. As the elderly population expands, particularly among baby boomers in developed nations, many individuals are seeking alternatives that provide a balance between independence and access to necessary care. Assisted living facilities offer a supportive environment where seniors can receive assistance with daily activities while maintaining a level of autonomy. These facilities provide services such as meal preparation, medication management, housekeeping, and social activities, which appeal to individuals who do not require intensive medical care but still need support in managing their health and lifestyle.

The growth of assisted living facilities is fueled by the increasing demand for care options that cater to the diverse needs of older adults. Many seniors prefer these facilities to nursing homes because they offer a more independent living arrangement while still providing essential services. As the aging population continues to increase and preferences shift toward community-based care, the demand for assisted living facilities is projected to grow rapidly, making it the fastest-growing segment within the long-term care market.

Elderly Population End-User is Largest Due to Aging Demographics

In the long-term care market, the elderly population is the largest end-user segment. With the global aging population on the rise, the need for long-term care services has surged, particularly for individuals over the age of 65. The elderly often experience health issues related to aging, such as mobility impairments, chronic diseases, and cognitive decline, all of which require specialized care. As more individuals live longer, the demand for services like in-home care, nursing homes, and assisted living facilities continues to rise.

The increasing number of elderly individuals needing assistance with daily activities or medical care is the primary driver of the long-term care market. In many countries, aging populations are a significant demographic shift, with people living longer due to advancements in healthcare and better living standards. As the elderly population grows, the demand for a wide range of long-term care services will continue to increase, solidifying this segment as the largest in the market.

Private Service Providers are Largest Due to Higher Demand for Personalized Care

Among the service providers in the long-term care market, private companies are the largest segment. Private providers are increasingly popular due to their ability to offer more personalized care and greater flexibility compared to public or non-profit providers. Many individuals and families seek private long-term care services because they can cater to specific needs, such as specialized medical care, customized living arrangements, and private room accommodations. These services are often seen as higher quality and more tailored to individual preferences, driving the demand for private care facilities.

The rising affluence of certain population segments, coupled with the desire for premium, personalized care options, has contributed to the dominance of private service providers. As wealthier individuals and families look for high-quality care with fewer restrictions, private companies have capitalized on this demand by offering premium services across various care settings, from in-home care to assisted living facilities and nursing homes. Private providers are expected to continue leading the market as demand for high-quality, customizable care grows.

North America is Largest Region Due to Aging Population and Developed Healthcare Infrastructure

North America is the largest region in the long-term care market, driven by the high demand for senior care services and the region’s advanced healthcare infrastructure. The United States, in particular, has one of the largest elderly populations globally, with a significant portion of this demographic requiring long-term care services. North America’s well-established healthcare systems, alongside high-income levels and strong insurance coverage, have led to the development of a comprehensive long-term care market.

In addition to the growing elderly population, the increasing focus on aging in place and improving the quality of care for seniors has contributed to North America's market leadership. With widespread access to a range of long-term care options, including in-home care, nursing homes, and assisted living facilities, North America remains the largest and most advanced market for long-term care services. As the aging population continues to expand and healthcare systems adapt to meet the needs of seniors, North America will continue to dominate the global long-term care market.

Leading Companies and Competitive Landscape

The long-term care market is highly fragmented, with both large, well-established companies and smaller regional providers competing for market share. Leading companies in the market include Brookdale Senior Living, LHC Group, Amedisys, Humana Inc., and Genesis Healthcare. These companies offer a wide range of services, including in-home care, assisted living, nursing homes, and hospice care, and they maintain a strong presence across various regions.

The competitive landscape is shaped by several factors, including the quality of care, service offerings, and the ability to meet the diverse needs of patients. Companies are increasingly focusing on technological advancements, such as telemedicine, electronic health records, and remote monitoring systems, to enhance patient care and improve operational efficiency. Moreover, partnerships and acquisitions are common as companies seek to expand their service offerings and geographic presence. As the demand for long-term care services continues to grow, competition will intensify, with providers striving to offer high-quality, personalized care while navigating the challenges of a rapidly aging population.

Recent Developments:

  • Brookdale Senior Living announced plans to expand its network of assisted living facilities to accommodate the increasing demand for elderly care services.
  • Amedisys Inc. launched a new at-home care service focused on enhancing quality of life for elderly patients with chronic illnesses.
  • Visiting Angels expanded its in-home care services to more regions, providing personalized healthcare options for seniors and disabled individuals.
  • Comfort Keepers introduced a new technology platform to help family members remotely monitor the well-being of loved ones receiving long-term care at home.
  • Genesis HealthCare completed the acquisition of several nursing home facilities to increase its presence in the senior healthcare market.

List of Leading Companies:

  • Brookdale Senior Living
  • Amedisys Inc.
  • LHC Group, Inc.
  • Genesis HealthCare
  • Kindred Healthcare
  • Visiting Angels
  • Comfort Keepers
  • Senior Care Centers
  • Encompass Health
  • LHC Group, Inc.
  • The Ensign Group
  • Home Instead
  • LifeCare Health Partners
  • National Healthcare Corporation
  • CareMore Health

Report Scope:

Report Features

Description

Market Size (2024-e)

USD 1.1 Billion

Forecasted Value (2030)

USD 1.6 Billion

CAGR (2025 – 2030)

6.4%

Base Year for Estimation

2024-e

Historic Year

2023

Forecast Period

2025 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Long Term Care Market By Type of Care (In-home Care, Nursing Homes, Assisted Living Facilities, Hospice Care), By Service Provider (Public, Private, Non-profit), and By End-User (Elderly Population, Chronically Ill Patients, Disabled Individuals)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Long-Term Care Services, Elderly Care, Nursing Home Care, Assisted Living, Hospice Services, Home Healthcare, Senior Living, Chronic Illness Care, Healthcare for Disabled, Geriatric Care, In-home Senior Care, Healthcare Facilities for Elderly, Palliative Care, Non-medical Care, Disability Care

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Long Term Care Market, by Type of Care (Market Size & Forecast: USD Million, 2023 – 2030)

   4.1. In-home Care

   4.2. Nursing Homes

   4.3. Assisted Living Facilities

   4.4. Hospice Care

   4.5. Others

5. Long Term Care Market, by Service Provider (Market Size & Forecast: USD Million, 2023 – 2030)

   5.1. Public

   5.2. Private

   5.3. Non-profit

   5.4. Others

6. Long Term Care Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030)

   6.1. Elderly Population

   6.2. Chronically Ill Patients

   6.3. Disabled Individuals

   6.4. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Long Term Care Market, by Type of Care

      7.2.7. North America Long Term Care Market, by Service Provider

      7.2.8. North America Long Term Care Market, by End-User

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Long Term Care Market, by Type of Care

               7.2.9.1.2. US Long Term Care Market, by Service Provider

               7.2.9.1.3. US Long Term Care Market, by End-User

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Brookdale Senior Living

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Amedisys Inc.

   9.3. LHC Group, Inc.

   9.4. Genesis HealthCare

   9.5. Kindred Healthcare

   9.6. Visiting Angels

   9.7. Comfort Keepers

   9.8. Senior Care Centers

   9.9. Encompass Health

   9.10. LHC Group, Inc.

   9.11. The Ensign Group

   9.12. Home Instead

   9.13. LifeCare Health Partners

   9.14. National Healthcare Corporation

   9.15. CareMore Health

10. Appendix

A comprehensive market research approach was employed to gather and analyze data on the Long Term Care Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Long Term Care Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Long Term Care Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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