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Long Term Care Market Report
Global Long Term Care Market, Dynamics, Market Analysis
The report on the global Long Term Care Market is segmented by Service Type (Home healthcare services, Facility based care services, Community-based services, Other), By Gender (Male, Female), By Payer (Public, Private, Out-of-Pocket), and Region. ...
The long term care market is expected to witness an impressive growth of 7.0% CAGR in the foreseeable future.
Brookdale Senior Living Solutions (The U.S), Sunrise Senior Living, LLC (The U.S), Capital Senior Living Corporation (The U.S), Extendicare Inc. (Canada), Diversicare Healthcare (The U.S), Amedisys Home Health and Hospice Care (The U.S), Senior Care Centers (The U.S), Lincare Holdings Inc. (The U.S), Atria Senior Living Inc. (The U.S) and Home Instead Senior Care (The U.S) are among the key players in the long term care market.
The long term care market size is expected to reach USD 1,421.2 billion in the coming years.
North America accounted for the largest share of the long term care market in 2020.
The community-based services segment accounted for the largest share of long term care market in 2020.
Increasing elderly population coupled with increased spending on healthcare across geographies, increasing awareness about the long-term care facilities in the developing economies, growing prevalence of chronic diseases particularly among elders are the factors driving the growth of long term care market.
Long term care distributors, Long term care suppliers, Long term care manufacturers, Logistics organizations, Government Bodies are the target audience in the long term care market.