Long Term Care Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Long Term Care Market Report is Segmented by Service (Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities, and Others), and Geography (North America, Europe, Asia-Pacific, The Middle East and Africa, and South America). The Report Offers the Value (in USD) for the Above Segments.

Long Term Care Market Size

Global Long Term Care Market Summary

Long Term Care Market Analysis

The Global Long Term Care Market size is estimated at USD 1.27 trillion in 2025, and is expected to reach USD 1.71 trillion by 2030, at a CAGR of 6.1% during the forecast period (2025-2030).

Megatrends Shaping the Industry: The Global Long Term Care Industry is undergoing substantial growth, driven by powerful megatrends such as the aging global population, evolving family dynamics, and escalating healthcare costs. These trends are setting the stage for expanded Long-Term Care Services, bolstered by rising demand, improved insurance offerings, and technological advancements in healthcare delivery, shaping the Long Term Care Industry Trends.

Favorable Long Term Care Insurance Plans: Insurance plans tailored to Long-Term Care are playing a critical role in expanding market accessibility, reflecting key Long Term Care Insurance Trends. The introduction of flexible and comprehensive Long-Term Care Insurance (LTCI) products is gaining traction, especially in Europe, where countries such as Germany and the Netherlands have integrated Long-Term Care Coverage into their social welfare systems. Germany's Pflegeversicherung covers various Long-Term Care Services, including Home Care and Nursing Home. In the Netherlands, the Long-Term Care Act extends coverage to both Residential Care and community-based care, helping to alleviate financial burdens. These insurance mechanisms are key to making Long-Term Care more affordable and accessible, significantly driving the Long Term Care Market forward.

Increasing Adoption of Long Term Care Services Among Old Population Base: As the global geriatric population grows, the demand for Long-Term Care Services within the Elderly Care Industry is rising. Increasing awareness, changing family structures, and a desire for independence are prompting more seniors to seek professional care services. Countries like South Korea are leading the way by implementing universal Long-Term Care Insurance to support their elderly population. Furthermore, the European Care Strategy is driving Long-Term Care Policy reform across the European Union, making Care Services more accessible and improving working conditions for care providers. This growing adoption is essential to sustaining the Long Term Care Industry's expansion.

Technological Advancements in the Field of Long-Term Care: Technology is revolutionizing the Long Term Care Technologies Market, optimizing both the quality of care and operational efficiency. Innovations like Electronic Health Record (EHR) systems, telehealth, remote patient monitoring, and electronic medication management systems are enhancing Home Healthcare, care coordination, and enabling real-time patient health tracking. Assistive technologies, such as wearable devices, smart home automation, and fall detection systems, are improving safety and independence for individuals with age-related conditions, enhancing Aging Care. These advancements are transforming the sector, making Care Services more effective and appealing, while contributing to the Long Term Care Market Trends.

Long Term Care Industry Overview

Market Dominance: Global Players Lead Consolidated Market

The Global Long Term Care Market is dominated by a few key players, with companies such as Korian, Orpea Group, and Bupa Finance PLC holding significant market shares across multiple countries. These large operators benefit from economies of scale, enabling them to offer comprehensive services and maintain a strong presence. The market's consolidation has been driven by mergers, acquisitions, and strategic partnerships, which provide these companies with the resources needed to expand their global reach and diversify their service offerings.

Top Players: Scale and Diversification Drive Leadership

Korian, Orpea Group, and Bupa Finance PLC lead the market with global revenues exceeding USD 5 billion. Their diversified portfolios, which include Nursing Homes, Assisted Living facilities, and Home Care services, enable them to address a broad range of patient needs. These companies have the financial strength to invest in cutting-edge technologies and expand their services. As market leaders, they continue to shape the Long Term Care Industry by responding to changing patient preferences and adopting innovative care models.

Strategies for Future Success: Innovation and Expansion

To remain competitive, market players must continue to innovate and expand. Investing in telemedicine, remote monitoring, and data analytics will enhance care quality and operational efficiency. Expanding into emerging markets and developing specialized care services for conditions like dementia present key growth opportunities. Partnerships with healthcare providers and government agencies can open access to new patient populations, while focusing on workforce development will be critical for addressing the global shortage of skilled caregivers. Providers that prioritize person-centered care and Home Care services are well-positioned to capture growing market segments.

Long Term Care Market Leaders

  1. Brookdale Senior Living, Inc.

  2. Extendicare, Inc.

  3. Sunrise Senior Living

  4. Atria Senior Living, Inc.

  5. Sonida Senior Living

  6. *Disclaimer: Major Players sorted in no particular order
Long Term Care Market Concentration
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Long Term Care Market News

  • August 2024: The Ontario government is channeling investments into two initiatives in York Region, aiming to broaden diagnostic services in long-term care facilities and curtail visits to hospitals and emergency rooms. The newly introduced Community Paramedicine for Long-Term Care Plus (CPLTC+) program enhances the current Community Paramedicine for Long-Term Care initiative. It empowers community paramedics to administer diagnostic services, such as bloodwork, ultrasound, and urinalysis, directly to residents in long-term care. Additionally, the government is allocating funds to long-term care facilities, ensuring they acquire the necessary equipment and training for these diagnostic services.
  • July 2024: America's long-term care (LTC) pharmacies have unveiled "Save Senior Rx Care," a campaig that emphasizes the critical need to safeguard access to essential medications and services for the millions reliant on long-term care. Through this campaign, LTC pharmacies aim to spotlight the unforeseen yet grave repercussions that emerging drug pricing policies could have on their operations and the at-risk patients they cater to.

Long Term Care Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Favorable Long Term Care Insurance Plans
    • 4.2.2 Increasing Adoption Of Long Term Care Services Among Old Population Base
    • 4.2.3 Technological Advancements In The Field Of Long-Term Care
  • 4.3 Market Restraints
    • 4.3.1 Lack Of Awareness Regarding Long Term Care Services In Developing Regions
    • 4.3.2 High-Cost Associated With The Services
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Service
    • 5.1.1 Home Healthcare
    • 5.1.2 Hospice
    • 5.1.3 Nursing Care
    • 5.1.4 Assisted Living Facilities
    • 5.1.5 Others
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Mexico
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 France
    • 5.2.2.4 Italy
    • 5.2.2.5 Spain
    • 5.2.2.6 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 China
    • 5.2.3.2 Japan
    • 5.2.3.3 India
    • 5.2.3.4 Australia
    • 5.2.3.5 South Korea
    • 5.2.3.6 Rest of Asia-Pacific
    • 5.2.4 Middle East and Africa
    • 5.2.4.1 GCC
    • 5.2.4.2 South Africa
    • 5.2.4.3 Rest of Middle East and Africa
    • 5.2.5 South America
    • 5.2.5.1 Brazil
    • 5.2.5.2 Argentina
    • 5.2.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Brookdale Senior Living, Inc.
    • 6.1.2 Sunrise Senior Living
    • 6.1.3 Atria Senior Living, Inc.
    • 6.1.4 Extendicare, Inc.
    • 6.1.5 Sonida Senior Living
    • 6.1.6 Diversicare Healthcare Services Inc.
    • 6.1.7 Health PEI (Government of Prince Edward Island)
    • 6.1.8 Genesis Healthcare Corp.
    • 6.1.9 Revera Inc.
    • 6.1.10 Home Instead, Inc.
    • 6.1.11 Amedisys, Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Long Term Care Industry Segmentation

As per the scope of the report, long-term care involves a range of care levels or settings, such as adult daycare, nursing homes, hospices, and home health care. The main role of long-term care is to help patients maintain a maximum degree of functional independence while providing continuous care, from low-intensity services to post-acute care.

The long-term care market is segmented by service and geography. By service, the market is segmented into home healthcare, hospice, nursing care, assisted living facilities, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD) for the above segments

By Service Home Healthcare
Hospice
Nursing Care
Assisted Living Facilities
Others
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Long Term Care Market Research FAQs

How big is the Global Long Term Care Market?

The Global Long Term Care Market size is expected to reach USD 1.27 trillion in 2025 and grow at a CAGR of 6.10% to reach USD 1.71 trillion by 2030.

What is the current Global Long Term Care Market size?

In 2025, the Global Long Term Care Market size is expected to reach USD 1.27 trillion.

Who are the key players in Global Long Term Care Market?

Brookdale Senior Living, Inc., Extendicare, Inc., Sunrise Senior Living, Atria Senior Living, Inc. and Sonida Senior Living are the major companies operating in the Global Long Term Care Market.

Which is the fastest growing region in Global Long Term Care Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Long Term Care Market?

In 2025, the North America accounts for the largest market share in Global Long Term Care Market.

What years does this Global Long Term Care Market cover, and what was the market size in 2024?

In 2024, the Global Long Term Care Market size was estimated at USD 1.19 trillion. The report covers the Global Long Term Care Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Long Term Care Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Long Term Care Industry Report

The long-term care industry in the Asia Pacific is witnessing robust growth, primarily driven by an aging demographic and an increase in chronic diseases such as heart disease and diabetes. This surge is further supported by foreign investments which are improving regional infrastructure, notably in India. In contrast, the North American market is propelled by stringent regulatory standards and substantial governmental investments, addressing the needs of its aging populace. Among the key sectors, home healthcare, hospice, and nursing care are experiencing significant expansion. The hospice segment, in particular, is advancing due to its cost-effectiveness and ability to offer customized care solutions. Technological innovation continues to play a critical role, enhancing service delivery and efficiency across these segments. This expansion is nurturing continuous innovation and fostering the adoption of advanced care technologies. Additionally, largest long term care companies are capitalizing on these trends by scaling operations and refining service offerings to meet evolving consumer needs. For a comprehensive understanding of market trends, challenges, and future opportunities, stakeholders can access detailed industry analyses available from sources like Mordor Intelligenceā„¢. These reports provide essential data on market size, share, and revenue growth and are readily available for deeper insight through a free report PDF download.

Long Term Care Market Report Snapshots

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Long Term Care Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)