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Know the current trend about Long-Term Care Insurance Market– Top Companies: Allianz SE, Cigna Corporation, AXA, Aviva, Aetna, AIA Insurance Group, Zurich Insurance Group, and Apollo Munich Long-Term Care Insurance, International Medical Group

02-12-2019 04:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Consultant

long-term care insurance market

long-term care insurance market

Long-term care (LTC) insurance is attention that brings nursing-home care, home-health care, private or adult day care for persons above the age of 65 or with a chronic or disabling condition that needs constant supervision. LTC cover offers more suppleness and options than many public help programs. The long-term care market is expected to boom owing to the aging baby boomers, the dearth of accomplished nursing staff, government funding, and increased partnerships of private underwriters with the administration.

The global long-term care insurance market size was valued at USD 718 billion in 2019 and is expected to grow at a CAGR of about +10% over the forecast period. The analysts believe that in the next few years, Long-Term Care Insurance market size will be further expanded, we expect that by 2025, The market size of the Long-Term Care Insurance will reach 118600 million $.The report also presents detailed data about the production of Long-term-care Insurance according to a region-wise segmentation.

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Key players:
Brookdale Senior Living, Inc., Sunrise Senior Living, Inc., Emeritus Corporation, Atria Senior Living Group, Extendicare, Inc., Gentiva Health Services, Inc., Senior Care Centers of America, Kindred Healthcare, Inc.

Various factors are responsible behind the market’s growth trail, which are studied at length in the report. It will pay for a visiting or live-in caregiver, friend, housekeeper, counselor or private duty nurse up to seven days a week, 24 hours a day up to the policy benefit maximum. Many experts suggest shopping between the ages of 45 and 55 as part of an overall superannuation plan to protect assets from the high costs and loads of lengthy health care.

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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The report also studies how these factors will have an impact on the market over the report's forecast period. The report gives the reader an overview of the marketing channels in the global Long-term-care Insurance market and includes details about the distributors and traders of Long-term-care Insurance.

The study objectives of this report are:
• To analyze and study the global Long-term-care Insurance capacity, production, value, consumption, status forecast (2019-2025);
• Focuses on the key Long-term-care Insurance manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.

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Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.

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