Press release
Long Term Care Insurance Market With Top Players like State Farm, GoldenCare, Sun Life Financial, ACSIA Partners, Humana Inc, Allstate, MassMutual, Anthem, LTCRplus, NerdWallet
Increasing aging and life expectancy will continue to support the long term care insurance market growth during the forecast period. Individuals who require long-term care are generally not sick but are unable to perform two of the six daily living activities such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking. About 70% of individuals over 65 will require at least some type of long-term care services during their lifetime. About 40% of those receiving long-term care today are between age group of 18 and 64. Long-term care insurance can cover home care, assisted living, adult daycare, respite care, hospice care, nursing home, Alzheimer's facilities, and home modification to accommodate disabilities.An off-the-shelf report on Long Term Care Insurance Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
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The key players influencing the market are:
State Farm
GoldenCare
Sun Life Financial
ACSIA Partners
Humana Inc
Allstate
MassMutual
Anthem
LTCRplus
NerdWallet
This report contains:
• Market sizing for the global Long Term Care Insurance Market.
• Compare major Long Term Care Insurance Market providers strategies and approaches to the challenges they face
• Analysis of the effects deglobalisation trends may have for Long Term Care Insurance Market providers
• Profiles of major Long Term Care Insurance Market providers
• 7-year CAGR forecasts for Long Term Care Insurance Market -intensive vertical sectors
Long Term Care Insurance Market- Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
The Long-Term Care Insurance market analysis to 2027 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Long-Term Care Insurance market with detailed market segmentation by product and age group. The Long-Term Care Insurance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Long-Term Care Insurance market and offers key trends and opportunities in the market.
Long Term Care Insurance Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Key Benefits
This report provides a detailed study of Long Term Care Insurance Market trends and forecast from 2020 to 2027, which assist to identify the prevailing market opportunities.
In-depth coverage of the global Long Term Care Insurance market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
This study further includes market analysis in terms of type and applications.
Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Long Term Care Insurance Market is provided.
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Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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