Europe Long-Term Care Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

The Europe long-term care market is estimated to record a solid CAGR of 7.5% during the forecast period (2021-2027). The rising awareness of long-term care as an effective treatment option for many diseases, coupled with improved healthcare infrastructure and various favorable guidelines are driving the growth of the long-term care market in the region. The UK, France, Germany, Italy, Spain, and the Netherlands, are the major revenue generators in the region. There have been notable imbalances and shortages of HCPs in almost every state of the European Union (EU) member state. According to the WHO, even around 10% of growth in the healthcare workforce during the last ten years is also not enough to meet the rising healthcare needs. In such a scenario, long-term health can significantly improve access to healthcare and the quality of medical services for the people in the region, widening geographical coverage with virtual consultations, with a comparatively smaller number of healthcare facility locations.

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Further, Germany is projected to be the largest European market for long-term care. The rising geriatric population and government initiatives are the major factors driving the growth of the German market. As per the data published by the World Bank in 2019, 21.6% of the total population was aged 65 years and above, and the number is expected to increase in the coming years. In 2015-2017, the German government comprehensively modernized its Long-term Care Insurance (LTCI) by implementing three so-called ‘Long-term Care Strengthening Acts’, which triggered an increased LTCI spending of more than €5 billion (~$5.6 billion) (+20%) per year.

Market Coverage

Market number available for – 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered- by Service Type and Point of Care
Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
Key questions addressed by the report

What is the market growth rate?

Which segment and region dominates the market in base year?

Which segment and region will project fastest growth in the market?

How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
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Global Long-Term Care Market Report Segment

By Type

Medical Services

In-House Therapy
Skilled Nursing
Others
Assisted Living Services

By Point of Care

Homecare
Hospitals (Rehabilitation Center)
Europe Long-Term Care Market Report Segment

UK
Germany
France
Italy
Spain
Rest of Europe

Company Profiles

Atria Senior Living, Inc.
Abri Health Care Services Llc
Amedisys, Inc.
Brookdale Senior Living Inc.
Capital Senior Living Corp.
Diversicare Healthcare Services Inc.
Extendicare Inc.
Genesis Healthcare LLC
Golden Living Centers
Home Instead, Inc.
Kindred Healthcare, LLC
Lhc Group, Inc.
Lincare Holdings Inc.
Life Care Centers of America, Inc.
Promedica Health System, Inc.
Sunrise Senior Living, LLC
Savaseniorcare Administrative Services LLC
Signature Healthcare
The Ensign Group, Inc.
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