Long-Term Care Market Therapeutic Survey Reviews, Analysis 2020 - Brookdale Senior Living, - Brookdale Senior Living, Sunrise Senior Living
The long-term care market and it is poised to grow by $ 0.56 tn during 2021-2025, progressing at a CAGR of over 4% during the forecast period.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Long-Term Care Market: Brookdale Senior Living, Sunrise Senior Living, Emeritus, Atria Senior Living, Extendicare, Gentiva Health Services, Senior Care Centers of America, Kindred Healthcar, and others.
Market Overview & Regional Analysis -
Long-term care involves a variety of services designed to meet a person's health or personal care needs during a short or long period of time.
The hospice care is the fastest growing market owing to the increasing incidence rates of Alzheimers and dementia and an increase in the post-hospital care.
The market for long term care is expected to boom owing to the aging baby boomers, increasing disabilities among the geriatric population, the dearth of skilled nursing staff, government funding, and increased collaborations of private insurers with various governments. The extended life expectancy has thereby increased the number of disability cases. This is expected to drive the demand for affordable long term care services for memory loss, chronic illnesses, and post-hospital healthcare.
North America dominated the market with a share of over 45.0% in 2020 owing to the high percentage of the geriatric population, greater government funding, and the implementation of a streamlined regulatory framework. Around 60% of the funding for long term care in the U.S. comes from Medicaid. Under the Affordable Care Act, a separate system called Medicare Prospective Payment System (MPPS) was started to support long term services.
Industry News -
UC Berkeley College of Engineering and Haas School of Business Launch New Professional Certification in Machine Learning and Artificial Intelligence in Collaboration with Emeritus
February 14, 2022 - ML and AI are transforming industries and everyday life in countries across the globe. To help meet the exploding demand for technical professionals with the specialized skills to develop future ML and AI innovations, UC Berkeley's College of Engineering, Haas School of Business, Berkeley Executive Education and Berkeley Engineering Executive and Professional Education have joined forces to create the Professional Certification in Machine Learning and Artificial Intelligence online program, launching on March 2, 2022.
Developed in collaboration with Emeritus, this six-month program leverages the advanced technical expertise of UC Berkeley College of Engineering and ML/AI business application insights from Berkeley Haas. It is led by two members of the esteemed UC Berkeley faculty, Gabriel Gomes and Joshua Hug, and features guest speakers who have successfully deployed ML/AI technologies.
Global Long-Term Care Market Split By Product Type and Applications:
This report segments the global Long-Term Care Market based on Types are:
Assisted Living Facilities
Based on Application, the Global Long-Term Care Market is segmented into:
Regional Analysis For Long-Term Care Market:
For the comprehensive understanding of market dynamics, the global Long-Term Care Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
Important Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Long-Term Care Market.
- Changing market dynamics of the Long-Term Care Market industry.
- In-depth segmentation of Long-Term Care Market by Type, Application etc.
- Historical, current and projected market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of Long-Term Care Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.
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