Long-Term Care Insurance Market Growth and Prospects for Advancement 2023 to 2030 | Everything you need to know

Long-term care insurance is an insurance product that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. The report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Long-Term Care Insurance market.

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The Long-Term Care Insurance market size was valued at USD 32570 million in 2022 and is forecast to a readjusted size of USD 43190 million by 2030 with a CAGR of 4.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The industry's leading producers are Genworth, John Hancock, Aviva and Allianz, with revenues of 8.81%, 5.46%, 4.95% and 4.23% respectively in 2019. The report contains qualitative and quantitative research on the Long-Term Care Insurance market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (MandA), affiliations, collaborations, and contracts.

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Profitable players of the Long-Term Care Insurance market are:

• Genworth
• John Hancock
• Aviva
• Allianz
• Aegon
• Dai-ichi
• AXA
• China Life
• Prudential
• Generali Italia
• Unum Life
• Sumitomo Life Insurance
• Northwestern Mutual
• CPIC
• MassMutual
• Omaha Mutual
• New York Life
• LTC Financial Solutions

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Product types of the Long-Term Care Insurance industry are:

• Traditional Long Term Care Insurance
• Hybrid Long Term Care Insurance

Applications of this report are:

• Between 18 and 64
• Over 65 Years Old

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Essential regions of the Long-Term Care Insurance market are:

- Long-Term Care Insurance North America Market includes (Canada, Mexico, USA)
- Long-Term Care Insurance Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Long-Term Care Insurance Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Long-Term Care Insurance South America Market includes (Brazil, Argentina)

Global Long-Term Care Insurance Market Research FAQs

- What is the study period of this market?
- What is the growth rate of Long-Term Care Insurance Market?
- What is Long-Term Care Insurance Market size?
- Which region has highest growth rate in Long-Term Care Insurance Market?
- Which region has largest share in Long-Term Care Insurance Market?
- Who are the key players in Long-Term Care Insurance Market?

The Long-Term Care Insurance market research report contains the following TOC:
1 Report Overview
1.1 Study Scope
2 Global Growth Trends
2.1 Global Market Perspective (2017-2030)
2.2 Growth Trends by Regions
2.3 Global Industry Dynamic
3 Competition Landscape by Key Players
3.1 Global Top Players by Revenue
3.2 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Long-Term Care Insurance Revenue
4 Global Breakdown Data by Provider
4.1 Historic Market Size by Provider (2017-2023)
4.2 Forecasted Market Size by Provider (2023-2030)
5 Breakdown Data by End User
5.1 Historic Market Size by End User (2017-2023)
5.2 Forecasted Market Size by End User (2023-2030)
6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East and Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix…

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