Press release
Long-Term Care Market Set to Reach USD 1.71 Trillion by 2030 Driven by Elderly Demand and Service Expansion
Long-Term Care Market Size & Trends | Mordor Intelligence
The global long-term care market is poised to grow from an estimated USD 1.27 trillion in 2025 to USD 1.71 trillion by 2030, reflecting a steady compound annual growth rate (CAGR) of 6.1%. This expansion is primarily a response to the increasing elderly population worldwide, rising chronic disease cases, and evolving care models. North America currently holds the largest share, while the Asia-Pacific region is expected to show the fastest growth. The market includes services such as home healthcare, hospice, nursing care, assisted living, and others, offered across diverse geographies.
Report Overview: https://www.mordorintelligence.com/industry-reports/long-term-care-market?utm_source=openpr
Key Trends
1. Aging Population and Chronic Illness
By 2025, the global geriatric community will continue to grow, driving heightened demand for medical, personal, and social care. The rise in chronic conditions like diabetes, heart disease, and dementia is influencing governments and private insurers to expand long-term care services and insurance coverage.
2. Home-Based Care is on the Rise
Home healthcare services, which include skilled nursing, rehabilitation, and remote patient monitoring, are becoming more widely used. By 2025, the home healthcare segment-valued at USD 335 billion-is predicted to grow at a CAGR of 8.5%, reflecting preferences for care in the comfort of one's own home.
3. Insurance and Government Program Support
Countries like Germany and South Korea are leading the trend of publicly supported long-term care insurance. In Europe, broad coverage-from at-home help to nursing homes-has led to greater affordability and access.
4. Technology in Care Delivery
Telehealth, electronic health records (EHR), remote monitoring, and medication management tools are becoming integral to long-term care. These technologies strengthen service quality and caregiver coordination, while assistive systems (wearables, fall detectors, smart homes) help seniors maintain independence.
Market Segmentation
The long-term care market is categorized by service type and geography:
By Service Type
Home Healthcare
Hospice
Nursing Care
Assisted Living Facilities
By Geography
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Explore Our Full Library of Healthcare Industry Research Reports
https://www.mordorintelligence.com/market-analysis/healthcare?utm_source=openpr
Key Players
Major providers with global reach include
Brookdale Senior Living
Extendicare
Sunrise Senior Living
Atria Senior Living
Sonida Senior Living
Explore more about major players in the market: https://www.mordorintelligence.com/industry-reports/long-term-care-market/companies?utm_source=openpr
Conclusion
The long-term care sector is on a stable upward trend, with its reach widening to meet the needs of ageing societies, insurance expansion, and digital transformation. With global market value expected to reach USD 1.71 trillion by 2030, stakeholders-from operators and insurers to technology suppliers and governments-stand to benefit. Companies that offer integrated services, invest in care technologies, and adapt to shifting demographics are best positioned to succeed. As demand grows, so does the opportunity to improve outcomes for seniors and their families while building sustainable, scalable models of care.
Industry Related Reports
Long-term Care Software Market: The Long-Term Care Software Market report segments the industry into By Product (Electronic Health Records, E-prescribing, Clinical Decision Support Systems, and more), By Deployment (Cloud-based, On-premises Based), By End-User (Home Healthcare Agencies, Hospice Care Facilities, Nursing Homes and Assisted Living Facilities), and Geography.
Get more insights: https://www.mordorintelligence.com/industry-reports/long-term-care-software-market?utm_source=openpr
Hospital Beds Market: The Hospital Beds Market Report is Segmented by Type (Electric Medical Beds, Semi-Electric Medical Beds, and Manual Medical Beds), Usage (Longterm Care, Acute Care, and More), Application (Longterm Care and Acute Care), End User (Hospitals, Home Healthcare, Ambulatory Surgical Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
Get more insights: https://www.mordorintelligence.com/industry-reports/medical-beds-market?utm_source=openpr
Elderly Care Services Market: The Elderly Care Services Market Report is Segmented by Service Type (Home Care, Adult Care, and Institutional Care), by Sector (Public and Private), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (USD) for the Above Segments.
Get more insights: https://www.mordorintelligence.com/industry-reports/elderly-care-services-market?utm_source=openpr
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
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