Long term care is used in various services like home health, hospices, adult day care and nursing home, whereas this services are specially designed to meet consumers long term and short term requirement for health and personal care. These services are used by those people who have chronic illness, injury, disability or the aging process and that people who cannot perform daily events effectively. The various services of long term care (LTC) helps both medical and non-medical needs of the people who can care for themselves for long period of time. These long term care focuses on individual and maximize patient’s quality of life, promote independence. The demand for long term care is rising due to transitions in care settings and needs.
Long Term Care Market: Key Players
The research study includes profiles of leading companies operating in the global long term care market. Key players profiled in the report include: Brookdale, Kindred Healthcare Inc., Home Instead Senior Care Inc., Extendicare Inc., Capital Senior Living, Genesis Healthcare Corp., Sunrise Carlisle LP, Amedisys Inc., Diversicare Healthcare Services Inc. and Atria Senior Living Group.
Drivers for the Global Long Term Care Market:
Continuous advancements in the medical technology have allowed consumers to securely diagnose and treat elderly population which is also considered as a major factor for driving the growth of the global long term care market. Along with this, presence of large number of facilities that are offering nursing care to the aging population is another factor that is enhancing the growth of the global long term care market. Additionally, in-house monitoring to track the patient’s movements also enhances the overall market growth.
Opportunities for the Global Long Term Care Market:
Increasing aging population and extended life expectancy requires more of medical care services that will continue to boost the growth of the global long term care market during the forecast period. Along with this, rise in adoption of medical policies by the government of the various developing and developed nations that will help to prolong the lifespan of aging populations is also another factor that will boost the growth of the global long term care market in the forecast period.
Restrains for the Global Long Term Care Market:
Many of the medical organizations are using advanced technological equipment that are required for long term care and they lack in skilled professionals and expertise which is one of the major factor that is hampering the growth of the global long term care market. Along with this, high service cost associated with long term care services is another factor that is hindering the growth of the global long term care market.
Region Wise, Global Long Term Care Market Analysis:
On the basis of region, the AIOps market is segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America held the largest share in the market because of the rise in occurrence of severe diseases among the geriatric population, presence of private and public insurance plans for long term care services and well-established healthcare infrastructure. Asia Pacific is also having maximum share in the market followed by the European countries.
Global Long Term Care Market: Product analysis
- Community Based Services
- Facility Based Care Services
Global Long Term Care Market: Application analysis
- Home Healthcare
- Nursing Care
- Assisted Living Facilities
Global Long Term Care Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
Proficient Market is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market. Our happiness is when we help our clients grow their business, strengthen the brands and educate their members or consumers through the ever new fun research methods developed by our team.
1st Floor, Harikrishna Building,
Samarth Nagar, New Sanghvi,
Pune- 411027 India
Tel: +91-8149441100 (GMT Office Hours)
Email: [email protected]