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Global Long Term Care Market will hit at a CAGR of 6.2% from 2019 to 2025
Global Long Term Care Market 2019 - 2025(PresseBox) ( Pune, )
Global Long Term Care Market Overview:
The Global Long Term Care Market valued approximately USD 810 Billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2018-2025.
The Long Term Care (LTC) service contains a variety of services provided by nursing homes, day care centres, home health agencies and from family or friends. Long term care service comprises a broad range of personal care, healthcare and supportive care services. It is required for geriatrics people and adult who are unable to take self-care due to injury, cognitive or mental disability and chronic illness. Long term care service provides support to people in regain quality of life and in improving an optimal level of physical functioning of life.
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According to the market report analysis, rising aging population and increasing incidence of chronic diseases, growing consciousness among people regarding the numerous home healthcare facilities and increasing medical coverage for home healthcare are the substantial driving factors of the market across the globe. Moreover, government funding, scarcity of skilled nursing staff, and increased collaborations of private insurers with the government are some factors likely to create lucrative opportunities in the market over the upcoming years. However, high cost associated with long term care and unwillingness of the traditional long term care providers to adopt new software are the factors that limiting the market growth during the forecast period.
The Global Long Term Care Market is segmented based on the Type, Application and Region. On the basis of Type, the Global Long Term Care Market is classified into Home Healthcare, Hospice, Nursing Care, Assisted Ling Facilities and others. Based on the Application, the Global Long Term Care Market is sub-segmented into Hospital, Nursing Home, Clinic and others.
In terms of the geographic analysis, North America is the significant region across the world in terms of market share due to rising ageing population and favorable government support in the region. Further, Europe is estimated to grow at higher rate in the Global Long Term Care Market over the upcoming years due to increasing infrastructural development in healthcare. Asia-Pacific is also anticipated to exhibit higher growth rate over the forecast period 2018-2025 owing to string economic growth and increasing disposable income in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Major Key Players:
1 Brookdale Senior Living
2 Sunrise Senior Living
4 Atria Senior Living
6 Gentiva Health Services
7 Senior Care Centres of America
8 Kindred Healthcare and More……………
Market segment by Regions/Countries, this report covers
1 North America
3 Asia Pacific
4 Latin America
5 Rest of the World
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Long Term Care Market.
Major Points in Table of Contents:
Global Long Term Care Market Report 2019
1 Executive Summary
2 Long Term Care Market Definition and Scope
3 Long Term Care Market Dynamics
4 Long Term Care Market Industry Analysis
5 Long Term Care Market, by Type
6 Long Term Care Market, by Application
7 Long Term Care Market, by Regional Analysis
8 Competitive Intelligence
9 Research Process
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