Long-term Care (LTC) Market Size 2026-2030
The long-term care (ltc) market size is valued to increase by USD 461.1 billion, at a CAGR of 3.5% from 2025 to 2030. Growing demand for long-term care from aging population will drive the long-term care (ltc) market.
Major Market Trends & Insights
- North America dominated the market and accounted for a 35% growth during the forecast period.
- By Type - Government segment was valued at USD 1205 billion in 2024
- By Application - Nursing care segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities: USD 771.4 billion
- Market Future Opportunities: USD 461.1 billion
- CAGR from 2025 to 2030 : 3.5%
Market Summary
- The long-term care (LTC) market is undergoing a significant transformation, driven by demographic shifts and the increasing prevalence of chronic conditions. A primary driver is the global aging population, which necessitates a broader spectrum of services beyond traditional facility-based models. Consequently, there is a prominent trend towards home healthcare services and aging-in-place solutions, enabled by technological advancements.
- Innovations such as telehealth platforms, remote patient monitoring, and integrated electronic health records (EHRs) are enhancing care coordination and improving patient outcomes. However, the industry faces considerable challenges, most notably a critical shortage of skilled nursing staff and caregivers, which puts pressure on service quality and operational capacity.
- For instance, a forward-thinking assisted living provider could implement a comprehensive patient data management system that integrates with wearable devices. This allows for real-time tracking of vitals and activity levels, enabling proactive interventions and personalized care plans.
- This not only improves patient safety but also optimizes staffing allocation, addressing workforce shortages by focusing skilled personnel on high-need residents, thereby enhancing overall operational efficiency without compromising care standards.
What will be the Size of the Long-term Care (LTC) Market during the forecast period?
Get Key Insights on Market Forecast (PDF) Request Free Sample
How is the Long-term Care (LTC) Market Segmented?
The long-term care (ltc) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Type
- Government
- Public and private
- Out of the pocket
- Private insurance
- Application
- Nursing care
- Home healthcare
- Hospice
- Gender
- Male
- Female
- Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- APAC
- China
- Japan
- India
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of World (ROW)
- North America
By Type Insights
The government segment is estimated to witness significant growth during the forecast period.
Government entities are pivotal in shaping the long-term care market, establishing policy frameworks, funding mechanisms, and service delivery models.
Public authorities allocate substantial resources to fortify institutional care systems and expand community-based programs, including skilled nursing care and home healthcare services, to meet the needs of aging populations.
Publicly funded care, which accounts for over 60% of total expenditure in many established health systems, directly influences the adoption of advanced care protocols.
Regulatory bodies enforce stringent standards for patient safety guidelines and regulatory compliance in LTC, promoting transparency and accountability.
These government-led initiatives in geriatric care management and behavioral health programs create a structured environment for both providers and recipients, ensuring equitable access and quality across the care continuum.
The Government segment was valued at USD 1205 billion in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 35% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Long-term Care (LTC) Market Demand is Rising in North America Request Free Sample
The geographic landscape of the long-term care market is characterized by a contrast between mature and emerging regions.
North America and Europe represent established markets with sophisticated healthcare infrastructure, where the focus is on optimizing existing systems through integrated care systems and advance care planning.
North America alone is responsible for approximately 35% of the market's incremental growth, driven by high adoption rates of formal care.
Conversely, the APAC region is the fastest-growing market, propelled by rapid urbanization, rising disposable incomes, and significant healthcare infrastructure investment.
In these developing markets, there is a foundational push for establishing caregiver training programs, social determinants of health frameworks, and the infrastructure for essential services like palliative care and respite care.
The adoption of elder abuse prevention protocols and quality assurance in nursing homes is a universal priority, though implementation maturity varies significantly.
Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
- Navigating the complexities of the long-term care sector requires a deep understanding of its financial and operational frameworks. A critical debate involves comparing public and private ltc funding models, as this choice directly influences service accessibility and quality. The role of telehealth in managing chronic conditions has become undeniable, offering a scalable solution to extend care reach.
- However, its effectiveness is often linked to the successful implementation of ehrs to improve care coordination. The industry also grapples with the impact of staffing shortages on care quality, a challenge that necessitates improved training requirements for certified nursing assistants and exploring the benefits of intergenerational care programs.
- From an operational standpoint, developing strategies for preventing infections in ltc settings is paramount for resident safety. Facilities are also adopting best practices for person-centered dementia care and integrating mental health services in senior living. The challenges of rural long-term care delivery are being addressed through innovative service models and technology.
- Providers that excel often implement clear nutritional guidelines for geriatric patients and robust programs for preventing falls in elderly residential care, with some reporting resident satisfaction scores that are nearly double those of facilities without such structured protocols. This involves managing polypharmacy in long-term care and understanding ethical considerations in end-of-life care.
- Adherence to regulatory standards for assisted living facilities is non-negotiable, and the role of social workers in ltc facilities is expanding to address the impact of family involvement on resident outcomes. Ultimately, financial planning for long-term care needs remains a crucial conversation for individuals and families.
What are the key market drivers leading to the rise in the adoption of Long-term Care (LTC) Industry?
- The growing demand for long-term care services, driven by the aging global population, is a primary factor propelling market growth.
- Market growth is primarily propelled by the demographic shift of a growing aging population, which heightens the need for comprehensive chronic condition management and activities of daily living (ADLs) support.
- This has led to an increase in healthcare budgets by governments, with a focus on both publicly funded care and public-private partnerships in LTC.
- These investments are expanding access to a range of services from skilled nursing care to home healthcare services. A critical driver is the growing demand to prevent infections and ensure patient safety.
- The implementation of standardized infection control protocols has resulted in a verifiable 25% reduction in facility-acquired infections in some long-term care settings.
- This focus on quality and safety, combined with greater financial support through mechanisms like long-term care insurance and private pay services, is expanding the capacity and quality of the entire care ecosystem.
What are the market trends shaping the Long-term Care (LTC) Industry?
- The expansion and growth across various healthcare domains are emerging as a significant market trend. This development is reshaping service delivery and creating new opportunities within the industry.
- Key trends shaping the long-term care landscape are centered on technological integration and the expansion of service delivery channels. A significant development is the increasing demand for solutions through online platforms, which enhances accessibility and consumer choice. The adoption of mHealth applications for services like ambulatory care has been shown to increase patient engagement by up to 30%.
- Technological advances in long-term care, including smart home technology for seniors and communication devices, are enabling more effective remote patient monitoring and care coordination platforms. Facilities implementing smart alarm integration techniques report up to a 50% faster response time to emergencies.
- This digital shift facilitates the growth of specialized services like in-home personal care and chronic condition management, aligning with the broader move toward patient-centric and technology-enabled care models.
What challenges does the Long-term Care (LTC) Industry face during its growth?
- A significant challenge affecting industry growth is the persistent lack of skilled nursing staff available for long-term care.
- The market's expansion is constrained by significant operational and structural challenges. A primary restraint is the lack of skilled nursing staff, which contributes to a workforce turnover rate that is up to 45% higher than in acute care settings, compromising the quality of hospice care and other specialized services.
- This shortage is exacerbated by poor infrastructure in many older assisted living facilities, where outdated designs can increase operational costs by an average of 15% due to inefficiencies in delivering both occupational therapy and physical therapy. Furthermore, fraud associated with long-term care, particularly in billing for private pay services, erodes trust and strains financial resources.
- Addressing these issues through workforce development in healthcare and infrastructure modernization is critical for sustainable growth and ensuring effective geriatric assessment tools are properly utilized.
Exclusive Technavio Analysis on Customer Landscape
The long-term care (ltc) market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the long-term care (ltc) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Long-term Care (LTC) Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, long-term care (ltc) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Amedisys Inc. - Offerings encompass a range of specialized services, including assisted living, memory care, and skilled nursing, designed to meet diverse and complex patient needs.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Amedisys Inc.
- Brookdale Senior Living Inc.
- CareOne Management LLC
- Cogir Senior Living
- DIVERSICARE
- Extendicare Canada Inc
- FCP Live In
- Genesis Healthcare Inc.
- Honor Technology Inc.
- Illumifin Corp.
- Kindred Health Holdings LLC
- Life Care Centers of America
- Revera Inc.
- Sonida Senior Living Inc.
- Sunrise Senior Living LLC
- Wickshire Senior Living
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Long-term care (ltc) market
- In April 2025, Genesis Healthcare Inc. announced a strategic partnership with a leading health tech firm to deploy an AI-powered remote patient monitoring platform across its skilled nursing facilities, aiming to reduce hospital readmissions by 20% (Source: Company Press Release).
- In January 2025, Brookdale Senior Living Inc. completed the acquisition of a regional portfolio of 15 assisted living communities in the southwestern US, expanding its capacity by approximately 1,200 units (Source: Reuters).
- In November 2024, Amedisys Inc. launched a new specialized palliative care program designed to integrate seamlessly with its existing home health and hospice services for patients with complex chronic conditions (Source: Amedisys Q4 Earnings Call).
- In September 2024, The Centers for Medicare & Medicaid Services (CMS) proposed a new value-based purchasing model for nursing homes, introducing quality metrics tied directly to staffing levels and patient outcomes (Source: Federal Register).
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Long-term Care (LTC) Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 295 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 3.5% |
| Market growth 2026-2030 | USD 461.1 billion |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 3.3% |
| Key countries | US, Canada, Mexico, Germany, UK, France, Italy, Spain, The Netherlands, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa, Turkey and Israel |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
- The long-term care market is defined by a critical need to balance escalating demand with operational realities. Central to this is the management of chronic conditions through a spectrum of services, including skilled nursing care, home healthcare services, and hospice care within settings like assisted living facilities and continuing care retirement communities (CCRCs).
- A significant trend influencing boardroom strategy is the integration of technology to mitigate workforce shortages. Investment in telehealth platforms and remote patient monitoring is becoming a non-negotiable strategy for delivering efficient care. For example, the deployment of advanced medication management systems has been shown to reduce adverse drug events by over 40%, directly impacting patient safety guidelines and operational costs.
- The provision of memory care, palliative care, and rehabilitation services, which include occupational therapy, physical therapy, and speech therapy, is increasingly reliant on robust patient data management through electronic health records (EHRs) and mobile health records (MHRs). This digitalization supports person-centered care models, improves chronic condition management, and enhances care coordination from post-acute care to end-of-life care.
- Effective geriatric care management now integrates behavioral health programs, nutritional support services, and wound care services, supported by caregiver support services and social support services within integrated care systems focused on ambulatory care and in-home personal care.
What are the Key Data Covered in this Long-term Care (LTC) Market Research and Growth Report?
-
What is the expected growth of the Long-term Care (LTC) Market between 2026 and 2030?
-
USD 461.1 billion, at a CAGR of 3.5%
-
-
What segmentation does the market report cover?
-
The report is segmented by Type (Government, Public and private, Out of the pocket, and Private insurance), Application (Nursing care, Home healthcare, and Hospice), Gender (Male, and Female) and Geography (North America, Europe, APAC, South America, Middle East and Africa)
-
-
Which regions are analyzed in the report?
-
North America, Europe, APAC, South America and Middle East and Africa
-
-
What are the key growth drivers and market challenges?
-
Growing demand for long-term care from aging population, Lack of skilled nursing staff for long-term care
-
-
Who are the major players in the Long-term Care (LTC) Market?
-
Amedisys Inc., Brookdale Senior Living Inc., CareOne Management LLC, Cogir Senior Living, DIVERSICARE, Extendicare Canada Inc, FCP Live In, Genesis Healthcare Inc., Honor Technology Inc., Illumifin Corp., Kindred Health Holdings LLC, Life Care Centers of America, Revera Inc., Sonida Senior Living Inc., Sunrise Senior Living LLC and Wickshire Senior Living
-
Market Research Insights
- The market's dynamics are shaped by the interplay between evolving funding mechanisms and consumer preferences. The shift towards value-based care models is compelling providers to focus on measurable outcomes, with early adopters reporting up to a 15% improvement in patient wellness metrics compared to traditional fee-for-service structures.
- Concurrently, the rise of consumer-directed care empowers individuals to select services that best fit their needs, fostering competition and innovation. The implementation of sophisticated care coordination platforms is proving critical, reducing administrative errors by over 25% in integrated systems.
- Furthermore, public-private partnerships in LTC are becoming essential for healthcare infrastructure investment, bridging gaps in service accessibility and promoting the development of dementia-friendly environments and other specialized facilities.
We can help! Our analysts can customize this long-term care (ltc) market research report to meet your requirements.