Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description The Global Long Term Care Market was sized near USD X.X billion in 2016. The global longterm care market is projected to grow with a CAGR of 6.5 % during 2017-2023. Long-term care is variety a service which help the disable and chronic patient to meet their medical and non-medical needs for long periods of time. Theseservice engrossed coordinated services on individual helps to maximize patients’ quality of life, and meet patients’ needs over a period of time. The personal care such as bathing, dressing, and feeding are common in LTC. This report estimates the market size of long term care market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for long term care market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global long term care market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of long term care market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of long term care market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global long term care market that will impact the © Infinium Global Research
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. Segmentation and Research Scope LONG TERM CARE MARKET SEGMENTATION
LONG TERM CARE MARKET
Region
Service Home Healthcare Hospice Nursing Care Assisted Living Facilities
North America Europe Asia Pacific RoW
The report on global long term care market covers segments such as Service. The Service segments include home healthcare, hospice, nursing care and assisted living facilities. Research Methodology Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary © Infinium Global Research
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
sources followed by primary research. With these research methods we were able to estimate the market size of the long term care market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Market Share of Key Players
Key Market Players
Arriving at Regional/Country Market Size
Accumulation of the country level market size (value) Regional market size of long term care and its service
Segment revenue of the key players Country level market size by service (value)
Identifying key players in the long term care market
Accumulation of the regional/country market size (value) Global market size of service
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Determine the Regional Market Size Country Level Market Sizing
Global market size of long term care market Value for 2016 to 2023
% breakdown by market segments by service Value for 2016 and 2023
Regional market size of the long term care market (value) Regional market size of service
Country level market size of the long term care market in every region (value) Country level market size of service in every region
TOP-DOWN APPROACH
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global long term care market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global long term care market. The estimates in the global long term Caremarket are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of long term care market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the devices and category. IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of end-use industries Intermediaries
C-level executives in the leading manufacturing products of long term care. Product managers Sales managers Industry consultants Distributors/Suppliers
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Industry Publications Government Agencies' Publications Industry news Data sources
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The market size of long term care is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the long term care market. The primary interview participants typically includes managers and CXO level executives of theleading players in this market. The primary interviews not only help identify the market size of the long term care market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the long term care market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of long term care. With the help of primary interviews and secondary research the market size of long term care is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of long term care in the world market. Executive Summary Global Long Term Care Market Highlights, (USD Million) The global long term care market is expected to grow at a CAGR of 6.5 % between 2017 and 2023 in terms of value. Continued growth of the number of CF patients worldwide. Longterm care is variety a service which help the disable and chronic patient to meet their medical and non-medical needs for long periods of time.These service engrossed coordinated services on individual helps to maximize patients’ quality of life, and meet patients’ needs over a period of time.The personal care such as bathing, dressing, and feeding are common in LTC.Rising geriatric population has been associated with a large number of diseases and disorders. These often become worse as elderly individuals take more time to recover. A majority of the geriatric population suffers from obesity, bladder dysfunction, kidney failure, chronic diseases and other disorders that need personal care Š Infinium Global Research
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
for long period of this.In Addition, the impact on the growth of overall healthcare costis likely to boost the growth of the market.The increase in investment by the government and healthcare companies to develop healthcare facilities in developing countries is likely to impact on the market, as availability and accessibility of the long-term care services are likely to grow with the expansion of healthcare facilities in developing countries. The leading players in the global long term care market include Home Instead Senior Care, Inc., Genesis Healthcare Corp., Kindred Healthcare, Inc., Senior Care Centers of America, Gentiva Health Services, Inc., Extendicare, Inc., Atria Senior Living Group, Emeritus Corporation, Sunrise Senior Living, Inc. and Brook dale Senior Living, Inc.. GLOBAL LONG TERM CARE MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Long term care market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to rising number of genera tic population and incidences of chronic diseases. The global market size of long term care in terms of value was USD x.x million in 2015.
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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GLOBAL LONG TERM CARE MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
xxx.x xxx.x
2017
2023
xxx.x
xxx.x xxx.x
xxx.x
2017
2023
2017
2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023. © Infinium Global Research
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global long term care market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the long term care market. Drivers refer to the factors that are expected to drive or boost the market size or demand for long term care. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of long term care market both in short run and long run. DRIVERS OF LONG TERM CARE MARKET, IMPACT ANALYSIS DRIVERS
SHORT TERM IMPACT
MID TERM IMPACT
LONG TERM IMPACT
SHORT TERM IMPACT
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS Restraint 1
Restraint 2
HIGH
MEDIUM
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Porter’s Five Forces Analysis Porter’s five forces analysis provides insights into the competitiveness of the industry using five main factors, known as forces, such as bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrant, and industry rivalry. These five forces determine how much competition subsists in a market and accordingly the profitability and attractiveness of this market for a company. An attractive industry will be the one where combined power of the competitive forces will increase profitability in the industry. IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the Service segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new Service developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size © Infinium Global Research
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
High North America
Europe
Asia-Pacific
RoW
GLOBAL LONG TERM CARE MARKET BY SERVICE, 2016 - 2023 (REVENUE % SHARE) 2016
2023
Home Healthcare
Hospice
Nursing Care
Assisted Living Facilities
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL LONG TERM CARE MARKET BY SERVICE, 2015 - 2023 (USD MILLION)
2015
2016
2017
Home Healthcare
Hospice
Nursing Care
2023
Assisted Living Facilities
GLOBALHOME HEALTHCARE BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBALHOSPICE BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL NURSING CARE BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL ASSISTED LIVING FACILITIES BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL LONG TERM CARE MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Company Profiling Home Instead Senior Care, Inc. Company Snapshot
Home Instead Senior Care, Inc. CONTACT DETAILS: Address: Home Instead Senior Care 13323 California St. Omaha NE 68154 Tele: 402-498-4466 Website: www.homeinstead.com
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS Sample text Sample text
OPPORTUNITIES Sample text Sample text
WEAKNESS Sample text Sample text
THREATS Sample text Sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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Long Term Care Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Browse Detailed Description and Company Mentioned in this Report @https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-longterm-care-market
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