"Executive Summary Nursing Homes and Long-Term Care Facilities Market: Share, Size & Strategic Insights

The global nursing homes and long-term care facilities market was valued at USD 1.19 billion in 2024 and is expected to reach USD 2.37 billion by 2032. During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 9.00%, primarily driven by rising demand for elderly care and chronic disease management. This growth is supported by factors such as the aging global population, increasing incidence of chronic conditions like Alzheimer's and diabetes, and government initiatives to improve senior healthcare infrastructure. Additionally, advancements in remote patient monitoring, digital health solutions, and integrated care models are reshaping the long-term care landscape and enhancing patient outcomes

Nursing Homes and Long-Term Care Facilities Market report is structured with the best and advanced tools of collecting, recording, estimating and analysing market data. The insights made available in this market report are based upon SWOT analysis on which businesses can rely confidently. The report provides steadfast knowledge and information of transforming market landscape, what already exists in the market, future trends or what the market expects, the competitive environment, and strategies to plan to surpass the competitors. Nursing Homes and Long-Term Care Facilities Market report helps characterize commerce strategies to the businesses of small, medium as well as large size.

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Nursing Homes and Long-Term Care Facilities Industry Statistics Overview

**Segments**

- By Type (Nursing Care, Home Healthcare, Assisted Living, Hospice Care)
- By Offering (Medical Care, Nursing Care, Food, Housekeeping)
- By Application (Old People, Disabled, Patients)

The global nursing homes and long-term care facilities market is segmented based on type, offering, and application. In terms of type, the market is categorized into nursing care, home healthcare, assisted living, and hospice care. Nursing care holds a significant share in the market due to the growing elderly population and the increasing prevalence of chronic diseases. The offering segment includes medical care, nursing care, food, and housekeeping services. Medical care services dominate the market as they are crucial for the well-being and treatment of residents in nursing homes. In terms of application, the market caters to the needs of old people, disabled individuals, and patients requiring long-term care and support.

**Market Players**

- Brookdale Senior Living Inc.
- Extendicare
- Genesis HealthCare
- Kindred Healthcare, LLC
- Sunrise Senior Living
- Benesse Style Care Co., Ltd.
- Encompass Health Corporation
- Amedisys
- Senior Care Centers of America
- Carewell Health

There are several key players in the global nursing homes and long-term care facilities market that play a pivotal role in shaping the industry landscape. Companies such as Brookdale Senior Living Inc., Extendicare, Genesis HealthCare, Kindred Healthcare, LLC, and Sunrise Senior Living are among the prominent players in the market. These organizations offer a wide range of services and facilities to cater to the diverse needs of residents requiring long-term care. Additionally, companies like Benesse Style Care Co., Ltd., Encompass Health Corporation, Amedisys, Senior Care Centers of America, and Carewell Health are also significant players in the market, contributing to the growth and development of the nursing homes and long-term care facilities sector.

The global nursing homes and long-term care facilities market is experiencing substantial growth driven by various factors such as the aging population, increasing prevalence of chronic diseases, and rising demand for specialized care services. One of the key trends shaping the market is the shift towards home healthcare services, as it offers personalized care in the comfort of the individual's own residence. This trend is influenced by advancements in technology that enable remote monitoring, telemedicine consultations, and the delivery of medical supplies to patients' homes. Additionally, the integration of digital health platforms and wearable devices in long-term care facilities is streamlining communication between caregivers and residents, improving healthcare outcomes, and enhancing operational efficiency.

Another significant factor influencing the market is the emphasis on providing holistic care services that focus on the overall well-being of residents. Nursing homes and long-term care facilities are expanding their offerings to include not only medical care but also recreational activities, mental health support, and nutritional services. This shift towards a more comprehensive care model is driven by the recognition of the importance of social engagement, mental stimulation, and healthy living habits in promoting overall wellness among residents. As a result, market players are investing in staff training, facility upgrades, and program development to meet the evolving needs of the aging population and individuals requiring long-term care.

Furthermore, the growing awareness of the importance of end-of-life care and hospice services is influencing the market dynamics, with an increasing number of nursing homes and long-term care facilities incorporating specialized care programs for terminally ill patients. Hospice care focuses on providing comfort, dignity, and emotional support to individuals nearing the end of their lives, emphasizing pain management, symptom control, and emotional well-being. As the demand for quality hospice services continues to rise, market players are expanding their service offerings, partnering with palliative care providers, and enhancing staff training to deliver compassionate and personalized end-of-life care.

In conclusion, the global nursing homes and long-term care facilities market is witnessing transformative changes driven by evolving consumer preferences, technological advancements, and changing regulatory landscapes. Market players are adapting their strategies, expanding their service portfolios, and embracing innovation to meet the growing demand for high-quality, person-centered care services. Moving forward, collaboration among industry stakeholders, investment in digital health solutions, and a focus on delivering holistic care will be essential in navigating the evolving landscape of the nursing homes and long-term care facilities market.The global nursing homes and long-term care facilities market is undergoing a significant transformation driven by shifting consumer preferences, technological advancements, and regulatory changes. One of the key emerging trends in the market is the increasing focus on personalized and holistic care services. Nursing homes and long-term care facilities are expanding their offerings beyond just medical care to include recreational activities, mental health support, and nutritional services. This shift towards a comprehensive care model underscores the recognition of the importance of addressing the overall well-being of residents, including their social, mental, and physical health needs.

Moreover, there is a notable uptick in the adoption of home healthcare services within the market. The trend towards home healthcare is propelled by advancements in technology, allowing for remote monitoring, telemedicine consultations, and the delivery of medical supplies directly to patients' homes. This shift not only enhances the comfort and convenience for individuals receiving care but also contributes to cost-effectiveness and improved healthcare outcomes. The integration of digital health platforms and wearable devices in long-term care facilities is further streamlining communication between caregivers and residents, ultimately enhancing the quality of care provided.

Another crucial aspect influencing the market is the growing emphasis on end-of-life care and hospice services. As the demand for quality hospice care continues to rise, nursing homes and long-term care facilities are increasingly incorporating specialized programs for terminally ill patients. Hospice care focuses on providing comfort, dignity, and emotional support to individuals nearing the end of their lives, highlighting the importance of pain management, symptom control, and psychological well-being. Market players are responding to this demand by expanding their service offerings, partnering with palliative care providers, and investing in staff training to deliver compassionate and personalized end-of-life care services.

Overall, the global nursing homes and long-term care facilities market is poised for continued growth and evolution. Market players are adapting their strategies to align with changing consumer needs and preferences, leveraging technology to enhance care delivery, and expanding their service portfolios to offer comprehensive and person-centered care. Collaboration among industry stakeholders, investment in digital health solutions, and a focus on delivering holistic care will be key drivers shaping the future of the market. As the market continues to evolve, opportunities for innovation and differentiation will arise, allowing companies to differentiate themselves and meet the increasing demand for high-quality long-term care services.

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Alternative Market Research Questions for Nursing Homes and Long-Term Care Facilities Sector Reports

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