PUBLISHER: Value Market Research | PRODUCT CODE: 1547494
PUBLISHER: Value Market Research | PRODUCT CODE: 1547494
Global Long Term Care Insurance Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032
The global demand for Long Term Care Insurance Market is presumed to reach the market size of nearly USD 58.02 Billion by 2032 from USD 19.56 Billion in 2023 with a CAGR of 12.84% under the study period 2024-2032.
Long-term care insurance is a private insurance policy that provides home health care, nursing home care, adult daycare, or personal care coverage to individuals aged 65 and above or to individuals suffering from a disability or chronic disease that requires constant observation. It is more flexible and offers more options when compared to normal health insurance policies. It provides quality care against an optimum amount of premium. However, it costs less if individuals buy this at a young age. With long-term care insurance, an individual does not have to depend on family members or children for support, as it covers long-term care expenditures. It is tax-deductible.
MARKET DYNAMICS
The long-term care insurance market is expected to witness remarkable growth due to an increasing number of geriatric populations, and the majority of them suffering from a disability, Alzheimer's, cardiovascular disease, cancer, osteoporosis, and other such diseases. Other key market driving factors are increased life expectancy, giving rise to long-term care, and exponential growth of the healthcare sector. Advanced technologies meant for aged people like the virtual companion and development of passive in-house patient monitoring devices that help in tracking patient's health conditions will further boost the long-term care insurance market. However, lack of awareness, high premiums, and shortage of skilled manpower will restrict long-term care insurance market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Long Term Care Insurance. The growth and trends of Long Term Care Insurance industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Long Term Care Insurance market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Policy
- Individual Policy
- Group Policy
- Association Policy
By Service
- Home Healthcare
- Hospice Care
- Home Personal Care
- Community Facilities
- Respite Care
- Adult Day Care
- Services Offered in Assisted Living Facilities Cloud-Based
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Long Term Care Insurance market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Long Term Care Insurance market include New York Life, Pacific Life, Lincoln Financial Group, Mutual Of Omaha, Brighthouse Financial, OneAmerica Hybrid, GoldenCare, National Guardian Life, LTC Consumer, Minnesota Life, Transamerica, Nationwide, Thrivent, Bankers Life And Casualty, Prudential, UNUM. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. LONG TERM CARE INSURANCE - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Policy
- 3.7.2 Market Attractiveness Analysis By Service
- 3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL LONG TERM CARE INSURANCE MARKET ANALYSIS BY POLICY
- 5.1. Overview By Policy
- 5.2. Historical and Forecast Data Analysis By Policy
- 5.3. Individual Policy Historic and Forecast Sales By Regions
- 5.4. Group Policy Historic and Forecast Sales By Regions
- 5.5. Association Policy Historic and Forecast Sales By Regions
6. GLOBAL LONG TERM CARE INSURANCE MARKET ANALYSIS BY SERVICE
- 6.1. Overview By Service
- 6.2. Historical and Forecast Data Analysis By Service
- 6.3. Home Healthcare Historic and Forecast Sales By Regions
- 6.4. Hospice Care Historic and Forecast Sales By Regions
- 6.5. Home Personal Care Historic and Forecast Sales By Regions
- 6.6. Community Facilities Historic and Forecast Sales By Regions
- 6.7. Respite Care Historic and Forecast Sales By Regions
- 6.8. Adult Day Care Historic and Forecast Sales By Regions
- 6.9. Services Offered in Assisted Living Facilities Cloud-Based Historic and Forecast Sales By Regions
7. GLOBAL LONG TERM CARE INSURANCE MARKET ANALYSIS BY GEOGRAPHY
- 7.1. Regional Outlook
- 7.2. Introduction
- 7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
- 7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
- 7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
- 7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
- 7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis
8. COMPETITIVE LANDSCAPE OF THE LONG TERM CARE INSURANCE COMPANIES
- 8.1. Long Term Care Insurance Market Competition
- 8.2. Partnership/Collaboration/Agreement
- 8.3. Merger And Acquisitions
- 8.4. New Product Launch
- 8.5. Other Developments
9. COMPANY PROFILES OF LONG TERM CARE INSURANCE INDUSTRY
- 9.1. Top Companies Market Share Analysis
- 9.2. Market Concentration Rate
- 9.3. New York Life
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
- 9.4. Pacific Life
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
- 9.5. Lincoln Financial Group
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
- 9.6. Mutual Of Omaha
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
- 9.7. Brighthouse Financial
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
- 9.8. OneAmerica Hybrid
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
- 9.9. GoldenCare
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
- 9.10. National Guardian Life
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
- 9.11. LTC Consumer
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
- 9.12. Minnesota Life
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
- 9.13. Transamerica
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
- 9.14. Nationwide
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
- 9.15. Thrivent
- 9.15.1 Company Overview
- 9.15.2 Company Revenue
- 9.15.3 Products
- 9.15.4 Recent Developments
- 9.16. Bankers Life And Casualty
- 9.16.1 Company Overview
- 9.16.2 Company Revenue
- 9.16.3 Products
- 9.16.4 Recent Developments
- 9.17. Prudential
- 9.17.1 Company Overview
- 9.17.2 Company Revenue
- 9.17.3 Products
- 9.17.4 Recent Developments
- 9.18. UNUM
- 9.18.1 Company Overview
- 9.18.2 Company Revenue
- 9.18.3 Products
- 9.18.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers: Impact Analysis
- Restraints: Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- Analysis By Policy (USD MN)
- Individual Policy Market Sales By Geography (USD MN)
- Group Policy Market Sales By Geography (USD MN)
- Association Policy Market Sales By Geography (USD MN)
- Analysis By Service (USD MN)
- Home Healthcare Market Sales By Geography (USD MN)
- Hospice Care Market Sales By Geography (USD MN)
- Home Personal Care Market Sales By Geography (USD MN)
- Community Facilities Market Sales By Geography (USD MN)
- Respite Care Market Sales By Geography (USD MN)
- Adult Day Care Market Sales By Geography (USD MN)
- Services Offered in Assisted Living Facilities Cloud-Based Market Sales By Geography (USD MN)
- Global Long Term Care Insurance Market Sales By Geography (USD MN)
- North America Market Analysis (USD MN)
- United States Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate By Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- South East Asia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Long Term Care Insurance Report
- Market Research Process
- Market Research Methodology
- Global Long Term Care Insurance Market Size, By Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis By Policy
- Market Attractiveness Analysis By Service
- Market Attractiveness Analysis By Region
- Value Chain Analysis
- Global Market Analysis By Policy (USD MN)
- Individual Policy Market Sales By Geography (USD MN)
- Group Policy Market Sales By Geography (USD MN)
- Association Policy Market Sales By Geography (USD MN)
- Global Market Analysis By Service (USD MN)
- Home Healthcare Market Sales By Geography (USD MN)
- Hospice Care Market Sales By Geography (USD MN)
- Home Personal Care Market Sales By Geography (USD MN)
- Community Facilities Market Sales By Geography (USD MN)
- Respite Care Market Sales By Geography (USD MN)
- Adult Day Care Market Sales By Geography (USD MN)
- Services Offered in Assisted Living Facilities Cloud-Based Market Sales By Geography (USD MN)
- Global Market Sales (USD MN)
- North America Market Sales (USD MN)
- Europe Market Sales (USD MN)
- Asia Pacific Market Sales (USD MN)
- Latin America Market Sales (USD MN)
- Middle East & Africa Market Sales (USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
