Long-term care includes a variety of services designed to meet an individual's health or personal care needs over a short and/or long period of time. Long-term care is focused on individualized and coordinated services that promote independence, maximize patients' quality of life, and meet patients' needs over a period of time.
Market Dynamics:
Growing burden of chronic diseases, growing geriatric (aging) population, increasing adoption of home healthcare, rise in demand for long term care, and favorable government initiatives are major factors expected to drive growth of the global long term care market.
For instance, in January 2023, the American Health Care Association and the National Center for Assisted Living (AHCA/NCAL) announced the launch of ‘Careers in Caring’, a national campaign to educate job seekers about the career opportunities in long term care and equip nursing homes, assisted living communities and facilities for people with intellectual and development disabilities with the resources they need to successfully recruit new caregivers to the field.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook