Long Term Care Insurance Market
Long Term Care Insurance Market - Global Industry Assessment & Forecast
#
Pages:
150
2022
Jul - 2023
VMR-2195
Segments Covered
By
Type Traditional Long Term Care Insurance, Asset-based Life/Annuity Plans with Long Term Care Insurance
-
By
Policy Individual Policy, Group Policy, Association Policy
-
By
Service Home Healthcare, Hospice Care, Adult Day Care, Home Personal Care, Community Facilities, Respite Care
-
By
Age Between 18 and 64, Over 65 Years Old
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 28.1 Billion |
 Revenue 2030:
|
USD 47.8 Billion |
 Revenue CAGR
(2023 - 2030): |
7.9% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2017 to 2021 |
| 3. | Forecast Data | 2023 to 2030 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 19-Jul-2023
FAQ
Frequently Asked Question
What is the global demand for Long Term Care Insurance in terms of revenue?
-
The global Long Term Care Insurance valued at USD 28.1 Billion in 2022 and is expected to reach USD 47.8 Billion in 2030 growing at a CAGR of 7.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Northwestern Mutual (U.S.), MassMutual (U.S.), LTC Financial Solutions (U.S.), Agent Review (U.S.), Transamerica (U.S.), John Hancock (U.S.), State Farm (U.S.), Genworth (U.S.), Golden Care (U.S.), Continental Insurance (U.S.), ACSIA Partners (U.S.), MedAmerica (U.S.), New York Life (U.S.), CLTC Insurance (U.S.), Nationwide Mutual Insurance Company (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.9% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Long Term Care Insurance include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Long Term Care Insurance in 2022.
