Long Term Care Insurance Market
Long Term Care Insurance Market - Global Industry Assessment & Forecast
#
Pages:
150
Base Year:
2022
Jul - 2023
Format:
Report Code:
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
Long Term Care Insurance Market Segment Analysis
- Long Term Care Insurance Type Outlook (Revenue, USD Million, 2018 - 2030)
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Long Term Care Insurance Policy Outlook (Revenue, USD Million, 2018 - 2030)
- Individual Policy
- Group Policy
- Association Policy
- Long Term Care Insurance Service Outlook (Revenue, USD Million, 2018 - 2030)
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Long Term Care Insurance Age Outlook (Revenue, USD Million, 2018 - 2030)
- Between 18 and 64
- Over 65 Years Old
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
-
North America Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
-
North America Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
-
North America Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- U.S.
- U.S. Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- U.S. Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- U.S. Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- U.S. Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- U.S. Long Term Care Insurance Market, by Type
- Canada
- Canada Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Canada Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Canada Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Canada Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Canada Long Term Care Insurance Market, by Type
-
Mexico
- Mexico Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Mexico Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Mexico Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Mexico Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Mexico Long Term Care Insurance Market, by Type
-
North America Long Term Care Insurance Market, by Type
- Europe
-
Europe Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
-
Europe Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
-
Europe Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
-
Europe Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- U. K.
- U.K. Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- U.K. Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- U.K. Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- U.K. Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- U.K. Long Term Care Insurance Market, by Type
- France
- France Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- France Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- France Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- France Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- France Long Term Care Insurance Market, by Type
-
Germany
- Germany Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Germany Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Germany Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Germany Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Germany Long Term Care Insurance Market, by Type
-
Italy
- Italy Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Italy Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Italy Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Italy Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Italy Long Term Care Insurance Market, by Type
-
Spain
- Spain Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Spain Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Spain Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Spain Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Spain Long Term Care Insurance Market, by Type
-
Rest of Europe
- Rest of Europe Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Rest of Europe Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Rest of Europe Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Rest of Europe Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Rest of Europe Long Term Care Insurance Market, by Type
-
Europe Long Term Care Insurance Market, by Type
- Asia Pacific
-
Asia Pacific Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
-
Asia Pacific Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
-
Asia Pacific Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
-
Asia Pacific Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- China
- China Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- China Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- China Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- China Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- China Long Term Care Insurance Market, by Type
- Japan
- Japan Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Japan Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Japan Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Japan Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Japan Long Term Care Insurance Market, by Type
-
Germany
- Germany Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Germany Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Germany Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Germany Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Germany Long Term Care Insurance Market, by Type
-
India
- India Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- India Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- India Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- India Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- India Long Term Care Insurance Market, by Type
-
South Korea
- South Korea Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- South Korea Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- South Korea Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- South Korea Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- South Korea Long Term Care Insurance Market, by Type
-
South East Asia
- South East Asia Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- South East Asia Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- South East Asia Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- South East Asia Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- South East Asia Long Term Care Insurance Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Rest of Asia Pacific Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Rest of Asia Pacific Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Rest of Asia Pacific Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Rest of Asia Pacific Long Term Care Insurance Market, by Type
-
Asia Pacific Long Term Care Insurance Market, by Type
- Latin America
-
Latin America Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
-
Latin America Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
-
Latin America Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
-
Latin America Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Brazil
- Brazil Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Brazil Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Brazil Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Brazil Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Brazil Long Term Care Insurance Market, by Type
- Argentina
- Argentina Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Argentina Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Argentina Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Argentina Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Argentina Long Term Care Insurance Market, by Type
-
Rest of Latin America
- Rest of Latin America Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Rest of Latin America Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Rest of Latin America Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Rest of Latin America Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Rest of Latin America Long Term Care Insurance Market, by Type
-
Latin America Long Term Care Insurance Market, by Type
- Middle East & Africa
-
Middle East & Africa Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
-
Middle East & Africa Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
-
Middle East & Africa Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
-
Middle East & Africa Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- GCC Countries
- GCC Countries Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- GCC Countries Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- GCC Countries Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- GCC Countries Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- GCC Countries Long Term Care Insurance Market, by Type
- South Africa
- South Africa Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- South Africa Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- South Africa Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- South Africa Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- South Africa Long Term Care Insurance Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Long Term Care Insurance Market, by Type
- Traditional Long Term Care Insurance
- Asset-based Life/Annuity Plans with Long Term Care Insurance
- Rest of Middle East & Africa Long Term Care Insurance Market, by Policy
- Individual Policy
- Group Policy
- Association Policy
- Rest of Middle East & Africa Long Term Care Insurance Market, by Service
- Home Healthcare
- Hospice Care
- Adult Day Care
- Home Personal Care
- Community Facilities
- Respite Care
- Rest of Middle East & Africa Long Term Care Insurance Market, by Age
- Between 18 and 64
- Over 65 Years Old
- Rest of Middle East & Africa Long Term Care Insurance Market, by Type
-
Middle East & Africa Long Term Care Insurance Market, by Type
- North America
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.
