The global long-term care market to grow at a CAGR of 6.18% during the period 2017-2021.
The report, Global Long-Term Care Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increasing awareness through social media marketing. The vendors in the market are focusing on targeting potential user groups for older men and women residents to maximize the occupancy of their facilities. In addition, various associations and organizations are creating awareness through various online channels. Marketing via social media is helping manufacturers reach out to a larger consumer pool and attract new consumers.
According to the report, one of the major drivers for this market is increase in healthcare budgets by governments. Globally, many countries have constantly been increasing their healthcare budget as a part of their social security measure. For instance, according to the Department of Health and Human Services' Centers for Medicare and Medicaid Services, in 2014, the US government spent 17% of the gross domestic product (GDP) for the healthcare sector. In addition, in 2015, the US healthcare planned to spend $10,000 per person.
- Atria Senior Living
- Sunrise Senior Living
Other prominent vendors
- Brookdale Senior Living Solutions
- Genesis HealthCare
- Health PEI
- Home Instead
Senior Care Centers of America
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Market landscape
PART 05: Market segmentation by application
PART 06: Geographical segmentation
PART 07: Decision framework
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/wsjtfs/global_longterm