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Global Long-term Care (LTC) Devices Market Size study, by Type (Therapeutic, Diagnostic, Mobility Assist), by End Use (Home Health Care, Hospices, Nursing Care, Assisted Living Facilities) and Regional Forecasts 2021-2027

  • BIZ4509233
  • 200 Pages
  • June 2021
  • Medical Devices
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Global Long-term Care (LTC) Devices Market is valued approximately USD 165.07 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2021-2027. Long-term care is intended for a patient who is injured, sick, or who has diminished physical and mental capabilities. Terminal conditions, disabilities, or infirmity of old age are other reasons long-term care may be required. The growing pervasiveness of dementia, alzimers, diabetes & other chronic diseases has resulted in an increased number of patients in need of long-term care, thus helping the growth of LTC devices market. In addition to that, the rise in government, coupled with the rise of insurance companies providing coverage of long-term medical expenses, are driving the Long-term Care (LTC) devices market. According to Diabetes research foundation’s report, 34.2 million people, which is10.5% of the U.S. population, had diabetes in 2020. An estimated 26.8 million people, comprising of 2% of the population, had been diagnosed with diabetes. Approximately 7.3 million people have diabetes but are undiagnosed. World Health Organization stated that the number of people living with dementia worldwide was estimated at 50 million in 2019 and will almost grew three times by 2050. Chronic illnesses such as dementia and diabetes are bound to propel the market for Long-term Care (LTC) Devices as the patients of these diseases need intensive and full-time care. The costly nature of long-term care facilities and devices may act as a restraint for its growth. However, increasing efforts from government to invest in healthcare and insurance sector acts as an opportunity for Long-term Care (LTC) Devices Market in subsequent decade.

Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of Long-term Care (LTC) Devices Market. Due to higher number of patients having access to medical facilities as well as higher per capita income, North America emerged as a significant region across the world in terms of market share. Whereas, Asia-Pacific is expected to exhibit highest growth rate for the forecast period 2021-2027 owing to the growing population with chronic illnesses. Rising disposable income and growing awareness for healthcare facilities will also boost growth in this region.

Major market player included in this report are:

Abbott

Medtronic Plc

B. Braun Melsungen AG

3M Healthcare

Baxter International Inc.

Hoffmann-La Roche AG

Mckesson Medical-Surgical Inc.

Medline Industries, Inc.

Hill-Rom Holdings, Inc.

Fresenius Medical Care AG & CO. KGAA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Therapeutic devices

Diagnostic devices

Mobility assist devices

By End-Use:

Home healthcare

Hospice

Nursing care

Assisted living facility

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Long-term Care (LTC) Devices Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Long-term Care (LTC) Devices Market, by Type, 2019-2027 (USD Billion)

1.2.2. Long-term Care (LTC) Devices Market, by End-use, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Long-term Care (LTC) Devices Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Long-term Care (LTC) Devices Market Dynamics

3.1. Long-term Care (LTC) Devices Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing prevalence chronic illness

3.1.1.2. Growth of the elderly demography across nations

3.1.2. Market Challenges

3.1.2.1. High cost associated with the long-term care at home

3.1.3. Market Opportunities

3.1.3.1. Growing governmental investment in healthcare and insurance

Chapter 4. Global Long-term Care (LTC) Devices Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Long-term Care (LTC) Devices Market, by Type

5.1. Market Snapshot

5.2. Global Long-term Care (LTC) Devices Market by Type, Performance - Potential Analysis

5.3. Global Long-term Care (LTC) Devices Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Long-term Care (LTC) Devices Market, Sub Segment Analysis

5.4.1. Therapeutic devices

5.4.2. Diagnostic devices

5.4.3. Mobility assist devices

Chapter 6. Global Long-term Care (LTC) Devices Market, by End-use

6.1. Market Snapshot

6.2. Global Long-term Care (LTC) Devices Market by End-use, Performance - Potential Analysis

6.3. Global Long-term Care (LTC) Devices Market Estimates & Forecasts by End-use 2018-2027 (USD Billion)

6.4. Long-term Care (LTC) Devices Market, Sub Segment Analysis

6.4.1. Home healthcare

6.4.2. Hospice

6.4.3. Nursing care

6.4.4. Assisted living facility

Chapter 7. Global Long-term Care (LTC) Devices Market, Regional Analysis

7.1. Long-term Care (LTC) Devices Market, Regional Market Snapshot

7.2. North America Long-term Care (LTC) Devices Market

7.2.1. U.S. Long-term Care (LTC) Devices Market

7.2.1.1. Type breakdown estimates & forecasts, 2018-2027

7.2.1.2. End-use breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Long-term Care (LTC) Devices Market

7.3. Europe Long-term Care (LTC) Devices Market Snapshot

7.3.1. U.K. Long-term Care (LTC) Devices Market

7.3.2. Germany Long-term Care (LTC) Devices Market

7.3.3. France Long-term Care (LTC) Devices Market

7.3.4. Spain Long-term Care (LTC) Devices Market

7.3.5. Italy Long-term Care (LTC) Devices Market

7.3.6. Rest of Europe Long-term Care (LTC) Devices Market

7.4. Asia-Pacific Long-term Care (LTC) Devices Market Snapshot

7.4.1. China Long-term Care (LTC) Devices Market

7.4.2. India Long-term Care (LTC) Devices Market

7.4.3. Japan Long-term Care (LTC) Devices Market

7.4.4. Australia Long-term Care (LTC) Devices Market

7.4.5. South Korea Long-term Care (LTC) Devices Market

7.4.6. Rest of Asia Pacific Long-term Care (LTC) Devices Market

7.5. Latin America Long-term Care (LTC) Devices Market Snapshot

7.5.1. Brazil Long-term Care (LTC) Devices Market

7.5.2. Mexico Long-term Care (LTC) Devices Market

7.6. Rest of The World Long-term Care (LTC) Devices Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.3. Abbott

8.3.1.1. Key Information

8.3.1.2. Overview

8.3.1.3. Financial (Subject to Data Availability)

8.3.1.4. Product Summary

8.3.1.5. Recent Developments

8.3.2. Medtronic Plc

8.3.3. B. Braun Melsungen AG

8.3.4. 3M Healthcare

8.3.5. Baxter International Inc.

8.3.6. Hoffmann-La Roche AG

8.3.7. Mckesson Medical-Surgical Inc.

8.3.8. Medline Industries, Inc.

8.3.9. Hill-Rom Holdings, Inc.

8.3.10. Fresenius Medical Care AG & CO. KGAA

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Long-term Care (LTC) Devices Market, report scope

TABLE 2. Global Long-term Care (LTC) Devices Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Long-term Care (LTC) Devices Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 4. Global Long-term Care (LTC) Devices Market estimates & forecasts by End-use 2018-2027 (USD Billion)

TABLE 5. Global Long-term Care (LTC) Devices Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Long-term Care (LTC) Devices Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Long-term Care (LTC) Devices Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Long-term Care (LTC) Devices Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Long-term Care (LTC) Devices Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Long-term Care (LTC) Devices Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Long-term Care (LTC) Devices Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Long-term Care (LTC) Devices Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Long-term Care (LTC) Devices Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Long-term Care (LTC) Devices Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. U.S. Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. U.S. Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. Canada Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Canada Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. UK Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. UK Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UK Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Germany Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Germany Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. RoE Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. RoE Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoE Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. China Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. China Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. India Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. India Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Japan Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Japan Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. RoAPAC Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. RoAPAC Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPAC Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Brazil Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Brazil Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Mexico Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. Mexico Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. RoLA Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. RoLA Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLA Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Row Long-term Care (LTC) Devices Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Row Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row Long-term Care (LTC) Devices Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global Long-term Care (LTC) Devices Market

TABLE 55. List of primary sources, used in the study of global Long-term Care (LTC) Devices Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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