seobhushan (86)

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Long Term Care Market is projected to reach CAGR
8.5 by 2027
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Key Insights from Long Term Care Market

• The ongoing technological developments along with
  the integration of advanced healthcare IT
  modalities are positively impacting long term
  care market. The market size is projected to
  surpass USD 1,619 billion by 2027.
• The rapidly increasing prevalence of chronic
  diseases, especially among the elderly
  population, essentially require long term care
  services for effective treatment. The growing
  awareness about these services coupled with
  favorable government initiatives and policies is
  creating a strong demand for long term care
  facilities.
• Home healthcare services are gaining a wide
  prominence in the industry with the growing
  preference for cost-effective home healthcare
  services and supportive government initiatives.
  Various home healthcare services such as hospice
  care are usually covered by Medicare
  reimbursement coverage which is impelling their
  demand to a great extent.

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Regional Insights in Long Term Care Market

• Regionally, Japan is emerging as a remunerative
  avenue for the industry is anticipated to record
  a substantial valuation of over USD 134 billion
  by 2027. This can be ascribed to the growing
  elderly population, increasing prevalence of
  chronic disorders, and availability of favorable
  long-term care insurance (LTCI) facility in the
  country.

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Latest Research Report On Long Term Care Market _at_
https//www.gminsights.com/industry-analysis/long-
term-care-market Request for a sample of this
research report _at_ https//www.gminsights.com/reque
st-sample/detail/3895
5
Major Companies in Long Term Care Market

• Extendicare
• Brookdale Senior Living Solutions
• Capital Senior Living
• Sunrise Senior Living

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Industry Coverage

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