Global Long-Term Care Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Long-Term Care Market.
Companies Mentioned are EXTENDICARE, Atria Senior Living, Sunrise Senior Living, Kindred Healthcare, Brookdale Senior Living Solutions, Emeritus, Genesis HealthCare, Health PEI, Home Instead, Revera, and Senior Care Centers of America.
The global Long-Term Care market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Long-Term Care Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Long-Term Care market?
- What are the key market trends impacting the growth of the global Long-Term Care market?
- What are the challenges to market growth?
- Who are the key vendors in the global Long-Term Care market?
- What are the market opportunities and threats faced by the vendors in the global Long-Term Care market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Long-Term Care market?
This independent 70 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Long-Term Care market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Long-Term Care in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Long-Term Care industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Long-Term Care industry development trends and marketing channels are analyzed.
Commenting on the report, an analyst from MIR’s team said: “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.
Further, the report states that one of the major factors hindering the growth of this market is lack of skilled nursing staff. Many local communities struggle with finding providers and physicians to care for residents in their accommodations. The industry is facing a shortage of primary care physicians and caretakers, especially in the field of geriatrics. There is a lack of trained nurses available for long-term care sites, and a significant number of nurses tend to take on the management level roles for better career opportunities. The culture of working in isolation is quite common in the industry by keeping nurses task-oriented rather than patient-oriented. This depleted the quality of service provided to the residents in the long-term care facilities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Long-Term Care on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Long-Term Care Market and assist manufacturers and investment organization to better grasp the development course of Long-Term Care Market.
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