Nursing Home Beds and Long Term Care Beds Market was valued at USD 125 Billion in 2022 and is projected to reach USD 180 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The global Nursing Home Beds and Long Term Care Beds market was valued at approximately USD 60 billion in 2022. This market is projected to grow at a Compound Annual Growth Rate (CAGR) of around 5% from 2023 to 2028. The increasing aging population, along with the rising prevalence of chronic diseases, is driving demand for long-term care services and facilities. Additionally, the growing preference for home-based care solutions is expected to influence market dynamics positively. The expansion of healthcare infrastructure and advancements in long-term care technologies further support market growth.
Opportunities in the Nursing Home Beds and Long Term Care Beds market are abundant, particularly in emerging regions. The expansion of healthcare policies aimed at improving elderly care and investments in senior living communities are expected to create significant growth prospects. Emerging markets in Asia-Pacific and Latin America are witnessing a surge in demand for long-term care beds due to rapid urbanization and increasing healthcare expenditures. These regions offer substantial growth potential due to their expanding elderly population and improving healthcare infrastructure.
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Paramount Bed
Hill-Rom
Stryker
Linet Group
Stiegelmeyer
Joerns
Getinge Group
France Bed
Pikolin (Pardo)
BaKare Beds
Merivaara
Med-Mizer
Bazhou Greatwall
SjzManyou
HbYangguang
BjKangtuo
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nursing Home Beds and Long Term Care Beds Market
Nursing Homes
Long Term Care Facilities
Assisted Living Facilities
Rehab Facilities
Based on Types the Market is categorized into Below types that held the largest Nursing Home Beds and Long Term Care Beds market share In 2023.
Manual
Electric
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nursing Home Beds and Long Term Care Beds Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nursing Home Beds and Long Term Care Beds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nursing Home Beds and Long Term Care Beds Market, By Type
6. Global Nursing Home Beds and Long Term Care Beds Market, By Application
7. Global Nursing Home Beds and Long Term Care Beds Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Nursing Home Beds and Long Term Care Beds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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