Report overview
Long-term care insurance is an insurance product that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.
This report aims to provide a comprehensive presentation of the global market for Long-Term Care Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Long-Term Care Insurance. This report contains market size and forecasts of Long-Term Care Insurance in global, including the following market information:
Global Long-Term Care Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Long-Term Care Insurance market was valued at US$ 32570 million in 2022 and is projected to reach US$ 43190 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producers are Genworth, John Hancock, Aviva and Allianz, with revenues of 8.81%, 5.46%, 4.95% and 4.23% respectively in 2019.
We surveyed the Long-Term Care Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Long-Term Care Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Long-Term Care Insurance Market Segment Percentages, by Type, 2022 (%)
Traditional Long Term Care Insurance
Hybrid Long Term Care Insurance
Global Long-Term Care Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Long-Term Care Insurance Market Segment Percentages, by Application, 2022 (%)
Between 18 and 64
Over 65 Years Old
Global Long-Term Care Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Long-Term Care Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Long-Term Care Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Long-Term Care Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Genworth
John Hancock
Aviva
Allianz
Aegon
Dai-ichi
AXA
China Life
Prudential
Generali Italia
Unum Life
Sumitomo Life Insurance
Northwestern Mutual
CPIC
MassMutual
Omaha Mutual
New York Life
LTC Financial Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Long-Term Care Insurance, market overview.
Chapter 2: Global Long-Term Care Insurance market size in revenue.
Chapter 3: Detailed analysis of Long-Term Care Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Long-Term Care Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
