Long-Term Care Insurance market

Long-Term Care Insurance Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • ICT & Media
  • 111 Pages
  • Report code : PMR-6790300

  • 4.7 (158)

Long-Term Care Insurance Market

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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.

Long-Term Care Insurance Market contains market size and forecasts of Long-Term Care Insurance in Global, including the following market information:

Global Long-Term Care Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Long-Term Care Insurance market was valued at 32570 million in 2021 and is projected to reach US$ 43190 million by 2028, at a CAGR of 4.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Traditional Long Term Care Insurance Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Long-Term Care Insurance include Genworth, John Hancock, Aviva, Allianz, Aegon, Dai-ichi, AXA, China Life and Prudential, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

Global Long-Term Care Insurance Market Segment Percentages, by Type, 2021 (%)

Traditional Long Term Care Insurance

Hybrid Long Term Care Insurance

Global Long-Term Care Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Long-Term Care Insurance Market Segment Percentages, by Application, 2021 (%)

Between 18 and 64

Over 65 Years Old

Global Long-Term Care Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Long-Term Care Insurance Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (estimated), ($ millions)

Key companies Long-Term Care Insurance revenues share in global market, 2021 (%)

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

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