TechNavio today launched its report, Global Long-term Care Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Many long-term care settings are undergoing expansions and face lifts to address various needs of the aged population. More space is being created for occupational and physical therapy services to include a varied class of services under a single setting. These facilities provide tailored services according to the needs of the individuals. They provide different levels of care in the same location. Different styles of living quarters are being designed to cater to various needs of end-users. Furthermore, assisted living and adult communities are taking various promotional efforts to erode stigmas associated with institutional living.”
According to the report, one of the key drivers for this market is the increase in the aging population. The median age of the global population is steadily increasing. Moreover, there has been an increase in the average life span. Population aging is occurring in both developed and developing countries. In the coming years, the elderly population is expected to form the majority of the world population. This increase in the aging population is expected to have a positive effect on the growth of the Global Long-term Care market.
Further, the report reveals that the lack of skilled staff as one of the most critical issues faced by the Global Long-term Care market.
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. For further information on this report, please visit https://www.technavio.com/content/global-long-term-care-market-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Long-term Care Market 2011-2015
