Long-Term Care Insurance Industry Research Report 2023

August 2023 | 102 pages | ID: LBE858726C13EN
APO Research

Abstracts

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.

The Long-Term Care Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Long-Term Care Insurance market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Long-Term Care Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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

Product Type Insights

Global markets are presented by Long-Term Care Insurance type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Long-Term Care Insurance are procured by the companies.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).

Long-Term Care Insurance segment by Type

• Traditional Long Term Care Insurance
• Hybrid Long Term Care Insurance

Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the Long-Term Care Insurance market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Long-Term Care Insurance market.

Long-Term Care Insurance Segment by Application

• Between 18 and 64
• Over 65 Years Old

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029.

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Long-Term Care Insurance market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Long-Term Care Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Long-Term Care Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Long-Term Care Insurance industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Long-Term Care Insurance.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments 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 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 6: Detailed analysis of Long-Term Care Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.

Chapter 12: 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 13: The main points and conclusions of the report.

Contents

1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Long-Term Care Insurance by Type
  2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029)
  1.2.2 Traditional Long Term Care Insurance
  1.2.3 Hybrid Long Term Care Insurance
2.3 Long-Term Care Insurance by Application
  2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029)
  2.3.2 Between 18 and
  2.3.3 Over 65 Years Old
2.4 Assumptions and Limitations

3 LONG-TERM CARE INSURANCE BREAKDOWN DATA BY TYPE

3.1 Global Long-Term Care Insurance Historic Market Size by Type (2018-2023)
3.2 Global Long-Term Care Insurance Forecasted Market Size by Type (2023-2028)

4 LONG-TERM CARE INSURANCE BREAKDOWN DATA BY APPLICATION

4.1 Global Long-Term Care Insurance Historic Market Size by Application (2018-2023)
4.2 Global Long-Term Care Insurance Forecasted Market Size by Application (2018-2023)

5 GLOBAL GROWTH TRENDS

5.1 Global Long-Term Care Insurance Market Perspective (2018-2029)
5.2 Global Long-Term Care Insurance Growth Trends by Region
  5.2.1 Global Long-Term Care Insurance Market Size by Region: 2018 VS 2022 VS 2029
  5.2.2 Long-Term Care Insurance Historic Market Size by Region (2018-2023)
  5.2.3 Long-Term Care Insurance Forecasted Market Size by Region (2024-2029)
5.3 Long-Term Care Insurance Market Dynamics
  5.3.1 Long-Term Care Insurance Industry Trends
  5.3.2 Long-Term Care Insurance Market Drivers
  5.3.3 Long-Term Care Insurance Market Challenges
  5.3.4 Long-Term Care Insurance Market Restraints

6 MARKET COMPETITIVE LANDSCAPE BY PLAYERS

6.1 Global Top Long-Term Care Insurance Players by Revenue
  6.1.1 Global Top Long-Term Care Insurance Players by Revenue (2018-2023)
  6.1.2 Global Long-Term Care Insurance Revenue Market Share by Players (2018-2023)
6.2 Global Long-Term Care Insurance Industry Players Ranking, 2021 VS 2022 VS 2023
6.3 Global Key Players of Long-Term Care Insurance Head office and Area Served
6.4 Global Long-Term Care Insurance Players, Product Type & Application
6.5 Global Long-Term Care Insurance Players, Date of Enter into This Industry
6.6 Global Long-Term Care Insurance Market CR5 and HHI
6.7 Global Players Mergers & Acquisition

7 NORTH AMERICA

7.1 North America Long-Term Care Insurance Market Size (2018-2029)
7.2 North America Long-Term Care Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 North America Long-Term Care Insurance Market Size by Country (2018-2023)
7.4 North America Long-Term Care Insurance Market Size by Country (2024-2029)
7.5 United States
7.6 Canada

8 EUROPE

8.1 Europe Long-Term Care Insurance Market Size (2018-2029)
8.2 Europe Long-Term Care Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
8.3 Europe Long-Term Care Insurance Market Size by Country (2018-2023)
8.4 Europe Long-Term Care Insurance Market Size by Country (2024-2029)
7.4 Germany
7.5 France
7.6 U.K.
7.7 Italy
7.8 Russia
7.9 Nordic Countries

9 ASIA-PACIFIC

9.1 Asia-Pacific Long-Term Care Insurance Market Size (2018-2029)
9.2 Asia-Pacific Long-Term Care Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Asia-Pacific Long-Term Care Insurance Market Size by Country (2018-2023)
9.4 Asia-Pacific Long-Term Care Insurance Market Size by Country (2024-2029)
8.4 China
8.5 Japan
8.6 South Korea
8.7 Southeast Asia
8.8 India
8.9 Australia

10 LATIN AMERICA

10.1 Latin America Long-Term Care Insurance Market Size (2018-2029)
10.2 Latin America Long-Term Care Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Latin America Long-Term Care Insurance Market Size by Country (2018-2023)
10.4 Latin America Long-Term Care Insurance Market Size by Country (2024-2029)
9.4 Mexico
9.5 Brazil

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Long-Term Care Insurance Market Size (2018-2029)
11.2 Middle East & Africa Long-Term Care Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
11.3 Middle East & Africa Long-Term Care Insurance Market Size by Country (2018-2023)
11.4 Middle East & Africa Long-Term Care Insurance Market Size by Country (2024-2029)
10.4 Turkey
10.5 Saudi Arabia
10.6 UAE

12 PLAYERS PROFILED

11.1 Genworth
  11.1.1 Genworth Company Detail
  11.1.2 Genworth Business Overview
  11.1.3 Genworth Long-Term Care Insurance Introduction
  11.1.4 Genworth Revenue in Long-Term Care Insurance Business (2017-2022)
  11.1.5 Genworth Recent Development
11.2 John Hancock
  11.2.1 John Hancock Company Detail
  11.2.2 John Hancock Business Overview
  11.2.3 John Hancock Long-Term Care Insurance Introduction
  11.2.4 John Hancock Revenue in Long-Term Care Insurance Business (2017-2022)
  11.2.5 John Hancock Recent Development
11.3 Aviva
  11.3.1 Aviva Company Detail
  11.3.2 Aviva Business Overview
  11.3.3 Aviva Long-Term Care Insurance Introduction
  11.3.4 Aviva Revenue in Long-Term Care Insurance Business (2017-2022)
  11.3.5 Aviva Recent Development
11.4 Allianz
  11.4.1 Allianz Company Detail
  11.4.2 Allianz Business Overview
  11.4.3 Allianz Long-Term Care Insurance Introduction
  11.4.4 Allianz Revenue in Long-Term Care Insurance Business (2017-2022)
  11.4.5 Allianz Recent Development
11.5 Aegon
  11.5.1 Aegon Company Detail
  11.5.2 Aegon Business Overview
  11.5.3 Aegon Long-Term Care Insurance Introduction
  11.5.4 Aegon Revenue in Long-Term Care Insurance Business (2017-2022)
  11.5.5 Aegon Recent Development
11.6 Dai-ichi
  11.6.1 Dai-ichi Company Detail
  11.6.2 Dai-ichi Business Overview
  11.6.3 Dai-ichi Long-Term Care Insurance Introduction
  11.6.4 Dai-ichi Revenue in Long-Term Care Insurance Business (2017-2022)
  11.6.5 Dai-ichi Recent Development
11.7 AXA
  11.7.1 AXA Company Detail
  11.7.2 AXA Business Overview
  11.7.3 AXA Long-Term Care Insurance Introduction
  11.7.4 AXA Revenue in Long-Term Care Insurance Business (2017-2022)
  11.7.5 AXA Recent Development
11.8 China Life
  11.8.1 China Life Company Detail
  11.8.2 China Life Business Overview
  11.8.3 China Life Long-Term Care Insurance Introduction
  11.8.4 China Life Revenue in Long-Term Care Insurance Business (2017-2022)
  11.8.5 China Life Recent Development
11.9 Prudential
  11.9.1 Prudential Company Detail
  11.9.2 Prudential Business Overview
  11.9.3 Prudential Long-Term Care Insurance Introduction
  11.9.4 Prudential Revenue in Long-Term Care Insurance Business (2017-2022)
  11.9.5 Prudential Recent Development
11.10 Generali Italia
  11.10.1 Generali Italia Company Detail
  11.10.2 Generali Italia Business Overview
  11.10.3 Generali Italia Long-Term Care Insurance Introduction
  11.10.4 Generali Italia Revenue in Long-Term Care Insurance Business (2017-2022)
  11.10.5 Generali Italia Recent Development
11.11 Unum Life
  11.11.1 Unum Life Company Detail
  11.11.2 Unum Life Business Overview
  11.11.3 Unum Life Long-Term Care Insurance Introduction
  11.11.4 Unum Life Revenue in Long-Term Care Insurance Business (2017-2022)
  11.11.5 Unum Life Recent Development
11.12 Sumitomo Life Insurance
  11.12.1 Sumitomo Life Insurance Company Detail
  11.12.2 Sumitomo Life Insurance Business Overview
  11.12.3 Sumitomo Life Insurance Long-Term Care Insurance Introduction
  11.12.4 Sumitomo Life Insurance Revenue in Long-Term Care Insurance Business (2017-2022)
  11.12.5 Sumitomo Life Insurance Recent Development
11.13 Northwestern Mutual
  11.13.1 Northwestern Mutual Company Detail
  11.13.2 Northwestern Mutual Business Overview
  11.13.3 Northwestern Mutual Long-Term Care Insurance Introduction
  11.13.4 Northwestern Mutual Revenue in Long-Term Care Insurance Business (2017-2022)
  11.13.5 Northwestern Mutual Recent Development
11.14 CPIC
  11.14.1 CPIC Company Detail
  11.14.2 CPIC Business Overview
  11.14.3 CPIC Long-Term Care Insurance Introduction
  11.14.4 CPIC Revenue in Long-Term Care Insurance Business (2017-2022)
  11.14.5 CPIC Recent Development
11.15 MassMutual
  11.15.1 MassMutual Company Detail
  11.15.2 MassMutual Business Overview
  11.15.3 MassMutual Long-Term Care Insurance Introduction
  11.15.4 MassMutual Revenue in Long-Term Care Insurance Business (2017-2022)
  11.15.5 MassMutual Recent Development
11.16 Omaha Mutual
  11.16.1 Omaha Mutual Company Detail
  11.16.2 Omaha Mutual Business Overview
  11.16.3 Omaha Mutual Long-Term Care Insurance Introduction
  11.16.4 Omaha Mutual Revenue in Long-Term Care Insurance Business (2017-2022)
  11.16.5 Omaha Mutual Recent Development
11.17 New York Life
  11.17.1 New York Life Company Detail
  11.17.2 New York Life Business Overview
  11.17.3 New York Life Long-Term Care Insurance Introduction
  11.17.4 New York Life Revenue in Long-Term Care Insurance Business (2017-2022)
  11.17.5 New York Life Recent Development
11.18 LTC Financial Solutions
  11.18.1 LTC Financial Solutions Company Detail
  11.18.2 LTC Financial Solutions Business Overview
  11.18.3 LTC Financial Solutions Long-Term Care Insurance Introduction
  11.18.4 LTC Financial Solutions Revenue in Long-Term Care Insurance Business (2017-2022)
  11.18.5 LTC Financial Solutions Recent Development

13 REPORT CONCLUSION

14 DISCLAIMER