Brazil Long-term Care Market Size & Outlook, 2023-2030
Brazil long-term care market, 2018-2030 (US$M)
Related Markets
Brazil long-term care market highlights
- The Brazil long-term care market generated a revenue of USD 30,725.8 million in 2023 and is expected to reach USD 51,739.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, nursing care was the largest revenue generating service in 2023.
- Hospice is the most lucrative service segment registering the fastest growth during the forecast period.
Long-term care market data book summary
| Market revenue in 2023 | USD 30,725.8 million |
| Market revenue in 2030 | USD 51,739.0 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Nursing care |
| Fastest growing segment | Hospice |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home Healthcare, Hospice, Nursing Care, Assisted Living Facilities |
| Key market players worldwide | Brookdale Senior Living Inc, Knight Therapeutics Inc, Life Healthcare Group Holdings Ltd, Sunrise Medical, Extendicare Inc, Sonida Senior Living Inc, Genesis Healthcare Inc Class A, Amedisys Inc, Home Instead, Diversicare Healthcare Services, Atria Senior Living |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.8% of the global long-term care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil long-term care market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 37,421.2 million by 2030.
Nursing care was the largest segment with a revenue share of 29.59% in 2023. Horizon Databook has segmented the Brazil long-term care market based on home healthcare, hospice, nursing care, assisted living facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the fastest growing economy; however, the healthcare sector is still underdeveloped. Around 7,029 LTC facilities were available in Brazil, with 60.2% in the Southeast region and 26.7% in the south region in 2021, compared with 3,548 LTCF in 2010.
With the rising geriatric population and changing family dynamics, the need for LTC is expected to grow. Development is clustered and limited to metropolitan cities. The gap between rich and poor in the country is also huge; poverty rate in Brazil in 2020 was around 12.8% as per World Bank.
The huge expense of supporting long-term care systems, along with human resource and institutional governance difficulties, is preventing the government to take necessary actions for long-term care in the region.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Long-Term Care Market Scope
Long-Term Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil long term care market size, by service, 2018-2030 (US$M)
Brazil Long-Term Care Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
No records
No related regions found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
