Italy Long-term Care Market Size & Outlook, 2023-2030
Italy long-term care market, 2018-2030 (US$M)
Related Markets
Italy long-term care market highlights
- The Italy long-term care market generated a revenue of USD 13,286.1 million in 2023 and is expected to reach USD 22,754.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, home healthcare 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 13,286.1 million |
| Market revenue in 2030 | USD 22,754.9 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Home healthcare |
| 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, Italy accounted for 1.2% 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 Europe, Germany long-term care market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 22,754.9 million by 2030.
Home healthcare was the largest segment with a revenue share of 30.87% in 2023. Horizon Databook has segmented the Italy 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.
Italy has the second largest elderly population base in Europe. In 2019, about 23% of the total population was aged 65 years and over, and the number of elderly people in the country is expected to reach 16.5 million by 2030. In 2019, around 18.8 beds per 1000 people aged 65 years and above were available in Italy. At present, about 2.3 million people are assisted at home.
This is contributing to the growth of the LTC market in Italy. Moreover, changes in family structures (from extended families to nuclear families) are also boosting the demand for health & social services for the elderly. Italy has a relatively underdeveloped LTC system owing to fragmentation and complexity in terms of resources and competencies.
This is expected to play an increasingly relevant role to address the growing demand for LTC. Nursing services and assistance in performing everyday tasks are the two main types of LTC services provided in the nation. There is a need to develop counseling and respite care services and, in general, establish a robust residential & home care system.
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Long-Term Care Market Scope
Long-Term Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy long term care market size, by service, 2018-2030 (US$M)
Italy Long-Term Care Market Outlook Share, 2023 & 2030 (US$M)
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