Saudi Arabia Long-term Care Market Size & Outlook
The long-term care market in Saudi Arabia is expected to reach a projected revenue of US$ 15,252.2 million by 2030. A compound annual growth rate of 6.8% is expected of Saudi Arabia long-term care market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,625.0
Forecast, 2030 (US$M)
$15,252.2
CAGR, 2024 - 2030
6.8%
Report Coverage
Saudi Arabia
Saudi Arabia long-term care market, 2018-2030 (US$M)
Related Markets
Saudi Arabia long-term care market highlights
- The Saudi Arabia long-term care market generated a revenue of USD 9,625.0 million in 2023 and is expected to reach USD 15,252.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.8% 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 9,625.0 million |
| Market revenue in 2030 | USD 15,252.2 million |
| Growth rate | 6.8% (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, Saudi Arabia accounted for 0.9% 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 Middle East & Africa, Saudi Arabia long-term care market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11,613.5 million by 2030.
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Long-Term Care Market Scope
Long-term care market segmentation & scope
Long-Term Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia long term care market size, by service, 2018-2030 (US$M)
Saudi Arabia Long-Term Care Market Outlook Share, 2023 & 2030 (US$M)
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