Asia Pacific Long-Term Care Market Size & Outlook, 2026-2033
The long-term care market in Asia Pacific is expected to reach a projected revenue of US$ 394.2 billion by 2033. A compound annual growth rate of 6.9% is expected of Asia Pacific long-term care market from 2026 to 2033.
The Asia Pacific long-term care market generated a revenue of USD 228.6 billion in 2025.
The market is expected to grow at a CAGR of 6.9% from 2026 to 2033.
In terms of segment, public was the largest revenue generating payer in 2025.
Private is the most lucrative payer segment registering the fastest growth during the forecast period.
Country-wise, China is expected to register the highest CAGR from 2026 to 2033.
Asia Pacific data book summary
Market revenue in 2025
USD 228.6 billion
Market revenue in 2033
USD 394.2 billion
Growth rate
6.9% (CAGR from 2026 to 2033)
Largest segment
Public
Fastest growing segment
Private
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD billion
Market segmentation
Public, Private, Out-of-Pocket
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, Asia Pacific region accounted for 18.2% of the long-term care market in 2025.
Globally, North America is projected to lead the regional market in terms of revenue in 2033.
Europe is the fastest growing regional market and is projected to reach USD 482.0 billion by 2033.
Countries such as India and China do not opt for formal care as they follow traditional approach of care. However, social & economic changes such as migration for employment and increased participation of women in workforce are increasing the burden of healthcare expenditure. This is expected to fuel the growth of the LTC market in APAC.
Long-term care is required to ensure proper care of elderly, especially in China, as the country’s demography is at a critical stage due to its one child policy. There are no definite government policies for reimbursement or payment of LTC in most countries in APAC. However, the household saving ratio is high.
This implies that people are well aware and are saving for their old age. High geriatric population affects the labor force in several countries, thereby adversely impacting the economy. However, a strong need for reforming the existing LTC system persists in these countries owing to the fact that these are the fastest-aging, middle-income countries.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Long-Term Care Market Outlook will help companies and investors design strategic landscapes.
Public was the largest segment with a revenue share of 58.31% in 2025.
Horizon Databook has segmented the Asia Pacific long-term care market based on public, private, out-of-pocket covering the revenue growth of each sub-segment from 2021 to 2033.
Countries such as India and China do not opt for formal care as they follow traditional approach of care. However, social & economic changes such as migration for employment and increased participation of women in workforce are increasing the burden of healthcare expenditure. This is expected to fuel the growth of the LTC market in APAC.
Long-term care is required to ensure proper care of elderly, especially in China, as the country’s demography is at a critical stage due to its one child policy. There are no definite government policies for reimbursement or payment of LTC in most countries in APAC. However, the household saving ratio is high.
This implies that people are well aware and are saving for their old age. High geriatric population affects the labor force in several countries, thereby adversely impacting the economy. However, a strong need for reforming the existing LTC system persists in these countries owing to the fact that these are the fastest-aging, middle-income countries.
Asia Pacific Long-Term Care Market Payer Outlook (Revenue, USD Billion , 2021-2033)
Public
Private
Out-of-Pocket
Asia Pacific Long-Term Care Market Service Outlook (Revenue, USD Billion , 2021-2033)
Others Service
Home Healthcare
Assisted Living Facilities
Hospice
Nursing Care
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Long-Term Care Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Long-Term Care Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Asia Pacific Long-Term Care Market, 2021-2033 (US$B)