Mexico - Latin America Long-Term Care Market Size & Outlook
The long-term care market in Mexico - Latin America is expected to reach a projected revenue of US$ 43.9 billion by 2033. A compound annual growth rate of 6.6% is expected of Mexico - Latin America long-term care market from 2026 to 2033.
The Mexico long-term care market generated a revenue of USD 25.6 billion in 2025 and is expected to reach USD 43.9 billion by 2033.
The Mexico market is expected to grow at a CAGR of 6.6% from 2026 to 2033.
In terms of segment, out-of-pocket was the largest revenue generating payer in 2025.
Private is the most lucrative payer segment registering the fastest growth during the forecast period.
Long-term care market data book summary
Market revenue in 2025
USD 25.6 billion
Market revenue in 2033
USD 43.9 billion
Growth rate
6.6% (CAGR from 2026 to 2033)
Largest segment
Out-of-pocket
Fastest growing segment
Private
Historical data
2021 - 2024
Base year
2025
Forecast period
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, Mexico accounted for 2.0% of the long-term care market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Latin America, Brazil long-term care market is projected to lead the regional market in terms of revenue in 2033.
Mexico is the fastest growing regional market in Latin America and is projected to reach USD 43.9 billion by 2033.
Several elderly people from different countries are opting for home care in Mexico. Although Mexican people themselves do not opt for formal care, the number of home care agencies is on the rise due to the growing demand from foreigners. There are about 9.5 million elderly people with a life expectancy of 65 years and above in Mexico.
Most elderly people are being taken care of by their families or by home care agencies. Almost every retired household can afford help for cooking and other domestic work for USD 15 to USD 20 per day. A licensed nurse for full-time care can also be appointed for USD 550 per month. Such low charges are encouraging foreigners to settle in the country after their retirement.
Compared to the U.S., where LTC can cost up to USD 2,500 to USD 7,000 per month, Mexican LTC agencies offer assisted living & nursing care for USD 1,000 to USD 1,700 per month. These expenses are low enough to be covered in social security benefits and hence, are proving to be attractive to several elderly people.
Mexico - Latin America Long-Term Care Market Outlook
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.
Out-Of-Pocket was the largest segment with a revenue share of 71.87% in 2025.
Horizon Databook has segmented the Mexico - Latin America long-term care market based on public, private, out-of-pocket covering the revenue growth of each sub-segment from 2021 to 2033.
Several elderly people from different countries are opting for home care in Mexico. Although Mexican people themselves do not opt for formal care, the number of home care agencies is on the rise due to the growing demand from foreigners. There are about 9.5 million elderly people with a life expectancy of 65 years and above in Mexico.
Most elderly people are being taken care of by their families or by home care agencies. Almost every retired household can afford help for cooking and other domestic work for USD 15 to USD 20 per day. A licensed nurse for full-time care can also be appointed for USD 550 per month. Such low charges are encouraging foreigners to settle in the country after their retirement.
Compared to the U.S., where LTC can cost up to USD 2,500 to USD 7,000 per month, Mexican LTC agencies offer assisted living & nursing care for USD 1,000 to USD 1,700 per month. These expenses are low enough to be covered in social security benefits and hence, are proving to be attractive to several elderly people.
Mexico - Latin America Long-Term Care Market Payer Outlook (Revenue, USD Billion , 2021-2033)
Public
Private
Out-of-Pocket
Mexico - Latin America 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 country-level data and insights on the Mexico - Latin America Long-Term Care Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Long-Term Care Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Long-Term Care Market, 2021-2033 (US$B)