North America Long-Term Care Market Size & Outlook
The long-term care market in North America is expected to reach a projected revenue of US$ 1,001.0 billion by 2033. A compound annual growth rate of 6.6% is expected of North America long-term care market from 2026 to 2033.
The North America long-term care market generated a revenue of USD 606.2 billion in 2025.
The market is expected to grow at a CAGR of 6.6% 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, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
Market revenue in 2025
USD 606.2 billion
Market revenue in 2033
USD 1,001.0 billion
Growth rate
6.6% (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, North America region accounted for 48.2% 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.
North America accounted for the largest share in the long-term care market. Large geriatric population in this region as well as sophisticated healthcare infrastructure and relatively high disposable incomes are some of the key drivers of this market.
Furthermore, as per the Public Health Agency of Canada, approximately 44% of the adult population in Canada suffers from one in ten most common chronic disorders and approximately 73% of the senior citizens in Canada are suffering from some kind of chronic disorder.
Among these, hypertension is most prevalent. Around 65.5% of the Canadian population aged over 65 years are suffering from hypertension with around 52.2% people being aged 65 years and above.
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 69.81% in 2025.
Horizon Databook has segmented the North America long-term care market based on public, private, out-of-pocket covering the revenue growth of each sub-segment from 2021 to 2033.
North America accounted for the largest share in the long-term care market. Large geriatric population in this region as well as sophisticated healthcare infrastructure and relatively high disposable incomes are some of the key drivers of this market.
Furthermore, as per the Public Health Agency of Canada, approximately 44% of the adult population in Canada suffers from one in ten most common chronic disorders and approximately 73% of the senior citizens in Canada are suffering from some kind of chronic disorder.
Among these, hypertension is most prevalent. Around 65.5% of the Canadian population aged over 65 years are suffering from hypertension with around 52.2% people being aged 65 years and above.
North America Long-Term Care Market Payer Outlook (Revenue, USD Billion , 2021-2033)
Public
Private
Out-of-Pocket
North 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 continent-level data and insights on the North America Long-Term Care Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Long-Term Care Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Long-Term Care Market, 2021-2033 (US$B)