South Korea Long-Term Care Market Size & Outlook, 2026-2033
The long-term care market in South Korea is expected to reach a projected revenue of US$ 36.9 billion by 2033. A compound annual growth rate of 7% is expected of South Korea long-term care market from 2026 to 2033.
Revenue, 2025 (US$B)
$21.1
Estimate, 2026 (US$B)
$22.9
Forecast, 2033 (US$B)
$36.9
CAGR, 2026 - 2033
7.0%
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South Korea long-term care market highlights
- The South Korea long-term care market generated a revenue of USD 21.1 billion in 2025 and is expected to reach USD 36.9 billion by 2033.
- The South Korea market is expected to grow at a CAGR of 7% 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.
Long-term care market data book summary
| Market revenue in 2025 | USD 21.1 billion |
| Market revenue in 2033 | USD 36.9 billion |
| Growth rate | 7% (CAGR from 2026 to 2033) |
| Largest segment | Public |
| 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, South Korea accounted for 1.7% 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 Asia Pacific, India long-term care market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 31.7 billion by 2033.
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Publish Date: May 06, 2026
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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 |
|---|---|---|---|---|
| Genesis Healthcare Inc Class A | View profile | 44,000 | 101 East State Street, Kennett Square, PA, United States, 19348 | www.genesishcc.com |
| Sunrise Medical | View profile | 1001-5000 | Boulder, Colorado, United States, North America | www.sunrisemedical.com |
| Amedisys Inc | View profile | 19,000 | 3854 American Way, Suite A, Baton Rouge, LA, United States, 70816 | www.amedisys.com |
| Life Healthcare Group Holdings Ltd | View profile | 16,960 | 203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Johannesburg, GT, South Africa, 2196 | www.lifehealthcare.co.za |
| Brookdale Senior Living Inc | View profile | 36,000 | 111 Westwood Place, Suite 400, Brentwood, TN, United States, 37027 | www.brookdale.com |
| Knight Therapeutics Inc | View profile | 725 | 3400 De Maisonneuve West, Suite 1055, Montreal, QC, Canada, H3Z 3B8 | www.gud-knight.com |
| Extendicare Inc | View profile | 22,000 | 3000 Steeles Avenue East, Suite 700, Markham, ON, Canada, L3R 4T9 | www.extendicare.com |
| Sonida Senior Living Inc | View profile | 3,955 | 14755 Preston Road, Suite 810, Dallas, TX, United States, 75254 | www.sonidaseniorliving.com |
| Home Instead | View profile | 501-1000 | Omaha, Nebraska, United States, North America | www.homeinstead.com |
| Atria Senior Living | View profile | 10001+ | Louisville, Kentucky, United States, North America | atriaseniorliving.com |
South Korea 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.
Public was the largest segment with a revenue share of 80.57% in 2025.
Horizon Databook has segmented the South Korea long-term care market based on public, private, out-of-pocket covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Long-Term Care Market Payer Outlook (Revenue, USD Billion , 2021-2033)
- Public
- Private
- Out-of-Pocket
- South Korea 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 South Korea Long-Term Care Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Long-Term Care Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Long-Term Care Market, 2021-2033 (US$B)
South Korea long-term care market statistics, by payer, 2021-2033 (USD Billion)
