Global Long Term Care Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Therapeutic Devices, Diagnostic Devices, and Mobility Assist DevicesBy Therapeutic;
Home Respiratory Equipment, Insulin Delivery Equipment, Home IV Pumps, Home Dialysis Equipment, and Other Therapeutic EquipmentBy Service;
Nursing Care, Hospice, Assisted Living Facilities, and Home HealthcareBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Long Term Care Devices Market Overview
Long Term Care Devices Market (USD Million)
Long Term Care Devices Market was valued at USD 25,375.85 million in the year 2024. The size of this market is expected to increase to USD 44,918.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.
Global Long Term Care Devices Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.5 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.5 % |
Market Size (2024) | USD 25,375.85 Million |
Market Size (2031) | USD 44,918.86 Million |
Market Concentration | Medium |
Report Pages | 358 |
Major Players
- Invacare Corporation
- Hill-Rom Holdings, Inc.
- Stryker Corporation
- Medline Industries, Inc.
- Drive DeVilbiss Healthcare
- Linde plc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Long Term Care Devices Market
Fragmented - Highly competitive market without dominant players
The Long Term Care Devices Market is growing steadily as more individuals require sustained medical assistance due to aging and chronic conditions. With longer life spans, there is a rising dependency on assistive tools that support independence and health management. Nearly 60% of individuals in long-term care settings rely on such devices, reflecting their essential role in enhancing daily functionality and reducing caregiver workload.
Widespread Use of Assistive and Monitoring Technologies
The use of mobility aids and remote health monitoring systems has expanded significantly. Tools like wheelchairs, hoists, fall alert devices, and health tracking monitors are now standard in many care facilities. Reports indicate that over 50% of these centers now utilize smart monitoring technologies, which help lower hospitalization rates and improve response times to health events.
Smart Innovations Driving Better Care
Technology is transforming long-term care through connected devices and intelligent automation. The introduction of wearables, remote diagnostics, and automated pill dispensers has led to a 45% improvement in measurable health outcomes in supported living environments. These solutions enhance safety, reduce human error, and provide real-time data for proactive intervention.
Chronic Disease Prevalence Sustaining Demand
The high incidence of chronic diseases continues to sustain demand for long-term care equipment. Over 65% of seniors have multiple chronic conditions that require regular supervision and assistance. Devices that aid in daily mobility, treatment adherence, and monitoring are becoming standard for maintaining independence and managing complex health needs at home or in care centers.
Adoption Barriers Linked to Cost and Usability
High costs and lack of ease-of-use remain significant challenges in the market. Older patients often find it difficult to adapt to complex technologies without support. Around 40% of potential users report hesitation due to insufficient training or unfamiliar interfaces, indicating a clear need for user-friendly design and better educational outreach to ensure accessibility and broader market penetration.
Long Term Care Devices Market Recent Developments
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In September 2023, Singapore Life Limited collaborated with the Agency for Integrated Care (AIC) and Homage to strengthen support for long-term care services in Singapore. This partnership aims to provide policyholders with improved access to personalized care solutions, enabling seamless coordination between financial protection and caregiving needs. The initiative reflects a broader push toward integrating insurance with holistic healthcare support.
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In May 2023, Omega Healthcare completed the acquisition of 18 skilled nursing facilities in West Virginia for USD 233 million. This strategic move is aimed at enhancing the company’s operational strength and expanding its footprint in the long-term care sector. The acquisition aligns with Omega’s commitment to delivering efficient and high-quality care across its growing network.
Long Term Care Devices Market Segment Analysis
In this report, the Long Term Care Devices Market has been segmented by Type, Therapeutic, Sevice, and Geography.
Long Term Care Devices Market, Segmentation by Type
The Long Term Care Devices Market has been segmented by Type into Therapeutic Devices, Diagnostic Devices and Mobility Assist Devices.
Therapeutic Devices
Therapeutic devices dominate the long term care devices market, comprising approximately 40% of the total share. These medical tools are pivotal for treating chronic conditions and supporting ongoing rehabilitation efforts, especially for elderly and disabled populations. From respiratory therapy machines to infusion pumps and physical therapy tools, the demand for these devices continues to rise. The shift toward personalized and home-based healthcare solutions is a major growth driver in this segment, reflecting a broader trend in long-term care strategies.
Diagnostic Devices
Diagnostic devices play a critical role in enabling timely monitoring and evaluation of long-term care patients. Representing nearly 25% of the market, this segment includes essential equipment such as blood pressure monitors, glucose meters, ECG machines, and other patient monitoring systems. These devices facilitate remote health tracking, reduce the frequency of hospital visits, and support early intervention — all crucial for managing long-term health conditions effectively. The growing use of connected, IoT-enabled devices has significantly enhanced the efficiency and appeal of diagnostic tools.
Mobility Assist Devices
Accounting for around 35% of the global market, mobility assist devices are vital for promoting independence among individuals with mobility limitations. This segment features wheelchairs, walkers, mobility scooters, and walking canes — all designed to support everyday movement and functionality. The rise in the elderly population, combined with continuous innovation in ergonomic and lightweight design, is driving the demand for these assistive solutions. As quality of life becomes a central focus in elder care, mobility aids are playing a more prominent role than ever before.
Long Term Care Devices Market, Segmentation by Therapeutic
The Long Term Care Devices Market has been segmented by Therapeutic into Home Respiratory Equipment, Insulin Delivery Equipment, Home IV Pumps, Home Dialysis Equipment and Other Therapeutic Equipment.
Home Respiratory Equipment
Home respiratory equipment forms a significant share of the therapeutic segment in the long term care devices market, contributing around 28%. Designed to support patients with chronic respiratory conditions like COPD, asthma, and sleep apnea, these devices include oxygen concentrators, nebulizers, and CPAP machines. With the rise in respiratory illnesses and the push for home-based care, the demand for this equipment continues to grow. Patients benefit from improved convenience and reduced hospital dependency, making this segment crucial in modern long-term care.
Insulin Delivery Equipment
The insulin delivery equipment sub-segment accounts for approximately 22% of the therapeutic market. These devices—ranging from insulin pens and syringes to advanced insulin pumps—are indispensable in the home-based management of diabetes, especially among aging individuals. Innovations in wearable insulin technology and smart delivery systems have significantly enhanced patient compliance and treatment outcomes. As diabetes becomes more prevalent worldwide, the role of home-based insulin therapy continues to expand rapidly.
Home IV Pumps and Dialysis Equipment
Together representing nearly 30% of the therapeutic segment, home IV pumps and dialysis equipment are key technologies enabling chronic care at home. IV pumps facilitate the safe and controlled delivery of medications, fluids, and nutrients, while home dialysis machines provide vital renal support for patients with kidney disease. These solutions minimize the frequency of hospital visits and promote greater comfort and autonomy for patients undergoing long-term treatment.
Other Therapeutic Equipment
Encompassing about 20% of the therapeutic devices market, other therapeutic equipment includes a broad range of devices such as TENS units, pain management systems, and rehabilitation tools. These products serve patients with chronic pain, musculoskeletal disorders, and recovery needs. As healthcare shifts toward more holistic and accessible care, the importance of this diverse sub-segment continues to grow, offering tailored solutions to a wide range of medical conditions.
Long Term Care Devices Market, Segmentation by Service
The Long Term Care Devices Market has been segmented by Service into Nursing Care, Hospice, Assisted Living Facilities, and Home Healthcare.
Nursing Care
Nursing care leads the service-based segmentation in the long term care devices market, accounting for approximately 40% of the total share. This category includes skilled nursing services such as medication administration, wound management, and rehabilitation support offered in both institutional and home settings. With an aging global population and a surge in chronic illnesses, the demand for professional medical care in long-term settings continues to grow. Nursing care is a cornerstone of patient-centered services, ensuring safety, medical oversight, and improved quality of life.
Hospice Care
Representing nearly 20% of the service segment, hospice care provides specialized support for patients facing terminal illnesses. The focus here is on comfort, pain management, and emotional support rather than curative treatment. Delivered either at home or in hospice centers, these services aim to uphold dignity and enhance quality of life during a patient’s final stages. As more families seek compassionate end-of-life care, the demand for hospice services has been steadily increasing.
Assisted Living Facilities
Contributing to about 25% of the market, assisted living facilities offer a unique blend of residential living, personal care, and medical assistance. These communities are ideal for seniors who are largely independent but need support with daily routines such as bathing, eating, or managing medications. The increasing shift toward community-based eldercare and the rising preference for socially engaging environments have accelerated the adoption of assisted living as a long-term care option.
Home Healthcare
Home healthcare makes up around 15% of the service segment and is gaining momentum due to its emphasis on cost-efficiency and patient comfort. This service includes clinical care, physiotherapy, and health monitoring provided in the convenience of one’s home. As the healthcare industry embraces decentralized care delivery, home healthcare is becoming a preferred solution for many families. It offers a viable alternative to institutional care, especially for patients with mobility limitations or those recovering from illness or surgery.
Long Term Care Devices Market, Segmentation by Geography
In this report, the Long Term Care Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Long Term Care Devices Market Share (%), by Geographical Region, 2024
North America
North America leads the long term care devices market by geography, capturing approximately 38% of the total share. This leadership is supported by a robust healthcare ecosystem, high government healthcare spending, and advanced medical technology infrastructure. The region's large aging population and increasing demand for home-based care solutions further drive market growth. In particular, the United States continues to dominate due to its expansive long-term care programs and technological innovation in patient care.
Europe
With a market share of about 28%, Europe remains a significant contributor to the long term care devices landscape. Countries such as Germany, France, and the United Kingdom are at the forefront, offering mature healthcare systems and a wide adoption of elder care policies. The presence of a large elderly demographic and public funding for long-term care support consistent growth. Additionally, the rise of digital health and remote care technologies is enhancing the regional market.
Asia Pacific
Holding nearly 20% of the market, Asia Pacific is the fastest-growing region in the long term care devices market. Key growth drivers include expanding healthcare access, a rising number of elderly individuals, and increasing public and private sector investments in healthcare infrastructure. Countries such as China, Japan, and India are experiencing strong demand for both therapeutic and mobility devices. The market outlook remains highly optimistic due to economic development and the gradual shift toward home care solutions.
Middle East & Africa and Latin America
Combined, Middle East & Africa and Latin America account for around 14% of the global market. Although these regions face challenges like limited healthcare funding and infrastructure, growing urban populations and increased focus on healthcare accessibility are paving the way for market expansion. Government and NGO initiatives to improve elder care services are expected to accelerate demand through the forecast period of 2021 to 2031.
Long Term Care Devices Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Long Term Care Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers:
- Rising Prevalence of Chronic Diseases
- Technological Advancements in Medical Devices
- Growing Preference for Home-Based Care
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Increasing Healthcare Expenditure - The consistent rise in healthcare spending is acting as a major catalyst for the growth of the long term care devices market. With aging populations and the growing prevalence of chronic illnesses, both public and private sectors are directing increased financial resources toward enhancing long-term care services. This trend is leading to broader adoption of essential equipment such as mobility aids, assistive devices, and remote monitoring technologies that support improved patient management and independence in non-hospital settings. Higher expenditure also enables healthcare systems to upgrade care delivery models, focusing more on patient-centric and home-based care.
Increased investment in healthcare infrastructure is encouraging innovation and the development of more advanced, user-friendly long term care solutions. These include smart devices with real-time data capabilities, automated assistance systems, and integrated platforms designed to streamline caregiver workflows. As funding grows, manufacturers are better equipped to meet demand through improved product portfolios, which in turn enhances accessibility and quality of care. This rise in healthcare expenditure not only supports sustained market expansion but also underscores a broader commitment to improving life expectancy and well-being among vulnerable patient populations.
Restraints:
- High Cost of Long-Term Care Devices
- Limited Accessibility in Developing Regions
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Concerns Regarding Product Safety and Quality - Product safety and quality concerns remain a critical challenge in the long term care devices market, especially given the vulnerable nature of the primary user base, which includes elderly and chronically ill patients. Instances of device malfunctions, inadequate durability, or non-compliance with established safety standards can lead to significant health risks, diminishing both patient trust and provider confidence. These issues often attract regulatory actions such as product recalls or restrictions, thereby slowing market adoption and deterring healthcare facilities from integrating certain devices into long-term care settings.
The lack of uniform quality across different manufacturers further exacerbates the problem, particularly in regions with cost-sensitive healthcare environments. Inconsistent product performance may lead to increased maintenance costs, safety incidents, or device replacement, undermining the overall effectiveness of care. As awareness of regulatory compliance and patient safety grows, the market is witnessing a stronger push for certified, high-quality devices that meet rigorous standards. Manufacturers are thus under mounting pressure to prioritize quality assurance, perform robust product testing, and align with international safety protocols to sustain credibility and competitiveness in this growing sector.
Opportunities:
- Expansion in Emerging Markets
- Development of Innovative and Customized Devices
- Rising Demand for Remote Monitoring Solutions
- Strategic Partnerships and Collaborations
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Focus on Personalized and Patient-Centric Care - The increasing emphasis on personalized and patient-centric care is creating promising opportunities for growth in the long term care devices market. As healthcare systems evolve toward individualized treatment approaches, there is a rising demand for devices that can be tailored to meet specific patient needs, preferences, and medical conditions. This shift is particularly important in long-term care, where patients often require continuous, customized support to manage age-related limitations, chronic diseases, or post-acute recovery.
Technological advancements are playing a crucial role in enabling this transformation. Devices integrated with smart sensors, remote monitoring capabilities, and adaptive interfaces allow for more accurate tracking of patient health and enable care adjustments in real time. Such innovations enhance the overall care experience, improve clinical outcomes, and empower patients to take a more active role in their own care. As a result, healthcare providers and caregivers are increasingly adopting intelligent systems that promote better engagement and tailored interventions.
The rise of home-based care models further amplifies the importance of personalized solutions. Long term care devices designed for in-home use, including wearables, automated mobility aids, and non-invasive monitoring tools, support patient independence while reducing hospital readmissions. These user-friendly and customizable technologies are reshaping long-term care delivery, making it more responsive and cost-efficient.
As governments and healthcare providers prioritize value-based care, the adoption of personalized and patient-focused devices is expected to accelerate. Manufacturers that invest in adaptable, user-centric product designs and data-driven functionality will be well-positioned to capture market share and meet the growing expectations of both patients and providers. This trend not only enhances quality of life for long-term care recipients but also strengthens the overall healthcare ecosystem.
Long Term Care Devices Market Competitive Landscape Analysis
Key players in Long Term Care Devices Market include:
- Abbott
- Medtronic Plc
- B. Braun Medical Inc.
- 3M
- Baxter
- F. Hoffmann-La Roche Ltd
- McKesson Corporation
- Medline Industries, LP.
- Fresenius Medical Care AG
- Cardinal Health
- GF Health Products, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Therapeutic
- Market Snapshot, By Service
- Market Snapshot, By Region
- Global Long Term Care Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Prevalence of Chronic Diseases
- Technological Advancements in Medical Devices
- Growing Preference for Home-Based Care
- Increasing Healthcare Expenditure
- Restraints
- High Cost of Long-Term Care Devices
- Limited Accessibility in Developing Regions
- Concerns Regarding Product Safety and Quality
- Opportunities
- Expansion in Emerging Markets
- Development of Innovative and Customized Devices
- Rising Demand for Remote Monitoring Solutions
- Strategic Partnerships and Collaborations
- Focus on Personalized and Patient-Centric Care
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Long Term Care Devices Market, By Type, 2021 - 2031 (USD Million)
- Therapeutic Devices
- Diagnostic Devices
- Mobility Assist devices
- Long Term Care Devices Market, By Therapeutic 2021 - 2031 (USD Million)
- Home Respiratory Equipment
- Insulin Delivery equipment
- Home IV Pumps
- Home Dialysis Equipment
- Other Therapeutic Equipment
- Long Term Care Devices Market, By Service, 2021 - 2031 (USD Million)
- Nursing Care
- Hospice
- Assisted Living Facilities
- Home Healthcare
- Long Term Care Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN(Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Long Term Care Devices Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott
- Medtronic Plc
- B. Braun Medical Inc.
- 3M
- Baxter
- F. Hoffmann-La Roche Ltd
- McKesson Corporation
- Medline Industries, LP.
- Fresenius Medical Care AG
- Cardinal Health
- GF Health Products, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market