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The long-term care (LTC) market size is forecast to increase by USD 394.8 billion at a CAGR of 3.21% between 2023 and 2028. Market growth by various factors, notably the escalating demand for long-term care spurred by an aging population and the rising prevalence of chronic conditions such as cardiovascular disease. Governments allocating larger healthcare budgets further stimulate growth, enabling enhanced infrastructure and service provision. Additionally, there's a burgeoning emphasis on infection prevention and patient safety, driving demand for innovative solutions and technologies. The integration of mHealth and mobile applications into healthcare systems supports these efforts by offering more accessible and efficient patient management tools. With healthcare systems prioritizing these aspects, the market witnesses increased investment and adoption of advanced practices and products. The confluence of these factors creates a fertile ground for expansion, fostering the development of new methodologies and approaches to cater to evolving healthcare needs. As the industry evolves to address these challenges, it paves the way for sustained growth and improved standards of care for patients worldwide.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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