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Stock impact report

Long-term Care Market To Reach USD 2.1 Trillion By 2032 | DataHorizzon Research [Yahoo! Finance]

Brookdale Senior Living Inc. (BKD) 
Last brookdale senior living inc. earnings: 2/18 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 20, 2024 (GLOBE NEWSWIRE) -- The rise in the aging population is expected to propel the need for long-term care services The long-term care market is witnessing significant growth driven by several key factors. One primary driver is the rapid aging of the global population, with the United Nations projecting that the proportion of older individuals will increase from 10% in 2022 to 16% by 2050. This demographic shift fuels a heightened demand for long-term care services, as older individuals often require assistance with daily activities and medical needs. Furthermore, the increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and neurological conditions is contributing to the expansion of the long-term care market. These conditions frequently require ongoing care and support, further driving demand for long-term care services. Technological advancements are also pivotal in driving market growth. Integrating digital Show less Read more
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