Canada Long-term Care Market

Canada Long-term Care Market Insights Forecasts to 2035

• The Canada Long-term Care Market Was Estimated at USD 30693.3 Million in 2024.
• The Market Size is Growing at a CAGR of 5.37% between 2025 and 2035.
• The Canada Long-term Care market is Anticipated to Reach USD 54586.7 Million by 2035.

According To a Research Report Published By Decisions Advisors & Consulting, The Canada Iong-term Care Market Size Is Anticipated To Hold USD 54586.7 Million By 2035, Growing At a CAGR Of 5.37% From 2025 to 2035. Future opportunities in the Canada long-term care market include expanding senior care facilities, integrating digital health technologies, home-based care services, personalized care programs, workforce development, and increasing demand due to an aging population.

Market Overview

Long term care in Canada seeks to address different services & facilities that support long term medical, personal & social care needs of the elderly as well as the chronically ill individuals requiring support in their daily living. Examples of this type of care include nursing homes, assisted living, and home-based long term care services.  The demand for long term care has grown with Canada’s rapidly ageing population, the growing incidence of chronic diseases, and increased expectations for quality care for seniors. The use of technology in long-term care through telehealth, remote monitoring, and electronic health records is helping to deliver services more effectively and efficiently. Government support, reimbursement rates that favour long-term care, increasing education on the health and\or wellness issues surrounding seniors & increasing involvement from the private sector and development of new care models focused on a person-centred and person-specific approach will continue to support the growth of long-term care in Canada.

Report Coverage

This research report categorizes the market for the Canada long-term care market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada long-term care market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada long-term care market.

Driving Factors

Aging population and chronic diseases drive long-term care demand.

The Canada long-term care market is driven by a rapidly aging population, rising prevalence of chronic illnesses, and increasing life expectancy. Growing awareness about senior health and well-being, along with supportive government policies and funding, fuels demand for quality care. Technological advancements such as telehealth, remote monitoring, and electronic health records enhance efficiency and service delivery. Additionally, increasing private sector participation, home-based care services, and patient-centered care models are contributing to sustained market growth across the country.

Restraining Factors

High costs and workforce shortages limit long-term care growth.

The Canada long-term care market faces restraints from high operational and staffing costs, workforce shortages, strict regulatory requirements, limited facility availability in some areas, and challenges in integrating advanced healthcare technologies.

Opportunities

Digital health and personalized care offer long-term growth opportunities.

Opportunities in the Canada long-term care market include expanding home-based and community care services, adopting advanced digital health solutions like telemedicine and remote monitoring, and developing specialized care programs for chronic diseases and dementia. Investment in modern, patient-centered facilities and workforce training can enhance service quality. Growing demand for personalized care, integration of AI and IoT technologies, and increased private sector participation offer significant growth potential, enabling providers to meet evolving needs of the aging population effectively.

Market Segmentation

The Canada long-term care market share is classified into service and payer.

• The nursing care segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Canada long-term care market is segmented by service into home healthcare, hospice, nursing care, assisted living facilities, and others. Among these, the nursing care segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Nursing care dominates due to high demand for skilled medical supervision, increasing chronic illnesses among the elderly, growing aging population, and preference for professional, round-the-clock healthcare support in long-term care facilities across Canada.

• The public segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Canada long-term care market is segmented by payer into public, private, and out-of-pocket. Among these, the public segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The public segment leads due to government funding, healthcare policies supporting elderly care, widespread accessibility of subsidized long-term care services, and increasing public expenditure on senior healthcare, ensuring affordability and driving sustained market growth across Canada.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada long-term care market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Diversicare Healthcare Services
• Atria Senior Living
• Home Instead
• Sonida Senior Living Inc
• Extendicare Inc
• Knight Therapeutics Inc
• Brookdale Senior Living Inc
• Life Healthcare Group Holdings Ltd

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Europe, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the Canada long-term care market based on the following segments:

Canada Long-term Care Market, By Service

• Home Healthcare
• Hospice
• Nursing Care
• Assisted Living Facilities
• Others

Canada Long-term Care Market, By Payer

• Public
• Private
• Out-of-Pocket

FAQ’s

Q: What is the Canada long-term care market size?

A: Canada long-term care market size is expected to grow from USD 30693.3 Million in 2024 to USD 54586.7 Million by 2035, growing at a CAGR of 5.37% during the forecast period 2025-2035. 

Q: What are the key growth drivers of the market?

A: The Canada long-term care market is driven by a rapidly aging population, rising prevalence of chronic illnesses, and increasing life expectancy.

Q: What factors restrain the Canada long-term care market?

A: High operational costs, workforce shortages, regulatory complexities, and limited infrastructure in certain regions restrain the growth of the Canada long-term care market.

Q: How is the market segmented by service?

A: The market is segmented into service into home healthcare, hospice, nursing care, assisted living facilities, and others.

Q: Who are the key players in the Canada long-term care market?

A: Key companies include Diversicare Healthcare Services, Atria Senior Living, Home Instead, Sonida Senior Living Inc, Extendicare Inc, Knight Therapeutics Inc, Brookdale Senior Living Inc, Life Healthcare Group Holdings Ltd.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs).