The forecast for the number of long-term care beds in the US indicates a gradual decline from 49.8 thousand in 2024 to 48.19 thousand by 2028. This represents a steady decrease year-on-year. In 2023, the number of long-term care beds stood at 50.25 thousand. Compared to the forecast for 2024, this shows a declining trend. The 5-year compound annual growth rate (CAGR) reinforces this downward trajectory, suggesting an average decline each year.

Future trends to watch for include:

Aging population dynamics influencing demand and supply of long-term care.
Innovation in home care technology reducing dependence on institutional care.
Policy changes that might impact funding or regulation of long-term care facilities.