Forecast: Long-term Care Beds in Hospitals in Spain

The long-term care bed capacity in hospitals in Spain has shown a gradual increase from 2013 to 2023. In 2023, the value stood at 2.39 thousand persons per thousand. This increment has been relatively steady despite minor fluctuations. The year-on-year variation over the past two years remained around 0.92% to 0.89%, indicating a consistent but slow rise. The CAGR over the last five years up to 2023 was approximately 1.03%, reflecting a moderate growth rate.

Looking forward, forecasts suggest that the number of long-term care beds will continue to rise, reaching 2.49 thousand persons per thousand by 2028. However, the average annual growth rate is expected to decrease slightly, with a forecast 5-year CAGR of 0.65% and an overall growth rate of 3.28% from 2024 to 2028.

Future trends to watch for include advancements in healthcare technology, possible reforms in healthcare policy, and demographic shifts such as an aging population which might influence the demand for long-term care facilities.

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