The density of long-term care beds in the US is forecasted to decline from 810.0 per 1,000 persons aged 65+ in 2024 to 670.0 by 2028. This reflects a steady decrease year-on-year: a 4.94% drop from 2024 to 2025 and successive declines of 3.90%, 5.41%, and 4.29% in subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -4.65%.
Future trends to watch for include:
- An aging population potentially increasing demand despite diminishing bed density.
- Advancements in home healthcare reducing dependency on traditional long-term care facilities.
- Policy changes impacting funding and operation of care facilities.
