Global Formal Long-Term Care Workers at Home by Country

The 2023 data reveals that the United States holds a dominant position in the global market for formal long-term care workers at home, with significant workforce size compared to other countries. Although the U.S. saw a minor decline, Israel and Slovenia experienced substantial increases, with notable expansions in their workforce. Meanwhile, Estonia, Slovakia, and Ireland encountered reductions. Luxembourg and Portugal, despite smaller market sizes, exhibited moderate growth. Switzerland and the Netherlands maintained steady, albeit modest, increases. Overall, the compounded annual growth rate (CAGR) over the past five years indicates diverse trends across countries.

Future trends to watch in the global formal long-term care market include increased demand driven by aging populations, especially in developed nations, and technological advancements aiding homecare services. Efforts to address workforce shortages through immigration and training programs will likely be critical, with evolving care models and regulatory environments influencing market dynamics.