Product Code: ETC8846955 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The nursing homes and long-term care facilities market in the Philippines is growing as more families seek professional care for elderly members. Traditional family-based caregiving is shifting toward institutionalized care due to lifestyle changes and urbanization. Private investors are developing modern care facilities that provide specialized services for individuals with chronic illnesses, disabilities, and age-related conditions. Government support for elderly care services is also increasing, encouraging the expansion of high-quality nursing home facilities.
The growing elderly population and changing family structures are key drivers of the nursing homes and long-term care facilities market in the Philippines. Traditionally, elderly care was provided within families, but urbanization and busy lifestyles have led to an increased preference for professional long-term care services. The expansion of healthcare insurance coverage and government incentives for elderly care facilities also support market growth. Additionally, foreign investments in senior care and the adoption of international standards in long-term care services are improving the quality and availability of such facilities in the country.
Nursing homes and long-term care facilities in the Philippines face challenges due to cultural preferences for family-based elder care, which limits the demand for institutionalized care. Additionally, there is a shortage of well-equipped nursing homes that meet international standards, making quality care difficult to access. High operational costs, coupled with limited government support and funding, further hinder the development of this sector. Staffing shortages, due to migration of healthcare workers, and the need for specialized geriatric care training add to the difficulties in providing consistent and high-quality services.
With an increasing elderly population and changing family structures, the demand for nursing homes and long-term care facilities is on the rise. Investors can explore opportunities in developing modern eldercare facilities, incorporating advanced healthcare technologies, and providing specialized geriatric care services. The market also presents potential in home-based long-term care services, rehabilitation centers, and partnerships with healthcare providers for integrated care solutions. Government support for elder care policies and private sector involvement further enhances the investment landscape in this growing market.
Government policies around nursing homes and long-term care facilities are centered on improving the quality of life for the elderly and other individuals requiring long-term care. The Department of Social Welfare and Development (DSWD) regulates nursing homes to ensure they comply with health and safety standards. The government has also passed legislation like the Expanded Senior Citizens Act, which provides benefits and privileges for elderly residents in long-term care facilities, ensuring that they receive appropriate care. Additionally, the government promotes public-private partnerships to expand the infrastructure of nursing homes and care facilities across the country, making them more accessible to a larger portion of the population.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Nursing Homes and Long-Term Care Facilities Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Nursing Homes and Long-Term Care Facilities Market - Industry Life Cycle |
3.4 Philippines Nursing Homes and Long-Term Care Facilities Market - Porter's Five Forces |
3.5 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume Share, By Mode of Delivery, 2021 & 2031F |
4 Philippines Nursing Homes and Long-Term Care Facilities Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Nursing Homes and Long-Term Care Facilities Market Trends |
6 Philippines Nursing Homes and Long-Term Care Facilities Market, By Types |
6.1 Philippines Nursing Homes and Long-Term Care Facilities Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By EHR, 2021- 2031F |
6.1.4 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By eMAR, 2021- 2031F |
6.1.5 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By Payroll Management, 2021- 2031F |
6.2 Philippines Nursing Homes and Long-Term Care Facilities Market, By Mode of Delivery |
6.2.1 Overview and Analysis |
6.2.2 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By Web-Based, 2021- 2031F |
6.2.3 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By On-Premises, 2021- 2031F |
6.2.4 Philippines Nursing Homes and Long-Term Care Facilities Market Revenues & Volume, By Cloud-Based, 2021- 2031F |
7 Philippines Nursing Homes and Long-Term Care Facilities Market Import-Export Trade Statistics |
7.1 Philippines Nursing Homes and Long-Term Care Facilities Market Export to Major Countries |
7.2 Philippines Nursing Homes and Long-Term Care Facilities Market Imports from Major Countries |
8 Philippines Nursing Homes and Long-Term Care Facilities Market Key Performance Indicators |
9 Philippines Nursing Homes and Long-Term Care Facilities Market - Opportunity Assessment |
9.1 Philippines Nursing Homes and Long-Term Care Facilities Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Nursing Homes and Long-Term Care Facilities Market Opportunity Assessment, By Mode of Delivery, 2021 & 2031F |
10 Philippines Nursing Homes and Long-Term Care Facilities Market - Competitive Landscape |
10.1 Philippines Nursing Homes and Long-Term Care Facilities Market Revenue Share, By Companies, 2024 |
10.2 Philippines Nursing Homes and Long-Term Care Facilities Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |