Insights on the Nursing Care Global Market to 2025 - by Type, Type of Expenditure and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Nursing Care Market (2020-2025) by Type, Type of Expenditure, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Nursing Care Market is estimated to be USD 1,076.8 Mn in 2020 and is expected to reach USD 1,414.02 Mn by 2025, growing at a CAGR of 5.6%.
Market Dynamics
Key factors, such as the rising prevalence of diseases along with a growing geriatric population are driving the growth of the nursing care market. Moreover, the need for an efficient healthcare delivery service is likely to support the market growth further.
However, the lack of reimbursements for nursing care followed by the high cost of healthcare is restraining the growth of the global nursing care market. Besides, the lack of skilled professionals is also restraining the global nursing care market. A rise in personalized care would develop an opportunity for the growth of the global nursing care market.
Recent Developments
1. Genesis HealthCare has acquired Sun Healthcare Group Inc. The latter provides skilled nursing facilities, assisted and independent living centers, and behavioral health centers in 23 states in the US.- 4th December 2020
2. Kindred Healthcare, LLC is adding acute inpatient rehabilitation units (ARUs) within the Company's long-term acute care hospitals. The new ARUs will provide intensive, interdisciplinary clinical and rehabilitation services along with 24/7 nursing care. - 16th June 2020
Why buy this report?
- The report offers a comprehensive evaluation of the Global Nursing Care Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using IGR Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Market Dynamics
Drivers
- Increasing prevalence of various diseases coupled with an ageing population
- Need for an efficient healthcare delivery service
Restraints
- Lack of reimbursements
- High cost of services
- Lack of skilled professionals
Opportunities
- Technological advancements
- Rise in the demand for personalized care services
Challenges
- Inadequate staffing levels
- Rise in the home healthcare sector
Companies Mentioned
- Emeritus (Brookdale)
- Genesis Healthcare
- Life Care Centers for America
- Kindred Healthcare (Humana and PE firms)
- Extendicare
- Apria Healthcare Group Inc. (Blackstone Group)
- Golden Living
- Sunrise Senior Living Inc
- Brookdale Senior Living
- Gentiva (Kindred Healthcare)
- Lincare (Linde)
- CVS Caremark
- Amedisys, Inc.
- Infinity HomeCare (Amedisys Inc)
- Vintage Senior Living
- Kaiser Permanente
- The Ensign Group, Inc.
- EHHI Holdings, Inc.(HealthSouth Corporation)
- Memorial Sloan Kettering
- Bayshore HealthCare
- CBI Health Group
- Trinity Health
- Ambercare (Addus HomeCare)
For more information about this report visit https://www.researchandmarkets.com/r/vy809f
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