Over the five years to 2017, the need for services provided by nursing care facilities is expected to grow steadily along with revenue. During the five-year period, the continued aging of the population has spurred demand for industry services as the number of adults aged 65 and older is expected to increase. However, an unstable reimbursement model and changes implemented by healthcare reform have initiated a shift from nursing homes to at-home managed care and community care services. Since these services are completed at home, their growth represents a potential threat to industry operators. However, over the next five years favorable demographic trends are expected to outweigh potential impediments to growth, with revenue expected to increase.
This industry provides living quarters, inpatient nursing and rehabilitation services for people with a chronic illness or disability. Care is usually provided for an extended period to individuals who require help with day-to-day activities but do not need to be in a hospital.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.