Global Nursing Care Market (2021-2027) by Type, Type of Expenditure, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Nursing Care Market is estimated to be USD 1,137 Mn in 2021 and is expected to reach USD 1,594.68 Mn by 2027, growing at a CAGR of 5.86%.
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.
The Global Nursing care Market is segmented further based on Type, Type of Expenditure, and Geography.
By Service Type, the market is classified as Home Health Care Providers, Nursing Care Facilities, Orphanages & Group Homes, and Retirement Communities. Amongst all, the nursing care facilities are estimated to hold the highest market share.
By End-user, the market is classified as Male and Female. Amongst the two, the female segment is estimated to hold the highest market share
By Type of Expenditure, the market is classified as Public and Private. Amongst the two, the private expenditures are estimated to hold the highest market share.
By Geography, North America is projected to lead the market.
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
Some of the key players operating in the global skilled nursing care services market are Golden Living, Emeritus Corporation, Genesis Healthcare., Sunrise Senior Living Inc., LifeCare Centers of America, Brookdale Senior Living, and Extendicare, Inc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
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, Infogence’s proprietary competitive positioning tool.
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