Press release
Nursing Care Market Emerging Trends and Business Opportunities by 2030 | COVID-19 Implications And Growth
Nursing Care Market
The global nursing care market is expected to grow from $1010.1 billion in 2019 to $1058.6 billion in 2020 at a compound annual growth rate (CAGR) of 4.9%, despite the economic slowdown across countries owing to the pandemic outbreak. This is mainly because of the huge demand for nursing care providers including emergency medical service personnel, nurses, nursing assistants, physicians, trainees, and contractual staff, who are at the frontline tackling COVID-19 virus and providing care for coronavirus patients across the world. There is a rise in demand for home health-care workers comprising nurses, therapists and personal care aides for the most vulnerable population. The market is then expected to grow at a CAGR of 7% from 2021 and reach $1374.9 billion in 2023.
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The nursing care market consists of sales of nursing care and related goods by entities (organizations, sole traders and partnerships) that provide home health care and residential nursing care. This industry includes establishments that provide home healthcare services, nursing care facility services, personal services, counselling services, vocational therapies, rest home services, social services, and nutritional services.
Integrated care services are being offered by many organizations in this industry to increase revenues by offering additional services. Integrated care offers a wide variety of medical care at various levels of intensity including transitional hospital care, short-term rehabilitation, home health, hospice, palliative care and personal home care assistance, allowing the health care companies to provide services to the patients in a range of settings. Home health care service providers, such as Kindred Healthcare, are providing home integrated care services which are being adopted by patients.
Nursing Care Market Segmentation: -
By Type
Home Health Care Providers
Retirement Communities
Nursing Care Facilities
Orphanages & Group Homes
By End User Gender
Male
Female
By Type of Expenditure
Public
Private
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Nursing Care Market Characteristics
4. Nursing Care Market Product Analysis
5. Nursing Care Market Supply Chain
......
21. Key Mergers And Acquisitions In The Nursing Care Market
22. Market Background: Healthcare Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the Nursing Care Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Nursing Care Market are Genesis Healthcare; Kaiser Permanente; Brookdale Senior Living; Kindred Healthcare; The Ensign Group, Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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