Press release
Driving Innovation: Private Nursing Services Market - Future Growth, & Forecast to 2027
Research Dive
Private nursing services are the services provided to the client as per their requirement and convenience. Private nursing services are run by companies that provide quick access to treatments, choice of when the treatment should commence, along with providing an opportunity to select or change the professional. To avail the services, the client must pay a chargeable fee to the company or the hospital from where the professional has been selected. These services are mostly provided to clients, who have chronic health issues, by giving special attention to the geriatric people and kids and people suffering from serious damages in the outer and inner parts of the bodies.
Download Exclusive Free Sample Copy of the Report at: https://www.researchdive.com/download-sample/95
Increasing chronic diseases and rise in the number of nuclear families are anticipated to drive the private nursing care services market. At present, people prefer to stay in a nuclear family, and this is the biggest driving factor for the growth of private nursing services. Due to lesser number of family members in the nuclear family, it turns out to be a tough task to take care of the geriatric person in the family. A patient with chronic diseases needs special attention and it becomes difficult for the family members to keep an eye on the patient every time. Thus, it is predicted that the rise in the occurrences of deadly diseases will drive the private nursing services market.
The lack of skilled workers is one of the biggest restraints for the private nursing care services market. The market lacks trained professionals across the globe. According to the World Health Organization (WHO), it was estimated that there was a shortage of 4 million workers in the global health force, which mainly consisted of nurses and community healthcare worker. This mainly arises due to the lack of education, appropriate skill set and experienced professionals, causing a huge impact on the private nursing services market growth.
Depending on the service type, the market is further segmented into nursing care facilities, group care homes, retirement communities, and home healthcare providers. Retirement communities held the largest market share of 25.0% in 2018. The retirement communities segment was $208.6 billion in 2018 and is further projected to grow at a CAGR of 6.8% in the forecast. Increasing geriatric population and an increase in the number of nuclear families are predicted to drive the market for the service type segment in the private nursing services market.
Depending on the end use, the market is further divided into female nursing care and male nursing care. In 2018, female nursing care segment held the largest market share of 61.0%. Female nursing care is predicted to generate a revenue of $773.4 billion by 2026 with a CAGR of 5.4% in the forecast period. The market is majorly dominated by female nurses because female nurses more often than not are able to provide special care and attention to the patient. Moreover, patients prefer female nurses over male nurse. These factors are estimated to drive the end use segment in the private nursing services.
Connect with Our Analyst to Contextualize Our Insights for Your Business: https://www.researchdive.com/connect-to-analyst/95
Depending on the region the market is further segmented into Asia-Pacific, North America, Europe and LAMEA. In 2018, North America held the largest market share of 38.0%. North America is predicted to grow at a CAGR of 5.4% by generating a revenue of $483.5 billion by 2026. Favorable government regulations with regards to healthcare and rise in the geriatric population are predicted to give boost to this region. Asia Pacific accounted for the highest growth across the globe in the forecast period.
Asia-Pacific private nursing services market size is predicted to grow at a CAGR of 6.3% by generating a revenue of $300.2 billion by 2026. The presence of a large population having chronic diseases like blood pressure, asthma and diabetes is predicted to drive the market for the region.
The key players in the private nursing services market are Grand World Elder Care, Apollo Hospitals Enterprise Ltd., Columbia Asia, Trinity Health, CBI Health Group Inc., Kaiser Permanente, Brookdale Senior Living, Genesis Healthcare, Kindred Healthcare, LLC and The Ensign Group, Inc., among others.
Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US) Toll
Free : +1 -888-961-4454
Email: support@researchdive.com
LinkedIn: https://www.linkedin.com/company/research-dive
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive
Blog: https://www.researchdive.com/blog
Follow us on: https://covid19impactmarket.wordpress.com
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Driving Innovation: Private Nursing Services Market - Future Growth, & Forecast to 2027 here
News-ID: 2260600 • Views: …
More Releases from Research Dive
Electronic Data Management Market Expected to Rise Progressively by 2031 Due to …
The global electronic data management market is expected to witness significant growth by 2031, owing to the rising applications of electronic data management in the industrial sector. The North America region was the most dominant in 2021.
As per the report published by Research Dive, the global electronic data management market is projected to garner a revenue of $19,289.5 million and rise at a stunning CAGR of 12.2 % during…
Gastric Cancer Market Predicted to Make a Strong Comeback after the Pandemic Deb …
The global gastric cancer market is predicted to observe significant growth by 2031, owing to the increasing pervasiveness of gastric cancer among people worldwide. The Asia-Pacific region generated the highest market share in 2021.
As per the report published by Research Dive, the global gastric cancer market is envisioned to garner a revenue of $10,737.00 million and grow at a fascinating CAGR of 17.9% over the estimated timeframe from…
Off Grid Solar Market to Exhibit 12.3% CAGR and Generate $5,825.80 Million by 20 …
As per the report published by Research Dive, the global off grid solar market is predicted to generate a revenue of $5,825.80 million and grow at a stunning CAGR of 12.3% during the analysis timeframe from 2022 to 2031.
The global off grid solar market is predicted to witness prominent growth by 2031, owing to the increasing demand for electricity independence across the globe. The Asia-Pacific region garnered…
Roofing Materials Market to Garner a Revenue of $186.7 Billion and Exhibit a 4.3 …
As per the report published by Research Dive, the global roofing materials market is expected to register a revenue of $186.7 billion by 2031, at a CAGR of 4.3% during the forecast period 2022-2031.
The global roofing materials market is expected to grow primarily due to the growing need for waterproofing roofing materials. Re-roofing sub-segment is expected to flourish immensely. The Asia-Pacific region is predicted to grow at a high…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
