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Recent News Stories Shows How The US Skilled Nursing Market Products Are Surviving In The Global Industry To 2028?

03-13-2023 04:35 PM CET | Health & Medicine

Press release from: Prudent Markets

US Skilled Nursing Market

US Skilled Nursing Market

The US Skilled Nursing Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global US Skilled Nursing market. This report explores all the key factors affecting the growth of the global US Skilled Nursing market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the US Skilled Nursing Market

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
Inflation has not been accounted for in order to estimate and forecast the market
Numbers may not add up due to rounding off

Research Objective:

To analyze and forecast the market size of US Skilled Nursing market
To classify and forecast US Skilled Nursing market based on application, drugs, project type, and application.
To identify drivers and challenges for US Skilled Nursing market
To examine competitive developments such as mergers and acquisitions, agreements, collaborations and partnerships, etc., in US Skilled Nursing market
To conduct pricing analysis for US Skilled Nursing market
To identify and analyze the profile of leading players operating in US Skilled Nursing market

Reason to Buy the Report:

Facilitate decision-making based on strong current and forecast data for US skilled nursing market
Develop strategies based on the latest regulatory framework
Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the US skilled nursing market
Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market shares and core competencies
We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

US Skilled Nursing Market Executive Summary

The US skilled nursing facility market size was estimated at USD 217.6 billion in 2020. Skilled nursing facilities (SNFs) provide high-quality care services at a much lower cost as compared to hospitals, generating tremendous demand among investors. The growing incidence of chronic diseases in the US, along with a large aging population base, is fuelling the market growth. According to the American Heart Association, about 83.6 million adults in the US suffer from one or more types of cardiovascular diseases, of which, about 42.2 million adults are estimated to be more than 60 years of age. US market is mostly driven by for-profit facilities, also more than 90% of overall skilled nursing facilities are dually Medicare and Medicaid certified

Market Size and Key Findings

The US skilled nursing market size is at around USD 71.6 billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period

The growing incidences of chronic conditions such as diabetes, paralysis, and hypertension and the rising geriatric population are factors expected to fuel the market over the next few years. In few years, the geriatric population over 65 has increased up to 9.0% out of which 14.3 majorities of adults above the age of 65 years suffered from chronic disease and need these facilities. Medicare and Medicaid availability and the growing technologies will play a driving role for the market in the coming years

Market Dynamics

Market Growth Drivers Analysis

Increasing Incidences of Various Chronic Diseases, aging population and Health awareness will drive demand for the SNF industry. Also, the Shift to value-based care, will continue to benefit low-cost, high-quality settings. Furthermore, Technological Developments, Health Insurance Reforms and Changes in Social Patterns are eventually helping the market to grow.

Market Restraint

Despite several drivers, high costs of skilled nursing care services, along with low acceptance of these services hinders the growth of SNF adoption and market growth to certain extent. Moreover, the institution of joint family, on the other hand, along with social stigma regarding nursing homes are some of the major challenges faced by the global skilled nursing care services market.

COVID-19 impact on "US Skilled Nursing

Industry facilities have been ravaged by the virus, as patients are typically elderly and often have underlying conditions. As a result, the Centres for Disease Control and Prevention has instituted extensive new rules for nursing homes. Revenue for the Nursing Care Facilities industry is expected to have fallen only slightly in 2020 amid the global COVID-19 (coronavirus) pandemic with the infusion of USD 4.9 billion in relief funds directly to skilled nursing facilities. The economic fallout associated with the pandemic is expected to make it more difficult for consumers to afford industry services as unemployment spikes and disposable incomes fall

Competitive Landscape

Key Players

The US Skilled Nursing study report will provide valuable insights with an emphasis on the US market including some of the key market players such as Brookedale senior living, SavaSeniorCare, Sunrise senior living, En Sign group, HCR Manor care, and Extendicare

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and revenue analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players

Notable Recent Deals

Some Acquisition and Partnership deals are:

Ensign Group, Inc acquired Tempe Post Acute, a 62-bed skilled nursing facility and Desert Marigold Senior Living of Tempe a senior living center with 72 assisted living beds and 90 independent living units; through the acquisitions Ensign expands its presence in Arizona
Symphony Care Network took over three skilled nursing and assisted living properties from Caretel Inns in Michigan Caretel Inns of Tri-Cities, Caretel Inns of Linden, and Applewood Nursing Center to operate as Symphony Tri-Cities, Symphony Linden, and Symphony Applewood, respectively
Generations Healthcare acquired Bradley Court with the acquisition Generations Healthcare broadens its ability to bring state-of-the-art skilled nursing to those most in need in the San Diego area

Healthcare Policies and Regulatory Landscape

Policy Changes and Reimbursement Scenario

According to the Medicare Payment Policy, the availability of reimbursement and favorable investment returns are boosting the growth of the market. More than 90% of SNFs are dually certified and Medicare covers 100 days of SNF care after an inpatient hospital stay of at least three days

Reimbursement rate pressures or the introduction of new payment systems are also impacting the market. The Centers for Medicare & Medicaid Services (CMS) implemented the Patient-Driven Payment Model (PDPM), a new system for categorizing SNF patients in a Medicare Part A stay. This new system is anticipated to decrease the emphasis on the volume of services and administrative burdens

To Know More About COVID-19 Impact On US Skilled Nursing Market @ https://www.prudentmarkets.com/sample-request/141750/

US Skilled Nursing Segmentation

By Facility:

Below mentioned two facilities are the pillars of US skilled nursing market which are widely used:

Freestanding segment
Hospital

By Ownership:

For-profit facilities
Non-profit facilities
Government facilities

From the above-mentioned, for-profit facilities account for the largest share and is expected to emerge as the fastest-growing segment over the forecast period

By Service Type:

Hospice
Home Healthcare
Assisted Living Facility
Skilled Nursing Facility

Prudent Markets provides attractive discounts that fit your needs. Customization of the reports as per your requirement is also offered. Get in touch with our sales team, who will guarantee you a report that suits your needs.

Speak To Our Analyst For A Discussion On The Above Findings, And Ask For A Discount On The Report @ https://www.prudentmarkets.com/discount-request/141750/

The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global US Skilled Nursing Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global US Skilled Nursing Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the US Skilled Nursing market
Chapter 2: Exclusive Summary - the basic information of the US Skilled Nursing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the US Skilled Nursing
Chapter 4: Presenting the US Skilled Nursing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the US Skilled Nursing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Any Questions? Feel Free To Enquire Here. We Will put you on the Right Path @ https://www.prudentmarkets.com/enquiry-request/141750/

Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

Customization of the Report:
This report can be customized to meet the client's requirements. Please connect with our sales team (sales@prudentmarkets.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements.

Get ready to Recognize the pros and cons of the regulatory framework, local reforms, and its effect on the Industry. Understand how the Leaders in Intelligent Network are keeping themselves one stage forward with our most up-to-date survey analysis.

In conclusion, the US Skilled Nursing Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

Contact Us:
Allan Carter
Andheri, Maharashtra, 400102
USA/Canada(Toll Free): 1800-601-6071
Direct Line: +91 83560 50278
Mail: sales@prudentmarkets.com
Web: www.prudentmarkets.com

About Us:
We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy.

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