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Skilled Nursing Facility Market worth $357.83 billion by 2030, growing at a CAGR of 5.48% - Exclusive Report by 360iResearch
The "Skilled Nursing Facility Market by Type (Freestanding, Hospital), Ownership (For-Profit Facilities, Government Facilities, Non-Profit Facilities), Service - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Skilled Nursing Facility Market to grow from USD 246.29 billion in 2023 to USD 357.83 billion by 2030, at a CAGR of 5.48%.
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Skilled nursing facilities (SNFs) are centers dedicated to delivering comprehensive healthcare to individuals needing persistent nursing attention and supervision. These facilities are essential for patients transitioning from acute medical care or managing chronic conditions, providing 24-hour monitoring, various therapies (physical, occupational, speech-language), medication administration, and support with daily activities. They primarily assist two populations, including post-acute phase patients requiring rehabilitation post-hospitalization and long-term care residents with enduring health issues. Key growth drivers for SNFs include an aging demographic, advancements in medical technology, shifts in healthcare policies, and strategic hospital partnerships. However, SNFs face challenges such as strict regulatory requirements, workforce instability, escalating operational costs, and a rising preference for home-based care. Incorporating telemedicine, developing specialized care divisions, leveraging data analytics, and expanding to post-discharge home support is expected to provide market opportunities. SNFs should invest in workforce development, explore alternative service models, integrate advanced technologies for patient data management, and pursue research to enhance care protocols to foster growth and stay competitive.
Market Segmentation & Coverage:
This research report categorizes the Skilled Nursing Facility Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Freestanding and Hospital. The Freestanding is projected to witness significant market share during forecast period.
Based on Ownership, market is studied across For-Profit Facilities, Government Facilities, and Non-Profit Facilities. The Government Facilities is projected to witness significant market share during forecast period.
Based on Service, market is studied across Intensive Rehabilitation Therapy, Low & Medium Rehabilitation, and Medically Complex. The Intensive Rehabilitation Therapy is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Skilled Nursing Facility Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Skilled Nursing Facility Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Skilled Nursing Facility Market, highlighting leading vendors and their innovative profiles. These include Brookdale Senior Living Solutions, Cashmere Care Centre, Consulate HealthCare, EVERSANA, Genesis HealthCare, Good Samaritan Society, Life Care Centers of America, Osborn Health and Rehabilitation, ProMedica Senior Care, Radial Health Group, SavaSeniorCare Administrative Services LLC, Signature Healthcare, Sunrise Senior Living, LLC, The Ensign Group, Inc., and WoundCentrics LLC.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Skilled Nursing Facility Market, by Type
7. Skilled Nursing Facility Market, by Ownership
8. Skilled Nursing Facility Market, by Service
9. Americas Skilled Nursing Facility Market
10. Asia-Pacific Skilled Nursing Facility Market
11. Europe, Middle East & Africa Skilled Nursing Facility Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Skilled Nursing Facility Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Skilled Nursing Facility Market?
3. What is the competitive strategic window for opportunities in the Skilled Nursing Facility Market?
4. What are the technology trends and regulatory frameworks in the Skilled Nursing Facility Market?
5. What is the market share of the leading vendors in the Skilled Nursing Facility Market?
6. What modes and strategic moves are considered suitable for entering the Skilled Nursing Facility Market?
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Contact 360iResearch
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Opposite Phoenix Market City,
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India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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