Press release
The Growing Demand For Private Nursing Services Driven By The Rise In Chronic Diseases: A Key Driver Powering Private Nursing Services Market Growth In 2025
Private Nursing Services
What Is the Current Private Nursing Services Market Size and Its Estimated Growth Rate?
The market size for private nursing services has seen robust growth in the past few years. The market size, set to expand from $550.23 billion in 2024 to $595.28 billion in 2025, is expected to achieve a compound annual growth rate (CAGR) of 8.2%. This growth during the historic period can be linked to factors such as a rise in chronic illnesses, a growing number of employed adults, an increase in cases needing post-surgical care, a surge in chronic care facilities, and the escalating prevalence of obesity.
Expansion is anticipated in the private nursing services market sector, with a projected growth to $807.07 billion by 2029, marked by a compound annual growth rate (CAGR) of 7.9%. Factors such as an uptick in surgical procedures worldwide, an aging population, escalating healTH*Care costs, growing awareness about private nursing services, and increased demand for customized care contribute to this anticipated growth. The forecast period is expected to witness key trends like technological innovation, integration of telehealth, home care technology advancements, value-based care frameworks, and the application of machine learning.
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How Are Emerging Segments Shaping the Private Nursing Services Market Landscape?
The private nursing services market covered in this report is segmented -
1) By Service Type: Medical Care, Non-Medical Care
2) By Gender: Female, Male
3) By Medical Condition: Pediatric Care, Chronic Disease Management, Post Operative Services, Elderly Care, Other Medical Conditions
4) By Payment Model: Insurance Covered Services, Subscription Based Services, Fee For Service, Other Payment Models
Subsegments:
1) By Medical Care: Skilled Nursing Care, Post-Surgical Care, Wound Care Management, Medication Administration, Chronic Disease Management
2) By Non-Medical Care: Personal Care Assistance, Companionship Services, Housekeeping And Meal Preparation, Transportation Services, Respite Care
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Which Growth Factors Are Influencing Private Nursing Services Market Expansion?
The surge in chronic illnesses is anticipated to boost the advancement of the private nursing services industry. The rise in chronic diseases is a global issue, mainly caused by an aging population, lifestyle choices, and environmental impacts. Private nursing services provide reliable care and foster a robust relationship between patient and nurse, which enables successful management of chronic diseases, and enhances overall health results. For instance, a report by the American College of Cardiology, a US-based medical association, estimates in August 2022 that the four key cardiovascular risk factors in the United States will see an upswing from 2025 to 2060. Diabetes is predicted to see the most significant proportional increase, with a 39.3% rise to 55 million individuals, followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Thus, the growing instances of chronic illnesses is propelling the expansion of the private nursing services industry.
Who Are the Dominant Players Across Different Private Nursing Services Market Segments?
Major companies operating in the private nursing services market are Trinity Health, Memorial Sloan Kettering Cancer Center, Kaiser Permanente, Genesis HealTH*Care Inc., The Ensign Group Inc., Brookdale Senior Living Inc., LHC Group Inc., Bayshore HealTH*Care, Maxim HealTH*Care Services, Aveanna HealTH*Care, Care UK, CBI Health Group Inc., Extendicare Inc., Helping Hands Home Care, Columbia Asia, Able Community Care, ParaMed, Homage LLC, St. Augustine Health Ministries, NurseRegistry, Alliance Homecare, Grand World Elder Care
What Are the Latest Developing Trends in the Ambulatory X-Ray Devices Market?
Leading businesses in the private nursing services market are striving to differentiate themselves by creating novel services. These may include offerings that allow for the delivery of healTH*Care to children both at home and in school. Such services encompass regular health supervision, instant care during emergencies, and cooperation with healTH*Care providers to manage prolonged ailments and promote overall wellness. For example, Always Compassionate Home Care (ACHC), a home health care service enterprise based in the US, disclosed the initiation of its new pediatric division in March 2022. This division is dedicated to furnishing specialized medical assistance to children between birth and 23 years of age with complicated healTH*Care needs. This initiative goes beyond the standard levels of healTH*Care and ensures children get top-quality services designed for their distinct needs.
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Which Geographic Regions Are Expected to Dominate the Private Nursing Services Market in the Coming Years?
North America was the largest region in the private nursing services market in 2024. The regions covered in the private nursing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Private Nursing Services Market?
2. What is the CAGR expected in the Private Nursing Services Market?
3. What Are the Key Innovations Transforming the Private Nursing Services Industry?
4. Which Region Is Leading the Private Nursing Services Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the private nursing services market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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