#U.S. Hospice Market Analysis
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U.S. Hospice Market: Trends, Drivers, and Future Outlook
The U.S. hospice marketis poised for significant growth, with an anticipated compound annual growth rate (CAGR) of around 8% during the forecast period. Hospice care, a specialized type of care for patients in the terminal phase of their life, emphasizes comfort and quality of life for patients and their families. The burgeoning demand for hospice care is driven by several factors, including the aging population and the rising prevalence of chronic diseases. This article delves into the key market drivers, segmentation, geographic trends, and major players shaping the future of the U.S. hospice market.
Key Market Drivers
1. Aging Population:
The demographic shift towards an older population is one of the primary drivers of the hospice market. The United States is experiencing a significant increase in the geriatric population. According to the United Nations World Population Ageing 2019 report, the 65+ population in the U.S. was 53.3 million in 2019 and is projected to reach 84.8 million by 2050. Older adults are more prone to life-limiting illnesses, thereby increasing the demand for hospice care.
2. Prevalence of Chronic Diseases:
Chronic diseases such as cancer, cardiovascular diseases (CVD), chronic respiratory diseases, and chronic kidney diseases are on the rise. Nearly half of the U.S. adult population has some form of CVD, and by 2035, more than 135 million adults, or 45.1% of the population, are expected to have CVD. Similarly, cancer remains a leading cause of death, with the World Health Organization (WHO) reporting around 2.09 million cases of lung cancer globally in 2018. The rising incidence of these chronic conditions necessitates enhanced hospice care services.
3. Shift towards Home Care:
There is a growing preference for home-based hospice care among patients and families. Home care settings offer a comfortable and familiar environment, personalized care, and a cost-effective alternative to long-term hospital stays. The Centers for Disease Control and Prevention (CDC) reported an increase in the number of hospice care agencies from 4,300 in 2016 to 4,500 in 2018, reflecting this trend.
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Market Segmentation
By Diagnosis:
The hospice market is segmented based on the diagnosis into cancer, cardiovascular diseases, chronic respiratory diseases, chronic kidney diseases, and others.
Cancer:
The cancer segment is expected to witness considerable growth due to the increasing number of cancer cases among the elderly population. Advancements in cancer treatments and surgeries further drive the need for hospice care to support patients during their final stages of life.
Cardiovascular Diseases:
The high prevalence of cardiovascular diseases contributes significantly to the hospice market, as patients with severe heart conditions often require end-of-life care.
By Provider:
The market is categorized by provider into hospitals & nursing homes, home care settings, and others.
Home Care Settings:
This segment is anticipated to grow substantially due to the preference for home-based care. Home hospice care allows patients to spend their final days in a familiar environment with their loved ones, supported by professional caregivers.
Geographic Trends
Geographically, the U.S. hospice market is analyzed across major states, including California, Texas, Florida, New York, and Pennsylvania.
California: California holds the largest market share due to its high number of healthcare facilities and treatment options. The states large and growing elderly population, combined with a high prevalence of chronic diseases, drives the demand for hospice care services. The presence of a significant number of hospitals and advanced medical infrastructure further bolsters the market in California.
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Conclusion
The U.S. hospice market is set for robust growth, driven by the aging population, increasing prevalence of chronic diseases, and the shift towards home-based care. With advancements in healthcare and a growing emphasis on quality of life for terminally ill patients, the demand for hospice services is expected to rise significantly. Major market players are continually innovating to meet this demand, ensuring that patients receive compassionate and comprehensive end-of-life care.
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Beyond Borders: The Palliative Care Market Offers Hope for Millions
The palliative care Market size equals US$ 13,087.9 million in 2022. Palliative care is providing patients with illnesses such as cancer, congestive heart failure (CHF), neurological disorders, chronic pulmonary obstructive disease (COPD), and others with symptomatic alleviation for symptoms such as nausea and vomiting, diarrhea, pain and anxiety, loss of appetite, and other symptoms. The overall demand for palliative care is projected to rise at a 7.3% CAGR between 2022 and 2032, or more than US$ 28,518.5 million at that time.
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Palliative Care Market: Overview
The need for palliative care in the world is anticipated to grow throughout the 2017–2027 forecast period as more people become aware of the medical, social, and psychological requirements of patients and their families facing life-threatening illnesses. According to WHO, cancer patients make up the majority of those getting hospice care..
Palliative Care Market: Region-wise Overview
Palliative care markets are categorized geographically into the following areas: North America, South America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East, and Africa. Due to its favorable insurance coverage and reimbursement for palliative care services, North America is anticipated to hold a larger market share in the worldwide palliative care industry. There are more pediatric palliative care facilities in Latin American nations like Mexico.
The Center to Advance Palliative Care (CAPC), UCLA Health, National Hospice and Palliative Care Organization, VITAS Healthcare, CHI Franciscan, University of Washington (UW Medical Center & UW Medicine), Seymour Health, KEHPCA (Kenya Hospices and Palliative Care Association), & others are some of the major companies and healthcare service providers in the global palliative care market.
In addition to analytical insights, facts, historical data, and statistically backed and industry-validated market statistics, the research study provides a thorough overview of the market. It also includes estimates made using appropriate methodology and assumptions. The research report offers information and analysis based on market segments, including industry, geography, and application.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Palliative Care Market: Segmentation
The global palliative care market has been classified on the basis of service type, end user and geography.
Based on service type, the global palliative care market is divided into following:
Private residence care
Hospice inpatient care
Hospital inpatient care
Nursing home and residential facility care
Others
Based on end user type, the global palliative care market is divided into following:
Hospitals
Home Care Settings
Palliative Care Centers
Long Term Care Centers & Rehabilitation Centers
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Key Segments Covered in the Palliative Care Industry Analysis
By Service Type:
Private Residence Care
Hospice Inpatient Care
Hospital Inpatient Care
Nursing Home and Residential Facility Care
Others
By End User:
Hospitals
Home Care Settings
Palliative Care Centers
Long-Term Care Centers & Rehabilitation Centers
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa(MEA)
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Home Healthcare Market Research, Size, Share & Trends Analysis Report, 2032
Market Scope
The Home Healthcare Market Size was assessed at USD 216.0 billion in 2021, and it is expected to rise from USD 246.1 billion in 2022 to USD 661.12 billion by 2030, representing a compound annual growth rate (CAGR) of 7.14% over the forecast period (2022- 2030).
Drivers and Restrains Impacting Home Healthcare Market
The rise of the global home healthcare market can be attributed to factors, such as; adoption of advanced technology in healthcare and diagnosis equipment and introduction of initiatives by governments to encourage home healthcare solutions. On the contrary, the home healthcare market is anticipated to face challenges and restraints owing to rising about patient safety and high healthcare costs. However, the expansion of the geriatric population in can support the market rise in years to come.
Segment Analysis of Home Healthcare Market
The home healthcare market segment study is based on product, software, and service.
By products, the segments of the home healthcare market study are screening, therapeutic and testing, and monitoring products. The segment of therapeutic and testing is sub-segmented into respiratory therapy equipment, dialysis equipment, insulin delivery devices, IV equipment, and wound care products among others. The segment of monitoring products is sub-segmented into event monitors, holter, sleep apnea monitors, pulse oximeters & heart rate monitors, blood pressure monitors, blood glucose monitors, and cholesterol monitoring devices among others.
By software, the home healthcare market study is segmented into hospice solutions, agency software, telehealth solution, and clinical management systems. The telehealth solution segment can rise at high growth pace over the years to come.
By services, the global home healthcare market research is segmented into unskilled care services, skilled nursing services, rehabilitation therapy services, respiratory therapy services, infusion pregnancy care services, and therapy services. The expansion of the respiratory therapy services to support market.
Regional Assessment of Home Healthcare Market
The growing concerns regarding authenticity and safety of treatment are encouraging innovations that can influence the home healthcare market expansion in different regions across the globe. The market research report reveals that companies in the global home healthcare market can be supported by new revenue sources that are utilized by key market players and the surging investment over the forecast term. The regional analysis of the market is spread across Europe, North America, and Asia-Pacific among other. As per market study, the home healthcare market is set to experience a tremendous growth across software, product, service, and region segments. The home healthcare market in North America region covers the United States, and Mexico and Canada. Businesses present in this regional market are profiled for their strategies and are presented in detail in this market report. The home healthcare market in the European region covers Germany, Italy, France, and the United Kingdom. Further, the market research report offers details on the APAC region that spans across China, Japan, India, Australia, and others. The market active across other parts of the world, such as; Middle East, Brazil, and Africa, others in the home healthcare market are also studied.
Competitive Landscape of Home Healthcare Market
Some reputed companies that are functioning in the home healthcare market include Abbott (U.S.), Koninklijke Philips N.V. (The Netherlands), Fresenius SE & Co KGaA (Germany), F. Hoffmann-La Roche AG (Switzerland), GE Healthcare (U.S.), A&D Company (Japan), B. Braun Melsungen AG (Germany), McKesson Corporation (U.S.), Omron Corporation (Japan), Becton Dickinson Company (U.S.), LG Electronics (South Korea), Medtronic PLC (U.S.), Apple (U.S.), Kinnser Software (U.S.), and 3M (U.S.) and others. Eminent players are engaged in launching new products and entering partnerships in the global market and to expand their consumer base.
The report offers vivid profiles on market players and study their current scenario in the market. History of companies coupled with their annual turnover, segmental share, profit margins, growth strategies, SWOT analysis, mergers and acquisitions (M&A) activities, new product launches, and R&D initiatives are discussed on a granular level.
The market report provides comprehensive analysis of the worldwide home healthcare market in segments that include service, product, region, and software. Analysts have also assessed the market's rise across several regional markets across different market’s segments on a country level. The research report of the home healthcare market highlights key segments that offers forecasts on the basis of primary and secondary data. The report on the global market of home healthcare presents key company profiles on organizations that are active across the several regions.
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Home Healthcare Software Market Growth, Segments, Demand and Forecast to 2030
Global Home Healthcare Software Market, By Equipment (Monitoring Equipment, Therapeutic Equipment, Mobility Assist, Others), Deployment (On-Premise, Web-based, Cloud based), Mode ( PC/Laptop, Handheld Devices/Smartphones), Service (Rehabilitation, Infusion Therapy, Respiratory Therapy, Pregnancy Care, Skilled Nursing, Palliative Care, Others), Software (Agency Software, Clinical Management Systems, Hospice Solutions Applications, Telehealth solutions), End User (Homecare Agencies, Hospice Care, Private Duty Agencies, Rehabilitation Centres/Therapy Centres) – Industry Trends and Forecast to 2030.
The consistent Home Healthcare Software market report analyzes many points that help businesses to solve the toughest questions in less time. The major topics of this business report are global growth trends, market share by manufacturers, market size by type, market size by application, production by region, consumption by region, company profiles, market forecast, value chain and sales channels analysis, opportunities & challenges, threat and affecting factors. The report gives market definition in the form of market driving factors and market restraints which helps estimating the demand of particular product depending on several aspects. Home Healthcare Software market survey report studies the global market status and forecast, categorizes the global market size, market value & market volume by key players, type, application, and region.
Key Players
Braun SE (Germany)
Medtronic (Ireland)
Davita Inc. (U.S.)
CARDINAL HEALTH (U.S.)
Sunrise Medical (U.S.)
General Electric Company (U.S.)
A&D Company, Limited (Japan)
BAYADA Home Health Care (U.S.)
Invacare Corporation (U.S.)
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One of the principal objectives of a high-ranking Home Healthcare Software industry report is to analyze and study the global sales, value, status, and forecast. The market report also analyzes the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. The report assists to define, describe and forecast the market by type, application and region. It estimates the region that is foretold to create the most number of opportunities in the global Home Healthcare Software market. This market research report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. An insightful Home Healthcare Software market report assists clients to stay ahead of the time and competition.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Home Healthcare Software Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market
Part 04: Global Market Sizing
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
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U.S. Hospice Market Research report focuses on competitive scenario and key strategies o top key players along with industry size, share, growth revenue, Regional highlights. It also covers detailed information on segments and sub-segments of industry, SWOT analysis for the main market players.
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Hospice Center Eliminates The Need For Hospitalization And Offers Balanced & Controlled Care Setting | Post COVID-19
The U.S. hospice market size is expected to reach USD 64.7 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.20% over the forecast period. The rising healthcare expenditure, awareness about the benefits of palliative and end-of-life care, and favorable reimbursements are some of the major growth drivers. According to the NHPCO, there were 4,639 Medicare-certified hospices in operation in 2018, up 13.4% from 2014. The demand for palliative and hospice services is growing with the increasing geriatric population and the number of patients with life-threatening conditions.
According to the NHPCO, 1.55 million Medicare enrollees got hospice care in 2018, increasing by 4% from 2017. As a result, the number of hospice centers in the U.S. is increasing. In the last decade, hospice care has grown swiftly and steadily across the U.S. Over 5,500 hospices in the country provide medical pain treatment, emotional support, and spiritual resources & therapies to patients in their final stage of life. The rising demand for remote patient monitoring coupled with technological advancements, such as tele-hospice, is anticipated to drive the market in near future. Moreover, there is a trend of adopting new technologies to provide care for various illnesses and injuries.
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U.S. Hospice Market Report For instance, in December 2019, Kindred Healthcare, LLC successfully implemented Netsmart Referral Manager (Netsmart) across LTAC hospitals. Netsmart is a centralized platform for automating the referral management process, contributing to time savings and better transparency for making informed admission decisions. The COVID-19 pandemic adversely affected operational goals and long-term projections of hospice businesses in the United States. This is due to a substantial decline in revenue caused by the reduction in referrals/admissions from hospitals. In the current situation, hospices have substantially adopted the technology. In the hospice sector, the usage of telehealth is growing, which is projected to provide growth opportunities for the market in the coming years.
#U.S. Hospice Market Analysis#U.S. Hospice Market Size#U.S. Hospice Market Share#U.S. Hospice Market Outlook#COVID-19 Impacts On U.S. Hospice Market#U.S. Hospice Market Latest Trends#Healthcare News
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U.S. Hospice Market Size, Current and Future Trends, Industry Growth and Forecast to 2026
The U.S. hospice marketsize is expected to reach USD 63.7 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 9.0% over the forecast period. Rising healthcare expenditure, awareness about the benefits of the hospices, and favorable reimbursements are some of the major growth drivers. According to the U.S. Centers for Medicare & Medicaid Services, the U.S. healthcare spending increased by 4.6% and reached USD 3.5 trillion in 2017. It is projected to reach USD 6.0 trillion by 2026.
According to the Centers for Disease Control and Prevention (CDC), the number of hospice care agencies in U.S. reached 4,500 by 2018 from 4,300 in 2016. According to the Hospice Demographic and Outcome Measures Report, the percentage of accredited hospices reached 63% in 2017. In addition, a substantial growth in the use of these benefits among the Medicare beneficiaries is anticipated to boost the market growth. According to the National Hospice and Palliative Care Organization, in 2017, USD 18 billion were spent by Medicare on hospice services.
Rising demand for remote patient monitoring coupled with technological advancements, such as tele hospice are anticipated to drive the U.S. hospice market in near future. Approximately 10,000 physicians are required in hospice and palliative care in U.S. Telemedicine technology is an ideal alternative to reduce this gap. Videoconferences with the help of laptops and iPads help physicians to offer optimal support and advice to caregivers or patients doubtful for treatment in emergency cases.
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U.S. Hospice Market Report Highlights
• By location, hospice center segment held the maximum market share in 2018 since it prevents the need for hospitalization and offers a more balanced and controlled care settings
• Home hospice care is anticipated to be the fastest-growing segment during the forecast period due to comfortable environment to the patient, favorable reimbursement, with constant care provided to the patient
• Routine home care segment accounted for the largest market share in 2018 owing to the factors, such as increased medical coverage, low cost of care, along with the access to quality care, companionship, family involvement, and constant attention to the patients
• Dementia segment dominated the U.S. hospice market in 2018 due to high prevalence and need for the care driven by increased mental impairment and dependency
• Few of the key market players include Kindred Healthcare, Inc.; Chemed Corporation; Amedisys, Inc.; LHC Group Inc.; Brookdale Senior Living Solutions; Senior Care Health Rehabilitation; Seasons Hospice & Palliative Care; Crossroads Hospice; AccentCare; and Curo Health Services
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Hospice Software Market Revenue, Status and Outlook, SWOT Study Key Manufacturers
According to this latest study, the growth in the Hospice Software market will change significantly from the previous year. Over the next six years, Hospice Software will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
The research study is the result of significant primary and secondary research undertaken by our highly skilled analyst team throughout the world. The market research focuses on industry characteristics, such as driving variables, in order to identify the fundamental drivers driving current market growth. The paper also analyzes market restrictions and possibilities to deliver high-growth categories. PESTEL analysis is used to examine key industry aspects such as macroeconomic and microeconomic factors in order to gain a holistic perspective of factors influencing the global Pure Hospice Software Market growth throughout the world. Complex methods, such as regression analysis and end-user sentiment analysis, are used to anticipate market growth.
Hospice software is a type of healthcare information technology that provides hospices with tools to manage the care process. An extensive analysis of this Hospice Software Market is completed to recognize the many applications of the qualities of merchandise and utilization. The report involves an explanation regarding the numerous facets linked to market involving data and market increase concerning technological advancements, production and the firm's revenue. Additionally, market risk factors inventions, market setting, economy restraints, and challenges on the market have been explored within the accounts.
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Leading Key Players Covered in Hospice Software market:
· HEALTHCAREfirst
· WellSky Home Health
· Careficient AMS
· DeVero
· Brightree Home Health and Brightree Hospice
· MedBillit
· Crescendo - Delta Health
· Optima Hospice (formerly Hospicesoft)
· Suncoast
· KanTime
· Kinnser Agency Manager (now WellSky Home Health)
· Homecare Homebase
· McKesson Homecare
· Netsmart Homecare
· HealthCare Assistant
· PROMISE
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Segmentation of Hospice Software market:
By Type:
· Cloud based
· On Premise
By Application:
• Smes
• Large Enterprise
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Geographic Segment Covered in the Report
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
Reasons to Purchase this Market Report:
· Market forecast analysis through recent trends and SWOT analysis
· Hospice Software Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
· Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
· Hospice Software Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
· Competitive environment related to the Hospice Software market share for key players, along with new projects and strategies that players have adopted over the past five years
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Long Term Care Market Pegged for Robust Expansion by 2031 | Type, Application, Scope & Key Companies | Sunrise Carlisle, LP, Atria Senior Living Group, Extendicare, Inc.
Global Long Term Care Market report from Global Insight Services is the single authoritative source of intelligence on Long Term Care Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Long-term care is a range of services and support for your personal care needs. Most long-term care is not medical care, but rather assistance with the basic personal tasks of everyday life, sometimes called “activities of daily living.” These tasks include bathing, dressing, eating, using the toilet, and moving from place to place. Long-term care can be provided at home, in the community, in assisted living or in nursing homes.
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Key Trends
There are several key trends in Long Term Care technology. One is the move towards electronic health records. This means that more and more of the medical information for patients in Long Term Care facilities will be stored electronically, making it easier for staff to access and share information. Another trend is the use of mobile technologies to improve communication and coordination between staff and patients. This includes the use of tablets and smartphones to send and receive information, as well as to access patient records.
Key Drivers
There are a number of key drivers of the long term care market. Firstly, the aging population is a key driver of demand for long term care services. As people live longer, the need for care services increases.
Secondly, the increasing prevalence of chronic conditions is also a key driver of demand for long term care services. As more people suffer from conditions such as diabetes and heart disease, they are more likely to need long term care services.
Market Segments
By Service Type
Home Health Care
Hospice
By Payer Type
Public
Private
By Region
North AmericaThe U.S.
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Key Players
Sunrise Carlisle, LP
Atria Senior Living Group
Extendicare, Inc.
Kindred Healthcare, Inc.
Genesis Healthcare Corp.
Brookdale Senior Living, Inc.
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10-year forecast to help you make strategic decisions
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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Home Healthcare Devices Market Size, Key Players, Industry Segments, Development, Opportunities, Forecast till 2026
Home Healthcare Devices Market Summary 2022-2030
Straits Research's latest report on, Home Healthcare Devices Market - Global Industry Overview and Forecast 2022-2030, highlights potential, risk factor Analyzes, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Home Healthcare Devices industry players. The global home healthcare market was valued around USD 250.56 billion in 2017 and expected to register CAGR of 11.9% in the forecast period. Home Healthcare Devices Market Size covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Home Healthcare Devices Market.
Competitive Landscape
Some of the prominent players operating in the Home Healthcare Devices market are Philips Healthcare (Netherlands), Almost Family Inc. (US), Kindred Healthcare (US), Linde Group (Germany), A&D (Japan), Amedisys (US), Fresenius (Germany), LHC Group (US), Omron (Japan), McKesson (US), BAYADA Home Health Care (US), Kinnser Software, Inc. (US), Abbott Laboratories (US), and Roche (Switzerland).
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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
This research also provides a dashboard view of prominent organizations highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Home Healthcare Devices Market: Segmentation
As a result of the Home Healthcare Devices market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Product, Testing, Screening, and Monitoring, Blood Pressure Monitors, Blood Glucose Monitors, Pulse Oximeters, Peak Flow Meters, Heart Rate Monitors, Fetal Monitoring Devices, HIV Test Kits, Sleep Apnea Monitors, Coagulation Monitors, Ovulation and Pregnancy Test Kits, Holter and Event Monitors, Cholesterol Monitoring Devices, Colon Cancer Test Kits, Home Hemoglobin A1c Test Kits, Drug and Alcohol Test Kits, ECG/EKG Devices, EEG Devices, Temperature Monitors, Hearing Aids, Pedometers, Therapeutic, Oxygen Delivery Systems, Nebulizers, Ventilators, Sleep Apnea Therapeutic Devices, Wound Care Products, IV Equipment, Dialysis Equipment, Insulin Delivery Devices, Inhalers, Other Therapeutic Products (Ostomy Devices, Automated External Defibrillators, and External Stimulation Devices), Mobility Care, Canes, Crutches, Mobility Scooters, Walkers and Rollators, Wheelchairs
By Service, Rehabilitation, Infusion Therapy, Unskilled Care, Respiratory Therapy, Pregnancy Care, Skilled Nursing, Hospice and Palliative Care
By Software, Agency Software, Clinical Management Systems, Hospice Solutions
By Type, Home Telehealth Monitoring Devices, Home Telehealth Services, Telehealth Software Solutions
The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2020 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
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The following are the report's key features:
It gives useful information on the Global Home Healthcare Devices Market.
Information for the years 2022-2030 is provided.
Market-related important factors are highlighted.
The latest technological innovations, government restrictions, and developments are presented.
This paper investigates advertising and marketing techniques, market trends, and analysis.
Growth projections and Analyzes by forecast 2030.
The statistical analysis of the market's leading competitors is Emphasize.
Home Healthcare Devices Market summary based on extensive study.
Other aspects of the report include:
Provides a complete review of important tactics in numerous firms, with an emphasis on corporate structure, R&D processes, localization strategies, manufacturing capabilities, sales, and performance.
Provides essential product portfolio information, including product planning, development, and positioning.
Analyzes the role of significant market participants, as well as their collaborations, mergers, and acquisitions.
The Table of Contents and Figures of the Full Report are available for your perusal Home Healthcare Devices Market Report with TOC
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Unveiling the Power of Data: Global palliative care Market
The Global palliative care Market size in 2022 is US$ 13,087.9 million. Palliative care includes symptomatic relief for nausea and vomiting, diarrhoea, pain and anxiety, loss of appetite, and other symptoms for patients with diseases like cancer, congestive heart failure (CHF), CNS disorders, chronic pulmonary obstructive disease (COPD), and others. Between 2022 and 2032, the total demand for palliative care is anticipated to increase at a 7.3% CAGR, or over US$ 28,518.5 million by that time..
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Palliative Care Market: Overview
The need for palliative care in the world is anticipated to grow throughout the 2017–2027 forecast period as more people become aware of the medical, social, and psychological requirements of patients and their families facing life-threatening illnesses. According to WHO, cancer patients make up the majority of those getting hospice care..
Palliative Care Market: Region-wise Overview
Palliative care markets are categorized geographically into the following areas: North America, South America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East, and Africa. Due to its favorable insurance coverage and reimbursement for palliative care services, North America is anticipated to hold a larger market share in the worldwide palliative care industry. There are more pediatric palliative care facilities in Latin American nations like Mexico.
The Center to Advance Palliative Care (CAPC), UCLA Health, National Hospice and Palliative Care Organization, VITAS Healthcare, CHI Franciscan, University of Washington (UW Medical Center & UW Medicine), Seymour Health, KEHPCA (Kenya Hospices and Palliative Care Association), & others are some of the major companies and healthcare service providers in the global palliative care market.
In addition to analytical insights, facts, historical data, and statistically backed and industry-validated market statistics, the research study provides a thorough overview of the market. It also includes estimates made using appropriate methodology and assumptions. The research report offers information and analysis based on market segments, including industry, geography, and application.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Palliative Care Market: Segmentation
The global palliative care market has been classified on the basis of service type, end user and geography.
Based on service type, the global palliative care market is divided into following:
Private residence care
Hospice inpatient care
Hospital inpatient care
Nursing home and residential facility care
Others
Based on end user type, the global palliative care market is divided into following:
Hospitals
Home Care Settings
Palliative Care Centers
Long Term Care Centers & Rehabilitation Centers
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Key Segments Covered in the Palliative Care Industry Analysis
By Service Type:
Private Residence Care
Hospice Inpatient Care
Hospital Inpatient Care
Nursing Home and Residential Facility Care
Others
By End User:
Hospitals
Home Care Settings
Palliative Care Centers
Long-Term Care Centers & Rehabilitation Centers
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa(MEA)
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Global Nursing and Residential Care Market is Driven by Surging Volume of Patients Suffering From Physical Disabilities
Data Bridge Market Research Adds “Global Nursing and residential care Market – Industry Trends and Forecast to 2028” new report to its research database. The report spread No of pages : 350 No of Figures: 60 No of Tables: 220 in it.
Nursing and residential care market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 8.80% in the above-mentioned forecast period.
Key Market Competitors Covered in the report
· Genesis HealthCare
· Kaiser Foundation Health Plan of Washington
· Brookdale Senior Living
· Kindred Healthcare, LLC
· The Ensign Group, Inc.
· Encompass Health Corporation
· Memorial Sloan Kettering Cancer Center
· ParaMed
· Bayshore HealthCare
· Canadian Back Institute Operating Limited Partnership
· EXTENDICARE
· BASIN HOME HEALTH & HOSPICE
· 3C Care Agency
· Manorcourt Homecare
· Able Community Care Ltd
· Care UK
· Helping Hands Home Care
· The Good Care Group
· Allied Healthcare
· Ark Care & Nursing Agency
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Analysis on the market gives us these points
To gain insights about the major regional insights in which the Nursing and residential care is flourishing.
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Nursing and residential care market Recent industry trends and developments
To describe and forecast the Nursing and residential care market, in terms of value, by process, product type, and industry.
Potential and niche segments/regions exhibiting promising growth
Global Nursing and Residential Care Market Scope and Market Size
Nursing and residential care market is segmented on the basis of service type, end user gender, and type of expenditure. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· Based on service type, nursing and residential care market is segmented into home health care providers, nursing care facilities, group care homes, and retirement communities.
· On the basis of type of expenditure, nursing and residential care market is segmented into public expenditure, and private expenditure.
· Nursing and residential care market has also been segmented based on the end user gender into female nursing care, and male nursing care, others.
Key Points mentioned in the report:
What was the market size in 2020?
What are the moves of key players?
Which region is leading the market at global level?
A comprehensive/competitive analysis of the market?
What the drivers and restrains are for the nursing and residential care market?
How will the market stand in the forecast period of 2021-2028?
Scope of the Nursing and Residential Care Market
Nursing and residential care market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
· All country based analysis of nursing and residential care market is further analyzed based on maximum granularity into further segmentation. Based on service type, nursing and residential care market is segmented into home health care providers, nursing care facilities, group care homes, and retirement communities. On the basis of type of expenditure, nursing and residential care market is segmented into public expenditure, and private expenditure. Nursing and residential care market has also been segmented based on the end user gender into female nursing care, and male nursing care, others.
· Nursing care refers to collaborative and autonomous care by trained individuals or nurses for individuals of all ages, classes, communities and families. They are competent practitioners who encourage wellbeing and avoid illnesses while help patients deal with disease and offer medical procedures to help patients. It is the duty of nurses to examine patients, provide prescriptions and therapies. Nurses also create nursing care plans and manage them and includes approaches of personalized care with more safety, convenience and comfort.
Key Pointers Covered in Nursing and Residential Care Market and Forecast to 2028
· Market Size
· Market New Sales Volumes
· Market Replacement Sales Volumes
· Market Installed Base
· Market By Brands
· Market Procedure Volumes
· Market Product Price Analysis
· Market Healthcare Outcomes
· Market Cost of Care Analysis
· Market Regulatory Framework and Changes
· Market Prices and Reimbursement Analysis
· Market Shares in Different Regions
· Recent Developments for Market Competitors
· Market Upcoming Applications
· Market Innovators Study
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U.S. Home Healthcare Services Market Share 2021 Industry Growth, Size, Overview, Trends | Forecast 2028
The US Home Healthcare Services Market size is expected to gain momentum by reaching USD 146.61 billion by 2028 while exhibiting a CAGR of 7.2% between 2021 to 2028. In its report titled "US Home Healthcare Services Market, 2021-2028," Fortune Business Insights mentions that the market stood at USD 85.10 billion in 2020.
Demand for affordable and accessible healthcare facilities is expected to drive market growth. Moreover, the U.S. government spends a considerable amount of its budget on healthcare facilities. For instance, the Center for Medicare & Medicaid Services report suggests that the national health expenditure grew by 4.6% and accounted for 17.7% of Gross Domestic Product (GDP). Besides, hospital expenditures grew by 6.2% in 2019, faster than the 4.2% growth recorded in 2018. Thus, increased spending by the government on the healthcare system will fuel market growth.
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List of Key Market Players Profiled:
Amedisys, Inc.
LHC Group Inc.
Encompass Home Health & Hospice
Brookdale Senior Living Solutions
Trinity Health at Home
Kindred Healthcare, LLC
AccentCare.
Bayada Home Healthcare
Other Prominent Players
Market Segmentation:
By type, the market for the U.S. home healthcare services is divided into physician care, nursing care, physical occupational & speech therapy, medical social services, and others.
Based on type, nursing care is expected to dominate due to increased demand for home healthcare services for people above 65.
The market is divided into public health insurance and private health insurance, and out-of-pocket based on payor.
Strong Infrastructural Capabilities of Home Care Services to Aid Growth in the Region
The US Home Healthcare Services Market stood at USD 85.10 in 2020 and is expected to showcase considerable growth during the forecast period. This is ascribable due to government support and increased infrastructure capability of home care services. For instance, in April 2021, the U.S. government announced an expenditure of USD 400 billion towards home care facilities for aging and disabled people. These home care facilities will be affordable and easily accessible to the needy.
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TOC of Report US Home Healthcare Services Market:
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Market Drivers
Market Restraints
Market Opportunities
Reimbursement & Regulatory Overview
Recent Industry Developments Mergers, Acquisitions & Partnerships
Ageing Population Statistics
Prevalence of Chronic Diseases
Number of Home Health Agencies
Impact of COVID 19 on the Market
Physician Care
Nursing Care
Physical, occupational, speech therapy
Medical Social Services
Others
Public Health Insurance
Private Health Insurance/Out of pocket
Kindred Healthcare
Amedisys Inc.
LHC Group Inc.
Encompass Home Health & Hospice
AccentCare
Brookdale Senior Living Solutions
Bayada Home Healthcare
Trinity Health at Home
Elara Caring
Other Prominent Players
Toc Continued…
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Global Skilled Nursing and Assisted Living Market 2021 With (COVID-19) Impact Analysis, Industry Demand, Top Trends, Forecast 2028 – By MRS
“A SWOT Analysis of Skilled Nursing and Assisted Living, Professional Survey Report Including Top Most Global Players Analysis with CAGR and Stock Market Up and Down.”
The global “Skilled Nursing and Assisted Living market” research report portrays a deep analysis of the global Skilled Nursing and Assisted Living market. The market value is calculated by analyzing the revenue (USD Million) and size (k.MT) of the global Skilled Nursing and Assisted Living market. The report covers the recent technological trends and key industry improvements of the Skilled Nursing and Assisted Living market. It also demonstrates the analysis of the restraints, new opportunities, and drivers of the global Skilled Nursing and Assisted Living market. The research report profiles the key players in the Skilled Nursing and Assisted Living market operating across the globe. The dominating players in the Skilled Nursing and Assisted Living market are Atria Senior Living Inc, Five Star Senior Living, Life Care Services, Golden Living, Sun Healthcare Group Inc., Genesis HealthCare, Gentiva, Brookdale Senior Living Solutions, Home Instead Inc, Kindred Healthcare Inc, Active Day/Senior Care Inc, Sunrise Senior Living LLC.
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The report covers a review of recent developments and volume of all market segments. It uses SWOT analysis to estimate the current Skilled Nursing and Assisted Living market trends. The report includes Porter’s five forces model to review the competitive landscape of the global Skilled Nursing and Assisted Living market.
The global Skilled Nursing and Assisted Living market research report covers the main product types and segments along with the analysis of the future Skilled Nursing and Assisted Living market trends. It also offers an important data on the existing and potential demands for the global Skilled Nursing and Assisted Living market. The report presents a demand for individual segment in each region. It demonstrates various segments Nursing care, Home care, Hospice care, Assisted living and sub-segments Hospital, Clinic, Assisted Living Community, Freestanding, Nursing home, Others of the global Skilled Nursing and Assisted Living market.
Read Detailed Index of full Research Study at:: https://www.marketresearchstore.com/market-insights/skilled-nursing-and-assisted-living-market-813329
The additional geographical segments are also mentioned in the empirical report.
North America: U.S., Canada, Rest of North America
Europe: UK, Germany, France, Italy, Spain, Rest of Europe
Asia Pacific: China, Japan, India, Southeast Asia, North Korea, South Korea, Rest of Asia Pacific
Latin America: Brazil, Argentina, Rest of Latin America
Middle East and Africa: GCC Countries, South Africa, Rest of Middle East & Africa
The Skilled Nursing and Assisted Living market report is an output of the deep analysis of the global Skilled Nursing and Assisted Living market. It also covers discussion with numerous key Skilled Nursing and Assisted Living industry participants making the report rich source of information. The report emphasizes outstanding players in the global Skilled Nursing and Assisted Living market along with their shares in the market. It also estimates the growth of the key market players during the projected time.
The global Skilled Nursing and Assisted Living market is classified on the basis of regions such as North America, Latin America, Middle East & Africa, Asia Pacific, and Europe. Most of the data in the global Skilled Nursing and Assisted Living market research report are represented in the form of pictures, tables, and graphs along with precisely proposed statistics.
Impact Of COVID-19
The most recent report includes extensive coverage of the significant impact of the COVID-19 pandemic on the Heated Jacket division. The coronavirus epidemic is having an enormous impact on the global economic landscape and thus on this special line of business. Therefore, the report offers the reader a clear concept of the current scenario of this line of business and estimates the aftermath of COVID-19.
There are 15 Chapters to display the Global Skilled Nursing and Assisted Living market
Chapter 1, Definition, Specifications and Classification of Skilled Nursing and Assisted Living, Applications of Skilled Nursing and Assisted Living, Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Skilled Nursing and Assisted Living, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, Skilled Nursing and Assisted Living Segment Market Analysis (by Type);
Chapter 7 and 8, The Skilled Nursing and Assisted Living Segment Market Analysis (by Application) Major Manufacturers Analysis of Skilled Nursing and Assisted Living ;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Nursing care, Home care, Hospice care, Assisted living, Market Trend by Application Hospital, Clinic, Assisted Living Community, Freestanding, Nursing home, Others;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Skilled Nursing and Assisted Living ;
Chapter 12, Skilled Nursing and Assisted Living Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, Skilled Nursing and Assisted Living sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Skilled Nursing Services Market Key Drivers, Constraints and Challenges – Future Market Insights
Market Analysis and Insight: Skilled Nursing Services Market
Skilled Nursing Services Market By Type of Connectivity (Connected to Hospital, Connected to Assisted Living Community, Connected to Both, Freestanding), Application (Man, Woman), (Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026.
Global skilled nursing services market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing awareness of the benefits associated with the adoption of skilled nursing services in providing better quality of health care.
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Market Definition: Global Skilled Nursing Services Market
Skilled nursing services are the services provided by highly trained professional nurses to patients in relation to wound dressings, monitoring the status of patients’ disease, rehabilitation, feeding, bathing, hygiene maintenance and other significant services. These services are provided by a professional service provider having a high volume of workforce of skilled nurses. These services are provided to healthcare facilities, hospitals, clinics or even for home care.
Competitive Analysis:
Global skilled nursing services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of skilled nursing services market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
Increasing prevalence of geriatric population globally is expected to propel the growth of the market
Growing volume of population suffering from dementia and Alzheimer’s disease is expected to boost the growth of the market
Increased volume of patients suffering from a variety of chronic diseases which has been related to cause a rise of Alzheimer’s is another factor driving the market growth
Market Restraints
Large levels of costs associated with these services is expected to restrict the growth of the market
Lack of preference and acceptance rate for these services is expected to hinder the growth of the market
Segmentation: Global Skilled Nursing Services Market
By Type of Connectivity
Connected to Hospital
Connected to Assisted Living Community
Connected to Both
Freestanding
By Application
Man
Woman
By Geography
U.S.
Canada
Mexico
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
Brazil
Rest of South America
South Africa
Rest of Middle East and Africa
Get Detailed Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-skilled-nursing-services-market
Key Developments in the Market:
In July 2019, Strategic Healthcare Programs, L.L.C. announced that they had enhanced their offerings with the introduction of “SHP for Skilled Nursing” software solution. SHP’s expertise in providing specialized solution for home, hospice and hospital facilities have been combined to provide high quality services for skilled nursing facilities. The software enables greater management capabilities and improvement of services
In November 2017, SABER HEALTHCARE GROUP announced that they had implemented their first telemedicine program developed in partnership with TeleCare Partners Group. This program will be deployed throughout their skilled nursing facilities helping patients attain physician care during all times from the comforts of their bed
Key Market Competitors:
Few of the major competitors currently working in the global skilled nursing services market are Strategic Healthcare Programs, L.L.C.; SABER HEALTHCARE GROUP; Golden LivingCenters; Genesis HealthCare; Sunrise Senior Living; Life Care Centers of America Corporate; Atria Senior Living, Inc.; Brookdale Senior Living Solutions; EXTENDICARE; Amedisys; HCR ManorCare; Benchmark Senior Living; AdventHealth; Northern Regional Hospital; Lake Regional Health System; Shannon Medical Center; American Senior Communities; Norman Regional Health System among others.
Research Methodology: Global Skilled Nursing Services Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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