The latest study on the Skilled Nursing Care Services market published by TMR offers a deep understanding of the various market dynamics such as the challenges, drivers, trends, and opportunities. The report further elaborates on the micro and macro-economic factors that are expected to shape the growth of the Skilled Nursing Care Services market during the forecast period (2019-2029).
The presented study elucidates the key indicators of market growth that includes a thorough analysis of the value chain, CAGR growth, and Porter’s Five Forces Analysis. This data will enable readers to understand the quantitative growth parameters of the global Skilled Nursing Care Services market.
This Skilled Nursing Care Services market report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2019 to 2029. For the purpose of this study, TMR has segmented the global Skilled Nursing Care Services market on the basis of product, application, and region:
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Analytical Insights Included in the Report
- Estimated revenue growth of the Skilled Nursing Care Services market during the forecast period
- Factors expected to aid the growth of the Skilled Nursing Care Services market
- The growth potential of the Skilled Nursing Care Services market in various regions
- Consumption, pricing structure, and adoption pattern of the Skilled Nursing Care Services
- Company profiles of leading players in the Skilled Nursing Care Services market
Skilled Nursing Care Services Market Segmentation Assessment
The growth prospects of the Skilled Nursing Care Services market in various regions are thoroughly analyzed in the report along with vital information such as the regulatory framework, political, and economic outlook of each region.
market segments, growth drivers, opportunities, trends, and challenges. The business strategies and strengths and weaknesses of major companies are also analyzed.
Global Skilled Nursing Care Services Market: Drivers and Restraints
A substantial increase in the geriatric population across the globe has strengthened the demand for skilled nursing care services worldwide. The increasing number of patients suffering from Alzheimer’s along with high incidence of dementia, a common form of Alzheimer’s, is one of the key factors fuelling the growth of global skilled nursing care services market. On a global scale, around 47.5 million people suffer from dementia, and 7.7 million new cases are reported each year, according to the World Health Organization (WHO). Moreover, ongoing research shows that an increase in conditions such as diabetes, stroke, high blood pressure, and other lifestyle factors has led to an increased incidence of Alzheimer’s, thereby driving the market for skilled nursing care services. On the contrary, high costs of skilled nursing care services, along with low acceptance of these services have been restraining the market.
Global Skilled Nursing Care Services Market: Regional Outlook
On the basis of geography, Asia Pacific, North America, Europe, and Rest of the World (RoW) are the key segments of the global skilled nursing care services market. North America holds the foremost position in the global skilled nursing care services market as an increased awareness about the significance of skilled nursing care services, infrastructural development, provision of reimbursement coverage, and a well-defined regulatory framework are driving the market’s growth. On account of the rising prevalence of diseases, the U.S. is the leading country in the North America market. Europe ranks second in the regional segment because of high healthcare expenditure coupled with elevated sense of awareness about these services.
It is expected that Asia Pacific will exhibit immense opportunities, with countries such as China, India, and Japan at the top. China and India has the largest geriatric population pool in the world. Furthermore, favorable factors such as beneficial government policies, an increase in disposable incomes of people, and improved healthcare facilities are stepping the growth up in these regions. The growth of medical tourism in Asia Pacific will also benefit the market for skilled nursing care services. The institution of joint family, on the other hand, along with social stigma regarding nursing homes, will be some of the major challenges faced by the global skilled nursing care services market. In the Rest of the World region, Argentina, Brazil, and Mexico will witness phenomenal growth. The African countries, on the other hand, will display a sluggish rate of growth due to unfavorable economic conditions in the region.
Companies Mentioned in the Report
Some of the key players operating in the global skilled nursing care services market are Lincare, Inc., Apria Healthcare Group Inc., Golden Living, Emeritus Corporation, Genesis Healthcare., Sunrise Senior Living Inc., Sun Healthcare Group Inc., Gentiva, Life Care Centers of America, Atria, Brookdale Senior Living, and Extendicare, Inc.
Global Skilled Nursing Care Services Market, By Type of Connectivity–
- Connected to hospital
- Connected to assisted living community
- Connected to both hospital and assisted living community
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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The Skilled Nursing Care Services market report focuses on major growth trajectories such as drivers, restraints, challenges and opportunities that will have a significant impact on the incontinence devices market growth in the forecast duration. Besides this, the report lists various segments of the market and the competitive landscape of the market with base and forecast figures and the estimated CAGRs. Adding to that, the list of significant players and their plan of action for drawing better revenues is available in the report. Furthermore, key industry developments and interesting insights into the market, along with current incontinence devices market trends, are also provided in the report.
The report aims to resolve the following doubts related to the Skilled Nursing Care Services market:
- What are the current trends that are dictating the growth of the Skilled Nursing Care Services market?
- What is the scope of innovation in the current Skilled Nursing Care Services market landscape?
- How will the recent amendments in the industrial policies in region 1 and region 2 affect the growth of the Skilled Nursing Care Services market?
- What is the projected value of the Skilled Nursing Care Services market in 2029?
- Which regional market is expected to witness the highest CAGR growth during the assessment period?
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