Nursing Care Services Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

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Nursing Care Services Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

 

 

Global Nursing Care Services Market: By Type of Connectivity (Connected to assisted living community, Connected to hospital, Connected to assisted living community and hospital, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

 

Global nursing care services market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.

 

Market Outline: Nursing Care Services Market

Nursing care refers to autonomous or collaborative care of individuals of all group, families, communities, by skilled nurses. Nurses are trained to promote the health and prevent various diseases. Trained nurses provide assistance to patients in medical procedures and responsible for giving treatment and medicines. Nursing care approaches of personalized care with more convenience, safety, and comfort.

 

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Market Dynamics: Nursing Care Services Market

Increase in number of geriatric population coupled with rise in prevalence of various diseases such as Alzheimer’s disease and dementia are the key factors drive the global nursing care services market. Moreover, rise in persons with disabilities, high disposable income in developed countries, and collaboration between the insurance companies are expected to fuel the nursing care services market over the forecast years. However, high cost of services, low cost of service acceptance in underdeveloped countries, lack of reimbursement services are expected to restrain the growth of global nursing care services market over the forecast period.

 

Market Scope: Nursing Care Services Market

Nursing care services market is segmented on the basis of type of connectivity

Based on the type of connectivity, nursing care services market is segmented into the following:

·         Connected to assisted living community

·         Connected to hospital

·         Connected to assisted living community and hospital

·         Others

 

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Regional Analysis:  Nursing Care Services Market

Geographically, global nursing care services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America nursing care services market has a lucrative growth attributed to increase in the prevalence of neurodegenerative disorders such as Alzheimer’s and dementia, favorable reimbursement policies, and rise in disposable income are expected to boost the market. Europe nursing care services market has a prominent share attributed to increase in the workforce results to rise in demand for nursing services, rise in number of hospitals, and increase in healthcare expenditure witnessed to propel the market. Asia Pacific nursing care services market is anticipated to offer lucrative opportunities due to increase in geriatric persons in India, China, and Japan, increase in medical tourism in Asia Pacific countries, and increase in the healthcare expenditure in forecast years.

 

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Competition Assessment: Nursing Care Services Market

Some of the players in the global nursing care services market include:

·         Genesis Healthcare (U.S.)

·         Lincare Holdings, Inc. (U.S.)

·         Vitas Healthcare (U.S.)

·         Sunrise Senior Living Inc. (U.S.)

·         Apria Healthcare Group Inc. (U.S.)

·         HCR Manor Care, Inc. (U.S.)

·         Kindred Healthcare, Inc. (U.S.)

·         Brookdale Senior Living (U.S.)

·         Extendicare, Inc. (Canada)

·         Golden Living (U.S.)

·         IMMAC Group (Germany)

 

Notable Market Developments: Nursing Care Services Market

·         In December 2017, IMMAC Group acquired Beechfield Care for strengthening of its presence in Europe

 

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