- Connected to assisted living community
- Connected to hospital
- Connected to assisted living community and hospital
Nursing Care Services Market was expected to grow at a CAGR of 5.3% during CAGR 2021 to 2027. Nursing care refers to autonomous or collaborative care of individuals of all groups, families, communities, by skilled nurses. Nurses are trained to promote health and prevent various diseases. Trained nurses provide assistance to patients in medical procedures and are responsible for giving treatment and medicines. Nursing care approaches of personalized care with more convenience, safety, and comfort. In the forecast period of 2020 to 2027, increasing concern for better healthcare, rising prevalence of diseases such as diabetes and cancer, rising healthcare awareness, and the long-term care system are some of the factors projected to fuel the growth of the nursing care market. On the other hand, the expanding number of hospitals and increased individualized care would create various opportunities for the nursing care industry to grow within the time period specified. However, a lack of reimbursements for nursing care and the high cost of healthcare would serve as limitations on the nursing care services market expansion over the forecast period. Team nursing, primary nursing, and progressive patient care are all part of the nursing care concept. Throughout the duration, primary nursing involves thorough and personalized care from the same nurse. Progressive patient care is a method of classifying patients based on the severity of their sickness rather than their medical specialty. Consumerism, staff mix, human development, economics, different demographics, politics, technology, and client acuity are all significant factors to consider when providing nursing care.
Fastest Growing Market
Increase in number of geriatric population coupled with rise in prevalence of various diseases such as Alzheimerâ€™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.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.