Nursing Care Facilities

Nursing Care Facilities

Global Nursing Care Facilities Market to Reach $1.7 Trillion by 2030
In the changed post COVID-19 business landscape, the global market for Nursing Care Facilities estimated at US$1.1 Trillion in the year 2022, is projected to reach a revised size of US$1.7 Trillion by 2030, growing at aCAGR of 5% over the period 2022-2030. Home Health Care, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$684.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Retirement Communities segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $303.4 Billion, While China is Forecast to Grow at 8.2% CAGR
The Nursing Care Facilities market in the U.S. is estimated at US$303.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$365.1 Billion by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 113 Featured) -

• Atria Senior Living Group
• Brookdale Senior Living
• Emeritus Corporation
• Extendicare
• Genesis Healthcare Corp.
• Genesis HealthCare Inc.
• Gentiva Health Services
• HCR ManorCare
• Home Instead Senior Care
• Kindred Healthcare
• Senior Care Centers of America
• Sunrise Senior Living

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