U.S. Post-acute Care Market - By Services (Inpatient Rehabilitation, Skilled Nursing, Home Health Agencies, Hospice Care, Long-term Care Hospitals), By Conditions (Amputations, Wound Management, Brain Injury, Spinal Cord Injury, Neurological Disorders), By Age (Elderly, Adult) & Global Forecasts, 2023-2032
U.S. Post-acute Care Market is poised to grow considerably during 2023-2032, due to the increasing penetration of post-acute care settings. Post-acute settings are the major area for cost containment. Post-acute care also supports the geriatric patient pool’s functional recovery, avoids early admission to a long-term care facility, and reduces needless hospital readmissions. As per credible sources, more than 40% of Medicare beneficiaries are discharged to a post-acute care setting to continue their recovery process.
It is noteworthy to mention that one strategy to improve outcomes for patients referred to post-acute providers is to build post-acute networks.
Overall, the U.S. post-acute care industry is segmented in terms of services, condition, age, and zone.
Based on services, the hospice care segment will be valued at over USD 79 billion by 2032. Increasing investments by private-equity firms in hospice facilities will favor the segment expansion. In addition, hospice care across the country has been increasing its suite of services to include home health care, palliative care, etc., which will also support the product growth.
By conditions, the amputations segment is slated to depict significant CAGR through 2032 owing to the increasing number of amputations in the country. According to credible sources, approximately 185,000 amputations happen yearly in the U.S., and the number is projected to grow substantially throughout the estimated timeframe.
Considering the age group, the adult (45–64 years) segment will showcase notable expansion during 2023-2032 as the elderly population increasingly depends on post-acute care facilities for a fast recovery after hospital discharge. In recent times, post-acute care services have emerged as a crucial variable in contemporary healthcare systems that have proven beneficial in maintaining the health of elderly patients.
According to the zonal purview, the West South Central zone will depict over 7% CAGR through 2032. The high regional share will be due to the increasing focus of the aging population towards post-acute care services. In addition, the presence of trained professionals and increased investments by the government for the adoption of the latest technologies will cater to high patient volumes in post-acute care centers across the zone. In addition, the surging prevalence of chronic cases across the state of the West South Central zone will also foster market progress during the estimated timeframe.
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