U.S. Post-acute Care Market Size By Services (Inpatient Rehabilitation Facilities [IRF], Skilled Nursing Facilities [SNFs], Home Health Agencies [HHAs], Hospice Care, Long-term Care Hospitals [LTCHs]), By Conditions (Amputations, Wound Management, Brain I

U.S. Post-acute Care Market Size By Services (Inpatient Rehabilitation Facilities [IRF], Skilled Nursing Facilities [SNFs], Home Health Agencies [HHAs], Hospice Care, Long-term Care Hospitals [LTCHs]), By Conditions (Amputations, Wound Management, Brain Injury, Spinal Cord Injury, Neurological Disorders), By Age {Elderly (65 years & older), Adult (45-64 years)}, Industry Analysis Report, Regional Outlook, Growth Potential, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2022- 2028

The U.S. post-acute care market is estimated to register substantial gains by 2028 on account of the expanding elderly population base.

Post-acute care ensures fewer readmissions of patients into hospitals as they are closely monitored for any complications in their conditions, increasing the chances of early detection and treatment of recurring problems. Increasing focus of post-acute care facilities to enhance their patient offerings to reduce the cost of care by eliminating the need for readmission has fueled industry uptake. Growing funding from private equity investors has accelerated the development of the market over the past few years.

Notably, industry players have been implementing various strategic initiatives to gain a strong foothold in the evolving marketplace, which has favorably impacted the overall business outlook. For instance, in October 2021, CareCentrix, Inc., a major home-centered platform, announced that it had received a significant investment from Walgreens Boots Alliance, a leading retail pharmacy chain. The strategic funding was intended to bolster Walgreens’s home care and post-acute care capabilities.

The U.S. post-acute care market has been segmented on the basis of age, services, condition, and region. In terms of services, the market has further been bifurcated into long-term care hospitals (LTCHs), inpatient rehabilitation facilities (IRF), hospice care, skilled nursing facilities (SNFs), home health agencies (HHAs), and others.

The skilled nursing facilities (SNFs) sub-segment is set to grow at a CAGR of around 4% over the analysis period to reach a significant valuation by the end of 2028. This growth is attributed to the presence of skilled healthcare professionals and better treatment facilities in SNFs.

From the condition perspective, the U.S. post-acute care market has been categorized into neurological disorders, amputations, spinal cord injury, wound management, brain injury, and others. In 2021, the neurological disorders sub-segment was valued at more than USD 85 billion and is projected to expand at a robust pace over 2022-2028. Rising prevalence of neurological disorders, such as epilepsy, multiple sclerosis, and others, is anticipated to drive segmental growth in the coming time period.

With respect to age, the market has been divided into adult (45 to 64 years), elderly (65 years and older), and others. The U.S. post-acute care market size from the adult (45 to 64 years) sub-segment is speculated to progress at a CAGR of approximately 5% through the assessment timeline owing to the availability of wide varieties of post-acute services at low cost for the adult population base.

Based on region, the U.S. post-acute care market spans the geographies of Pacific Central, East North Central, Mountain States, West North Central, South Atlantic, West South Central, North East, and East South Central. The North East post-acute care market accounted for a sizable market share of nearly 26% in 2021 and is expected to develop at a sturdy pace through the forecast period.