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  • Published In : Mar 2024
  • Code : CMI6806
  • Pages : 150
  • Formats :
      Excel and PDF
  • Industry : Healthcare IT
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The global skilled nursing facility market is estimated to be valued at USD 380.11 Bn in 2024 and is expected to exhibit a CAGR of 8.9% during the forecast period (2024-2031). The skilled nursing facility market has seen steady growth in recent years. As the population continues to age globally, the demand for long-term care and rehabilitation services for seniors and people with disabilities has increased substantially. Skilled nursing facilities, also known as nursing homes or care homes, provide various health care services to those who require assistance with daily activities or have complex medical needs that cannot be addressed at home. These facilities house residents for either short or long-term stays and employ medical professionals like physicians, nurses, and therapists to care for patients. With rising life expectancies and the growing number of aging baby boomers worldwide, the demand for skilled nursing facilities and associated services is expected to continue climbing in the coming decades.

Market Dynamics:

The skilled nursing facility market is driven by factors such as the aging population demographic globally, rising prevalence of chronic diseases requiring long-term care, higher rates of disability among the elderly, development of specialized facility services, and growing willingness to pay for quality care. However, constraints, such as high costs of nursing home care, shortage of skilled nursing professionals, and stringent regulatory policies, challenge the market growth. Opportunities for market expansion lie in areas like home healthcare services, technologically-advanced equipment and monitoring solutions, and customized care packages tailored to patient preferences. The COVID-19 pandemic emphasized the crucial role of skilled nursing facilities as frontline responders while also posing operational and financial challenges through increased costs and restrictive policies.

Key Features of the Study:

  • This report provides an in-depth analysis of the global skilled nursing facility market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global skilled nursing facility market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study includes Consulate Health Care, Atria senior living, HCR ManorCare, The Riverview Care Center, Kindred Healthcare, LLC, ProMedica Senior Care, Erickson Living, Ensign Group, Fundamental healthcare, Signature healthcare, Genesis HealthCare, Life Care Centers of America, Trilogy Health Services LLC, Saber Healthcare Group, Providence Group, and Life Care Services.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global skilled nursing facility market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global skilled nursing facility market.

Detailed Segmentation-

  • Facility Type:
    • Hospital 
    • Freestanding
  • Ownership:
    • Government
    • Profit
    • Non-Profit
  • Service Offered:
    • Physical Therapy 
    • Occupational Therapy
    • Speech-language Pathology Services
    • Medical Social Services
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles:
    • Consulate Health Care
    • Atria senior living
    • HCR ManorCare
    • The Riverview Care Center
    • Kindred Healthcare, LLC
    • ProMedica Senior Care
    • Erickson Living
    • Ensign Group
    • Fundamental healthcare
    • Signature healthcare
    • Genesis HealthCare
    • Life Care Centers of America
    • Trilogy Health Services LLC
    • Saber Healthcare Group
    • Providence Group
    • Life Care Services

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Facility Type
      • Market Snapshot, By Ownership
      • Market Snapshot, By Service Offered
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Recent Developments
    • Acquisitions and Partnerships Scenario
    • Technology Overview
    • Regulatory Scenario
    • Pricing Analysis
    • PEST Analysis
  4. Global Skilled Nursing Facility Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overall Impact
    • Government Initiatives
    • COVID-19 impact on the market
  5. Global Skilled Nursing Facility Market, By Facility Type, 2019 – 2031, (USD BN)
    • Overview
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 – 2031
      • Segment Trends
    • Government 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Freestanding 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
  6. Global Skilled Nursing Facility Market, By Ownership, 2019 – 2031, (USD BN)
    • Overview
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 – 2031
      • Segment Trends
    • Government 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Profit 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Non-Profit 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
  7. Global Skilled Nursing Facility Market, By Service Offered, 2019 – 2031, (USD BN)
    • Overview
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 – 2031
      • Segment Trends
    • Physical Therapy  
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Occupational Therapy 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Speech-language Pathology Services 
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Medical Social Services
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
    • Others
      • Overview
      • Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD BN)
  8. Global Skilled Nursing Facility Market, By Region, 2019 – 2031, (USD BN)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019–2031
      • Regional Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD BN)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Facility Type, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Ownership, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Service Offered, 2019 - 2031, (USD BN)
      • Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD BN)
        • North Africa
        • Central Africa
        • South Africa
  9. Competitive Landscape
    • Company Profiles
      • Consulate Health Care
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • Atria senior living
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • HCR ManorCare
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • The Riverview Care Center
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Kindred Healthcare, LLC
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • ProMedica Senior Care
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Erickson Living
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Ensign Group
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Fundamental healthcare
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Signature healthcare
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Genesis HealthCare
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Life Care Centers of America
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Trilogy Health Services LLC
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Saber Healthcare Group
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Providence Group
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Life Care Services
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  10. Analyst View
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  11. References and Research Methodology
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 24 market data tables and 34 figures on "Skilled Nursing Facility Market” - Global forecast to 2031

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