Nursing Education Market – By Educational Offerings (Degree Programs, Certificate/Diploma Programs, Specializations), Mode of Education (On-campus, Online), Institution Type (Public Institutions, Private Institutions), Gender & Forecast, 2024 – 2032

Nursing Education Market – By Educational Offerings (Degree Programs, Certificate/Diploma Programs, Specializations), Mode of Education (On-campus, Online), Institution Type (Public Institutions, Private Institutions), Gender & Forecast, 2024 – 2032

Nursing Education Market Size

Nursing Education Market size was valued at USD 8.8 billion in 2023 and is anticipated to witness growth at a CAGR of 4.3% between 2024 and 2032, driven by the rising demand for healthcare services coupled with increasing globalization and collaboration with international institutes.

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As the global population ages, there is an increased demand for healthcare services to address age-related health issues and chronic conditions. For instance, according to National Council of Aging (NCOA) research in 2024, nearly 95% of adults 60 and older have at least one chronic condition, while nearly 80% have two or more. Nurses play a crucial role in providing care to elderly patients, including managing medications, monitoring vital signs, and assisting with daily activities. Thus, there is a growing need for qualified nurses, driving demand for nursing education programs.

Additionally, globalization and collaboration with international institutions has made it easier for nursing institutions to access a wide range of educational resources, including online learning materials, research publications, and collaborative tools. Through digital education platforms and virtual networks, students and faculty can engage with global experts, participate in webinars and conferences, and access educational resources from around the world. Therefore, expanding the potential market for nursing education.

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Nursing education includes academic and practical training programs designed to prepare individuals for careers in nursing. It involves a comprehensive curriculum that integrates theoretical knowledge, clinical skills, and professional competencies to equip students with the necessary skills and qualifications to practice in diverse healthcare settings.
Nursing Education Market Trends

• The healthcare industry is facing a growing demand for nursing professionals due to factors such as an aging population, rising prevalence of chronic diseases, and expanded access to healthcare services.
• As the demand for healthcare services continues to outpace the supply of skilled nursing professionals, there is an urgent need to increase the number of nurses in various healthcare settings.
• For instance, according to a report published by the International Council of Nurses in 2021, an estimated 13 million nurses will be needed to fill the global nurse shortage gap by 2030.
• The shortage of skilled nursing staff exacerbates this demand, creating opportunities for individuals to pursue nursing education to fill vacant positions in hospitals, clinics, long-term care facilities, home healthcare and other healthcare settings.
• Additionally, many experienced nurses are reaching retirement age, leading to a wave of retirements in the nursing workforce. As these nurses exit the workforce, there is a need to replace them with new graduates who have completed nursing education programs.
• Nursing education institutions play a crucial role in training the next generation of nurses to ensure continuity of care and prevent gaps in healthcare staffing, driving the market growth.

Nursing Education Market Analysis

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Based on educational offerings, the market is segmented into degree programs, certificate/diploma programs, and specializations. The degree programs segment held a significant market share of 67.8% in 2023.

• Degree programs, such as Bachelor of Science in Nursing (BSN) and Associate Degree in Nursing (ADN), serve as the primary pathways for individuals to become registered nurses. The availability and capacity of these programs directly affect the number of nursing graduates eligible to obtain registered nurse (RN) licensure and enter the workforce.
• For instance, according to the University of St. Augustine for Health Sciences, in 2021, there were almost 4.2 million RNs and 950,000 licensed practical nurses (LPNs) in the U.S. As graduation programs expand or contract in response to market demand, workforce projections for RNs are influenced accordingly.
• Additionally, in response to evolving healthcare needs and industry standards, there is a growing trend toward increasing the proportion of BSN-prepared nurses in the workforce. Many healthcare organizations and professional associations advocate for a higher percentage of BSN-educated nurses to enhance patient outcomes, promote interprofessional collaboration, and address population health needs, thereby fueling the growth of this segment.

Based on mode of education, the nursing education market is classified into on-campus and online. The on-campus segment accounted for a dominant market share and was valued at USD 6.7 billion in 2023.

• On-campus nursing education programs offer a traditional learning environment where students attend classes, labs, and clinical rotations in physical facilities provided by educational institutions. This traditional approach to education has been widely adopted and established as the standard mode of learning for nursing students.
• These programs provide students with hands-on learning opportunities in simulated laboratory settings and clinical environments. These experiences allow students to practice nursing skills, engage in interactive learning activities, and collaborate with faculty and peers under the guidance of experienced educators.
• Additionally, many nursing education programs offered on-campus are accredited by professional nursing organizations and regulatory bodies, ensuring that they meet rigorous standards of quality and excellence in nursing education. Graduates of accredited on-campus programs are well-prepared to meet licensure requirements and pursue careers in nursing practice, education, research, and leadership roles, contributing to the market growth.

Based on institution type, the nursing education market is classified into public institutions and private institutions. The private institutions segment accounted for a dominant market share and was valued at USD 5.4 billion in 2023.

• Private institutions frequently invest in state-of-the-art facilities, simulation labs, and clinical training resources to provide students with hands-on learning experiences. These institutions prioritize the integration of technology and modern teaching methods, creating an environment conducive to student success and skill development.
• Additionally, these institutions often have the flexibility to tailor their nursing programs to meet the evolving needs of the healthcare industry. They can quickly adapt to changes in technology, healthcare policies, and industry standards, offering innovative curriculum offerings that attract students seeking cutting-edge education.
• Furthermore, private institutions frequently form partnerships with healthcare providers, industry leaders, and professional organizations to enhance their nursing programs. These partnerships facilitate clinical placements, internship opportunities, research collaborations, and job placement assistance, providing students with valuable real-world experience and networking opportunities, thereby fueling segment growth

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Based on gender, the nursing education market is categorized into male and female. The female segment is projected to reach USD 10.8 billion by 2032.

• Nursing has traditionally been viewed as a female-dominated profession due to historical gender norms and societal expectations. As a result, women have historically comprised the majority of nursing students, reflecting longstanding patterns of gender representation in the field.
• Additionally, nursing is often associated with caregiving, nurturing, and empathy, which are stereotypically feminine attributes. Many women are drawn to nursing as a career path because it aligns with their innate caregiving instincts and desire to make a positive difference in the lives of others.
• Furthermore, nursing offers diverse career opportunities, job stability, and competitive salaries, making it an attractive career choice for many women. The healthcare industry continues to experience a high demand for qualified nurses, creating ample job prospects and opportunities for career advancement in various healthcare settings.

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North America nursing education market size in 2023 was valued at USD 3.1 billion and is predicted to grow at a CAGR of 3.8% over the analysis timeframe.

• In North America, there is a strong demand for skilled nurses due to an aging population, increasing prevalence of chronic diseases, and advancements in healthcare technology. As a result, educational institutions across North America offer comprehensive nurse education programs, ranging from diploma and associate degree programs to bachelor's and master's degrees in nursing.
• Additionally, institutes in the region often leverage innovative teaching methods, simulation technology, and clinical partnerships to provide students with hands-on learning experiences and real-world exposure. With a focus on quality education and workforce readiness, North America remains a key player in the global nurse education market.

U.S. nursing education market is anticipated to grow at a CAGR of 3.7% to reach USD 4 billion by the end of the forecast timeframe.

• The U.S. boasts a significant market share in the nurse education market, fueled by its large and diverse healthcare system, robust academic infrastructure, and high demand for nursing professionals.
• Nursing education in the U.S. encompasses a wide range of programs offered by universities, colleges, and vocational schools, catering to aspiring nurses at various academic levels and career stages.
• Additionally, the U.S. is known for its rigorous accreditation standards, licensure requirements, and professional development opportunities for nurses, ensuring high-quality education and competency-based training.
• With a focus on preparing graduates to address evolving healthcare needs and deliver patient-centered care, the U.S. remains at the forefront of nurse education and workforce development on a global scale, thereby propelling the growth of this market.

France nursing education market is projected to grow remarkably in the coming years.

• Nursing education in France is characterized by its blend of traditional values, technological advancements, and a holistic approach to care.
• French nurse education programs prioritize evidence-based practice, interdisciplinary collaboration, and cultural competency to prepare graduates for diverse roles in healthcare delivery, education, and research.
• With a commitment to fostering compassionate, competent, and culturally sensitive nurses, France continues to play a prominent role in shaping the future of nursing education in Europe and beyond, further enhancing the market for these courses in the country.

Japan is experiencing high market growth in the nursing education market.

• Japanese nursing schools and universities offer a wide range of programs, including undergraduate and graduate degrees in nursing, as well as continuing education and professional development opportunities for practicing nurses.
• Additionally, Japan's nurse education programs emphasize clinical skills, critical thinking, and lifelong learning, equipping graduates with the knowledge and competencies to address complex healthcare challenges and contribute to positive patient outcomes.
• With a strong commitment to excellence and innovation in nursing education, Japan remains a key player in the global healthcare workforce landscape.

Nursing Education Market Share

The nursing education industry is marked by the presence of numerous established and emerging institutions worldwide, each offering a diverse array of educational programs tailored to aspiring nurses. These institutions engage in competitive strategies focused on enhancing the quality of their educational offerings.

Nursing Education Market Institutes

Prominent institutions operating in the nursing education industry include

• AIIMS, Delhi
• Duke University
• Jamia Hamdard
• Johns Hopkins University
• Kings College London
• Midamerica Nazarene University School
• NYU Rory Meyers College of Nursing
• The University of Tokyo
• The University of Wollongong
• University of California
• University of Manchester
• University of Maryland School of Nursing

Nursing Education Industry News

• In April 2024, King’s College London nursing program ranked 2 in the world for sixth consecutive year by QS World University Rankings. This achievement solidifies the institution's standing in the international academic arena and also presents lucrative opportunities for brand recognition and student acquisition.

The nursing education market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments

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Market, By Educational Offerings

• Degree programs
• Certificate/Diploma programs
• Specializations

Market, By Mode of Education

• On-campus
• Online

Market, By Institution Type

• Public institutions
• Private institutions

Market, By Gender

• Male
• Female

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa