Post-acute Care Market - By Services (Inpatient Rehabilitation Facilities, Skilled Nursing Facilities, Home Health Agencies, Hospice Care, Long-term Care Hospitals), By Conditions (Amputations, Wound Management, Neurological Disorders), By Age & Forecast to 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPost-acute Care Market - By Services (Inpatient Rehabilitation Facilities, Skilled Nursing Facilities, Home Health Agencies, Hospice Care, Long-term Care Hospitals), By Conditions (Amputations, Wound Management, Neurological Disorders), By Age & Forecast to 2032
Post-acute Care Market Size
Post-acute Care Market size was valued at USD 723.5 billion in 2022 and is anticipated to witness over 7% CAGR from 2023-2032. Rapidly expanding geriatric population to influence market outlook.
The rapidly growing number of older adults across the world and their subsequent healthcare requirements will positively anchor the post-acute care industry growth. The rising burden of several chronic ailments and complicated health issues, such as cardiovascular diseases amongst the geriatric population, specifically in the 75-84 age group, are posing numerous risks for healthcare practitioners. Post-acute care facilitates the functional recovery of older individuals while preventing unnecessary hospital readmission. Hence, the surging geriatric healthcare needs will influence the market expansion.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Post-acute Care Market Size in 2022 | USD 723.5 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 7% |
| 2032 Value Projection | USD 1.4 Trillion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 294 |
| Segments covered | Service, Age, Condition, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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Increasing modifications in reimbursement policies to hamper market progression
Imagine a storm of policy changes raining down on post-acute care providers. These constant shifts, driven by government agencies like the EU and Medicare, are like a giant roadblock to progress. Every time these agencies tweak the rules for who gets paid and how much, providers have to scramble to find new ways to stay afloat. It's like a game of musical chairs, but with reimbursement rates that keep shrinking. The financial strain from these sudden changes is putting a serious damper on the industry's growth. Providers are getting whiplash from trying to keep up, and it's hurting their ability to deliver quality care. The lack of stability is like a cloud hanging over the future, making it hard to plan and invest in new programs or services.
Post-acute Care Market Analysis
As our population ages, more and more people are living with chronic health conditions. In fact, most older adults have at least two chronic conditions. This trend is expected to continue, leading to a growing need for post-acute care services. Post-acute care provides support to people who have been hospitalized and are recovering from an illness or injury. It can include services such as physical therapy, occupational therapy, and speech therapy. These services can help people regain their strength and function, and return to their everyday lives. The growing demand for post-acute care services is expected to drive the market value to over $537 billion by 2032. This growth will be fueled by the increasing number of older adults with chronic conditions, as well as the need for specialized care for these patients. In addition, the growing prevalence of multiple chronic conditions is also expected to contribute to the growth of the post-acute care market. Multiple chronic conditions can make it difficult for people to manage their health and can lead to a decline in their quality of life. Post-acute care services can help people with multiple chronic conditions to manage their symptoms and improve their overall health.
Post-acute care market size in North America is anticipated to record 6.7% CAGR through 2032 due to the higher availability of skilled healthcare professionals and well-established healthcare facilities. The increasing burden of chronic diseases coupled with supportive reimbursement policies has led to the rising rate of hospitalization rate in the region. The strong presence of favorable regulations is also complimenting the easy access to numerous treatment alternatives for enhanced patient care. The growing number of post-acute care service providers to cater to the growing geriatric disease burden will influence the regional market outlook.
Post-acute Care Market Share
Some of the prominent post-acute care industry players include
- Alden Network
- Amedisys Inc.
- Athena Health Care Systems
- AMITA Health
- Bella Vista Health Center
- Brookdale Senior Living
- CareCentrix, Inc.
- CareCentrix, Inc.
- Benchmark Senior Living
- Sonoma Post Acute
- Covenant Care
- DomusVi
- Encompass Health Corporation
- Evernorth Health, Inc.
- Kindred Healthcare
- FutureCare
- Genesis Healthcare
- KORIAN
- LHC Group
- Lincoln Square Post-Acute Care
- Victoria Post Acute Care
- Mission Hills Post-Acute
- naviHealth, Inc.
- South Bay Post Acute Care
- Spring Hills
- ORPEA
- PAC Leaders
- Post Acute Medical
- Post Acute Partners
- SYMPHONY CARE NETWORK
- Vineyard Post Acute
- Vitas Healthcare.
Post-acute care market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments
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By Services
- Skilled nursing facilities
- Inpatient rehabilitation facilities
- Long-term care hospitals
- Hospice care
- Home health agencies
- Others
By Age
- Elderly (65 years & older)
- Adult (45-64 years)
- Others
By Conditions
- Amputations
- Wound Management
- Brain Injury
- Spinal Cord Injury
- Neurological Disorders
- Others
The above information is provided for the following region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Poland
- Switzerland
- Sweden
- The Netherlands
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Thailand
- Philippines
- Vietnam
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- Peru
- MEA
- South Africa
- Saudi Arabia
- UAE
- Iran
- Egypt
- Israel
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