Multi-Billion Opportunities in the US Nursing Care Market, the Market to Generate Revenue of Over $692.19 Billion by 2029 – Exclusive Focus Insight Report by Arizton

 CHICAGO, March 7, 2024 /PRNewswire/ — According to Arizton’s latest focus insight report, the US nursing care market is growing at a CAGR of 6.47% during the forecast period. The study considers a detailed scenario of the present nursing care market and its market dynamics for 2024−2029 in the U.S. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.

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The U.S. Nursing Care Market Report Scope

Report Attributes   

Details    

Market Size (2029)   

USD 692.19 billion

Market Size (2023)   

USD 475.15 billion

CAGR (2022-2029)   

6.47 %

Forecast Year   

2024-2029   

The US is the largest revenue contributor to the global nursing care market.

The South region of the US accounted for the highest market growth for nursing care. The presence of more states like Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Virginia, & West Virginia states are included in the South Region. In the Southern region, Florida has many nursing care facilities, which are approximately 800. Florida has the highest aging population in the US, accounting for 3,926,889 seniors aged 65 and above. This age group has better purchase power in the market, driving them to choose better-facilitated nursing homes. When contemplating retirement in the Southern US, St. Petersburg has remained a cherished choice for seniors, owning to its status as a traditional retirement destination. Florida and South Carolina are also the most popular retirement states.

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Product Segmentation & Forecast

Service Type
Skilled Nursing
Home Healthcare
Assisted Living
Others
Payment
Public Expenditure
Private Expenditure
Gender
Female
Male
Geography
South
Mid-West
North-East
West

Vendors List

Fair Acres
RiverSpring Living
The Plaza Rehab & Nursing Center
NYC Health + Hospitals
Laguna Honda
Kings Harbor Multicare Center
Brookdale Senior Living
ProMedica Senior Care
Consulate Health Care
Ensign Group
Genesis Healthcare
Life Care Centers of America
Humana
Enlivant
Bayada Home Health Center
National Church Residencies
Sunrise Senior Living
Sonida Senior Living
Five Star Senior Living
BrightSpring Health Services
Fresenius Medical Care
Amedisys
Eddy Senior Living
Embassy Healthcare Services
Erickson Senior Living
Frontier Senior Living
Gardant Management Solutions
Bickford Senior Living
VNS Health
Valeo
Pacifica Senior Living
Life Care Services
MBK Senior Living
Hanceville Nursing and Rehab Center
Park Avenue Health & Rehabilitation Center
Ararat Home of Los Angeles
Colorado State Veterans Home
A.G. Rhodes

Key Questions Answered in the Report:

How big is the U.S. nursing care market?

What are the drivers for the U.S. nursing care market?

Which region dominates the U.S. nursing care market?

Table of Contents

CHAPTER – 1: Nursing Care Market Overview

Executive Summary
Key Findings

CHAPTER – 2: Nursing Care Market

US: Projected Revenue of Nursing Care Market (2023-2029; $Billions)

CHAPTER – 3: Nursing Care Market Segmentation Data

US: Projected Revenue by Service (2023-2029; $Billions)
Skilled Nursing
Home Healthcare
Assisted Living
Others
US: Projected Revenue by Payment (2023-2029; $Billions)
Public Expenditure
Private Expenditure
US: Projected Revenue by Gender (2023-2029; $Billions)
Female
Male
US: Projected Revenue by Geography (2023-2029; $Billions)
South Region
Mid-West Region
North-East Region
West Region

CHAPTER – 4: Nursing Care Market Prospects and Opportunities

Nursing Care Market Opportunities and Trends
Nursing Care Market Drivers
Nursing Care Market Constraints

CHAPTER – 5: Nursing Care Industry Overview

Nursing Care Market – Competitive Landscape
Nursing Care Market – Key Vendor Profiles
Nursing Care Market – Other Prominent Vendors
Nursing Care Market – Key Strategic Recommendations

CHAPTER – 6: Appendix

Research Methodology
Abbreviations
About Arizton

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