North America Post-Acute Care Market
No. of Pages: 78 | Report Code: BMIRE00030519 | Category: Life Sciences
No. of Pages: 78 | Report Code: BMIRE00030519 | Category: Life Sciences
The North America post-acute care market was valued at US$ 281.20 million in 2022 and is expected to reach US$ 468.58 million by 2030; it is estimated to register at a CAGR of 6.6% from 2022 to 2030. Inclination Toward Home Healthcare in Developing Countries Fuels North America Post-Acute Care Market
The World Health Organization (WHO) defines home-based care as a series of services provided to people in their homes, which include psychosocial, physical, or palliative care activities. A shift from long-term facilities, inpatient rehabilitation, and skilled nursing facilities to home care settings results in greater chances of better, consistent, and timely interaction between patient and doctor owing to the growing prominence of cloud and mobility-driven medical devices. The COVID-19 crisis has triggered the importance of AI in healthcare due to limited hospital bed capacity and a scarcity of skilled healthcare professionals, which further emphasizes on home-based care. By monitoring the patient's vitals remotely, healthcare professionals can avoid admissions to healthcare facilities. If the cases can be handled virtually, beds are reserved only for patients requiring critical care, which allows hospital administrations to manage their resources more effectively. Home care entails a wide range of post-acute care services within the patient's home, including skilled nursing care for wounds, injections, or IV nutrition therapy. It also encompasses physical, occupational, and speech therapies.
In developing countries, the number of patients receiving home therapy has been limited in the past. Although hospitals have rapidly adopted smart devices integrated with features such as electronic health records (EHR) integration and medication safety software, the majority of home service providers continue to use traditional devices. However, these countries are focused on improving their healthcare infrastructure and services, which is encouraging the healthcare sector to upgrade their offerings. Moreover, significant investments in research and development play a key role in the technological upgrading of products and services in emerging countries. With the increasing availability of such advanced medical offerings, their use is likely to rise in the homecare settings in these countries in the future. Thus, the growing preference for home healthcare is emerging as a beneficial trend in the North America post-acute care market.North America Post-Acute Care Market Overview
The North America post-acute care market has been segmented into the US, Canada, and Mexico. The increasing acceptance of technologically advanced products, a rise in research and development activities, the presence of large healthcare businesses, and the growing use of post-acute care facilities after surgery are among the key factors propelling the growth of the North America post-acute care market in North America. According to the Centers for Disease Control and Prevention (CDC), nearly 735,000 Americans have a heart attack every year, out of which 525,000 patients have had a first heart attack while 210,000 patients have already had a heart attack in the past. According to the US Census Bureau, 2.5 million people in the US over the age of 75 suffer from aortic stenosis, accounting for 12.4% of the population over 75 years of age. According to an article published in the American Heart Association's journal, mitral regurgitation is the most frequent valve disease in the US. It affects nearly 1 in 10 people who are 75 years or older. There is a high demand for post-acute care services in patients with cardiovascular diseases and the geriatric population in the US, driving the market in the country.
Strategic insights for the North America Post-Acute Care provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Post-Acute Care refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Million)
Get more information on this report North America Post-Acute Care Strategic Insights
Get more information on this report North America Post-Acute Care Report Scope
Report Attribute
Details
Market size in 2022
US$ 281.20 Million
Market Size by 2030
US$ 468.58 Million
Global CAGR (2022 - 2030)
6.6%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Services
By Age
Regions and Countries Covered
North America
Market leaders and key company profiles
Get more information on this report North America Post-Acute Care Regional Insights
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North America Post-Acute Care Market Segmentation
The North America post-acute care market is segmented based on by services, age, disease conditions, and country.
Based on by services, the North America post-acute care market is segmented into skilled nursing facilities, inpatient rehabilitation facilities, long-term care hospitals, home health agency, and others. The home health agency segment held the largest share in 2022.
In terms of age, the North America post-acute care market is segmented into elderly, adult, and others. The elderly segment held the largest share in 2022.
By disease conditions, the North America post-acute care market is segmented into amputations, wound management, brain injury and spinal cord injury, neurological disorders, and others. The neurological disorders segment held the largest share in 2022.
Based on country, the North America post-acute care market is categorized into the US, Canada, and Mexico. The US dominated the North America post-acute care market in 2022.
Amedisys Inc, Covenant Care California LLC, Sonoma Post Acute, Victoria Post Acute, Mission Hills Post Acute Care, Vineyard Post Acute, Brookdale Senior Living Inc, The Alden Network, AdventHealth, and Bella Vista Health Center are some of the leading companies operating in the North America post-acute care market.
1. Amedisys Inc
2. Covenant Care California LLC
3. Sonoma Post Acute
4. Victoria Post Acute
5. Mission Hills Post Acute Care
6. Vineyard Post Acute
7. Brookdale Senior Living Inc
8. The Alden Network
9. AdventHealth
10. Bella Vista Health Center
The North America Post-Acute Care Market is valued at US$ 281.20 Million in 2022, it is projected to reach US$ 468.58 Million by 2030.
As per our report North America Post-Acute Care Market, the market size is valued at US$ 281.20 Million in 2022, projecting it to reach US$ 468.58 Million by 2030. This translates to a CAGR of approximately 6.6% during the forecast period.
The North America Post-Acute Care Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Post-Acute Care Market report:
The North America Post-Acute Care Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Post-Acute Care Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Post-Acute Care Market value chain can benefit from the information contained in a comprehensive market report.
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