Chat with us, powered by LiveChat

Loading...

Private Nursing Services Market Report

RA00095

Private Nursing Services Market by Service type (Retirement Communities, Group Care Homes, Nursing Care Facilities, and Home Health Care Providers), Gender (Female and Male), and Regional Outlook (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031
Update Available On-Demand

RA00095

Pages: 220

Feb 2023

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Private Nursing Services Market

Global Private Nursing Services Market Analysis

The Global Private Nursing Services Market Size was $415.70 million in 2021, and is predicted to grow with a CAGR of 7.5%, by generating0 revenue of $ 848.70 million by 2031.

Global Private Nursing Services Market Analysis

Global Private Nursing Services Market Synopsis

There has been an increase in chronic disease cases over the last few years, and many illnesses require long-term care. Chronic illness management and treatment are becoming major concerns. Private nursing services are anticipated to be primarily driven by the ability of nursing professionals to provide patients with superior care and individualized attention. Changes in social life were a major factor in the growth of the market for private nursing services. The division of joint families into nuclear families has resulted in smaller family groupings, making it more challenging to care for the family member who is dependent. Private nursing services are anticipated to see an increase in demand as a result.      

However, the two biggest barriers are the lack of services in rural regions and the availability of unskilled healthcare workers. Obtaining the appropriate care might be difficult for rural residents since they typically confront several barriers in the healthcare system. The expansion of this industry is constrained for a variety of reasons, including the costs associated with private nursing care and the commute required to access and utilize the services. The primary barriers to the expansion of the private nursing services industry are the scarcity of qualified professionals owing to a lack of education, appropriate skills, and working professionals with experience.

Government support and advantageous reimbursement policies are anticipated to open up new opportunities in this sector. Additionally, it is projected that the availability of extremely beneficial services as well as the increasing frequency and prevalence of chronic diseases among individuals worldwide would fuel this private nursing services market growth throughout the course of the anticipated timeframe.

According to regional analysis, the Asia-Pacific private nursing service market share is predicted to have the fastest growth in the forecast time period. This is because in China, healthcare authorities have started a new wave of healthcare changes that favor in-home nursing services. The nation's graded healthcare system has been improved by introducing electronic medical record capture of patients and allowing doctors to practice medicine more freely.

Private Nursing Services Overview

Private nursing services are provided by nurses who hold a Licensed Practical Nurse (LPN) or Registered Nurse (RN) license. Professionals offer these services to patients on an individual basis. These services are provided to patients in accordance with their needs, whether the setting is the patient's home, a medical facility like a hospital or nursing home, or somewhere else; they are provided to patients who have serious illnesses or injuries, or who require assistance in caring for the elderly or young children.

COVID-19 Impact on Global Private Nursing Services Market

Infectious disease COVID-19 was first discovered in Hubei province of Wuhan City. SARS-CoV-2, an extremely contagious virus that causes severe acute respiratory syndrome, spreads from person to person. Since the diseases initial outbreak in December 2019, it has spread to nearly 213 nations, prompting the World Health Organization to declare a public health emergency on March 11, 2020. In addition to the healthcare issue, the 2019 corona virus disease (COVID-19) has caused an economic disaster. The COVID-19 epidemic has put a strain on the healthcare system globally, and affluent nations are predicted to experience an economic downturn. The epidemic negatively affects the healthcare system, which saw a 50% to 70% decline in revenue from March. Small clinics, hospitals, and nursing homes have been compelled to close their doors. Additionally, regional curfews and social isolation have delayed elective surgical treatments. Furthermore, the expansion of the private nursing services sector may be significantly impacted by visa cancellations, which have halted medical tourism.

However, in February 2021, the Indian government took a new initiative for the health care industry: the PM Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) Scheme, with an estimated outlay of Rs. 64,180 Cr (to be implemented until 2025-26), was announced in the budget for FY 2021–22. The scheme's goals are to focus on building the capacities of health systems and institutions across the continuum of care at all levels—primary, secondary, and tertiary—and on preparing health systems to respond effectively.

The Need for Private Nursing Services Is Anticipated to Increase Due to The Prevalence of Chronic Diseases and Socioeconomic Changes

There has been an increase in chronic disease cases over the last few years, and many illnesses require long-term care. Chronic illness management and treatment are becoming major concerns. Private nursing services are anticipated to be primarily driven by the ability of nursing professionals to provide patients with superior care and individualized attention. Changes in social life were a major factor in the growth of the market for private nursing services. The division of joint families into nuclear families has resulted in smaller family groupings, making it more challenging to care for the family member who is dependent. Private nursing services market size are anticipated to see an increase in demand as a result.

To know more about global private nursing services market drivers, get in touch with our analysts here.

A Lack of Skilled Workers and A Lack of Service in Rural Areas to Restrain the Market Growth

The two biggest barriers are the lack of services in rural regions and the availability of unskilled workers. Obtaining the appropriate care might be difficult for rural residents since they typically confront several barriers in the healthcare system. The expansion of this industry is constrained for a variety of reasons, including the costs associated with private nursing care and the commute required to access and utilize the services. The primary barriers to the expansion of the private nursing services industry are the scarcity of qualified professionals owing to a lack of education, appropriate skills, and working professionals with experience.

Rise in Demand for Therapeutic Equipment Used in Private Nursing Services Market

Rise in healthcare expenses have boosted patient choice for home-based therapies. Patients in home care settings employ nebulizers, ventilators, and continuous positive airway pressure (CPAP) equipment to treat, diagnose, and monitor a variety of respiratory disorders. These technologies, in conjunction with home care services, provide patients with cost-effective healthcare. The fast increase in the global geriatric population, increase in incidence of chronic illnesses (asthma), and the cost benefits of home care equipment and services (compared to hospital visits) are the primary drivers driving the expansion of the home healthcare market. The high private nursing services growth potential in emerging markets, healthcare decentralization, and the advancement of miniaturized equipment are just a few of the primary reasons that are anticipated to bring considerable growth prospects to respiratory home healthcare market participants.

To know more about global private nursing services market opportunities, get in touch with our analysts here.

Global Private Nursing Service Market, by Service Type

On the basis of service type, the market has been divided into retirement communities, group care homes, nursing care facilities, and home health care providers. Among these, the home health care providers sub-segment accounted for the highest market share in 2021 whereas the retirement communities' sub-segment is estimated to show the fastest growth during the forecast period.

Global Private Nursing Service Market Share, by Type, 2021

Global Private Nursing Service Market, by Service Type

Source: Research Dive Analysis

The home healthcare providers sub-type is anticipated to have a dominant market share in 2021.The adoption of nuclear families has led to a decline in the number of individuals living at home, which has a negative impact on the ability to care for the elderly residents of the home. When individuals lived in joint families in the past, other family members in the home would take care of the elderly and retired because there were so many of them. The number of people in families has decreased as a result of this shift in societal trends and the rise of nuclear families. This has increased the need for healthcare experts, which has boosted the number of retirement homes in the service sector.

The retirement communities' sub-type is anticipated to show the fastest growth in the forecast time period. The adoption of nuclear families has led to a decline in the number of people living at home, which has a negative impact on providing adequate care for any elderly residents. People used to live in joint families back then, and because there were so many family members living together, other family members in the home would take care of the elderly and retired people. The number of men in families has decreased as a result of this shift in social trends and the rise of nuclear households. This has increased the need for healthcare experts, which has boosted retirement communities in the service sector.

Global Private Nursing Service Market, by Gender

Based on gender, the market has been divided into female and male. Among these, the female sub-segment accounted for highest revenue share in 2021.

Global Private Nursing Service Market Size, by Gender, 2021

Global Private Nursing Service Market, by Gender

Source: Research Dive Analysis

The female sub-segment is anticipated to have a dominant market share in 2021.The female population dominates the market for nursing care. Even patients prefer female nurses over male nurses for their private nursing because they are more compassionate and sensitive than male nurses, who also treat the patients with less consideration. As long as women continue to dominate the nursing field, the market for private nursing services is expected to grow.

Global Private Nursing Service Market, Regional Insights

The private market was investigated across North America, Europe, Asia-Pacific, and LAMEA.

Global Private Nursing Service Market Size & Forecast, by Region, 2021-2031 (USD Million)

Global Private Nursing Service Market, Regional Insights

Source: Research Dive Analysis

The Market for Private Nursing Service in North America to be the Most Dominant

The North American private nursing services market had a dominating market share in 2021. Some of the important variables include the region's huge senior population, advanced healthcare infrastructure, and relatively higher levels of disposable income. Its substantial market share is also being boosted by a growing number of government initiatives designed to reduce healthcare costs by boosting home treatment. For instance, the Hospital at Home program, which allowed patients to get care at home and cut the cost of care by approximately 30%, was implemented. The need for home healthcare goods and services is rising as a result of issues such as underdeveloped healthcare infrastructure, expensive in-hospital healthcare facilities, and chronic conditions that demand long-term care. Furthermore, companies are putting more of an emphasis on underdeveloped nations such as the U.S. and Canada. For instance, Apollo Homecare provides long-term plans for a number of categories, including mother and infant care, geriatric care, heart rehab, and neuro rehab. These programs offer individualized healthcare services and medical oversight.

Competitive Scenario in the Global Private Nursing Service Market

Customer satisfaction and business expansion are common strategies followed by major market players. For instance, The Ensign Group, Inc., the parent company of the Ensign (TM) group of companies that provide post-acute healthcare services and make long-term healthcare investments, primarily in skilled nursing and senior living facilities, released operating results for the fourth quarter and fiscal year 2021 in February 2022.

Competitive Scenario in the Global Private Nursing Service Market

Source: Research Dive Analysis

Some of the leading private nursing service market players are The Ensign Group, Inc., Kindred Healthcare, LLC, Genesis Healthcare, Brookdale Senior Living, Kaiser Permanente, CBI Health Group Inc., Trinity Health, Columbia Asia, Apollo Hospitals Enterprise Ltd., and Grand World Elder Care among others.

Aspect

Particulars

  Historical Market Estimations

  2020

  Base Year for Market Estimation

  2021

  Forecast Timeline for Market Projection

  2022-2031

  Geographical Scope

  North America, Europe, Asia-Pacific, and LAMEA

  Segmentation by Service Type

  • Retirement Communities
  • Group Care Homes
  • Nursing Care Facilities
  • Home Health Care Providers

  Segmentation by Gender

  • Female
  • Male

  Key Companies Profiled

  • The ensign group, Inc.
  • Kindred healthcare, LLC
  • Genesis healthcare
  • Brookdale senior living
  • Kaiser Permanente
  • CBI health group Inc.
  • Trinity health
  • Columbia Asia
  • Apollo Hospitals Enterprise Ltd.,
  • Grand World Elder Care

Frequently Asked Questions
 

A. The global private nursing services market size was $415.70 million in 2021, and is predicted to grow with a CAGR of 7.5%, by generating0 revenue of $ 848.70 million by 2031

A. The Ensign Group, Inc., Kindred Healthcare, LLC, and Genesis Healthcare are some of the key players in the global Private nursing services.

A. Asia-Pacific possesses great investment opportunities for investors to witness the most promising growth in the future.

A. Asia-Pacific private nursing service market is anticipated to grow at 8.22% CAGR during the forecast period.

A. Customer satisfaction and business expansion are the key strategies opted by the operating companies in this market.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters
1.5.Market size estimation

1.5.1.Top-down approach
1.5.2.Bottom-up approach

2.Report Scope

2.1.Market definition
2.2.Key objectives of the study
2.3.Report overview
2.4.Market segmentation
2.5.Overview of the impact of COVID-19 on Global Private Nursing Service Market

3.Executive Summary

4.Market Overview

4.1.Introduction
4.2.Growth impact forces

4.2.1.Drivers
4.2.2.Restraints
4.2.3.Opportunities

4.3.Market value chain analysis

4.3.1.List of raw material suppliers
4.3.2.List of manufacturers 
4.3.3.List of distributors

4.4.Innovation & sustainability matrices

4.4.1.Technology matrix
4.4.2.Regulatory matrix

4.5.Porter’s five forces analysis

4.5.1.Bargaining power of suppliers
4.5.2.Bargaining power of consumers
4.5.3.Threat of substitutes
4.5.4.Threat of new entrants
4.5.5.Competitive rivalry intensity

4.6.PESTLE analysis

4.6.1.Political
4.6.2.Economical
4.6.3.Social
4.6.4.Technological
4.6.5.Environmental

4.7.Impact of COVID-19 on Private Nursing Service Market

4.7.1.Pre-covid market scenario
4.7.2.Post-covid market scenario

5.Private Nursing Service Market Analysis, by Service Type

5.1.Overview
5.2.Retirement Communities

5.2.1.Definition, key trends, growth factors, and opportunities, 2021-2031
5.2.2.Market size analysis, by region, 2021-2031
5.2.3.Market share analysis, by country, 2021-2031

5.3.Group Care Homes

5.3.1.Definition, key trends, growth factors, and opportunities, 2021-2031
5.3.2.Market size analysis, by region, 2021-2031
5.3.3.Market share analysis, by country, 2021-2031

5.4.Nursing Care Facilities

5.4.1.Definition, key trends, growth factors, and opportunities, 2021-2031
5.4.2.Market size analysis, by region, 2021-2031
5.4.3.Market share analysis, by country, 2021-2031

5.5.Home Healthcare Provider 

5.5.1.Definition, key trends, growth factors, and opportunities, 2021-2031
5.5.2.Market size analysis, by region, 2021-2031
5.5.3.Market share analysis, by country, 2021-2031

5.6.Research Dive Exclusive Insights

5.6.1.Market attractiveness, 2021-2031
5.6.2.Competition heatmap, 2021-2031

6.Private Nursing Service Market Analysis, by Gender

6.1.Female

6.1.1.Definition, key trends, growth factors, and opportunities, 2021-2031
6.1.2.Market size analysis, by region, 2021-2031
6.1.3.Market share analysis, by country, 2021-2031

6.2.Male

6.2.1.Definition, key trends, growth factors, and opportunities, 2021-2031
6.2.2.Market size analysis, by region, 2021-2031
6.2.3.Market share analysis, by country, 2021-2031

6.3.Research Dive Exclusive Insights

6.3.1.Market attractiveness, 2021-2031
6.3.2.Competition heatmap, 2021-2031

7.Private Nursing Service Market Analysis, by Region

7.1.North America

7.1.1.U.S.

7.1.1.1.Market size analysis, by Service Type, 2021-2031
7.1.1.2.Market size analysis, by Gender, 2021-2031

7.1.2.Canada

7.1.2.1.Market size analysis, by Service Type, 2021-2031
7.1.2.2.Market size analysis, by Gender, 2021-2031

7.1.3.Mexico

7.1.3.1.Market size analysis, by Service Type, 2021-2031
7.1.3.2.Market size analysis, by Gender, 2021-2031

7.1.4.Research Dive Exclusive Insights

7.1.4.1.Market attractiveness, 2021-2030
7.1.4.2.Competition heatmap, 2021-2030

7.2.Europe

7.2.1.Germany 

7.2.1.1.Market size analysis, by Service Type, 2021-2031
7.2.1.2.Market size analysis, by Gender, 2021-2031

7.2.2.U.K.

7.2.2.1.Market size analysis, by Service Type, 2021-2031
7.2.2.2.Market size analysis, by Gender, 2021-2031

7.2.3.France

7.2.3.1.Market size analysis, by Service Type, 2021-2031
7.2.3.2.Market size analysis, by Gender, 2021-2031

7.2.4.Spain

7.2.4.1.Market size analysis, by Service Type, 2021-2031
7.2.4.2.Market size analysis, by Gender, 2021-2031

7.2.5.Italy

7.2.5.1.Market size analysis, by Service Type, 2021-2031
7.2.5.2.Market size analysis, by Gender, 2021-2031

7.2.6.Rest of Europe

7.2.6.1.Market size analysis, by Service Type, 2021-2031
7.2.6.2.Market size analysis, by Gender, 2021-2031

7.2.7.Research Dive Exclusive Insights

7.2.7.1.Market attractiveness, 2021-2030
7.2.7.2.Competition heatmap, 2021-2030

7.3.Asia-Pacific

7.3.1.China

7.3.1.1.Market size analysis, by Service Type, 2021-2031
7.3.1.2.Market size analysis, by Gender, 2021-2031

7.3.2.Japan 

7.3.2.1.Market size analysis, by Service Type, 2021-2031
7.3.2.2.Market size analysis, by Gender, 2021-2031

7.3.3.India

7.3.3.1.Market size analysis, by Service Type, 2021-2031
7.3.3.2.Market size analysis, by Gender, 2021-2031

7.3.4.Australia

7.3.4.1.Market size analysis, by Service Type, 2021-2031
7.3.4.2.Market size analysis, by Gender, 2021-2031

7.3.5.South Korea

7.3.5.1.Market size analysis, by Service Type, 2021-2031
7.3.5.2.Market size analysis, by Gender, 2021-2031

7.3.6.Rest of Asia-Pacific

7.3.6.1.Market size analysis, by Service Type, 2021-2031
7.3.6.2.Market size analysis, by Gender, 2021-2031

7.3.7.Research Dive Exclusive Insights

7.3.7.1.Market attractiveness, 2021-2030
7.3.7.2.Competition heatmap, 2021-2030

7.4.LAMEA

7.4.1.Brazil

7.4.1.1.Market size analysis, by Service Type, 2021-2031
7.4.1.2.Market size analysis, by Gender, 2021-2031

7.4.2.Saudi Arabia

7.4.2.1.Market size analysis, by Service Type, 2021-2031
7.4.2.2.Market size analysis, by Gender, 2021-2031

7.4.3.UAE

7.4.3.1.Market size analysis, by Service Type, 2021-2031
7.4.3.2.Market size analysis, by Gender, 2021-2031

7.4.4.South Africa

7.4.4.1.Market size analysis, by Service Type, 2021-2031
7.4.4.2.Market size analysis, by Gender, 2021-2031

7.4.5.Rest of LAMEA

7.4.5.1.Market size analysis, by Service Type, 2021-2031
7.4.5.2.Market size analysis, by Gender, 2021-2031

7.4.6.Research Dive Exclusive Insights

7.4.6.1.Market attractiveness, 2021-2030
7.4.6.2.Competition heatmap, 2021-2030

8.Competitive Landscape

8.1.Top winning strategies, 2021

8.1.1.By strategy
8.1.2.By year

8.2.Strategic overview

8.3.Market share analysis, 2021

9.Company Profiles

9.1. The Ensign Group, Inc.

9.1.1.Overview
9.1.2.Business segments
9.1.3.Product portfolio
9.1.4.Financial performance
9.1.5.Recent developments
9.1.6.SWOT analysis

9.2.Kindred Healthcare

9.2.1.Overview
9.2.2.Business segments
9.2.3.Product portfolio
9.2.4.Financial performance
9.2.5.Recent developments
9.2.6.SWOT analysis

9.3. LLC

9.3.1.Overview
9.3.2.Business segments
9.3.3.Product portfolio
9.3.4.Financial performance
9.3.5.Recent developments
9.3.6.SWOT analysis

9.4.Genesis Healthcare

9.4.1.Overview
9.4.2.Business segments
9.4.3.Product portfolio
9.4.4.Financial performance
9.4.5.Recent developments
9.4.6.SWOT analysis

9.5. Brookdale Senior Living

9.5.1.Overview
9.5.2.Business segments
9.5.3.Product portfolio
9.5.4.Financial performance
9.5.5.Recent developments
9.5.6.SWOT analysis

9.6. Kaiser Permanente

9.6.1.Overview
9.6.2.Business segments
9.6.3.Product portfolio
9.6.4.Financial performance
9.6.5.Recent developments
9.6.6.SWOT analysis

9.7.CBI Health Group Inc. 

9.7.1.Overview
9.7.2.Business segments
9.7.3.Product portfolio
9.7.4.Financial performance
9.7.5.Recent developments
9.7.6.SWOT analysis

9.8. Trinity Health

9.8.1.Overview
9.8.2.Business segments
9.8.3.Product portfolio
9.8.4.Financial performance
9.8.5.Recent developments
9.8.6.SWOT analysis

9.9.Columbia Asia

9.9.1.Overview
9.9.2.Business segments
9.9.3.Product portfolio
9.9.4.Financial performance
9.9.5.Recent developments
9.9.6.SWOT analysis

9.10.Apollo Hospitals Enterprise Ltd.

9.10.1.Overview
9.10.2.Business segments
9.10.3.Product portfolio
9.10.4.Financial performance
9.10.5.Recent developments
9.10.6.SWOT analysis

10.Appendix

10.1.Parent & peer market analysis
10.2.Premium insights from industry experts
10.3.Related reports

Professional health care includes patients with severe disease leading to a critical stage of disability or suffering serious injury. Personal nursing facilities are healthcare programs that are provided at any pharmacy or home health provider for individuals that need ongoing and independent treatment. Private nursing is commonly referred to by individual patients as the work of nurses to provide healthcare services to individuals. Such nurses are charged according to fixed rates for those facilities. Actually, these people are hired for a specific period of sickness, so they take care of one individual at a time.

Highly individualized care is provided for the benefit of families in the case of private health facilities, as well as consumer wants and could compensate for those programs. Many institutes such as accredited home health organizations provide only part-time facilities that are not appropriate for people with severe diseases such as cancer and those suffering from serious injury. Private nursing facilities are appropriate for Medicaid recipients because they need treatment and rehabilitation assistance outside the control of any home health provider. The idea of home care is one that is rooted in basic human needs such as familiar surroundings, freedom, (Øvretveit,2003) and person-care companionship.

Market Drivers:

Personal care facilities are a cost-effective means of providing patients in a peaceful environment with skilled professional staff. This included skilled and dedicated staff who are enthusiastic enough to provide the patients with the necessary service. Changes in social behavior such as separating joint family into nuclear families and growing female participation in work increased demand for home health care and home nursing care. The division of the conventional large family families into small family divisions reduced the number of individuals who could provide for dependent family members. The same was due to the increase in the rate of participation of women in the labor market. Both developments culminated in a lack of voluntary providers for the elderly and disabled, and increased demand for home care and skilled nursing.

Market Restraints:

The main constraints on the nursing sector include: the shortage of skilled human resources–a scarcity of trained doctors, specialists, nurses and caregivers in both developed and developing countries is projected to hinder the nursing care industry. Developing countries are experiencing a significant shortage of health care professionals as demand for nursing is growing. According to the global healthcare workforce, which included nurses and community healthcare workers, had a shortfall of about 4.3 million employees as of 2018. Developed nations are facing a similar situation, too. The US currently faces a shortage of doctors, especially primary care doctors, according to ResearchDive's study. The world has only 2.5 doctors per 1000 population according to the World Bank. This is partly due to the lack of appropriate qualifications among the applicants, and lack of education and the right work experience. The lack of health care workers is likely to continue to serve as a restraint on the nursing market in the future.

Segments

The demand for nursing care is segmented into service type, end-user class, and geography.

By Service Type 

The demand for nursing care can be segmented into

  • Retirement Communities
  • Group Care Homes 
  • Nursing Care Facilities
  • Home Health Care Providers 

Over the historic era, retirement communities had the highest growth rate of almost 8%. The highest increase in the historic period can be attributable to shifts in aged people's lifestyles and active career-oriented demographic behaviors that reduced the number of family members staying at home and providing care to elderly people, which ultimately had a positive influence on the appearance of retirement communities.

By end-user 

The nursing industry can be segmented into

  • Male Nursing Care
  • Female Nursing Care

Growth has increased by the end-user demographic in both sectors of the global nursing care industry.

By geography

The healthcare industry for private nursing is spread across countries such as U.S., Canada, Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Middle west, Africa

Regional

North America is the biggest healthcare industry for the private nursing sector, comprising about 40% of the global market. Western Europe, Asia-Pacific and then the other continents followed. The Middle East and Asia-Pacific will continue to be the fastest-growing areas in this market. North America market stood at $317.0 billion in 2018 and is expected to rise in the forecast period at a CAGR of 5.4%. The country of North America expected to grow due to the increase in the geriatric population, as well as providing the greater number of hospitals and higher per capita income of the people in this region is expected to drive the private nursing care industry. It is projected that Asia-Pacific has the highest growth rate on earth. Asia-Pacific is expected to rise by 6.3 % at a CAGR by producing $300.2 billion in revenue by 2026.

Key participants in Private nursing services:

The major key players in the private nursing services are The Ensign Group, Inc., Kindred Healthcare, LLC, Genesis Healthcare, Brookdale Senior Living, Kaiser Permanente, CBI Health Group Inc., Trinity Health, Columbia Asia, Apollo Hospitals Enterprise Ltd., and Grand World Elder Care among others. 

Key Strategies 

IoT Driving Home Healthcare Market

IoT (Internet of Things) systems are introduced by many home healthcare providers to control and manage the health of chronically ill and geriatric patients. The program integrates drug dispensers, biosensors, and self-care glucose meters for remote monitoring of patients, clinical care management, and medication management related. Such technology allows home care services to monitor the safety of patients and home care professionals to control their wellbeing from remote areas without a formal doctor appointment.

Care providers Choose personalization.

The adoption of custom-care packages in the recent past has improved. The design products offer a high degree of operation versatility. The home health and skilled nursing facilities companies provide a wide range of custom-care packages. Shopping support, food or medication pickup at the home, and extensive patient supervision are the custom-care services offered by nursing care facilities. Such personalized programs increase the potential for the nursing care market.

Purchase Options

Personalize this research

  • Triangulate with your own data
  • Request your format and definition
  • Get a deeper dive on a specific application, geography, customer or competitor
10% Off on Customization
Contact Us

Customers Also Viewed