Revenue for nursing care facilities has grown at a CAGR of 1.0% to $152.3 billion over the past five years. Revenue has fluctuated during the outbreak and recovery period of the COVID-19 pandemic, which spurred a need for industry services. The number of adults aged 65 and older has been increasing consistently for the past two decades. The aging population should steady revenue growth, with revenue increasing 0.1% in 2023.Helping hand: Favorable demographic trends are expected to outweigh potential impediments to growth, with industry revenue likely to increase
This industry provides living quarters, inpatient nursing and rehabilitation services for people with a chronic illness or disability. Care is usually provided for an extended period to individuals who require help with day-to-day activities but do not need to be in a hospital.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- St. Augustine Health Ministries
- Ensign Group, Inc.
- Hcr Manorcare Inc.
- Creative Solutions in Healthcare
- The Alden Network
- MorseLife Health System
- Baptist Village Communities
- Terence Cardinal Cooke Health Care Center
- StoneGate Senior Living LLC
- Schulman and Schachne Institute for Nursing & Rehabilitation
- Amsterdam Nursing Home
- Victoria Nursing and Rehabilitation Center
- Bria Health Services
- St. Luke Lutheran Community
- Plaza Health Network
- A. Holly Patterson Extended Care Facility
Methodology
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