Skilled Nursing Facility Market Report 2026

The skilled nursing facility market size has grown strongly in recent years. It will grow from $364.68 billion in 2025 to $395.55 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to aging population growth, rising prevalence of chronic diseases, expansion of post-acute care services, increasing hospital discharge rates, development of long-term care infrastructure.

The skilled nursing facility market size is expected to see strong growth in the next few years. It will grow to $541.14 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing demand for value-based care models, rising adoption of telehealth services, expansion of home-to-facility care transitions, growing investments in healthcare digitalization, increasing focus on patient-centric care delivery. Major trends in the forecast period include increasing adoption of digital health record systems, rising integration of remote patient monitoring tools, growing focus on quality outcome measurement, expansion of specialized rehabilitation programs, enhanced emphasis on care coordination.

The increasing prevalence of chronic diseases is anticipated to drive the growth of the skilled nursing facility market in the coming years. Chronic diseases are long-lasting, often incurable but manageable conditions that significantly affect health, disability, and healthcare expenditures. Factors contributing to the rise in chronic diseases include an aging population, unhealthy diets, and various environmental and socioeconomic influences. Skilled nursing facilities offer specialized care and long-term support for individuals with complex medical needs. These services enable more effective management of chronic conditions and enhance patient outcomes through dedicated medical and rehabilitative care. For example, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based medical library, the number of individuals aged 50 and above with one or more chronic illnesses is projected to increase by 99.5% by 2050, rising from 71.52 million in 2020 to 142.66 million. As a result, the growing prevalence of chronic diseases is fueling the skilled nursing facility market.

Major companies in the skilled nursing facility market are creating technologically advanced solutions, such as sensors within nursing facilities, to improve patient outcomes, boost staff efficiency, and maintain regulatory compliance. A nursing facility sensor is designed to monitor and detect a variety of conditions or activities related to the health, safety, and well-being of residents. For example, in November 2023, MOBOTIX AG, a Germany-based manufacturer of intelligent IP video systems, and Kepler Vision Technologies, a Netherlands-based provider of end-to-end software solutions, introduced an intelligent sensor for hospital staff and care facilities. A standout feature of Kepler's software, integrated into the MOBOTIX c71 Hemispheric Indoor Camera, is its capability to accurately identify incidents such as falls or residents leaving their beds while significantly reducing false alarms compared to other automated systems. It improves care for the elderly, the sick, and those needing nursing support while lowering staff workload and enhancing cost efficiency. The solution also emphasizes privacy by not storing images, using them solely to detect critical incidents.

In October 2024, CareTrust REIT, a US-based skilled nursing care facilities company, purchased four skilled nursing facilities in the Mid-Atlantic region for $74.7 million. CareTrust REIT’s acquisition of these four skilled nursing facilities in the Mid-Atlantic strengthens its real estate portfolio by adding high-performing assets while ensuring a stable income stream through a 15-year lease with a reputable operator. The transaction also delivers immediate revenue growth, with a projected lease yield of 9.3%, improving overall financial performance. Nursing Facilities is a US-based company that provides experienced, skilled nursing operators.

Major companies operating in the skilled nursing facility market are Encompass Health Corporation, Genesis HealthCare Inc., Sunrise Senior Living LLC, Life Care Centers of America, The Ensign Group Inc., Brookdale Senior Living Solutions, LHC Group Inc., Saber Healthcare Group, Amedisys Inc., Sava SeniorCare LLC, Consulate Health Care, PruittHealth Corp., Signature HealthCARE LLC, National HealthCare Corporation, Extendicare, The Evangelical Lutheran Good Samaritan Society, Vibra Healthcare LLC, Diversicare Healthcare Services Inc., Trilogy Health Services LLC, ProMedica Senior Care, Life Care Companies LLC, Atrium Health & Senior Living, Golden Living, ManorCare Health Services, CommuniCare Health Centers.

North America was the largest region in the skilled nursing facility market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skilled nursing facility market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the skilled nursing facility market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs are influencing the skilled nursing facility market by increasing costs of imported medical equipment, rehabilitation devices, patient monitoring systems, and facility infrastructure materials. Facilities in North America and Europe are most affected due to reliance on imported healthcare equipment and furnishings, while Asia-Pacific faces cost pressures on medical device procurement. These tariffs are increasing operational expenditures and capital investment requirements for facility upgrades. However, they are also encouraging local sourcing of medical equipment, domestic manufacturing of care devices, and long-term investment in regional healthcare supply chains.

The skilled nursing facility market research report is one of a series of new reports that provides skilled nursing facility market statistics, including skilled nursing facility industry global market size, regional shares, competitors with a skilled nursing facility market share, detailed skilled nursing facility market segments, market trends and opportunities, and any further data you may need to thrive in the skilled nursing facility industry. This skilled nursing facility market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A skilled nursing facility is a healthcare institution that offers advanced medical care and support services for individuals with complex health conditions or those who require continuous medical supervision. These facilities serve patients who need a higher level of care than what is typically available in an assisted living or residential environment.

The primary types of skilled nursing facilities are freestanding and hospital-based. Freestanding skilled nursing facilities are independent buildings or complexes that deliver specialized care for individuals requiring extended medical and personal support. They can have various forms of ownership, including for-profit, non-profit, and government, and they provide a range of services such as intensive rehabilitation therapy, low and medium rehabilitation, care for medically complex patients, and more.

The skilled nursing facility market includes revenues earned by entities by providing wound care, medication management, pain management, nutritional support and personal care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.