North America Post-Acute Care Market Forecast to 2030
North America Post-Acute Care Market Forecast to 2030 – Regional Analysis – by Services (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), and Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others)
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Description
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.
North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Million)
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.
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According to the Research Team’ research, 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, registering a CAGR of 6.6% from 2022 to 2030. Rising number of strategic initiatives and increasing number of surgeries and post-surgery care requirements in geriatric population are among the critical factors attributed to the North America post-acute care market expansion.
Small and big companies operating in the North America North America post-acute care market adopt various strategies such as geographic expansion, new product launches, and technological advancements to boost their revenues. A few recent developments in the North America post-acute care market are mentioned below.
In September 2022, Maryland Post-Acute Care Associations and Real Time Medical Systems collaborated with CRISP to connect nursing facilities with a state-designated Health Information Exchange (HIE) program. The innovative program would offer nursing facilities resources and tools to better align with different types of healthcare providers through data transparency to reduce healthcare costs, enhance care, and lower hospital readmissions among the most vulnerable populations.
In September 2022, the Michigan Health Information Network (MiHIN) partnered with the largest post-acute electronic medical record vendor named PointClickCare’s cloud-based software. Under this partnership, they aimed to enable 250 new post-acute providers and case managers to exchange real-time data through the Health Information Exchange (HIE). The MiHIN aims to advance and deepen healthcare collaboration, care coordination, and interoperability by offering access to real-time insights during any stage of treatment.
In September 2023, Medline partnered with SNF Metrics to offer nursing homes a business intelligence solution with fast and actionable data on risk, accounts receivable, clinical care, staffing, and reimbursement. The company announced an addition to its post-acute care technology solutions portfolio for nursing homes on the back of this partnership.
The active participation of market players in expansions, partnerships, and mergers and acquisitions boosts the growth of the North America post-acute care market.
On the contrary, lack of skilled workforce hampers the growth of North America post-acute care market.
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 34.0% share of the North America post-acute care market in 2022, amassing US$ 95.54 million. It is projected to garner US$ 163.87 million by 2030 to expand at 7.0% CAGR during 2022-2030.
In terms of age, the North America post-acute care market is segmented into elderly, adult, and others. The elderly segment held 56.6% share of the North America post-acute care market in 2022, amassing US$ 159.07 million. It is estimated to garner US$ 265.24 million by 2030 to expand at 6.6% CAGR during 2022-2030.
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 42.7% share of North America post-acute care market in 2022, amassing US$ 119.99 million. It is predicted to garner US$ 205.59 million by 2030 to expand at 7.0% CAGR during 2022-2030.
Based on country, the North America post-acute care market is categorized into the US, Canada, and Mexico. The US held 82.9% share of North America post-acute care market in 2022, amassing US$ 233.16 million. It is projected to garner US$ 390.77 million by 2030 to expand at 6.7% CAGR during 2022-2030.
Key players operating in the North America post-acute care market are 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, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America post-acute care market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Post-Acute Care Market – Key Industry Dynamics
4.1 Market Drivers:
4.1.1 Rising Number of Strategic Initiatives
4.1.2 Increasing Number of Surgeries and Post-Surgery Care Requirements in Geriatric Population
4.2 Market Restraints
4.2.1 Lack of Skilled Workforce
4.3 Market Opportunities
4.3.1 Consolidation of Post-Acute Care with Technological Advancements
4.4 Future Trends
4.4.1 Inclination toward Home Healthcare in Developing Countries
4.5 Impact Analysis:
5. Post-Acute Care Market – North America Market Analysis
5.1 North America Post-Acute Care Market Revenue (US$ Bn), 2022 – 2030
6. North America Post-Acute Care Market – Revenue and Forecast to 2030 – by Services
6.1 Overview
6.2 North America Post-Acute Care Market Revenue Share, by Services, 2022 & 2030 (%)
6.3 Skilled Nursing Facilities
6.3.1 Overview
6.3.2 Skilled Nursing Facilities: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
6.4 Inpatient Rehabilitation Facilities
6.4.1 Overview
6.4.2 Inpatient Rehabilitation Facilities: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
6.5 Long-Term Care Hospitals
6.5.1 Overview
6.5.2 Long-Term Care Hospitals: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
6.6 Home Health Agencies
6.6.1 Overview
6.6.2 Home Health Agencies: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
6.7 Others
6.7.1 Overview
6.7.2 Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
7. North America Post-Acute Care Market – Revenue and Forecast to 2030 – by Age
7.1 Overview
7.2 North America Post-Acute Care Market Revenue Share, by Age, 2022 & 2030 (%)
7.3 Elderly
7.3.1 Overview
7.3.2 Elderly: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
7.4 Adults
7.4.1 Overview
7.4.2 Adults: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
8. North America Post-Acute Care Market – Revenue and Forecast to 2030 – by Disease Conditions
8.1 Overview
8.2 North America Post-Acute Care Market Revenue Share, by Disease Conditions, 2022 & 2030 (%)
8.3 Amputations
8.3.1 Overview
8.3.2 Amputations: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
8.4 Wound Management
8.4.1 Overview
8.4.2 Wound Management: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
8.5 Brain and Spinal Cord Injury
8.5.1 Overview
8.5.2 Brain Injury and Spinal Cord Injury: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
8.6 Neurological Diseases
8.6.1 Overview
8.6.2 Neurological Diseases: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
8.7 Others
8.7.1 Overview
8.7.2 Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
9. North America Post-Acute Care Market – Country Analysis
9.1 North America
9.1.1 Overview
9.1.2 North America Post-Acute Care Market, by Country
9.1.2.1 US
9.1.2.1.1 Overview
9.1.2.1.2 US North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
9.1.2.1.3 US: North America Post-Acute Care Market, by Services, 2020-2030 (US$ Billion)
9.1.2.1.4 US: North America Post-Acute Care Market, by Age, 2020-2030 (US$ Billion)
9.1.2.1.5 US: North America Post-Acute Care Market, by Disease Conditions, 2020-2030 (US$ Billion)
9.1.2.2 Canada
9.1.2.2.1 Overview
9.1.2.2.2 Canada North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
9.1.2.2.3 Canada: North America Post-Acute Care Market, by Services, 2020-2030 (US$ Billion)
9.1.2.2.4 Canada: North America Post-Acute Care Market, by Age, 2020-2030 (US$ Billion)
9.1.2.2.5 Canada: North America Post-Acute Care Market, by Disease Conditions, 2020-2030 (US$ Billion)
9.1.2.3 Mexico
9.1.2.3.1 Overview
9.1.2.3.2 Mexico North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
9.1.2.3.3 Mexico: North America Post-Acute Care Market, by Services, 2020-2030 (US$ Billion)
9.1.2.3.4 Mexico: North America Post-Acute Care Market, by Age, 2020-2030 (US$ Billion)
9.1.2.3.5 Mexico: North America Post-Acute Care Market, by Disease Conditions, 2020-2030 (US$ Billion)
10. Industry Landscape
10.1 Overview
10.2 Growth Strategies Done by the Companies in the Market
11. Company Profiles
11.1 Amedisys Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Covenant Care California LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Sonoma Post Acute
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Victoria Post Acute
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Mission Hills Post Acute Care
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Vineyard Post Acute
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Brookdale Senior Living Inc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 The Alden Network
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 AdventHealth
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Bella Vista Health Center
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About Us
12.2 Glossary of Terms
Table 1. North America Post-Acute Care Market Segmentation
Table 2. US North America Post-Acute Care Market, by Services – Revenue and Forecast to 2030 (US$ Billion)
Table 3. US North America Post-Acute Care Market, by Age – Revenue and Forecast to 2030 (US$ Billion)
Table 4. US North America Post-Acute Care Market, by Disease Conditions – Revenue and Forecast to 2030 (US$ Billion)
Table 5. Canada North America Post-Acute Care Market, by Services – Revenue and Forecast to 2030 (US$ Billion)
Table 6. Canada North America Post-Acute Care Market, by Age – Revenue and Forecast to 2030 (US$ Billion)
Table 7. Canada North America Post-Acute Care Market, by Disease Conditions – Revenue and Forecast to 2030 (US$ Billion)
Table 8. Mexico North America Post-Acute Care Market, by Services – Revenue and Forecast to 2030 (US$ Billion)
Table 9. Mexico North America Post-Acute Care Market, by Age – Revenue and Forecast to 2030 (US$ Billion)
Table 10. Mexico North America Post-Acute Care Market, by Disease Conditions – Revenue and Forecast to 2030 (US$ Billion)
Table 11. Developments Done By Companies
Table 12. Glossary of Terms, North America Post-Acute Care Market
Figure 1. North America Post-Acute Care Market Segmentation, By Country
Figure 2. North America Post-Acute Care Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Post-Acute Care Market Revenue (US$ Bn), 2022 – 2030
Figure 5. North America Post-Acute Care Market Revenue Share, by Services, 2022 & 2030 (%)
Figure 6. Skilled Nursing Facilities: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 7. Inpatient Rehabilitation Facilities: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 8. Long-Term Care Hospitals: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 9. Home Health Agencies: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 10. Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 11. North America Post-Acute Care Market Revenue Share, by Age, 2022 & 2030 (%)
Figure 12. Elderly: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 13. Adults: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 14. Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 15. North America Post-Acute Care Market Revenue Share, by Disease Conditions, 2022 & 2030 (%)
Figure 16. Amputations: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 17. Wound Management: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 18. Brain Injury and Spinal Cord Injury: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 19. Neurological Diseases: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 20. Others: North America Post-Acute Care Market – Revenue and Forecast to 2030 (US$ Billion)
Figure 21. North America Post-Acute Care Market, by Key Country – Revenue (2022) (US$ Billion)
Figure 22. North America Post-Acute Care Market, By Key Countries, 2022 and 2030 (%)
Figure 23. US North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
Figure 24. Canada North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
Figure 25. Mexico North America Post-Acute Care Market Revenue and Forecast to 2030 (US$ Bn)
The List of Companies – 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
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