The
Post-Acute Care Global Market Report 2024 by The Business Research Company
provides market overview across 60+ geographies in the seven regions -
Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the
Middle East, and Africa, encompassing 27 major global industries. The report
presents a comprehensive analysis over a ten-year historic period (2010-2021)
and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Post-Acute Care Market:
https://www.thebusinessresearchcompany.com/report/post-acute-care-global-market-report
According to The Business Research Company’s Post-Acute Care Global Market
Report 2024, The post-acute care market size has grown strongly in recent
years. It will grow from $771.4 billion in 2023 to $824.86 billion in 2024 at a
compound annual growth rate (CAGR) of 6.9%. The
growth in the historic period can be attributed to aging population,
healthcare policy changes, hospital readmission reduction initiatives, focus on
value-based care, preventive care and early discharge, health information
exchange.
The post-acute care market size is expected to see strong growth in the next
few years. It will grow to $1092.06 billion in 2028 at a compound annual growth
rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to
rise in chronic disease burden, focus on patient outcomes, pandemic
preparedness, expansion of palliative care services, population health
management. Major trends in the forecast period include patient-centered care,
care coordination and transitions, data analytics for performance improvement,
remote patient monitoring technologies, collaboration across care continuum,
integration of artificial intelligence.
The growing number of chronic diseases is expected to propel the growth of the
post-acute care market going forward. A sickness or health condition that
develops over time and is persistent or has other long-lasting impacts is
referred to as a chronic disease. There are several ways to treat chronic
illness, including post-acute care like surgery, physical therapy, psychological
counseling, and radiotherapy. The use of medication, however, is one of the
most popular therapeutic modalities. There has been an increase in the need of
post-acute care as the number of chronic diseases is increasing. For instance,
in January 2023, according to the National Library of Medicine, a US-based
biomedical library, there will be 142.66 million people aged 50 and older in
2050 who have at least one chronic disease, up from 71.522 million in 2020, a
99.5% rise. Therefore, the growing number of chronic diseases is driving the
growth of the post-acute care market going forward.
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The post-acute care market covered in this report is segmented –
1) By Service: Skilled Nursing Facilities, Inpatient Rehabilitation Facilities,
Long Term Care Hospitals, Hospice Care, Home Healthcare Agencies, Other
Services
2) By Conditions: Amputations, Wound Management, Brain Injury, Spinal Cord
Injury, Neurological Disorders, Other Conditions
3) By Age: Elderly, Adult, Others
4) By Delivery Model: Hospital-Based, Freestanding, Home-Based
5) By Application: Chronic Care, Rehabilitation, Post-Acute Care
Product innovations are a key trend gaining popularity in the post-acute care
market. Companies operating in the post-acute care market are launching new
products to sustain their position in the market. For instance, in October
2022, PointClickCare, a US-based healthcare technology platform launched
Integrated Virtual Health Solution technology. The real-time connection between
a patient and a real healthcare provider is ensured by this technology,
providing better care and assisting patients in underserved or
difficult-to-reach areas or locales.
The post-acute care market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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