Global Nursing Care Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Service Type;
Home Health Care Providers, Nursing Care Facilities, Group Care Homes, and Retirement Communities.By Type Of Expenditure;
Public Expenditure, and Private Expenditure.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Nursing Care Market (USD Million), 2021 - 2031
In the year 2024, the Global Nursing Care Market was valued at USD 1,312.93 million. The size of this market is expected to increase to USD 1,894.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.
The global nursing care market stands at the forefront of healthcare services, playing a pivotal role in ensuring patient well-being across diverse settings. With a rapidly aging population, increasing prevalence of chronic diseases, and advancements in medical technology, the demand for nursing care services continues to escalate worldwide. This burgeoning market encompasses a spectrum of services ranging from skilled nursing facilities to home healthcare, offering personalized care and support tailored to individual needs.
The global nursing care market has witnessed significant transformations driven by evolving healthcare policies, shifting demographics, and emerging healthcare delivery models. Technological innovations such as telemedicine, electronic health records, and remote patient monitoring have revolutionized nursing care delivery, enhancing efficiency, accessibility, and quality of services. Moreover, the COVID-19 pandemic has underscored the indispensable role of nurses in frontline healthcare, catalyzing further advancements in nursing practices and infrastructure to meet the evolving healthcare needs of populations worldwide.
As the global healthcare landscape continues to evolve, the nursing care market is poised for continued growth and innovation. From adopting evidence-based practices to embracing interdisciplinary collaboration, stakeholders in the nursing care sector are embracing novel approaches to optimize patient outcomes and enhance healthcare delivery. With a focus on promoting patient-centered care, improving care coordination, and addressing healthcare disparities, the global nursing care market is primed to play a central role in shaping the future of healthcare delivery on a global scale.
Global Nursing Care Market Recent Developments
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In December 2020, Sun Healthcare Group Inc. was acquired by Genesis HealthCare, which operated skilled nursing facilities, assisted and independent living centers, and behavioral health centers across 23 states in the United States, enhancing its reach and services in the healthcare sector.
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In June 2020, Kindred Healthcare, LLC expanded its long-term acute care hospitals by adding acute inpatient rehabilitation units (ARUs). The new ARUs provided intensive, multidisciplinary clinical and rehabilitation services along with 24-hour nursing care, enhancing the level of patient support and recovery.
Segment Analysis
The global nursing care market is a multifaceted landscape, comprising various service types tailored to meet the diverse healthcare needs of individuals across different stages of life. Home health care providers, offering a spectrum of medical and non-medical services in the comfort of patients' homes, represent a growing segment within the nursing care market. With an emphasis on personalized care plans and convenience, home health care providers cater to individuals recovering from illness or surgery, as well as those managing chronic conditions, empowering them to maintain independence while receiving necessary support.
Nursing care facilities, including skilled nursing facilities and long-term care centers, serve as vital hubs for individuals requiring round-the-clock medical care and assistance with activities of daily living. These facilities provide a continuum of care, ranging from rehabilitative therapies to specialized dementia care, ensuring residents receive comprehensive support tailored to their unique needs. Similarly, group care homes and retirement communities offer supportive environments for older adults, fostering social engagement, recreational activities, and access to healthcare services within a communal setting.
In terms of expenditure, the nursing care market is influenced by both public and private funding streams, reflecting the collaborative efforts of governments, insurers, and individuals in financing healthcare services. Public expenditure, driven by government healthcare programs and initiatives, plays a crucial role in ensuring access to nursing care services for vulnerable populations, including the elderly and individuals with disabilities. Conversely, private expenditure encompasses out-of-pocket payments, private insurance coverage, and employer-sponsored healthcare benefits, enabling individuals to access nursing care services based on their financial resources and insurance coverage.
The nursing care market's dynamic ecosystem, characterized by a diverse range of service providers and funding mechanisms, underscores the importance of collaboration and innovation in meeting the evolving healthcare needs of populations worldwide. By fostering partnerships between public and private stakeholders and leveraging technology-driven solutions, the nursing care sector is poised to navigate challenges and capitalize on opportunities for growth and advancement in the global healthcare landscape.
Global Nursing Care Segment Analysis
In this report, the Global Nursing Care Market has been segmented by Service Type, Type Of Expenditure, and Geography.
Global Nursing Care Market, Segmentation by Service Type
The Global Nursing Care Market has been segmented by Service Type into Home Health Care Providers, Nursing Care Facilities, Group Care Homes, and Retirement Communities.
The global nursing care market has undergone profound segmentation based on service type, reflecting the diverse range of healthcare needs and preferences among individuals worldwide. Home health care providers stand as a pillar of this market, offering essential medical and non-medical services within the comfort of patients' homes. This segment has witnessed significant growth, driven by factors such as aging populations, advancements in telehealth technology, and a growing preference for personalized care delivery. Home health care providers play a crucial role in supporting individuals recovering from illness or surgery, managing chronic conditions, and promoting independence while ensuring access to high-quality healthcare services.
Complementing home health care providers are nursing care facilities, including skilled nursing facilities and long-term care centers, which cater to individuals requiring intensive medical care and assistance with daily activities. These facilities provide a continuum of care, from rehabilitative therapies to specialized dementia care, in a structured and supportive environment. Group care homes and retirement communities offer additional options for older adults seeking social engagement, recreational activities, and access to healthcare services within a communal setting. These segments within the nursing care market address the diverse needs and preferences of individuals across different life stages and healthcare requirements.
In understanding the dynamics of the global nursing care market, it is crucial to consider the interplay between service types and their impact on healthcare delivery and expenditure. The availability and accessibility of home health care providers, nursing care facilities, group care homes, and retirement communities vary across regions and healthcare systems, influenced by factors such as demographic trends, healthcare policies, and cultural norms. As demand for nursing care services continues to rise, fueled by demographic shifts and evolving healthcare needs, stakeholders in the nursing care sector must adapt and innovate to meet the challenges and opportunities presented by this dynamic market landscape.
Global Nursing Care Market, Segmentation by Type Of Expenditure
The Global Nursing Care Market has been segmented by Type Of Expenditure into Public Expenditure, and Private Expenditure.
The segmentation of the global nursing care market by type of expenditure offers valuable insights into the financial dynamics shaping the provision and accessibility of nursing care services worldwide. Public expenditure encompasses funds allocated by governments and public healthcare systems to support nursing care services, ensuring access for vulnerable populations and underserved communities. This segment plays a pivotal role in promoting healthcare equity and addressing societal needs, with investments directed towards initiatives such as government-funded healthcare programs, subsidies for nursing care facilities, and public health interventions aimed at improving population health outcomes.
Private expenditure comprises out-of-pocket payments, private insurance coverage, and employer-sponsored healthcare benefits, reflecting individual and corporate investments in nursing care services. Private expenditure affords individuals greater flexibility and choice in accessing healthcare services, with options ranging from home health care providers to premium nursing care facilities and retirement communities. Additionally, private insurance coverage and employer-sponsored healthcare benefits often provide financial assistance and incentives for individuals seeking nursing care services, supplementing public healthcare provisions and fostering a diverse healthcare ecosystem.
Understanding the interplay between public and private expenditure is essential for stakeholders in the global nursing care market to navigate the complexities of healthcare financing and delivery effectively. While public expenditure aims to ensure equitable access to nursing care services for all, private expenditure introduces market dynamics driven by consumer preferences, purchasing power, and insurance coverage. Collaborative efforts between public and private sectors are crucial in optimizing healthcare resource allocation, enhancing service quality, and addressing disparities in healthcare access. By leveraging insights from both public and private expenditure segments, stakeholders can develop strategies to promote sustainable and inclusive healthcare systems that meet the diverse needs of populations worldwide.
Global Nursing Care Market, Segmentation by Geography
In this report, the Global Nursing Care Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Nursing Care Market Share (%), by Geographical Region, 2024
The global nursing care market, geographical segmentation into five distinct regions provides a comprehensive understanding of regional nuances, healthcare infrastructures, and prevailing trends. North America, comprising the United States and Canada, stands as a key market driver, characterized by robust healthcare systems, technological advancements, and a growing elderly population. The region boasts a diverse array of nursing care services, ranging from home health agencies to specialized nursing care facilities, supported by well-established reimbursement mechanisms and regulatory frameworks.
Europe represents another significant region in the global nursing care market, renowned for its universal healthcare coverage, aging demographics, and emphasis on quality care standards. Countries within the European Union, such as Germany, France, and the United Kingdom, showcase a mix of public and private nursing care providers, catering to the evolving needs of diverse populations. Additionally, initiatives promoting aging in place and community-based care models underscore the region's commitment to enhancing accessibility and affordability of nursing care services.
In the Asia Pacific region, rapid urbanization, demographic shifts, and rising healthcare expenditures drive dynamic growth within the nursing care market. Countries like Japan, China, and India exhibit burgeoning demand for nursing care services, fueled by aging populations, changing disease profiles, and increasing awareness of healthcare needs. Despite disparities in healthcare infrastructure and regulatory frameworks across countries, investments in healthcare reform, technology adoption, and workforce development signal promising opportunities for market expansion and innovation.
The Middle East and Africa, along with Latin America, present unique challenges and opportunities within the global nursing care market. These regions grapple with healthcare infrastructure disparities, socioeconomic factors, and cultural norms influencing healthcare utilization patterns. However, efforts to strengthen healthcare systems, improve access to primary care services, and address chronic disease burdens underscore a growing recognition of the importance of nursing care in promoting population health and well-being. By understanding regional dynamics and tailoring strategies to local contexts, stakeholders can navigate the complexities of the global nursing care market and capitalize on emerging opportunities for sustainable growth and impact.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Nursing Care Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising Chronic Diseases
- Increasing Healthcare Expenditure
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Growing Demand for Home Healthcare - The growing demand for home healthcare services signifies a significant shift in healthcare delivery preferences, driven by factors such as demographic changes, advancements in technology, and the desire for personalized care solutions. Home healthcare offers patients the convenience of receiving medical attention and support within the familiar surroundings of their own homes, promoting comfort, autonomy, and continuity of care. This trend is particularly pronounced in aging populations, where individuals prefer to age in place while managing chronic conditions or recovering from acute illnesses, fostering a surge in demand for home healthcare providers globally.
The rise in demand for home healthcare is also fueled by technological innovations that enable remote monitoring, telemedicine consultations, and home-based medical devices, enhancing the quality and scope of services delivered outside traditional healthcare settings. Patients can now access a wide range of healthcare services, including skilled nursing care, medication management, physical therapy, and palliative care, without the need for frequent hospital visits or institutionalization. Additionally, home healthcare offers cost-effective alternatives to inpatient care, reducing healthcare expenditures and alleviating strain on healthcare systems, making it an attractive option for both patients and payers alike.
The COVID-19 pandemic has further accelerated the adoption of home healthcare services as healthcare organizations and policymakers seek to minimize infection risks and preserve hospital capacity. Telehealth platforms and virtual care solutions have witnessed unprecedented growth, facilitating remote consultations and monitoring for patients managing chronic conditions or recovering from COVID-19. This shift towards home-based care models is expected to persist beyond the pandemic, driving innovation and investment in home healthcare infrastructure, workforce training, and care coordination mechanisms, ultimately reshaping the future of healthcare delivery worldwide.
Restraints:
- Workforce Shortages
- Cost Pressures
- Healthcare Inequality
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Infrastructure Gaps - Infrastructure gaps present significant challenges within the global healthcare landscape, impacting the accessibility, quality, and efficiency of healthcare services across regions. These gaps encompass deficiencies in physical infrastructure, healthcare facilities, medical equipment, and technology infrastructure, hindering the delivery of timely and equitable healthcare to populations in need. Particularly in underserved and remote areas, infrastructure gaps exacerbate healthcare disparities, limiting access to essential services and impeding efforts to improve health outcomes and quality of life.
The lack of adequate healthcare infrastructure contributes to disparities in healthcare access and outcomes, disproportionately affecting vulnerable populations, including low-income communities, rural residents, and marginalized groups. Insufficient healthcare facilities, medical equipment shortages, and inadequate transportation infrastructure impede patients' ability to seek timely medical attention, leading to delays in diagnosis, treatment, and disease management. Furthermore, infrastructure gaps undermine efforts to address public health emergencies and pandemics, hindering the capacity to respond effectively to health crises and mitigate their impact on communities.
Addressing infrastructure gaps in healthcare requires comprehensive strategies encompassing investments in physical infrastructure, healthcare workforce development, technology adoption, and health system strengthening initiatives. Governments, policymakers, and healthcare stakeholders must prioritize infrastructure investments to expand healthcare access, improve service delivery, and enhance resilience in the face of emerging health challenges. Collaborative efforts between public and private sectors, as well as international partnerships, are essential to mobilize resources, share best practices, and leverage expertise in addressing infrastructure gaps and building sustainable healthcare systems that meet the evolving needs of populations worldwide.
Opportunities:
- Telemedicine Integration
- Personalized Care Solutions
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Preventive Healthcare Focus - The growing emphasis on preventive healthcare marks a paradigm shift in healthcare strategies, prioritizing proactive measures to promote wellness, prevent disease, and mitigate health risks before they escalate into more serious conditions. Preventive healthcare encompasses a spectrum of interventions, including health education, screening programs, vaccinations, lifestyle modifications, and early detection initiatives, aimed at reducing the burden of preventable diseases and improving population health outcomes. This preventive approach recognizes that investing in wellness and disease prevention not only enhances individual well-being but also yields long-term benefits in terms of healthcare cost savings, productivity gains, and improved quality of life.
Preventive healthcare initiatives target modifiable risk factors and address underlying determinants of health, such as unhealthy behaviors, environmental exposures, and socioeconomic disparities, which contribute to the development of chronic diseases and other health conditions. By empowering individuals to adopt healthier lifestyles, make informed healthcare decisions, and access timely screenings and preventive services, preventive healthcare interventions can help reduce the incidence of preventable illnesses, lower healthcare costs, and alleviate strain on healthcare systems. Moreover, preventive healthcare fosters a culture of health promotion and empowerment, empowering individuals to take an active role in managing their health and well-being throughout the lifespan.
In light of the global burden of chronic diseases, aging populations, and emerging health threats, the preventive healthcare focus has gained prominence on national and global health agendas, prompting governments, healthcare organizations, and public health agencies to prioritize preventive measures in healthcare policy, planning, and resource allocation. Investments in preventive healthcare infrastructure, community-based interventions, digital health technologies, and population health management initiatives are essential to realize the full potential of preventive healthcare in reducing disease burden, promoting health equity, and achieving sustainable healthcare systems that prioritize wellness and prevention alongside treatment and care.
Competitive Landscape Analysis
Key players in Global Nursing Care Market include:
- Genesis Healthcare
- Kaiser Permanente
- Brookdale Senior Living
- Kindred Healthcare, LLC
- The Ensign Group, Inc.
- Encompass Health Corporation
- Sunrise Senior Living
- BAYADA Home Health Care
- Extendicare
- Gentiva Health Services
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By Type Of Expenditure
- Market Snapshot, By Region
- Global Nursing Care Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Chronic Diseases
- Increasing Healthcare Expenditure
- Growing Demand for Home Healthcare
- Restraints
- Workforce Shortages
- Cost Pressures
- Healthcare Inequality
- Infrastructure Gaps
- Opportunities
- Telemedicine Integration
- Personalized Care Solutions
- Preventive Healthcare Focus
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Nursing Care Market, By Service Type, 2021-2031 (USD Million)
- Home Health Care Providers
- Nursing Care Facilities
- Group Care Homes
- Retirement Communities
- Global Nursing Care Market, By Type Of Expenditure, 2021-2031 (USD Million)
- Public Expenditure
- Private Expenditure
- Global Nursing Care Market, By Geography, 2021-2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Nursing Care Market, By Service Type, 2021-2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Genesis Healthcare
- Kaiser Permanente
- Brookdale Senior Living
- Kindred Healthcare, LLC
- The Ensign Group, Inc.
- Encompass Health Corporation
- Sunrise Senior Living
- BAYADA Home Health Care
- Extendicare
- Gentiva Health Services
- Company Profiles
- Analyst Views
- Future Outlook of the Market