US Post Acute Care Market: Rise in Geriatric Population to Remain Strong Growth Stimulant, Besides Chronic Ailment Burden
The U.S. post-acute care market is expected to reach USD 481.08 billion by 2025 growing at a CAGR of 4.3% over the study period. The health care industry is evolving and growing at a fast pace. Adroit Market Research gauges into new growth probabilities and evaluates future probabilities of segment potential, investment innovations and the like that are relevant to churn out maximum investment returns in a highly competitive landscape wherein new market participants are aiming disruption whereas established players are reinventing their offerings to comply with regulatory policies, growth models and objectives, patient pool requirements and industry specificities.
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With massive technological interventions, burgeoning ailments, and greater need for effective care delivery, health-tech is emerging as the most logical answer. Besides therapeutic delivery, one remains more important is the unparalleled need to improve post acute care capabilities for improved health outcome. Owing to multi-dimensional initiatives undertaken by government towards improved healthcare service delivery, US post acute care market is expected to remain highly optimistic in the forthcoming years.
Shift of majority of population towards care outside hospital and clinics is expected to reduce the costs in coming years and will be a vital element of healthcare spending in the U.S. PAC providers, on the other hand, have underinvested in technology (software) aspects In the past, but now the landscape has been changing in past few years. Increased investments regarding adoption of latest software has been seen in order to cater high patient volumes. As a result, technology providers that offer tools to aid PAC providers for improvement in coordination of care is expected to gain traction in coming years.
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Post acute care market advances are strongly supported by an optimistic rise in geriatric population on the back of baby boomer population. As this demographic population stands greater exposure to health hazards, recurrent hospital visits are often followed by appropriate post acute care services which mainly comprise of rehabilitation offerings. Post-acute care in the US is fragmented into home-based services, stay-in rehab center services, long term hospital care as well as nursing facilities.
Technological Innovations Such as Remote Patient Monitoring to Remain Crucial Growth Influencer
Expert research initiatives highlight the revenue potential of segments such as skilled nursing facilities and rehabilitation centers are poised to underpin maximum ROI. However, market participants are also focusing extensively towards technological innovations ton improve segments such as home-based acute care services in the US. Patient monitoring system is attributed to remain a major game changer in US post acute care market. Technological interventions in acute patient care is anticipated to curb financial burden as well, encouraging further adoption.
The post-acute care service providers need to focus on hiring the older employees for its business as they would come with an experience, professionalism, and empathy and thus help in generating revenues for the service providers. Such focus areas will help new entrants to make space in highly competitive market.
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Segment overview of U.S. Post-Acute Care Market
Type Overview , 2013-2025 (USD Million)
- Skilled nursing facilities
- Home health
- Long term acute care hospitals
- Inpatient rehabilitation facilities
Application Overview, 2013-2025 (USD Billion)
- Child
- Adult
- Elderly
Regional Overview, 2013-2025 (USD Billion)
- West
- Southwest
- Middle Atlantic
- New England
- South U.S.
- Midwest
What does the report include?
- The report focuses on post-acute market on the basis of treatment type.
- The study on the U.S post-acute market includes qualitative factors such as patient profiles, drivers, restraints and opportunities.
- The study covers qualitative and quantitative analysis of the market segmented on the basis of type, application and region. Moreover, the study provides similar information for the key geographies
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market
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