Private Nursing Services Market by Service type (Retirement Communities, Group Care Homes, Nursing Care Facilities, Home Health Care Providers), By End use (Male nursing care, Female nursing care), Regional Outlook (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026
- RES4072097
- 170 Pages
- February 2020
- Healthcare
Market Definition:
Private nursing services are the services provided to patients or client by professionals who are licensed by Licensed practical nurses (LPN) or registered nurses (RN). These services are offered to clients facing chronic diseases or serious injuries, and to those who need assistance in taking care of a child or elderly people in the house. These services are often provided by private institutions by charging fees as per the client’s situation. These institutions provide quick access to treatment, give an opportunity to select the professional as per client request and many.
Market Drivers:
In the past few years it has been noticed that the rate of chronic diseases is increasing rapidly. If the patient is going through a chronic disease, then the patient needs utmost care and professional treatment. Clients can thus hire a professional to keep an eye on the patient all the time. In addition, with the rise in the geriatric population and the social trends, families are adopting the nuclear family culture. Thus, with a decrease in the family members, it becomes a huge task to take care of the aged people residing in the house. So, rising chronic diseases and increase in the geriatric population it is expected to drive the market.
Market Restraints:
The unavailability of the skilled professionals is considered to be the biggest restraint for the private nursing service market. The lack of skilled professional arises due to the lack of education & skill set and people with appropriate work experience in the sector. This is going to have a huge impact on the private nursing service industry.
Private nursing services by Service type:
Depending on the service type, the market is further segmented into retirement communities, nursing care facilities, home healthcare providers and group care homes. The retirement communities hold the largest growth rate in 2018. The retirement communities’ market was $208.6 billion in 2018 and is predicted to grow by generating a revenue of $353.6 billion by 2026 with a CAGR of 6.8%.
Private nursing services by Application:
Based on the end use, the market is segmented into female nursing care and male nursing care. Female nursing care has the highest growth rate. The female nursing care was $508.9 billion in 2018 and is predicted to grow at a CAGR of 5.4% by generating a revenue of $773.4 billion by 2026.
Private nursing services, by Region
Depending on the region the market is further segmented into Asia-Pacific, North America, Europe and LAMEA. The private nursing service market size of North America region was $317.0 billion in 2018 and is predicted to grow at a CAGR of 5.4% in the forecast period. Asia Pacific accounted for the highest growth across the globe in the forecast period. Asia-Pacific is predicted to grow at a CAGR of 6.3% by generating a revenue of $300.2 billion by 2026.
Key participants in Private nursing services:
The major key players in the private nursing services are The Ensign Group, Inc., Kindred healthcare, LLC, Genesis Healthcare, Brookdale Senior Living, Kaiser Permanente, CBI Health Group Inc., Trinity Health, Columbia Asia, Apollo Hospitals Enterprise Ltd and Grand World Elder Care, among others.
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.4.1. Assumptions
1.4.2. Forecast parameters
1.5. Data sources
1.5.1. Primary
1.5.2. Secondary
2. Executive Summary
2.1. 360° summary
2.2. Service type trends
2.3. End use trends
3. Market Overview
3.1. Market segmentation & definitions
3.2. Key takeaways
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Strategic overview
4. Private Nursing Services, by Service Type
4.1. Retirement Communities
4.1.1. Market size and forecast, by region, 2017-2028
4.1.2. Comparative market share analysis, 2018 & 2028
4.2. Group Care Homes
4.2.1. Market size and forecast, by region, 2017-2028
4.2.2. Comparative market share analysis, 2018 & 2028
4.3. Nursing Care Facilities
4.3.1. Market size and forecast, by region, 2017-2028
4.3.2. Comparative market share analysis, 2018 & 2028
4.4. Home Health Care Providers
4.4.1. Market size and forecast, by region, 2017-2028
4.4.2. Comparative market share analysis, 2018 & 2028
5. Private Nursing Services, by End use
5.1. Male Nursing Care
5.1.1. Market size and forecast, by region, 2017-2028
5.1.2. Comparative market share analysis, 2018 & 2028
5.2. Female Nursing Care
5.2.1. Market size and forecast, by region, 2017-2028
5.2.2. Comparative market share analysis, 2018 & 2028
6. Private Nursing Services, by Region
6.1. North Region
6.1.1. Market size and forecast, by service type, 2017-2028
6.1.2. Market size and forecast, by end-use, 2017-2028
6.1.3. Market size and forecast, by country, 2017-2028
6.1.4. Comparative market share analysis, 2018 & 2028
6.1.5. U.S
6.1.5.1. Market size and forecast, by service type, 2017-2028
6.1.5.2. Market size and forecast, by end-use, 2017-2028
6.1.5.3. Comparative market share analysis, 2018 & 2028
6.1.6. Canada
6.1.6.1. Market size and forecast, by service type, 2017-2028
6.1.6.2. Market size and forecast, by end-use, 2017-2028
6.1.6.3. Comparative market share analysis, 2018 & 2028
6.2. Europe
6.2.1. Market size and forecast, by service type, 2017-2028
6.2.2. Market size and forecast, by end-use, 2017-2028
6.2.3. Market size and forecast, by country, 2017-2028
6.2.4. Comparative market share analysis, 2018 & 2028
6.2.5. UK
6.2.5.1. Market size and forecast, by service type, 2017-2028
6.2.5.2. Market size and forecast, by end-use, 2017-2028
6.2.5.3. Comparative market share analysis, 2018 & 2028
6.2.6. Germany
6.2.6.1. Market size and forecast, by service type, 2017-2028
6.2.6.2. Market size and forecast, by end-use, 2017-2028
6.2.6.3. Comparative market share analysis, 2018 & 2028
6.2.7. France
6.2.7.1. Market size and forecast, by service type, 2017-2028
6.2.7.2. Market size and forecast, by end-use, 2017-2028
6.2.7.3. Comparative market share analysis, 2018 & 2028
6.2.8. Italy
6.2.8.1. Market size and forecast, by service type, 2017-2028
6.2.8.2. Market size and forecast, by end-use, 2017-2028
6.2.8.3. Comparative market share analysis, 2018 & 2028
6.2.9. Rest of Europe
6.2.9.1. Market size and forecast, by service type, 2017-2028
6.2.9.2. Market size and forecast, by end-use, 2017-2028
6.2.9.3. Comparative market share analysis, 2018 & 2028
6.3. Asia-Pacific
6.3.1. Market size and forecast, by service type, 2017-2028
6.3.2. Market size and forecast, by end-use, 2017-2028
6.3.3. Market size and forecast, by country, 2017-2028
6.3.4. Comparative market share analysis, 2018 & 2028
6.3.5. China
6.3.5.1. Market size and forecast, by service type, 2017-2028
6.3.5.2. Market size and forecast, by end-use, 2017-2028
6.3.5.3. Comparative market share analysis, 2018 & 2028
6.3.6. India
6.3.6.1. Market size and forecast, by service type, 2017-2028
6.3.6.2. Market size and forecast, by end-use, 2017-2028
6.3.6.3. Comparative market share analysis, 2018 & 2028
6.3.7. Japan
6.3.7.1. Market size and forecast, by service type, 2017-2028
6.3.7.2. Market size and forecast, by end-use, 2017-2028
6.3.7.3. Comparative market share analysis, 2018 & 2028
6.3.8. South Korea
6.3.8.1. Market size and forecast, by service type, 2017-2028
6.3.8.2. Market size and forecast, by end-use, 2017-2028
6.3.8.3. Comparative market share analysis, 2018 & 2028
6.3.9. Australia
6.3.9.1. Market size and forecast, by service type, 2017-2028
6.3.9.2. Market size and forecast, by end-use, 2017-2028
6.3.9.3. Comparative market share analysis, 2018 & 2028
6.3.10. Rest of Asia Pacific
6.3.10.1. Market size and forecast, by service type, 2017-2028
6.3.10.2. Market size and forecast, by end-use, 2017-2028
6.3.10.3. Comparative market share analysis, 2018 & 2028
6.4. LAMEA
6.4.1. Market size and forecast, by service type, 2017-2028
6.4.2. Market size and forecast, by end-use, 2017-2028
6.4.3. Market size and forecast, by country, 2017-2028
6.4.4. Comparative market share analysis, 2018 & 2028
6.4.5. Middle East
6.4.5.1. Market size and forecast, by service type, 2017-2028
6.4.5.2. Market size and forecast, by end-use, 2017-2028
6.4.5.3. Comparative market share analysis, 2018 & 2028
6.4.6. Africa
6.4.6.1. Market size and forecast, by service type, 2017-2028
6.4.6.2. Market size and forecast, by end-use, 2017-2028
6.4.6.3. Comparative market share analysis, 2018 & 2028
7. Company Profiles
7.1. The ensign group, Inc
7.1.1. Business overview
7.1.2. Financial performance
7.1.3. Product portfolio
7.1.4. Recent strategic moves & developments
7.1.5. SWOT analysis
7.2. Kindred healthcare
7.2.1. Business overview
7.2.2. Financial performance
7.2.3. Product portfolio
7.2.4. Recent strategic moves & developments
7.2.5. SWOT analysis
7.3. Genesis healthcare
7.3.1. Business overview
7.3.2. Financial performance
7.3.3. Product portfolio
7.3.4. Recent strategic moves & developments
7.3.5. SWOT analysis
7.4. Brookdale senior living
7.4.1. Business overview
7.4.2. Financial performance
7.4.3. Product portfolio
7.4.4. Recent strategic moves & developments
7.4.5. SWOT analysis
7.5. Kaiser Permanente
7.5.1. Business overview
7.5.2. Financial performance
7.5.3. Product portfolio
7.5.4. Recent strategic moves & developments
7.5.5. SWOT analysis
7.6. CBI health group Inc.
7.6.1. Business overview
7.6.2. Financial performance
7.6.3. Product portfolio
7.6.4. Recent strategic moves & developments
7.6.5. SWOT analysis
7.7. Trinity health
7.7.1. Business overview
7.7.2. Financial performance
7.7.3. Product portfolio
7.7.4. Recent strategic moves & developments
7.7.5. SWOT analysis
7.8. Columbia Asia
7.8.1. Business overview
7.8.2. Financial performance
7.8.3. Product portfolio
7.8.4. Recent strategic moves & developments
7.8.5. SWOT analysis
7.9. Apollo hospital
7.9.1. Business overview
7.9.2. Financial performance
7.9.3. Product portfolio
7.9.4. Recent strategic moves & developments
7.9.5. SWOT analysis
7.10. Grand world elder care
7.10.1. Business overview
7.10.2. Financial performance
7.10.3. Product portfolio
7.10.4. Recent strategic moves & developments
7.10.5. SWOT analysis
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