How is the Post-Acute Care Market Poised for Growth: Trends and Opportunities Through 2034
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How has the post-acute care market grown over the years?
The market size of post-acute care has witnessed a robust growth in past years. The value is expected to increase from $830.27 billion in 2024 to $884.61 billion in 2025 due to a compound annual growth rate (CAGR) of 6.5%. The historic expansion can be ascribed to factors such as the rise in the elderly population, reforms in healthcare policies, measures to reduce hospital readmissions, emphasis on value-oriented care, preventive care, and early discharge systems, along with health information exchange.
What Is the forecasted market size and growth rate for the post-acute care market?
Predictions suggest a dramatic increase in the post-acute care market in the coming years, anticipating it to reach a value of “$1206.42 billion by 2029, with an annual compound growth rate of 8.1%. This anticipated surge during the forecast period is primarily due to factors such as the rising prevalence of chronic diseases, emphasis on patient results, readiness for pandemics, growth of palliative care provisions, and management of population health. The prediction period also forecasts major trends including patient-oriented treatment, coordinated care and transition, data analytics for enhancing performance, technologies for remote patient monitoring, comprehensive care collaboration, and the incorporation of artificial intelligence.
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What are the major factors driving growth in the post-acute care market?
The escalation in instances of chronic illnesses is projected to stimulate expansion in the post-acute care market in the future. Chronic illness is deemed as a health concern that evolves over a period and persists or leaves long-term effects. Various methods, including post-acute care interventions like surgery, physiotherapy, mental health counseling, and radiotherapy, are used to manage these chronic conditions. However, medication remains one of the foremost approaches for treatment. The demand for post-acute care has risen owing to an upsurge in chronic diseases. As an illustration, the Centers for Disease Control and Prevention, the US’s national public health agency, stated in February 2024 that 129 million individuals in the US suffer from at least one severe chronic disease. Approximately 90% of the yearly health care expenditure of $4.1 trillion is devoted to handling and treating chronic illnesses and mental health disorders. Consequently, the proliferation of chronic illnesses is fueling the progress of the post-acute care market in the forthcoming period.
What key areas define the segmentation of the global post-acute care Market?
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
Subsegments:
1) By Skilled Nursing Facilities: Rehabilitation Services, Long-Term Care Services, Transitional Care Services
2) By Inpatient Rehabilitation Facilities: Physical Rehabilitation, Occupational Rehabilitation, Speech Rehabilitation
3) By Long Term Care Hospitals: Ventilator Care, Complex Medical Care, Chronic Disease Management
4) By Hospice Care: In-Home Hospice Care, Hospice Facilities, Palliative Care Services
5) By Home Healthcare Agencies: Nursing Care, Physical Therapy, Medical Social Services
6) By Other Services: Respite Care, Adult Day Care, Telehealth Services
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What are the top market players propelling the growth of the post-acute care industry?
Major companies operating in the post-acute care market include AMITA Health, Amedisys Inc., Athena Healthcare Systems, Bella Vista Health Center, Brookdale Senior Living Solutions, Care Centrix Inc., Sonoma Post Acute, Covenant Care California LLC, Alden Management Services Inc., Kindred Healthcare, Benchmark Senior Living, Encompass Health Corporation, Evernorth Health Inc., LHC Group Inc., Genesis Healthcare, Atrium Health, National HealthCare Corporation, The Ensign Group Inc., ProMedica Senior Care, PruittHealth Holdings Inc., Consulate Health Care Corporation, Signature HealthCARE LLC, SavaSeniorCare Administrative Services Inc., Five Star Senior Living Inc., Golden Living Senior Lifestyle Support, Life Care Centers of America Inc., Vibra Healthcare LLC, Diversicare Healthcare Services Inc., Nexion Health Inc., Orianna Health Systems, Regency Integrated Health Services LLC, Fundamental Clinical & Operational Services LLC, CareOne Management LLC, Daybreak Venture Partners, Marquis Health Services LLC
What are the key trends shaping the future of the post-acute care market?
The increasing trend of product innovations is becoming prominent in the post-acute care market. To maintain their market standing, companies are unveiling new offerings. For instance, PointClickCare, a healthcare technology organization from the US, introduced its Integrated Virtual Health Solution technology in October 2022. This technology guarantees a real-time link between patients and actual healthcare professionals, ensuring improved care. It also aids patients who reside in underserved or hard-to-access areas.
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What regions are dominating the post-acute care market growth?
North America was the largest region in the post-acute care market in 2024. North America is expected to be the fastest-growing region in the global post-acute care market during the forecast period. The regions covered in the post-acute care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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