Skilled Nursing Facility Market Forecast 2026–2035: How to Leverage Market Growth
Uncover key drivers, emerging technologies, and competitive movements shaping the skilled nursing facility market from 2026–2035 with trusted insights from The Business Research Company
What growth pattern is forecast for the Skilled Nursing Facility Market size between 2026 and 2035?
The skilled nursing facility market size has demonstrated significant expansion in recent years. This market is set to increase from $364.68 billion in 2025 to $395.55 billion in 2026, reflecting a compound annual growth rate (CAGR) of 8.5%. Several elements have driven its historical growth, including aging population growth, rising prevalence of chronic diseases, expansion of post-acute care services, increasing hospital discharge rates, and the development of long-term care infrastructure.
The skilled nursing facility market is anticipated to exhibit significant growth in the upcoming years, expanding to $541.14 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 8.2%. This growth over the forecast period is fueled by an escalating demand for value-based care models, the increasing adoption of telehealth services, the broadening of home-to-facility care transitions, rising investments in healthcare digitalization, and a heightened focus on patient-centric care delivery. Prominent trends expected during this period include a greater embrace of digital health record systems, the expanding integration of remote patient monitoring tools, a stronger emphasis on quality outcome measurement, the development of specialized rehabilitation programs, and an enhanced focus on care coordination.
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Which Drivers Are Impacting Market Performance In The Skilled Nursing Facility Market?
The increasing prevalence of chronic diseases is expected to propel the growth of the skilled nursing facility market going forward. Chronic diseases are long-term, often incurable, but manageable conditions that significantly impact health, disability, and healthcare costs. The widespread nature of chronic disease arises from an aging population, unhealthy diets, and environmental and socioeconomic factors. A skilled nursing facility delivers specialized care and long-term support for individuals with complex health needs. This service helps manage chronic conditions more effectively and improves patient outcomes through dedicated medical and rehabilitation services. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based medicine library, the number of people aged 50 and above who suffer from one or more chronic illnesses is projected to increase by 99.5% by 2050, from 71.52 million in 2020 to 142.66 million. Therefore, the prevalence of chronic diseases is a key driver for the skilled nursing facility market.
What Segment Types Are Examined In The Skilled Nursing Facility Market?
The skilled nursing facility market covered in this report is segmented –
1) By Type: Freestanding, Hospital
2) By Ownership: For Profit, Non-Profit, Government
3) By Services Type: Intensive Rehabilitation Therapy, Low And Medium Rehabilitation, Medically Complex, Other Service Types
Subsegments:
1) By Freestanding: Independent Skilled Nursing Facilities, Specialty Skilled Nursing Facilities, Transitional Care Units
2) By Hospital: Acute Care Hospitals with Skilled Nursing Units, Rehabilitation Hospitals, Long-Term Acute Care Hospitals
What Industry Trends Are Transforming The Skilled Nursing Facility Market?
Leading companies in the skilled nursing facility market are developing advanced technological solutions, such as sensors within nursing facilities, to improve patient outcomes, enhance staff efficiency, and ensure adherence to regulations. A nursing facility sensor is designed to observe and identify various conditions or activities pertinent to the residents’ health, safety, and overall welfare. For instance, in November 2023, MOBOTIX AG, a Germany-based producer of intelligent IP video systems, and Kepler Vision Technologies, a Netherlands-based firm offering complete software solutions, introduced an intelligent sensor for hospital staff and care settings. A unique aspect of Kepler’s software, incorporated into the MOBOTIX c71 Hemispheric Indoor Camera, is its capability to accurately detect incidents like falls or individuals getting out of bed, while substantially decreasing false alarms compared to other automated systems. This innovation boosts care for the elderly, the infirm, and those requiring nursing assistance, simultaneously reducing staff workload and improving cost efficiency. The solution prioritizes resident privacy by not storing images, instead using them solely for identifying critical events.
Who Are The Prominent Global Companies Shaping The Skilled Nursing Facility Market Landscape?
Major companies operating in the skilled nursing facility market are Encompass Health Corporation, Genesis HealthCare Inc., Sunrise Senior Living LLC, Life Care Centers of America, The Ensign Group Inc., Brookdale Senior Living Solutions, LHC Group Inc., Saber Healthcare Group, Amedisys Inc., Sava SeniorCare LLC, Consulate Health Care, PruittHealth Corp., Signature HealthCARE LLC, National HealthCare Corporation, Extendicare, The Evangelical Lutheran Good Samaritan Society, Vibra Healthcare LLC, Diversicare Healthcare Services Inc., Trilogy Health Services LLC, ProMedica Senior Care, Life Care Companies LLC, Atrium Health & Senior Living, Golden Living, ManorCare Health Services, CommuniCare Health Centers
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Which Geographic Areas Are Emerging As Strong Markets For The Skilled Nursing Facility Market?
North America was the largest region in the skilled nursing facility market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skilled nursing facility market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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