US Post Acute Care (PAC) Market Analysis
US post acute care market was worth more than $ 430.0 billion by 2020 and is projected to grow at a rate of 6.0 percent during the forecast time. An increasing number of seniors in the country is predicted to boost the demand for senior services over the next few years.
The requirements of the older population in the United States continue to be an issue for healthcare professionals. In the near-term future, there is a chance that the United States is projected to witness significant growth in the number of its elderly. By 2050, the overall number of those aged 65 and older across the United States is projected to surpass 88.5 million, due mainly to the aging of the baby boomers. The explosive increase in the over 65 population, particularly the 75-84-year-old population, is anticipated to drive the post-acute care market.
Chronic illnesses are among the most widespread and costly health conditions and are increasing within the United States. Around half of Americans are suffering from chronic disease, and the number is growing.
Post Acute Care Market Overview
The transition of the majority of the population outside of clinics and hospitals is expected to reduce costs over the next few years and will become a key element in the healthcare investment of the United States. On the other hand, post acute care businesses have been hesitant to invest in the technological (software) aspect. The past was when the environment was quite different, but the landscape has changed over the last few years.
To accommodate the massive numbers of patients, greater spending on innovative technologies has been observed. This has led to the rise of technology companies with solutions that help post acute care caregivers improve their care management are predicted to gain popularity over the next few years.
According to MWR, The post acute care industry within the United States is set to benefit from the new model of care and pricing based on value. Additionally, the government, providers, and payers are driving the direction of outcomes-based payments and service delivery strategies for the health industry’s quest for high-quality care at lower prices. Health and medical centers are centered on the customer. Centers, for instance, this method of treatment provides better care for chronic diseases.
In addition, the payment bundling system allows for a single payment for each period of treatment, and at the end of the day, it allows the sharing of the benefits of different forms of providing services.
| US Post Acute Care Market Report Scope and Segmentation | |
|---|---|
| ATTRIBUTES | DETAILS |
| ESTIMATED YEAR | 2022 |
| BASE YEAR | 2021 |
| FORECAST YEAR | 2030 |
| HISTORICAL YEAR | 2019-2021 |
| UNIT | Value (USD Million/Billion) |
| BY REGION | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Companies that are included in Post acute care Market Report
- Kindred Healthcare
- Amedisys Inc.
- LHC Group Inc.
- AMITA Health
- San Antonio Behavioral Healthcare Hospital
- Genesis Healthcare Inc.
- Others
Principal Segments of the Post Acute Care Market (US)
By Services
- Inpatient Rehabilitation Facilities
- Skilled Nursing Facilities
- Home Health Agencies
- Hospice Care
- Long-term Care Hospitals
- Others
By Conditions
- Amputations
- Wound Management
- Brain Injury
- Spinal Cord Injury
- Neurological Disorders
- Others
By Age
- Elderly (65 years & older)
- Adult (45-64 years)
- Others
Regional Analysis
- East North Central
- Illinois
- Indiana
- Michigan
- Ohio
- Wisconsin
- West South Central
- Arkansas
- Louisiana
- Oklahoma
- Texas
- South Atlantic
- Delaware
- Florida
- Georgia
- Maryland
- North Carolina
- South Carolina
- Virginia
- Washington
- District of Columbia
- Northeast
- Connecticut
- Massachusetts
- Maine
- New Hampshire
- New Jersey
- New York
- Pennsylvania
- Rhode Island
- Vermont
- East South Central
- Alabama
- Kentucky
- Mississippi
- Tennessee
- West North Central
- Iowa
- Kansas
- Minnesota
- Missouri
- North Dakota
- Nebraska
- South Dakota
- Pacific Central
- Alaska
- California
- Hawaii
- Oregon
- Mountain States
- Arizona
- Colorado
- Idaho
- Montana
- New Mexico
- Nevada
- Utah
- Wyoming
The reasons for studying
- The goal of the study is to provide an in-depth view of the post acute care market in the US post acute care market
- Make sure you stay competitive with new developments are made by key players that can boost your market share
What does post acute care market cover?
- The research on market conditions in the US post acute care market also includes qualitative elements like drivers, constraints, and opportunities.
- The study analyzes quantitative and qualitative aspects of market segments by the type of product and its application. In addition, the study provides similar data for the most important geographic regions.
- Forecasts and market size estimates are available for all the segments mentioned above.
- The study examines the competitive landscape for the current and prospective companies within the US post-acute care industry and their strategic plans for developing products.
Who should purchase this document?
- This research is beneficial to those in the industry as well as those involved in the US post acute care market
- Product managers seeking to publish current and forecasted data related to post-acute care in the US post acute care market
- Authorities, government agencies, regulators, and policymakers, as well as organizations looking to invest in the trends in the US post-acute market
- Researchers, analysts, teachers, strategists, and institutions of government are looking for market insights to establish future strategies