Global skilled nursing services market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing awareness of the benefits associated with the adoption of skilled nursing services in providing better quality of health care.

Key Market Competitors:

Few of the major competitors currently working in the global skilled nursing services market are Strategic Healthcare Programs, L.L.C.; SABER HEALTHCARE GROUP; Golden LivingCenters; Genesis HealthCare; Sunrise Senior Living; Life Care Centers of America Corporate; Atria Senior Living, Inc.; Brookdale Senior Living Solutions; EXTENDICARE; Amedisys; HCR ManorCare; Benchmark Senior Living; AdventHealth; Northern Regional Hospital; Lake Regional Health System; Shannon Medical Center; American Senior Communities; Norman Regional Health System among others.

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This Global Skilled Nursing Services Market research report is an incredible source of outstanding information, present market patterns, future occasions, market condition, mechanical advancement, upcoming advances and the specialized improvement in the related business. All the data, insights and information incorporated into this Skilled Nursing Services report is accumulated from the honest sources, for example, sites, papers, diaries, white papers, mergers, and yearly reports of the organizations. To prevail in this aggressive commercial center, the report proves to be a helpful asset by offering significant and noteworthy information for business.

This Skilled Nursing Services report covers miscellaneous market segments and regions, explores the hidden opportunities present there, endows with intelligent solutions to the versatile business challenges and instigates an unproblematic decision-making process. Since Skilled Nursing Services market is continuously evolving so it is important for the market players to track the ongoing advancement, so they need to consider this Skilled Nursing Services report for strategizing their moves and minimizing the risk accordingly. The data has been collected and validated through reliable sources such as websites; annual reports of the companies, journals, and others and were checked and validated by the market experts.

Market Definition: Global Skilled Nursing Services Market

Skilled nursing services are the services provided by highly trained professional nurses to patients in relation to wound dressings, monitoring the status of patients’ disease, rehabilitation, feeding, bathing, hygiene maintenance and other significant services. These services are provided by a professional service provider having a high volume of workforce of skilled nurses. These services are provided to healthcare facilities, hospitals, clinics or even for home care.

Market Drivers

Increasing prevalence of geriatric population globally is expected to propel the growth of the market
Growing volume of population suffering from dementia and Alzheimer’s disease is expected to boost the growth of the market
Increased volume of patients suffering from a variety of chronic diseases which has been related to cause a rise of Alzheimer’s is another factor driving the market growth

Market Restraints

Large levels of costs associated with these services is expected to restrict the growth of the market
Lack of preference and acceptance rate for these services is expected to hinder the growth of the market

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Key Developments in the Market:

In July 2019, Strategic Healthcare Programs, L.L.C. announced that they had enhanced their offerings with the introduction of “SHP for Skilled Nursing” software solution. SHP’s expertise in providing specialized solution for home, hospice and hospital facilities have been combined to provide high quality services for skilled nursing facilities. The software enables greater management capabilities and improvement of services
In November 2017, SABER HEALTHCARE GROUP announced that they had implemented their first telemedicine program developed in partnership with TeleCare Partners Group. This program will be deployed throughout their skilled nursing facilities helping patients attain physician care during all times from the comforts of their bed

Competitive Analysis:

Global skilled nursing services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of skilled nursing services market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.