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Skilled Nursing Facility Market Size to Grow at a CAGR of 9 8% During the Forecast Period 2021-2026
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Skilled Nursing Facility Market Size to Grow at a CAGR of 9 8% During the Forecast Period 2021-2026
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Assisted Living Market Pegged for Robust Expansion during 2018- 2028
factmrMay 15, 2021 10
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Assisted Living Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year, and key prospects over the forecast period. The insights and analytics on the Assisted Living Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
The following insights and evaluations are worth knowing for any market participant, helping them in ascertaining the prevailing dynamics and the future trajectories of the Market. They are a part of the estimations of the opportunities in various segments. The additional new opportunities have
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The Global Nursing Care Market is estimated to be USD 1,076.8 Mn in 2020 and is expected to reach USD 1,414.02 Mn by 2025, growing at a CAGR of 5.6%.
Market Dynamics
Key factors, such as the rising prevalence of diseases along with a growing geriatric population are driving the growth of the nursing care market. Moreover, the need for an efficient healthcare delivery service is likely to support the market growth further.
However, the lack of reimbursements for nursing care followed by the high cost of healthcare is restraining the growth of the global nursing care market. Besides, the lack of skilled professionals is also restraining the global nursing care market. A rise in personalized care would develop an opportunity for the growth of the global nursing care market.
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