Nursing Care Facilities offer long term and short-term care for individuals who need rehabilitation services or individuals who suffer from serious or persistent health issues. These establishments provide traditional nursing services and the other is skilled nursing services.
The global Nursing Care Facilities market was valued at $238 billion in 2017. North America was the largest geographic region accounting for $98.7 billion or 41.5% of the global market. And USA was the largest country accounting for $86.1 billion or 36.2% of the global Nursing Care Facilities market.
Smart technologies like wireless network technology are increasingly being used for medical residents in modern nursing care facilities. These technologies allow the residents to gain instant support from their caretakers. For example, Covidien has introduced a wireless device called BioPatch which continuously collects a patient’s physiologic data and monitors all vital body functions.
Companies Covered: Emeritus Corporation, Extendicare Inc., Gentiva Health Services Inc., Genesis Healthcare Corp., Kindred Healthcare Inc.
Market Segments Included: Convalescent Homes or Convalescent Hospitals; Nursing Homes; Assisted Living Facilities For The Elderly With Nursing Care; Rest Homes With Nursing Care; Inpatient Care Hospices
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