Skilled Nursing Facility Market Report 2026

Skilled Nursing Facility Market Overview

• Skilled Nursing Facility market size has reached to $364.68 billion in 2025 • Expected to grow to $541.14 billion in 2030 at a compound annual growth rate (CAGR) of 8.2% • Growth Driver: Rising Chronic Disease Prevalence Fuels Growth In Skilled Nursing Facility Market • Market Trend: Advancements In Video Technology Drive Innovation In Skilled Nursing Facilities • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Skilled Nursing Facility Market?

A skilled nursing facility is a healthcare institution that provides high medical care and support services for individuals with complex medical conditions or require continuous medical supervision. These facilities cater to patients who need more intensive care than what can be provided in a typical assisted living or residential setting. The main skilled nursing facilities are freestanding and hospitals. Freestanding skilled nursing facilities are independent buildings or complexes that provide specialized care for individuals who need extended medical and personal support. It has various types of ownership, including for profit, non-profit, and government, and it provides intensive rehabilitation therapy, low and medium rehabilitation, medically complex, and others.

What Is The Skilled Nursing Facility Market Growth Forecast?

The skilled nursing facility market size is expected to see strong growth in the next few years. It will grow to $541.14 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing demand for value-based care models, rising adoption of telehealth services, expansion of home-to-facility care transitions, growing investments in healthcare digitalization, increasing focus on patient-centric care delivery. Major trends in the forecast period include increasing adoption of digital health record systems, rising integration of remote patient monitoring tools, growing focus on quality outcome measurement, expansion of specialized rehabilitation programs, enhanced emphasis on care coordination.

Global Skilled Nursing Facility Market Segmentation

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 Is The Driver Of The Skilled Nursing Facility Market?

The 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 have a significant impact on health, disability, and healthcare costs. The prevalence of chronic disease is due to an aging population, unhealthy diets, and environmental and socioeconomic factors. A skilled nursing facility provides 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 expected to increase by 99.5% by 2050, from 71.52 million in 2020 to 142.66 million. Therefore, the prevalence of chronic diseases is driving the skilled nursing facility industry.

Key Players In The Global Skilled Nursing Facility Market

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

Global Skilled Nursing Facility Market Trends and Insights

Major companies operating in the skilled nursing facility market are developing technologically advanced solutions, such as sensors in a nursing facility, to enhance patient outcomes, improve staff efficiency, and ensure regulatory compliance. A nursing facility sensor is designed to monitor and detect various conditions or activities related to the health, safety, and well-being of residents. For instance, in November 2023, MOBOTIX AG, a Germany-based manufacturer of intelligent IP video systems, and Kepler Vision Technologies, a Netherlands-based provider of end-to-end software solutions, launched the intelligent sensor for hospital staff and care facilities. The unique feature of Kepler's software, embedded in the MOBOTIX c71 Hemispheric Indoor Camera, is its ability to accurately detect incidents such as falls or individuals leaving their beds while significantly reducing false alarms compared to other automatic systems. It enhances care for the elderly, the sick, and those requiring nursing support while minimizing staff workload and increasing cost efficiency. The solution prioritizes privacy by not storing images, instead using them solely for detecting critical incidents.

What Are Latest Mergers And Acquisitions In The Skilled Nursing Facility Market?

In October 2024, CareTrust REIT, a US-based skilled nursing care facilities company, acquired four skilled nursing facilities in Mid-Atlantic for $74.7 million. CareTrust REIT’s acquisition of four skilled nursing facilities in the Mid-Atlantic region strengthens its real estate portfolio by adding high-performing assets while securing a reliable income stream through a 15-year lease with a trusted operator. The deal also provides immediate revenue growth, with a projected lease yield of 9.3%, enhancing overall financial performance. Nursing Facilities is a US-based company that provides experienced, skilled nursing operators.

Regional Outlook

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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Skilled Nursing Facility Market?

The skilled nursing facility market includes revenues earned by entities by providing wound care, medication management, pain management, nutritional support and personal care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Skilled Nursing Facility Market Report 2026?

The skilled nursing facility market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the skilled nursing facility industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.