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Nursing Education Market Size

Report ID: GMI9317
Published Date: May 2024
Report Format: PDF

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Nursing Education Market Size

Nursing Education Market size was valued at USD 8.8 billion in 2023 and is anticipated to witness growth at a CAGR of 4.3% between 2024 and 2032, driven by the rising demand for healthcare services coupled with increasing globalization and collaboration with international institutes.

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As the global population ages, there is an increased demand for healthcare services to address age-related health issues and chronic conditions. For instance, according to National Council of Aging (NCOA) research in 2024, nearly 95% of adults 60 and older have at least one chronic condition, while nearly 80% have two or more. Nurses play a crucial role in providing care to elderly patients, including managing medications, monitoring vital signs, and assisting with daily activities. Thus, there is a growing need for qualified nurses, driving demand for nursing education programs.

Additionally, globalization and collaboration with international institutions has made it easier for nursing institutions to access a wide range of educational resources, including online learning materials, research publications, and collaborative tools. Through digital education platforms and virtual networks, students and faculty can engage with global experts, participate in webinars and conferences, and access educational resources from around the world. Therefore, expanding the potential market for nursing education.

Nursing Education Market Report Attributes
Report Attribute	Details
Base Year:	2023
Nursing Education Market Size in 2023:	USD 8.8 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	4.3%
2024 – 2032 Value Projection:	USD 12.8 Billion
Historical Data for:	2021 – 2023
No. of Pages:	100
Tables, Charts & Figures:	144
Segments covered:	Educational Offerings, Mode of Education, Institution Type, Gender, and Region
Growth Drivers:	Rising demand for healthcare services Shortage of skilled nursing staff Globalization and collaboration with international institutes
Pitfalls & Challenges:	Regulatory and accreditation requirements

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Nursing education includes academic and practical training programs designed to prepare individuals for careers in nursing. It involves a comprehensive curriculum that integrates theoretical knowledge, clinical skills, and professional competencies to equip students with the necessary skills and qualifications to practice in diverse healthcare settings.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The nursing education market was valued at USD 8.8 billion in 2023 and is anticipated to witness growth at 4.3% CAGR during 2024-2032, driven by the rising demand for healthcare services coupled with increasing globalization and collaboration with international institutes.

The on-campus segment in the market recorded USD 6.7 billion in revenue in 2023, as these programs provide students with hands-on learning opportunities.

North America nursing education market size was USD 3.1 billion in 2023 and is predicted to grow at 3.8% CAGR between 2024-2032, due to an aging population, increasing prevalence of chronic diseases, and advancements in healthcare technology.

AIIMS, Delhi, Duke University, Jamia Hamdard, Johns Hopkins University, Kings College London, Midamerica Nazarene University School, NYU Rory Meyers College of Nursing, The University of Tokyo, The University of Wollongong, University of California, University of Manchester and University of Maryland School of Nursing.