U.S. Post-acute Care Market size to exceed $650Bn by 2030

U.S. Post-Acute Care Market size is anticipated to cross USD 650 billion by 2030, according to a new research report by Global Market Insights Inc.
 

The report claims that the expansion of home health agencies will augment the delivery of post-acute care services. Care providers have been emphasizing the reduction of patient re-admissions and health complications through varied strategies, including partnerships.
 

Initiatives such as these will contribute to the evolution of cost-effective post-acute care management. Several care service providers are also seeking suitable venues for patients to continue their health recovery while enabling information exchange during the transition of care. Additionally, to help patients achieve positive outcomes, health systems are focusing on managing, coordinating, and delivering high-quality care services. The growing emphasis on improving patient outcomes will facilitate the development of post-acute care facilities.
 

Shifting preference toward in-home healthcare to augment post-acute care adoption

U.S. post-acute care market share from the home health agencies service segment is poised to depict more than 5% CAGR through 2030. The high preference for home healthcare services among the rising elderly population is a prominent driver for the service demand. Most people in America aged 65 years and over prefer to receive medical care in the comfort of their homes, instead of traveling to healthcare institutions. As compared to hospital settings, in-home healthcare services are also considered more cost-effective, further contributing to post-acute care consumption.
 

Browse key industry insights spread across 298 pages with 405 market data tables & 16 figures & charts from the report, “U.S. Post-acute Care Market Size By Services (Inpatient Rehabilitation Facilities [IRF], Skilled Nursing Facilities [SNFs], Home Health Agencies [HHAs], Hospice Care, Long-term Care Hospitals [LTCHs]), Conditions (Amputations, Wound Management, Brain Injury, Spinal Cord Injury, Neurological Disorders), Age {Elderly (65 years & older), Adult (45-64 years)}, Industry Analysis Report, Country Outlook Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/u-s-post-acute-care-market
 

Increasing amputation cases to boost the use of post-acute care management

Amputations condition segment accounted for over 13% share of the U.S. post-acute care market in 2021. This is a result of the high burden of peripheral vascular disease, diabetes mellitus, and trauma in the country. Based on estimates from the Amputee Coalition, in the U.S., over 185,000 amputations occur each year, with more than 3.6 million people projected to be living with limb loss by 2050. These situations will escalate the need for suitable treatments, including post-acute care for amputee patients.
 

Elderly population with multiple chronic diseases to drive post-acute care facility advancement

U.S. post-acute care market from the elderly (65 years and older) segment crossed USD 178 billion in 2021, due to the growing prevalence of chronic conditions among the people. The number of older adults coping with two or more chronic diseases continues to rise in developing nations. Post-acute care facilities will emerge as a preferred option for the geriatric population base, since they provide access to appropriate community services and resources. Advanced healthcare amenities available in developed countries will augment the industry forecast.
 

Mountain States to serve as a key growth hub for post-acute care service providers in U.S.

Post-acute care industry share across the Mountain States is set to register over 6% CAGR through 2030. There is a rising emphasis on improving the access of older people to healthcare platforms. A strong demand for chronic disease management services is also among the major growth drivers. The need for efficient care delivery for people with disabilities has surged in the region. These factors will, in turn, fuel the construction of post-acute care hospitals and health agencies in the region.
 

Business expansion strategies to strengthen the industry outlook

The strategic landscape of the U.S. post-acute care market is inclusive of organizations such as Amedisys Inc., PAC Leaders, Windsor Post-Acute Care Center, Athena Health Care Systems, CareCentrix, Inc., Bella Vista Health Center, SoCal Post-Acute Care, FutureCare, and Vitas Healthcare, among others. These companies are targeting to expand their foothold in the market through strategies including business expansions.
 

For instance, in October 2022, Amedisys Inc. obtained regulatory assets to establish home healthcare centers in Charlotte and Raleigh, North Carolina markets. This initiative was geared towards expanding and enhancing the company’s presence in the U.S.