Market Analysis Reports

Market Analysis - Emergency Nursing 2024

The diagnosis and management of human reactions to current or anticipated health issues are the core competencies of nursing. In addition to treating physical and psychological ailments, nurses also treat a variety of symptoms."Doctors cure, but nurse care" goes the proverb. The nurse's job description has evolved significantly over time. Florence Nightingale is credited with establishing a structured nursing education program and elevating the status of the field. Nightingale's nursing philosophies had an impact and permanently altered the field. The foundation of contemporary nursing education continues to be these tenets: hygiene, illness prevention, nurse-patient interaction, continual education, and medical collaboration.The practice of nursing has evolved into both a science and an art. Nurses provide patients with comprehensive care by applying evidence-based knowledge and demonstrating understanding, kindness, and concern.The global market for nursing care By end user gender, Service Type (Home Health Care Providers, Nursing Homes, Group Homes, and Retirement Communities) (female nursing care, male Nursing care), Expenditure Type (Public Expenditure, Private Expenditure), Industry Trends, and Forecast to 2027 for the following countries: United States, Canada, Mexico, Germany, Italy, United Kingdom, France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, the Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt

The nursing care market comprises sales of nursing care and associated products by companies that offer residential nursing care and home health care (organizations, partnerships, and sole traders). This industry includes home healthcare, nursing home services, personal services, counseling, occupational therapy, rest home services, social services, and nutritional services.The global nursing care business is anticipated to rise at a compound annual growth rate (CAGR) of 4.9% from $1010.1 billion in 2019 to $1058.6 billion in 2020, notwithstanding the global economic slump brought on by the pandemic epidemic. The primary reason for this is the high demand for nursing care professionals, including emergency medical technicians, nurses, nursing assistants, doctors, trainees, and contractual staff, who are on the front lines of the global fight against the COVID-19 virus and providing care for coronavirus patients. Nurses, therapists, and personal care aides are increasingly in demand to provide home health care for the most vulnerable. The market is anticipated to increase at a compound annual growth rate of 7% from 2021 to 2024, reaching $1374.9 billion.By 2022, the demand for medical assistants must have grown by 2% annually, completely surpassing the supply. There is increased interest in specialised nursing experts just because of their specialisation.The estimated number of openings between now and 2020 is around 700,000. According to a recent study, when ranking the US jobs with the highest concentration of employment prospects, nursing comes in at number four. It is predicted that there will be a 683,700 increase in demand for nurses annually. 90% of long-term care facilities lack sufficient nurse staff to provide necessary care.