Market Analysis - Global Nursing Congress 2020
Market growth of Nursing Care Research in the last and upcoming ten years:
The past three decades have witnessed a remarkable growth in nursing Care development. In both Korea and the United States, nurse scientists are poised to address important issues related to the prevention and management of significant health care problems. The need for greater nursing Care development in the areas of self-management, genetics, and geriatrics, health promotion across the lifespan, technology, and mental health are briefly highlighted. Future research efforts will be enhanced by interdisciplinary collaboration and the creation of international nursing research centers. At the same time, we need to remain cognizant of the importance of mentoring future nursing Care.
The global long term care market size was valued at USD 705 billion in 2015 and is expected to grow at a CAGR of around 5% over the forecast period. In September 2015, the Housing America’s Older Adults-Meeting the Needs of an Aging Population and Harvard Joint Center concluded in their new research that by 2030, the percentage of people aged over 50 in the U.S. is expected to exceed by 70%. Moreover, in January 2016, the AARP declared a free income tax assistance service for people aged 60 and above. The out-of-pocket burden for long term care facilities is high, especially for the nursing care.
North America dominated the long term care market in 2015 owing to the increasing aging population, government funding, and the implementation of the streamlined regulatory framework. Around 60% of the funding for long term care in the U.S. comes from the Medicaid. By 2050, it is expected that one in five Americans would be at least 65 years of age. The funding is set to increase with the implementation of the Patient Protection and Affordable Care Act.
Asia Pacific is expected to grow at the fastest CAGR of 6.2% over the forecast period owing to the increasing number of people diagnosed with chronic illnesses. Moreover, international care homes are also investing in countries such as India and Japan. For instance, in October 2013, BAYADA Home Health Care, a home healthcare giant based in the U.S. acquired 26% stake of India Home Health Care (IHHC).In India, 65% of the hospital visits can be managed at home. In May 2016, My Care Line raised USD 526,000 for its alliance with Hoffman World. The Spanish Company provides Hoffman methodology of rehabilitation. In India, Portea is one of the market leaders in the home healthcare industry. In September 2015, Portea raised USD 37.5 million for investing in better home healthcare facilities.
Competitive Market Share Insights:
- Brook dale Senior Living, Inc.,
- Sunrise Senior Living, Inc.,
- Emeritus Corporation,
- Atria Senior Living Group,
- Extendicare, Inc.,
- Gentiva Health Services, Inc.,
- Senior Care Centers of America,
- Kindred Healthcare, Inc.,
- Genesis Healthcare Corp.,
- Home Instead Senior Care, Inc.
Industry Report - Industry SWOT Analysis Chapter
The Nursing Care Facilities industry is in the mature stage of its life cycle. Over the 10 years to 2021, industry value added (IVA), which measures the industry's contribution to the US economy, is expected to grow at an average annual rate of 3.4%. This growth rate indicates that the industry will expand faster than GDP, which is projected to increase at an annualized rate of 2.2% over the same period. While demographic trends will continue to promote industry growth, nursing care facilities have been part of American communities since the early 20th century.
Industry Analysis & Industry Trends:
Over the five years to 2021, the industry is expected to continue expanding. Continued aging of the population, which is expected to accelerate over the five-year period, will drive industry growth.
Global Skilled Nursing Care Services Market, By Type of Connectivity-
- Connected to hospital
- Connected to assisted living community
- Connected to both hospital and assisted living community
Major regions analysed under this research are:
- North America
- Asia Pacific
- Rest of the World
Non-Federal Research Associations and Foundations:
- Research Nurse
- nurse practitioner (NP)
- certified registered nurse anaesthetist (CRNA)
- clinical nurse specialist (CNS)
- certified nurse midwife
Universities in Japan:
- Aichi Kiwami College of Nursing.
- Aichi Prefectural College of Nursing & Health.
- Akita University of Nursing and Welfare.
- Aomori University of Health and Welfare.
- Asahikawa Medical University.
- Japan University of Health Sciences
- Japanese Red Cross Akita College of Nursing
- Japanese Red Cross College of Nursing
- The Japanese Red Cross Hiroshima College of Nursing
- Japanese Red Cross Hokkaido College of Nursing
- The Japanese Red Cross Kyushu International College of Nursing
- Japanese Red Cross Toyota College of Nursing
Nursing Universities Globally:
- CMC Vellore College of Nursing
- Duke University School of Nursing
- Yale School of Nursing
- School of Nursing, University of Washington
- School of Nursing, University of Michigan
- University of Edinburgh Nursing School
- School of Nursing Johns Hopkins University
- School of Nursing, Midwifery and Social Work at University of Manchester
- School of Nursing, University of Pennsylvania
- University of Toronto
- Karolinska Institute
- King's College London (KCL)
- University of Manchester
Associations and Societies globally
- Canadian Nurses Association
- Indian Nursing Council
- Japanese Nursing Association
- Nursing Association of Nepal
- Nursing Council of New Zealand
- Nursing and Midwifery Council
- New Zealand Nurses Organization
- Philippine Nurses Association
- Philippine Nurses Association of United Kingdom
- Nursing & Midwifery Council United
- Sigma Theta Tau International Honor Society of Nursing
Global Nursing congress 2020 welcomes all the attendees, researchers, presenters, associations and exhibitors from all over the world to Singapore. We are delighted to invite you all to attend the “ 28th Global Nursing and Healthcare Congress” which is going to be held during March 23 -24, 2020 Singapore. This Congress Committee is gearing up for an exciting and informative conference program including plenary lectures, symposia, workshops on informative topics, poster presentations and various programs for participants from all over the world. We invite you to join us at the Global Nursing Congress2020 to share meaningful experience with scholars from around the world. We look forward to see you at Singapore.
For more info: https://global.nursingmeetings.com/