Report Description of the US Skilled Nursing Market

Research Scope and Assumption

• The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)


• The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis


• We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses


• All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis


• Inflation has not been accounted for in order to estimate and forecast the market


• Numbers may not add up due to rounding off

Research Objective:

• To analyze and forecast the market size of US Skilled Nursing market


• To classify and forecast US Skilled Nursing market based on application, drugs, project type, and application.


• To identify drivers and challenges for US Skilled Nursing market


• To examine competitive developments such as mergers and acquisitions, agreements, collaborations and partnerships, etc., in US Skilled Nursing market


• To conduct pricing analysis for US Skilled Nursing market


• To identify and analyze the profile of leading players operating in US Skilled Nursing market

Reason to Buy the Report:

• Facilitate decision-making based on strong current and forecast data for US skilled nursing market


• Develop strategies based on the latest regulatory framework


• Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market


• Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the US skilled nursing market


• Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders


• To strategically profile key players and comprehensively analyze their market shares and core competencies


• We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

US Skilled Nursing Market Executive Summary

The US skilled nursing facility market size was estimated at USD 217.6 billion in 2020. Skilled nursing facilities (SNFs) provide high-quality care services at a much lower cost as compared to hospitals, generating tremendous demand among investors. The growing incidence of chronic diseases in the US, along with a large aging population base, is fuelling the market growth. According to the American Heart Association, about 83.6 million adults in the US suffer from one or more types of cardiovascular diseases, of which, about 42.2 million adults are estimated to be more than 60 years of age. US market is mostly driven by for-profit facilities, also more than 90% of overall skilled nursing facilities are dually Medicare and Medicaid certified

Market Size and Key Findings

The US skilled nursing market size is at around USD 71.6 billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period

The growing incidences of chronic conditions such as diabetes, paralysis, and hypertension and the rising geriatric population are factors expected to fuel the market over the next few years. In few years, the geriatric population over 65 has increased up to 9.0% out of which 14.3 majorities of adults above the age of 65 years suffered from chronic disease and need these facilities. Medicare and Medicaid availability and the growing technologies will play a driving role for the market in the coming years



Market Dynamics

Market Growth Drivers Analysis

Increasing Incidences of Various Chronic Diseases, aging population and Health awareness will drive demand for the SNF industry. Also, the Shift to value-based care, will continue to benefit low-cost, high-quality settings. Furthermore, Technological Developments, Health Insurance Reforms and Changes in Social Patterns are eventually helping the market to grow.

Market Restraint

Despite several drivers, high costs of skilled nursing care services, along with low acceptance of these services hinders the growth of SNF adoption and market growth to certain extent. Moreover, the institution of joint family, on the other hand, along with social stigma regarding nursing homes are some of the major challenges faced by the global skilled nursing care services market.

COVID-19 impact on "US Skilled Nursing

Industry facilities have been ravaged by the virus, as patients are typically elderly and often have underlying conditions. As a result, the Centres for Disease Control and Prevention has instituted extensive new rules for nursing homes. Revenue for the Nursing Care Facilities industry is expected to have fallen only slightly in 2020 amid the global COVID-19 (coronavirus) pandemic with the infusion of USD 4.9 billion in relief funds directly to skilled nursing facilities. The economic fallout associated with the pandemic is expected to make it more difficult for consumers to afford industry services as unemployment spikes and disposable incomes fall

Competitive Landscape

Key Players

The US Skilled Nursing study report will provide valuable insights with an emphasis on the US market including some of the key market players such as Brookedale senior living, SavaSeniorCare, Sunrise senior living, En Sign group, HCR Manor care, and Extendicare

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and revenue analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players

Notable Recent Deals

Some Acquisition and Partnership deals are:

1. Ensign Group, Inc acquired Tempe Post Acute, a 62-bed skilled nursing facility and Desert Marigold Senior Living of Tempe a senior living center with 72 assisted living beds and 90 independent living units; through the acquisitions Ensign expands its presence in Arizona


2. Symphony Care Network took over three skilled nursing and assisted living properties from Caretel Inns in Michigan Caretel Inns of Tri-Cities, Caretel Inns of Linden, and Applewood Nursing Center to operate as Symphony Tri-Cities, Symphony Linden, and Symphony Applewood, respectively


3. Generations Healthcare acquired Bradley Court with the acquisition Generations Healthcare broadens its ability to bring state-of-the-art skilled nursing to those most in need in the San Diego area

Healthcare Policies and Regulatory Landscape

Policy Changes and Reimbursement Scenario

According to the Medicare Payment Policy, the availability of reimbursement and favorable investment returns are boosting the growth of the market. More than 90% of SNFs are dually certified and Medicare covers 100 days of SNF care after an inpatient hospital stay of at least three days

Reimbursement rate pressures or the introduction of new payment systems are also impacting the market. The Centers for Medicare & Medicaid Services (CMS) implemented the Patient-Driven Payment Model (PDPM), a new system for categorizing SNF patients in a Medicare Part A stay. This new system is anticipated to decrease the emphasis on the volume of services and administrative burdens