United States Post-Acute Care (PAC) Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 6.2% from 2023 to 2033.
• The United States Post-Acute Care (PAC) Market Size is Expected to Hold a Significant Share by 2033.

The United States Post-Acute Care (PAC) Market Size is Expected to Hold a Significant Share by 2033, at a CAGR of 6.2% during the forecast period 2023 to 2033.

Market Overview

Post-acute care (PAC) has become a crucial element of the healthcare sector for the elderly population and to maintain their health. Post-acute care is primarily designed to take care of and rehabilitate family members and loved ones after surgery, major medical procedures, or illness. Post-acute care (PAC) comprises palliative or rehabilitation services, which beneficiaries receive after staying in an acute care hospital. Depending on the care intensity the patient needs, post-acute care (PAC) treatment may include ongoing outpatient therapy, a stay in a rehabilitation facility, and care delivered at home. Post-acute care (PAC) settings consist of inpatient rehabilitation facilities (IRFs), long-term care hospitals (LTCHs), home health agencies (HHAs), and skilled nursing facilities (SNFs). In addition to that, post-acute care surgery makes the recovery process more comfortable at home by making sure that all the medical needs, health monitoring, treatment, attention, and care are provided for his or her convenience.

Report Coverage

This research report categorizes the market for United States post-acute care (PAC) market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States post-acute care (PAC) market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the United States post-acute care (PAC) market.

Driving Factors

The rising prevalence of chronic diseases will drive growth in the United States post-acute care market during the forecast period. Chronic diseases, such as heart disease, stroke, diabetes, and cancer, are becoming increasingly common in the United States. The rise in chronic diseases is driving up demand for post-acute care services like home care, hospice care, and long-term care. So, the rising prevalence of chronic diseases is a major driver of the United States post-acute care market. Furthermore, the aging population will contribute to the growth of the United States post-acute care market. The aging population is expected to increase significantly during the forecast period. This is because people over the age of 65 are more likely to need post-acute care than those under 65. As a result, the growing aging population is expected to drive growth in the US post-acute care market during the forecast period.

Restraining Factors

Organizations such as the centers for medicare and medicaid services (CMS) are unable to plan for long-term success due to ongoing changes in reimbursement policies. Furthermore, medicare does not cover costs associated with long-term nursing care, assisted living facilities, or custodial care for people over the age of 65, which may hamper market growth. However, as the aging population's demand for post-acute care services grows, government officials are taking steps to make the necessary services available to American residents, thereby overcoming this market limitation.

Market Segment

• In 2023, the skilled nursing segment accounted for the largest revenue share over the forecast period.

Based on the services, the United States post-acute care (PAC) market is segmented into inpatient rehabilitation, skilled nursing, home health agencies, hospice care, long-term care hospitals. Among these, the skilled nursing segment has the largest revenue share over the forecast period. This segment growth can be attributed to nursing homes providing a wide range of services to disabled people and patients with unstable chronic diseases. Furthermore, as patients' illnesses and disabilities worsen, the type of care they receive changes. Special care beds have seen an increase in use in nursing homes in recent years for patients with Alzheimer's disease or other forms of dementia in general, and the availability of expert nurses and physicians for medical treatment is expected to boost segmental growth.

• In 2023, the spinal cord injury segment accounted for the largest revenue share over the forecast period.

Based on the conditions, the United States post-acute care (PAC) market is segmented into amputations, wound management, brain injury, spinal cord injury, and neurological disorders. Among these, the spinal cord injury segment has the largest revenue share over the forecast period. The Spinal Cord Association estimates that most of Americans suffer a spinal cord injury (SCI) each year. SCI causes long-term functional impairments that significantly impact the patient's community involvement and role, such as changes in work and living arrangements. This emphasizes the importance of long-term care services in providing significant assistance to individuals suffering from SCI, which is expected to increase market size.

• In 2023, the elderly segment accounted for the largest revenue share over the forecast period.

Based on the application, the United States post-acute care (PAC) market is segmented into child, adult, and elderly. Among these, the elderly segment has the largest revenue share over the forecast period. Older patients discharged from acute hospital medical wards receive proper post-acute care, and nearly one-third of them will die within a year, the United States older population is expected to grow rapidly, the number of Americans aged 65 and older is expected to reach more than 88.5 million. To summarize, post-acute services in modern healthcare systems are critical for ensuring the health of older patients by increasing the efficiency of the acute care system.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States post-acute care (PAC) market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Bella Vista Health Center
• Amedisys Inc.
• Athena Health Care Systems
• Brookdale Senior Living
• Mission Hills post-acute
• Benchmark Senior Living
• CareCentrix, Inc.
• Focused Post-Acute Care Partners, LLC
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In October 2022, PointClickCare Technologies, a leading healthcare technology platform, has launched virtual health solutions in the skilled nursing facility market for long-term and post-acute care providers.

Market Segment

This study forecasts country revenue from 2022 to 2033. Spherical Insights has segmented the United States post-acute care (PAC) market based on the below-mentioned segments:

United States Post-Acute Care (PAC) Market, By Services

• Inpatient Rehabilitation
• Skilled Nursing
• Home Health Agencies
• Hospice Care
• Long-term Care Hospitals

United States Post-Acute Care (PAC) Market, By Conditions       

• Amputations
• Wound Management
• Brain Injury
• Spinal Cord Injury
• Neurological Disorders

United States Post-Acute Care (PAC) Market, By Applications

• Child
• Adult
• Elderly