This Skilled Nursing Facility market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The skilled nursing facility market size has grown strongly in recent years. It will grow from $335.73 billion in 2024 to $364.68 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to stringent infection prevention and control measures, growing need for short-term rehabilitation services, incorporation of telehealth services for patient care, emphasis on personalized care plans, and integration of mental health care into SNF offerings.
The skilled nursing facility market size is expected to see strong growth in the next few years. It will grow to $500.73 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing number of elderly people, rising chronic conditions, compliance with evolving healthcare regulations, and growing preference for in-home care. Major trends in the forecast period include technological advancements, increased cost-effective treatment, improved healthcare access, launches of new products, and innovative service launch.
The rising prevalence of chronic diseases is expected to drive growth in the skilled nursing facility market. Chronic diseases are long-term conditions that, while often manageable, have significant impacts on health, disability, and healthcare costs. Contributing factors include an aging population, poor dietary habits, and various environmental and socioeconomic influences. Skilled nursing facilities offer specialized care and long-term support for individuals with complex health needs, improving the management of chronic conditions and patient outcomes through dedicated medical and rehabilitation services. For example, in January 2023, the National Center for Biotechnology Information (NCBI) projected a 99.5% increase in the number of people aged 50 and above with chronic illnesses by 2050, growing from 71.52 million in 2020 to 142.66 million. Thus, the prevalence of chronic diseases is fueling the demand for skilled nursing facilities.
Leading companies in the skilled nursing facility market are focusing on developing advanced solutions, such as sensors, to enhance patient outcomes, staff efficiency, and regulatory compliance. Nursing facility sensors monitor various health, safety, and well-being aspects of residents. For instance, in November 2023, MOBOTIX AG, a Germany-based intelligent IP video systems manufacturer, and Kepler Vision Technologies, a Netherlands-based software solutions provider, introduced an intelligent sensor for healthcare facilities. Kepler’s software, integrated into the MOBOTIX c71 Hemispheric Indoor Camera, detects incidents like falls or individuals leaving their beds with high accuracy and fewer false alarms compared to other systems. This technology improves care for the elderly and those needing nursing support while reducing staff workload and enhancing cost efficiency. The solution respects privacy by not storing images, using them only for incident detection.
In October 2024, CareTrust REIT, a US-based company specializing in skilled nursing care facilities, acquired four skilled nursing facilities in the Mid-Atlantic region for $74.7 million. This acquisition strengthens CareTrust REIT's real estate portfolio by adding high-performing assets and securing a steady income stream through a 15-year lease with a trusted operator. The deal is expected to drive immediate revenue growth, with a projected lease yield of 9.3%, thereby enhancing the company's overall financial performance. Nursing Facilities, a US-based company, provides experienced, skilled nursing operators.
Major companies operating in the skilled nursing facility market are Encompass Health Corporation, Genesis HealthCare Inc., Sunrise Senior Living LLC, Life Care Centers of America, The Ensign Group Inc., Brookdale Senior Living Solutions, LHC Group Inc., Saber Healthcare Group, Amedisys Inc., Sava SeniorCare LLC, Consulate Health Care, PruittHealth Corp., Signature HealthCARE LLC, National HealthCare Corporation, Extendicare, The Evangelical Lutheran Good Samaritan Society, Vibra Healthcare LLC, Diversicare Healthcare Services Inc., Trilogy Health Services LLC, ProMedica Senior Care, Life Care Companies LLC, Atrium Health & Senior Living, Golden Living, ManorCare Health Services, CommuniCare Health Centers.
North America was the largest region in the skilled nursing facility market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skilled nursing facility market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the skilled nursing facility market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A skilled nursing facility is a healthcare institution that offers high levels of medical care and support for individuals with complex medical conditions or those requiring continuous medical supervision. These facilities serve patients needing more intensive care than can be provided in typical assisted living or residential settings.
The primary types of skilled nursing facilities include freestanding facilities and those within hospitals. Freestanding skilled nursing facilities are independent buildings or complexes that offer specialized care for individuals requiring extended medical and personal support. They can be owned by for-profit, non-profit, or government entities, and they provide various services, including intensive rehabilitation therapy, low and medium rehabilitation, and care for medically complex conditions, among others.
The skilled nursing facility market research report is one of a series of new reports that provides skilled nursing facility market statistics, including skilled nursing facility industry global market size, regional shares, competitors with a skilled nursing facility market share, detailed skilled nursing facility market segments, market trends and opportunities, and any further data you may need to thrive in the skilled nursing facility industry. This skilled nursing facility market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The skilled nursing facility market includes revenues earned by entities by providing wound care, medication management, pain management, nutritional support and personal care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The skilled nursing facility market size has grown strongly in recent years. It will grow from $335.73 billion in 2024 to $364.68 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to stringent infection prevention and control measures, growing need for short-term rehabilitation services, incorporation of telehealth services for patient care, emphasis on personalized care plans, and integration of mental health care into SNF offerings.
The skilled nursing facility market size is expected to see strong growth in the next few years. It will grow to $500.73 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing number of elderly people, rising chronic conditions, compliance with evolving healthcare regulations, and growing preference for in-home care. Major trends in the forecast period include technological advancements, increased cost-effective treatment, improved healthcare access, launches of new products, and innovative service launch.
The rising prevalence of chronic diseases is expected to drive growth in the skilled nursing facility market. Chronic diseases are long-term conditions that, while often manageable, have significant impacts on health, disability, and healthcare costs. Contributing factors include an aging population, poor dietary habits, and various environmental and socioeconomic influences. Skilled nursing facilities offer specialized care and long-term support for individuals with complex health needs, improving the management of chronic conditions and patient outcomes through dedicated medical and rehabilitation services. For example, in January 2023, the National Center for Biotechnology Information (NCBI) projected a 99.5% increase in the number of people aged 50 and above with chronic illnesses by 2050, growing from 71.52 million in 2020 to 142.66 million. Thus, the prevalence of chronic diseases is fueling the demand for skilled nursing facilities.
Leading companies in the skilled nursing facility market are focusing on developing advanced solutions, such as sensors, to enhance patient outcomes, staff efficiency, and regulatory compliance. Nursing facility sensors monitor various health, safety, and well-being aspects of residents. For instance, in November 2023, MOBOTIX AG, a Germany-based intelligent IP video systems manufacturer, and Kepler Vision Technologies, a Netherlands-based software solutions provider, introduced an intelligent sensor for healthcare facilities. Kepler’s software, integrated into the MOBOTIX c71 Hemispheric Indoor Camera, detects incidents like falls or individuals leaving their beds with high accuracy and fewer false alarms compared to other systems. This technology improves care for the elderly and those needing nursing support while reducing staff workload and enhancing cost efficiency. The solution respects privacy by not storing images, using them only for incident detection.
In October 2024, CareTrust REIT, a US-based company specializing in skilled nursing care facilities, acquired four skilled nursing facilities in the Mid-Atlantic region for $74.7 million. This acquisition strengthens CareTrust REIT's real estate portfolio by adding high-performing assets and securing a steady income stream through a 15-year lease with a trusted operator. The deal is expected to drive immediate revenue growth, with a projected lease yield of 9.3%, thereby enhancing the company's overall financial performance. Nursing Facilities, a US-based company, provides experienced, skilled nursing operators.
Major companies operating in the skilled nursing facility market are Encompass Health Corporation, Genesis HealthCare Inc., Sunrise Senior Living LLC, Life Care Centers of America, The Ensign Group Inc., Brookdale Senior Living Solutions, LHC Group Inc., Saber Healthcare Group, Amedisys Inc., Sava SeniorCare LLC, Consulate Health Care, PruittHealth Corp., Signature HealthCARE LLC, National HealthCare Corporation, Extendicare, The Evangelical Lutheran Good Samaritan Society, Vibra Healthcare LLC, Diversicare Healthcare Services Inc., Trilogy Health Services LLC, ProMedica Senior Care, Life Care Companies LLC, Atrium Health & Senior Living, Golden Living, ManorCare Health Services, CommuniCare Health Centers.
North America was the largest region in the skilled nursing facility market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the skilled nursing facility market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the skilled nursing facility market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A skilled nursing facility is a healthcare institution that offers high levels of medical care and support for individuals with complex medical conditions or those requiring continuous medical supervision. These facilities serve patients needing more intensive care than can be provided in typical assisted living or residential settings.
The primary types of skilled nursing facilities include freestanding facilities and those within hospitals. Freestanding skilled nursing facilities are independent buildings or complexes that offer specialized care for individuals requiring extended medical and personal support. They can be owned by for-profit, non-profit, or government entities, and they provide various services, including intensive rehabilitation therapy, low and medium rehabilitation, and care for medically complex conditions, among others.
The skilled nursing facility market research report is one of a series of new reports that provides skilled nursing facility market statistics, including skilled nursing facility industry global market size, regional shares, competitors with a skilled nursing facility market share, detailed skilled nursing facility market segments, market trends and opportunities, and any further data you may need to thrive in the skilled nursing facility industry. This skilled nursing facility market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The skilled nursing facility market includes revenues earned by entities by providing wound care, medication management, pain management, nutritional support and personal care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Skilled Nursing Facility Market Characteristics3. Skilled Nursing Facility Market Trends and Strategies4. Skilled Nursing Facility Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Skilled Nursing Facility Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Skilled Nursing Facility Market34. Recent Developments in the Skilled Nursing Facility Market
5. Global Skilled Nursing Facility Growth Analysis and Strategic Analysis Framework
6. Skilled Nursing Facility Market Segmentation
7. Skilled Nursing Facility Market Regional and Country Analysis
8. Asia-Pacific Skilled Nursing Facility Market
9. China Skilled Nursing Facility Market
10. India Skilled Nursing Facility Market
11. Japan Skilled Nursing Facility Market
12. Australia Skilled Nursing Facility Market
13. Indonesia Skilled Nursing Facility Market
14. South Korea Skilled Nursing Facility Market
15. Western Europe Skilled Nursing Facility Market
16. UK Skilled Nursing Facility Market
17. Germany Skilled Nursing Facility Market
18. France Skilled Nursing Facility Market
19. Italy Skilled Nursing Facility Market
20. Spain Skilled Nursing Facility Market
21. Eastern Europe Skilled Nursing Facility Market
22. Russia Skilled Nursing Facility Market
23. North America Skilled Nursing Facility Market
24. USA Skilled Nursing Facility Market
25. Canada Skilled Nursing Facility Market
26. South America Skilled Nursing Facility Market
27. Brazil Skilled Nursing Facility Market
28. Middle East Skilled Nursing Facility Market
29. Africa Skilled Nursing Facility Market
30. Skilled Nursing Facility Market Competitive Landscape and Company Profiles
31. Skilled Nursing Facility Market Other Major and Innovative Companies
35. Skilled Nursing Facility Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Skilled Nursing Facility Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on skilled nursing facility market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for skilled nursing facility ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The skilled nursing facility market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Freestanding; Hospital2) By Ownership: for Profit; Non-Profit; Government
3) By Services Type: Intensive Rehabilitation Therapy; Low and Medium Rehabilitation; Medically Complex; Other Service Types
Subsegments:
1) Freestanding: Independent Skilled Nursing Facilities; Specialty Skilled Nursing Facilities; Transitional Care Units2) Hospital: Acute Care Hospitals with Skilled Nursing Units; Rehabilitation Hospitals; Long-Term Acute Care Hospitals
Key Companies Mentioned: Encompass Health Corporation; Genesis HealthCare Inc.; Sunrise Senior Living LLC; Life Care Centers of America; the Ensign Group Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Skilled Nursing Facility market report include:- Encompass Health Corporation
- Genesis HealthCare Inc.
- Sunrise Senior Living LLC
- Life Care Centers of America
- The Ensign Group Inc.
- Brookdale Senior Living Solutions
- LHC Group Inc.
- Saber Healthcare Group
- Amedisys Inc.
- Sava SeniorCare LLC
- Consulate Health Care
- PruittHealth Corp.
- Signature HealthCARE LLC
- National HealthCare Corporation
- Extendicare
- The Evangelical Lutheran Good Samaritan Society
- Vibra Healthcare LLC
- Diversicare Healthcare Services Inc.
- Trilogy Health Services LLC
- ProMedica Senior Care
- Life Care Companies LLC
- Atrium Health & Senior Living
- Golden Living
- ManorCare Health Services
- CommuniCare Health Centers
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 364.68 Billion |
Forecasted Market Value ( USD | $ 500.73 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |