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Nursing Care Market Would Register a Healthy Growth Rate During Forecast 2015 - 2021

Press Release   •   Feb 07, 2017 00:46 EST

Progressive patient care is a systematic grouping of patient on the basis of the degree of illness rather than on the basis of medical specialty. Consumerism, Staff mix, human development, economics, diverse populations, politics, technology and client acuity are some of the important elements which should be considered in nursing care.

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North America followed by Europe is dominating the global nursing care market due to high healthcare expenditures. The U.S. is dominating the North American nursing care market due to increasing prevalence of diseases. Asia is expected to show high growth rate in the next five years. Some of the key driving forces for nursing care market in emerging countries are increasing aging population and increasing number of hospitals.

In recent time there is increased demand of nursing care due to rising aging population. Rising concern for better healthcare and increasing prevalence of various diseases such as diabetes and cancer are some of the key factors driving the growth of the global nursing care market. In addition, increasing healthcare awareness and long term care system is also fuelling the growth of the global nursing care market. However, lack of reimbursements for nursing care and high cost of healthcare is restraining the growth of the global nursing care market. In addition, lack of skilled professionals is also restraining the global nursing care market.

Rise in personalized care would develop an opportunity for the growth of the global nursing care market. However, lack of proper healthcare system in rural areas and availability of less number of trained nurses are some of the key challenges for the growth of the global nursing care market. Increasing home care market is one of the trends for the global nursing care market.

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Some of the major companies operating in the global nursing care market are Emeritus Corporation, Genesis Healthcare, Life Care Centers for America, Kindred Healthcare and Extendicare.

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