According the report, Value-Based Purchasing
is one of the primary growth factors for the market. Increase in the Geriatric Population
is also expected to contribute significantly to the Skilled Nursing Care Services market. Overall, Old Age People
applications of Skilled Nursing Care Services, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Skilled Nursing Care Services market identified that the demand is rising in many different parts of the world as "Strong Opportunity in Future Due to Improve Quality of Care and Reduce Hospitalization of Residents by Increasing Nurse Staffing". Furthermore, some recent industry insights like "In May 2019, The Ensign Group announced that it acquired the operations of four skilled nursing facilities in California. This acquisition provides Ensign’s growing portfolio to 197 skilled nursing operations, which included living operations, hospital agencies, and home care businesses." is constantly making the industry dynamic. One of the challenges that industry facing is "Inadequate Medicaid Reimbursement, Negative General Public Perceptions and Difficulty in Attracting and Retaining Staff"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Skilled Nursing Care Services market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Skilled Nursing Care Services market and other related sub-markets covered in the study.
o Key & emerging players in the Skilled Nursing Care Services market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Skilled Nursing Care Services market size is calculated using market estimation process, the Skilled Nursing Care Services market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Skilled Nursing Care Services market size has been validated using both top-down and bottom-up approaches.