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Post-acute Care Market size was valued at USD 723.5 billion in 2022 and is anticipated to witness over 7% CAGR from 2023-2032. Rapidly expanding geriatric population to influence market outlook.
The rapidly growing number of older adults across the world and their subsequent healthcare requirements will positively anchor the post-acute care industry growth. The rising burden of several chronic ailments and complicated health issues, such as cardiovascular diseases amongst the geriatric population, specifically in the 75-84 age group, are posing numerous risks for healthcare practitioners. Post-acute care facilitates the functional recovery of older individuals while preventing unnecessary hospital readmission. Hence, the surging geriatric healthcare needs will influence the market expansion.
Report Attribute | Details |
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Base Year: | 2022 |
Post-acute Care Market Size in 2022: | USD 723.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7% |
2032 Value Projection: | USD 1.4 Trillion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 294 |
Segments covered: | Service, Age, Condition, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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