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Skilled Nursing Care Services Market Foreseen to Grow Exponentially by 2023

Skilled Nursing Care Services Market Foreseen to Grow Exponentially by 2023
Mexico, Brazil and Argentina will grow to a large extent over the coming years in the global skilled nursing care services market as the aged population in these regions is increasing rapidly, finds Transparency Market Research (TMR). Skilled nursing care service centers cater to the needs of patients suffering from chronic conditions such as Parkinson’s or Alzheimer’s, as it is difficult to tend them at home. These centers also provide care on a temporary basis to injured or ill people who need constant attendance. At a skilled nursing care service center, personal hygiene, dressing, bathing, eating, and timely medications are taken care of by trained professionals. These service centers assist speech therapists and physical therapists, monitor interventional medications, take care of wounds and dressings, besides administering end-of-life care, laundry services, and educational and social activities.
The report furnishes an in-depth analysis of key market segments, growth drivers, opportunities, trends, and challenges. The business strategies and strengths and weaknesses of major companies are also analyzed.
A substantial increase in the geriatric population across the globe has strengthened the demand for skilled nursing care services worldwide. The increasing number of patients suffering from Alzheimer’s along with high incidence of dementia, a common form of Alzheimer’s, is one of the key factors fuelling the growth of global skilled nursing care services market. On a global scale, around 47.5 million people suffer from dementia, and 7.7 million new cases are reported each year, according to the World Health Organization (WHO). Moreover, ongoing research shows that an increase in conditions such as diabetes, stroke, high blood pressure, and other lifestyle factors has led to an increased incidence of Alzheimer’s, thereby driving the market for skilled nursing care services. On the contrary, high costs of skilled nursing care services, along with low acceptance of these services have been restraining the market.
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On the basis of geography, Asia Pacific, North America, Europe, and Rest of the World (RoW) are the key segments of the global skilled nursing care services market. North America holds the foremost position in the global skilled nursing care services market as an increased awareness about the significance of skilled nursing care services, infrastructural development, provision of reimbursement coverage, and a well-defined regulatory framework are driving the market’s growth. On account of the rising prevalence of diseases, the U.S. is the leading country in the North America market. Europe ranks second in the regional segment because of high healthcare expenditure coupled with elevated sense of awareness about these services.
It is expected that Asia Pacific will exhibit immense opportunities, with countries such as China, India, and Japan at the top. China and India has the largest geriatric population pool in the world. Furthermore, favorable factors such as beneficial government policies, an increase in disposable incomes of people, and improved healthcare facilities are stepping the growth up in these regions. The growth of medical tourism in Asia Pacific will also benefit the market for skilled nursing care services. The institution of joint family, on the other hand, along with social stigma regarding nursing homes, will be some of the major challenges faced by the global skilled nursing care services market. In the Rest of the World region, Argentina, Brazil, and Mexico will witness phenomenal growth. The African countries, on the other hand, will display a sluggish rate of growth due to unfavorable economic conditions in the region.
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Some of the key players operating in the global skilled nursing care services market are Lincare, Inc., Apria Healthcare Group Inc., Golden Living, Emeritus Corporation, Genesis Healthcare., Sunrise Senior Living Inc., Sun Healthcare Group Inc., Gentiva, Life Care Centers of America, Atria, Brookdale Senior Living, and Extendicare, Inc.

Skilled Nursing Care Services Market Foreseen to Grow Exponentially by 2023

Skilled Nursing Care Services Market Foreseen to Grow Exponentially by 2023

Mexico, Brazil and Argentina will grow to a large extent over the coming years in the global skilled nursing care services market as the aged population in these regions is increasing rapidly, finds Transparency Market Research (TMR). Skilled nursing care service centers cater to the needs of patients suffering from chronic conditions such as Parkinson’s or Alzheimer’s, as it is difficult to tend them at home. These centers also provide care on a temporary basis to injured or ill people who need constant attendance. At a skilled nursing care service center, personal hygiene, dressing, bathing, eating, and timely medications are taken care of by trained professionals. These service centers assist speech therapists and physical therapists, monitor interventional medications, take care of wounds and dressings, besides administering end-of-life care, laundry services, and educational and social activities.

Eddy Current Testing Market Product Estimates and Development Analysis by 2020

According to the new market research report Eddy Current Testing Market by Type (Conventional Eddy Current, ACFM, RFT, Eddy Current Array, Pulsed Eddy Current, Near-Field Testing, Near-Field Array, Partial Saturation Eddy Current), Service, Vertical, and Geography – Global Forecast to 2022″, the eddy current testing market is expected to be worth USD 1,682.9 Million by 2022, growing at a CAGR of 9.82% between 2016 and 2022. Factors which are driving this market include advancements in eddy current testing technologies encouraging customers to adopt this technique, safety regulations by governments and increasing infrastructure development in emerging economies.

HVDC Capacitor Market Process Estimates and Trend Analysis by 2018-2020

According to a new market research report HVDC Capacitor Market by Type (Plastic Film, Aluminum Electrolyte, Ceramic, Tantalum Wet, Reconstituted Mica, Glass), Technology (LCC, VSC), Installation (Open Rack, Enclosed Rack, Pole Mounted Capacitor Banks), Application & Geography – Global Trends & Forecast to 2013 – 2020”, published by, the total market was valued at $1,310.00 million in 2013 and is expected to reach 3,890.00 million by 2020, at an estimated CAGR of 16.02% from 2014 to 2020.

Voice over LTE Market Variables, Trends and Scope Analysis by 2022

According to the new market research report Voice over LTE Market by Long Term Evolution (Technology-FDD and TDD, End User Devices-Smart Phones, Dongles, and Routers), by Technology (CSFB, VOIMS, and Dual Radio/SVLTE), and by Geography – Analysis & Forecast to 2014 – 2020″, the total value of global voice over LTE market is estimated to grow at a CAGR of 64.40% from 2014 to 2020. The report includes an in-depth analysis of the Voice over LTE, by technology and geography; and  LTE market by technology, network modes, device, and geography.

How to use Netflix on Roku?

Netflix com activate is a not to miss exercise. Every subscriber essentially needs to follow it otherwise there app will not function as per the expectations. It is a simple and quick exercise therefore longer time is not needed to perform the exercise.

How to use Netflix on Roku?

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Latest Trends and Insights in Motor Soft Starter Market Set a New Picture in Industry

The global motor soft starter market is estimated to be USD 1.37 Billion in 2017 and is expected to grow at a CAGR of 6.08% from 2017 to 2022. Increasing demand for industrial pumps and HVAC applications is one of the major factors driving the motor soft starter market.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the motor soft starter market. These players include ABB Ltd. (Switzerland), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), and Schneider Electric SE (France). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.