US Post-Acute Care (Pac) Market
US Post-Acute Care (PAC) Market Size And Forecast
According to Verified Market Research, The US Post-Acute Care (PAC) Market was valued at USD 343.8 Million in 2018 and is projected to reach USD 473.66 Million by 2026, growing at a CAGR of 4.2% from 2019 to 2026.
The US Post-Acute Care (PAC) Market Outlook
The rapid growth in the aging population and prevalence of the chronic disease has necessitated the need for quality healthcare services such as post-acute care. For instance, according to the U.S. Centers for Disease Control and Prevention (CDC), 6 people out of 10 people are affected by chronic diseases. Chronic disease is among the leading causes of death in the U.S. and it accounts for USD 3.5 trillion in annual healthcare costs. These factors are significantly contributing to the increased share of the U.S. post-acute market during the forecast period.
U.S. Post-Acute Care (PAC) Market, Segment Analysis
The U.S. Post-Acute Care (PAC) Market is segmented on the basis of Type, Application, and Geography.
The US Post-Acute Care (PAC) Market Competitive Landscape
The U.S. Post-Acute Care (PAC) market is highly fragmented with the presence of a large number of manufacturers. Some of the major players include Kindred Healthcare, Genesis Healthcare, Inc., Brookdale Senior Living Inc., Santé, Amedisys, Inc., and LHC Group Inc. Genesis Healthcare, Inc. is one of the top five players for the U.S. Post-Acute Care (PAC) market.
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