What is Post-Acute Care (PAC)?:
Post-acute care (PAC) has become an essential component of the healthcare sector for the elderly population’s health maintenance. Post-acute care (PAC) refers to palliative or rehabilitation services provided to beneficiaries following their stay in an acute care hospital. PAC treatment may include ongoing outpatient therapy, a stay in a rehabilitation facility, and care delivered at home, depending on the patient’s care intensity. Inpatient rehabilitation facilities (IRFs), long-term care hospitals (LTCHs), home health agencies (HHAs), and skilled nursing facilities are examples of PAC settings (SNFs).
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Post-Acute Care (PAC) Outlook:
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 market outlook section of the report focuses on the fundamental dynamics of the market, such as the industry’s drivers, restraints, opportunities, and challenges. Market drivers and restraints are intrinsic factors, whereas opportunities and challenges are extrinsic.
The rapid ageing of the population, as well as the prevalence of chronic diseases, has necessitated the need for quality healthcare services such as post-acute care. According to the Centers for Disease Control and Prevention (CDC), chronic diseases affect 6 out of every 10 people in the United States. Chronic disease is one of the leading causes of death in the United States, costing the country USD 3.5 trillion in annual healthcare costs.
Global Post-Acute Care (PAC) Market: Top Key Players
Amedisys, Inc.
Kindred Healthcare, Inc.
Genesis Healthcare, Inc.
LHC Group, Inc.
Global Post-Acute Care (PAC) Market: By Types
Skilled Nursing Facilities
Home Health
Inpatient Rehabilitation Facilities
Long Term Acute Care Hospitals
Global Post-Acute Care (PAC) Market: By Applications
Child
Adult
Elderly
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
However, ongoing reimbursement policy changes are having a significant impact on the stocks of some home health care companies and other healthcare providers. Many PAC providers have already stated that the payment reduction will have an impact on the quality of acute care services. As a result, these changes are expected to limit the growth of the post-acute care market in the United States over the forecast period.
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FAQs:
• What is the driving factor for the growth of the Post-Acute Care (PAC)?
• How will the COVID-19 pandemic impact the demand and consumption of the Post-Acute Care (PAC) market?
• What is the major application area of the Post-Acute Care (PAC) market?
• Who are the Post-Acute Care (PAC) manufacturers across the globe?
• Which geographical location is dominant in the Post-Acute Care (PAC)?
• Which are the top industry players in the Post-Acute Care (PAC)?
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