Skilled Nursing Facility Market Revenue 2024 to 2034
Skilled Nursing Facility Market Revenue 2024 to 2034
The skilled nursing facility market will expand from USD 380.15 Bn in 2024 to USD 895.01 Bn by 2034, at an 8.94% CAGR, driven by aging populations, chronic care demand, and growing investments in long-term care facilities.
Report ID: 10675
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Format: Databook
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Published: August 2025
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Delivery: Immediate
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Revenue,
USD 380.15 Bn
Forecast Year,
USD 895.01 Bn
CAGR, 2025 -
8.94%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
Skilled Nursing Facility Market Size Analysis
Skilled Nursing Facility Market Size By Service 2024 to 2034 (USD )
| Service | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rehabilitation Therapy | 116.52 | 127.87 | 137.65 | 154.65 | 166.24 | 180.34 | 193.24 | 217.40 | 236.14 | 248.73 | 266.59 |
| Long-term Nursing Care | 10.97 | 12.75 | 13.88 | 14.47 | 10.90 | 13.10 | 12.16 | 20.07 | 0.77 | 42.96 | 41.78 |
| Post-acute Care | 214.71 | 232.83 | 253.05 | 275.61 | 307.39 | 321.14 | 365.99 | 405.10 | 431.27 | 441.22 | 489.71 |
| Hospice | 37.95 | 40.68 | 46.58 | 46.76 | 50.91 | 68.72 | 64.05 | 49.70 | 85.96 | 88.65 | 96.93 |
Skilled Nursing Facility Market Size By Payer 2024 to 2034 (USD )
| Payer | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 82.88 | 89.71 | 97.35 | 109.56 | 114.93 | 135.76 | 133.93 | 157.73 | 155.15 | 182.71 | 193.55 |
| Private | 180.96 | 197.69 | 217.95 | 233.70 | 258.65 | 272.58 | 311.93 | 326.09 | 355.69 | 372.41 | 441.08 |
| Out-of-pocket | 116.31 | 126.74 | 135.85 | 148.23 | 161.85 | 174.96 | 189.59 | 208.43 | 243.30 | 266.43 | 260.38 |
Skilled Nursing Facility Market Size By Age Group 2024 to 2034 (USD )
| Age Group | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 65–74 | 149.11 | 162.24 | 175.73 | 193.60 | 211.90 | 238.36 | 245.00 | 261.92 | 297.13 | 319.92 | 332.15 |
| 75–84 | 61.23 | 66.06 | 74.56 | 79.52 | 81.28 | 87.64 | 107.83 | 115.32 | 127.62 | 126.78 | 146.50 |
| 85+ | 169.81 | 185.83 | 200.87 | 218.38 | 242.25 | 257.30 | 282.62 | 315.02 | 329.39 | 374.87 | 416.37 |
Skilled Nursing Facility Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 77.59 | 84.64 | 90.71 | 100.61 | 108.25 | 122.01 | 135.99 | 120.05 | 149.29 | 156.27 | 165.20 |
| Europe | 106.14 | 115.09 | 127.12 | 135.96 | 151.29 | 167.36 | 172.64 | 197.68 | 201.11 | 229.73 | 257.24 |
| Asia Pacific | 88.09 | 96.90 | 106.32 | 114.34 | 127.10 | 129.11 | 141.94 | 158.11 | 181.13 | 201.67 | 203.03 |
| Latin America | 106.67 | 114.48 | 124.02 | 136.80 | 145.93 | 161.34 | 166.88 | 195.66 | 221.86 | 233.05 | 265.66 |
| Middle East & Africa | 1.66 | 3.03 | 2.98 | 3.78 | 2.86 | 3.48 | 17.99 | 20.76 | 0.75 | 0.84 | 3.88 |
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