Italy Residential Nursing Care service Market Market Report 2023 to 2030

Italy Residential Nursing Care service Market Analysis

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Italy Residential Nursing Care Service Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 - 2030. The market for Residential Nursing Care Service is expanding as a result of rise in chronic diseases with growing geriatric population and growing nuclear families. This is fueling the demand for Residential Nursing Care Service market to provide support to these people. Some of the key players in the global Residential Nursing Care Service Market include The Ensign group, Inc., Kindred Healthcare, LLC, Genesis Healthcare, Brookdale Senior Living, Kaiser Permanente, CBI Health Group Inc., Trinity Health, Columbia Asia, Apollo Hospitals Enterprise Ltd., Grand World Elder Care, Knight Health Holdings, LLC, Inc., and Grand World Elder Care.

ID: IN10ITHS092 CATEGORY: Healthcare Services GEOGRAPHY: Italy AUTHOR: Aneri Parekh

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Italy Residential Nursing Care service Market Executive Summary

Italy Residential Nursing Care service Market is valued at around $12.4 Bn in 2022 and is projected to reach $19.04 Bn by 2030, exhibiting a CAGR of 5.5% during the forecast period 2023-2030.

The likelihood that elderly people may choose to avail of Residential Nursing Care Services is increased by the aging population. In 2019, there were 703 Mn people worldwide who were 65 or older. In 2050, it is expected that there will be 1.5 Bn senior people. The market for Residential Nursing Care Services is anticipated to grow in response to the growing aging population, especially with increasing chronic diseases, including cardiovascular disease, cancer, arthritis, dementia, cataracts, osteoporosis, diabetes, hypertension, and Alzheimer's disease. This market is expected to support the expansion of the Residential Nursing Care Service market as a whole.

By gender, the female sub-segment dominated the global market share for private nursing services in 2021. Because they are more sensitive than male nurses and treat patients with greater care, women have dominated the nursing care industry. Patients seem to prefer female nurses for private nursing over male nurses. The female nursing care sub-segment is anticipated to fuel the expansion of the Residential Nursing Care Service market.

Firms like The Ensign Group, Inc., Kindred Healthcare, LLC, Genesis Healthcare, Brookdale Senior Living, Kaiser Permanente, CBI Health Group Inc., Trinity Health, Columbia Asia, Apollo Hospitals Enterprise Ltd., Grand World Elder Care, Knight Health Holdings, LLC, Inc., and Grand World Elder Care, are some of the major players in the Residential Nursing Care Service Market.

Big data technologies are being used by the Residential Nursing Care Service sector to track patient health and deliver the right treatment. Large amounts of data that can be examined to produce new information and influence decision-making are known as big data. Big data gives nursing care providers access to huge quantities of data that may be utilized to help healthcare workers recognize potential health issues in the future and provide appropriate treatments. Additionally, home healthcare providers can use this information to spot inconsistencies in patient care and boost its efficacy.

The market for private nursing care is anticipated to be constrained by a lack of qualified physicians, consultants, nurses, and carers. As the need for Residential Nursing Care Services increases, several countries are experiencing a severe shortage of healthcare workers. This is mostly because the candidates lack the necessary education, work experience, and abilities. The residential care industry will probably continue to be constrained in the future due to the shortage of healthcare workers.

Market Dynamics

Drivers of Italy Residential Nursing Care Service Market

Growing Number of Geriatric Population: As the number of older populations increases, the market for Residential Nursing Care Services moves toward growth
Rise in Number of Nuclear Families: People are now preferring to stay in nuclear families which makes it difficult to keep an eye on the patient all the time, as the members are in a family. This is causing a rise in the Residential Nursing Care Service market
Increasing Chronic Diseases: The risk of chronic diseases is increasing among older citizens which makes it difficult for families to take care of them, proliferating the growth of the Residential Nursing Care Service market

Restraints of Italy Residential Nursing Care Service Market:

Shortage of Skilled Workforce: One of the factors that could hamper the growth of the Residential Nursing Care Service market is the lesser availability of skilled workforces like doctors, nurses, consultants, and caregivers
High Cost of Residential Nursing Care Service: The market for Residential Nursing Care Services may face challenges due higher cost of these services

Key players

Istituto di Ricovero e Cura a Carattere Scientifico (IRCCS) Fondazione Casa Sollievo della Sofferenza Fondazione Salvatore Maugeri San Camillo-Forlanini Hospital Casa di Cura Villa Fiorita Gruppo San Donato Policlinico San Matteo Casa di Cura Villa Bianca Casa di Cura Villa Serena Casa di Cura Villa Verde

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Market Segmentations For Italy Residential Nursing Care Service Market

By Type

Home Health Care Providers
Retirement Communities
Nursing Care Facilities
Orphanage and Group Homes

By Gender

Female
Male

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.