Global Market Analysis covers the nursing insurance industry regarding market size and growth, segmentation, regional analysis and competitive landscape. The study provides historical information and forecasts for the nursing insurance market from 2016 to 2025. The research estimates the global market size of Nurses Insurance was valued at USD 91 bn in 2018 and is expected to reach USD 136 bn by 2025, growing at a CAGR of 4.1% during 2019-2025.
Nursing is a very demanding job, and there is a new need for the nursing forecast to help nurses get ready for their future. The nursing market is expected to grow at 10% over the coming years, from $12.3 billion in 2016 to $19.5 billion by 2021. The demand for skilled nursing professionals has increased over the years, increasing life expectancy worldwide.
According to the WHO, more than 800 million people in Europe find themselves in need of health care services. Additionally, as the population in Europe grows older, the demand for health care services will increase. This trend is even more noticeable in a report focused on the European market. The need for nursing services is expected to rise by 5% over the next five years. With so many patients requiring nursing help, this is an excellent time to consider a career as a nurse.
The global healthcare industry is growing fast, and this growth occurs in almost all regions. Countries in Western Europe, Asia-Pacific, North America, Latin America and the Middle East are expected to contribute to this growth significantly. The market for patient care services has grown rapidly over the last few years due to the increasing number of patients with chronic conditions and high treatment costs per patient.
The global market for senior care technology products was estimated at $ 3.7 billion in 2014. The market is expected to grow to $ 10.3 billion by 2020 from approx. $ 4.4 billion in 2015, with a combined annual growth rate (CAGR) of 16.7% from 2016 to 2019.