{"id":49767,"date":"2022-10-18T19:01:57","date_gmt":"2022-10-18T17:01:57","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/united-states-post-acute-care-pac-market-report-2022-2027-analysis-by-services-condition-application-spending-number-of-providers-and-impact-of-covid-19-researchandmarkets-com\/"},"modified":"2022-10-18T19:01:57","modified_gmt":"2022-10-18T17:01:57","slug":"united-states-post-acute-care-pac-market-report-2022-2027-analysis-by-services-condition-application-spending-number-of-providers-and-impact-of-covid-19-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/united-states-post-acute-care-pac-market-report-2022-2027-analysis-by-services-condition-application-spending-number-of-providers-and-impact-of-covid-19-researchandmarkets-com\/","title":{"rendered":"United States Post-Acute Care (PAC) Market Report 2022-2027: Analysis by Services, Condition, Application, Spending, Number of Providers and Impact of COVID-19 – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “The US Post-Acute Care (PAC) Market: Analysis By Services, By Condition, By Application, By Spending, By Number of Providers Size and Trends with Impact of COVID-19 and Forecast up to 2027”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

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\nThe US post-acute care market in 2021 was valued at US$338.49 billion. The value of the market is expected to reach US$443.84 billion by 2027. The market is anticipated to grow at a CAGR of approx. 4.6% during the forecasted period of 2022-2027.\n<\/p>\n

\nPost-acute care is a continuum of facilities that accompanies the care delivered by an acute care hospital after a major illness or injury. Post-acute care services are required by those patients who are no longer in life-threatening conditions but still demand quality care and services for a speedy recovery.\n<\/p>\n

\nPost-acute care is primarily designed to take care and rehabilitate the family members and loved ones after surgery, major medical procedure, or illness. The goal of post-acute care is to ensure that the patient suffers no complications or problems on his or her path to recovery.\n<\/p>\n

\nIn addition to that, post-acute care surgery makes the recovery process more comfortable at home by making sure that all the medical needs, health monitoring, treatment, attention, and care are provided for his or her convenience.\n<\/p>\n

\nImpact Analysis of COVID-19 and Way Forward:<\/strong>\n<\/p>\n

\nThe COVID-19 pandemic acted as a headwind for the post-acute care market in the US in 2020. The pandemic led to overwhelmed healthcare systems. Hence, many patients suffering from non-COVID diseases patients were denied admission in post-acute care settings.\n<\/p>\n

\nHowever, with the rollout of the vaccine, the market witnessed positive growth. Also, the increasing use of telemedicine and pent demand for surgeries has further boosted the demand for post-acute care in the year 2021.\n<\/p>\n

\nCompetitive Landscape:<\/strong>\n<\/p>\n

\nThe US post-acute care market is highly fragmented, with a large number of small- and medium-sized manufacturers accounting for a insignificant revenue share of overall market.\n<\/p>\n

\nSome of the strategies among key players in the market for post-acute care are mergers, acquisitions, and collaborations.\n<\/p>\n

\nFor instance, in 2022, LHC Group announced an agreement to purchase Three Rivers Home Health. Whereas, Select Medical Corporation and Inova Health System announced a joint venture to own and operate the first critical illness recovery hospital in Northern Virginia. The 32-bed specialty hospital would open in the first half of 2023 and be located within Inova Mount Vernon Hospital.\n<\/p>\n

\nAlso, in 2021, Kindred Healthcare accounted for a share of approx. 7% in the US home health PAC market, whereas Encompass Health is the largest owner and operator of inpatient rehabilitation facilities in the US.\n<\/p>\n

\nMarket Dynamics:<\/strong>\n<\/p>\n