Private nursing services market hits USD 1179 billion by 2032

Private nursing services market hits USD 1179 billion by 2032 
Market.US; by Trishita Deb; 7/17/24 
The Global Private Nursing Services Market, valued at USD 609.7 billion in 2022, is poised for substantial growth. It is projected to reach USD 1179 billion by 2032, expanding at a consistent annual growth rate of 7%. This growth is primarily driven by several critical factors. Firstly, the increasing aging population worldwide necessitates more personalized and attentive healthcare services, which private nursing can provide. Secondly, the rise in chronic diseases, which require long-term care, significantly contributes to the demand for private nursing services. Technological advancements and increased healthcare expenditures also play vital roles in enhancing the service quality and accessibility in this sector​.