What is the Size of Middle East Post-Acute Rehabilitation Industry?
Middle East Post-Acute Rehabilitation market is growing at a CAGR of ~% in 2017-2022 and is expected to reach Middle East ~ Bn by 2027. The Middle East Post-Acute Rehabilitation Market is largely is driven the Middle East post-acute care market has been growing over the past few years, due to factors such as the aging population, growing prevalence of chronic diseases, rising healthcare expenditure, rising affordability, and many other factors.
The aging population in the US is anticipated to lead to a sharp increase in the demand for post-acute care services provided by home health agencies. After getting discharged from acute-care hospitals, the majority of the elderly patients require post-acute care and a large number of these patients prefer to receive such care in the comfort of their homes as the old people are not able to travel much to avail of treatments. However, the market has been confronted with some challenges specifically, tight labor supply, changes in reimbursement policies, etc.
Middle East Post-Acute Rehabilitation Market By Services
The report provides the bifurcation of the market into four segments based on the services: Skilled Nursing Facilities, Home Health, Long Term Acute Care, and Inpatient Rehabilitation. the home health segment is expected to be the fastest growing segment in the forecasted period owing to the affordability offered by home health services in comparison to other post-acute care services.
Middle East Post-Acute Rehabilitation Market By Application
The market is also segmented based on application: Elderly, Adult, and Child. The elderly segment held the highest share in the market, i.e. approximately three quarters as the old generation is more prone to chronic diseases and other medical problems as compared to the young generation.
Middle East Post-Acute Rehabilitation Market By Condition
The report further provided the segmentation based on the condition: Neurological Disorders, Brain Injury, Amputations, Spinal Cord Injury, Wound Management, and Others. Amputations segment is expected to grow at the highest CAGR in the forthcoming years. Cancer accounted for minor share of total amputations and is the most common cause between ages 10 and 20 years. The increasing incidence of cancer is expected to drive amputation cases in the coming years, which would further increase the need for post-acute care.
Middle East Post-Acute Rehabilitation Market by Outflow Countries
The Middle East Post-Acute Rehabilitation market is segmented by outflow countries into India, Pakistan, Bangladesh, Sri Lanka, Egypt and Indonesia. Indonesia held the major market share in MENA International Outbound Remittance market in 2022.
Middle East Post Acute Rehabilitation Market by spending
The report provides a glimpse of market spending based on services: Skilled Nursing Facilities, Home Health, Long Term Acute Care, and Inpatient Rehabilitation. Fee-for-services (FFS) spending on inpatient rehabilitation facilities (IRFs) has increased steadily over the past decade and is estimated to increase in the approaching years. This is because an increasing number of Medicare FFS users are likely to opt for inpatient rehabilitation facilities for conditions such as stroke, brain injury, cardiac conditions, etc.
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Competition Scenario in Middle East Post-Acute Rehabilitation Market
Post-Acute Rehabilitation Market is concentrated among the top 5 players. Prominent players are pursuing various strategies, such as research & development initiatives, product innovations, joint ventures & strategic partnerships, expansion, and mergers & acquisitions to gain a competitive edge in the market. Market players are focusing on leveraging the capabilities of newly emerged fintech companies to offer their consumers the utmost convince of healthcare. The major companies dominating the Post-Acute Rehabilitation market for its products, services, and continuous product developments are Cambridge Medical & Rehabilitation Centre (CMRC), Amanat Holdings, Sukoon International Holding Company, Priory Group among others
What is the Expected Future Outlook for the Overall Middle East Post-Acute Rehabilitation Market?
The Middle East Post-Acute Rehabilitation market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
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The Middle East Post-Acute Rehabilitation market is driven by due to factors such as the aging population, growing prevalence of chronic diseases, rising healthcare expenditure, rising affordability, and many other factors. The aging population in the US is anticipated to lead to a sharp increase in the demand for post-acute care services provided by home health agencies. After getting discharged from acute-care hospitals, the majority of the elderly patients require post-acute care and a large number of these patients prefer to receive such care in the comfort of their homes as the old people are not able to travel much to avail of treatments.
Development and analytical platforms while deploying robust cyber security measures and controls which will led to increase employment in the digital sector, thus fueling the post-acute access to people in the country. The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as integration of CMMI in payment models, growing emphasis on home-based services, etc. Home is the most affordable setting to treat patients requiring post-acute care services. The provision of care at home is preferred by consumers as compared to more costly settings such as skilled nursing facilities. Too often, patients do not have the critical information they need to carefully assess their options and make informed choices when they are at their most vulnerable. They rely on faith, instead of facts.
Decisions on where to go for post-hospital care usually have to be made quickly, and patients are just relieved to find a bed. The result is that people end up choosing lower-quality providers. One study found that only 16% of Medicare recipients using services at a skilled nursing facility chose the best provider that’s available to them.
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