Industry Statistics and Trends
Market size and recent performance (2016-2031)
Industry revenue has grown at a CAGR of 2.6 % over the past five years, to reach an estimated $173.4bn in 2026.
Trends and Insights
Labor constraints and nursing home care prices are complicating the performance of nursing care facilities
- The producer price index for nursing home care has climbed, improving financial health for facilities that can adjust rates amid steady or rising occupancy and limited bed availability in the sector. However, this is also triggering tougher negotiations with Medicare, Medicaid and commercial payers that resist higher daily rates and push for shorter institutional stays or alternative settings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2026-2031)
Market size is projected to grow over the next five years.
Trends and Insights
Payment reforms and policy shifts are set to reshape facility operations
- The 2025 budget law caps new Medicaid state-directed payments for nursing facility and inpatient hospital services at 100% of Medicare rates in expansion states and 110% in non‑expansion states. Operators will likely scrutinize cost control and strengthen documentation to maintain profit in light of tighter public reimbursement.
Biggest companies in the Nursing Care Facilities in the US
| Company | Market Share (%)
2026 | Revenue ($m)
2026 | Profit ($m)
2026 | Profit Margin (%)
2026 |
|---|---|---|---|---|
Ensign Group, Inc. | 4,626.8 | 562.1 | 12.1 |
To view the market share and analysis for all 1 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including For-profit skilled nursing facilities, For-profit nursing homes and Nonprofit skilled nursing facilities. For-profit skilled nursing facilities is the largest segment of the Nursing Care Facilities in the US.
Trends and Insights
For-profit skilled nursing facilities meet healthcare needs more efficiently
- A for-profit skilled nursing facility offers essential post-hospital care, helping patients not ready to return home. These facilities provide specialized nursing care and rehabilitation services for individuals with injuries, disabilities or illnesses. They often partner with hospitals for seamless patient transitions.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry provides living quarters, inpatient nursing and rehabilitation services for people with a chronic illness or disability. Care is usually provided for an extended period to individuals who require help with day-to-day activities but do not need to be in a hospital.
What's included in this industry?
Products and services covered in the Nursing Care Facilities industry in the United States include For-profit skilled nursing facilities, For-profit nursing homes, Nonprofit skilled nursing homes, Nonprofit nursing homes, Government nursing homes and skilled nursing facilities and Hospice centers.Companies
Companies covered in the Nursing Care Facilities industry in the United States include Ensign Group, Inc.Purchase this report to view all 1 major companies in this industry.
Related Terms
Related terms covered in the Nursing Care Facilities industry in the United States include acuity, medicare, medicaid, home healthcare, hospice care, activities of daily living (adl), respite care and long-term care.Industry Code
NAICS 62311 - Nursing Care Facilities in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Government policy and payment reforms are shaking up the long-term care landscape. As more funding shifts toward home- and community-based services, traditional facilities mu...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2016-2025) and forecast (2026-2031)
- Employees, including historical (2016-2025) and forecast (2026-2031)
- Businesses, including historical (2016-2025) and forecast (2026-2031)
- Profit, including historical (2016-2026)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
For-profit nursing facilities now dominate the market through operational efficiency and service expansion, often absorbing non-profit facilities. However, concerns remain ab...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2026
- Product innovation level
Charts
- Products & services segmentation in 2026
- Major market segmentation in 2026
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Regions with older populations tend to have more nursing care facilities. This concentration is driven by the age distribution across the US, highlighting a correlation betwe...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2026
Tables
- Number and share of establishments in each state in 2026
- Number and share of revenue each state accounts for in 2026
- Number and share of wages each state accounts for in 2026
- Number and share of employees in each state in 2026
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
New entrants face tough barriers. Intricate licensure, strict regulations and laws governing facility operations complicate market entry and expansion, thereby supporting con...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2021-2026
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The nursing facilities industry remains highly fragmented despite a trend toward consolidation. The persistence of fragmentation suggests that consolidation in this sector is...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2022 through 2026
- Major companies in the industry, including market share, revenue, profit and profit margin in 2026
- Overview of Ensign Group, Inc.'s performance by revenue, market share and profit margin from 2020 through 2026
Detailed analysis
- Description and key data for Ensign Group, Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Medicare and Medicaid reimbursements cover many services and treatments. However, federal funding and reimbursement rates vary significantly by year and state, leading to rev...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2016-2031)
- Assistance historical data and forecast (2016-2031)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The shift towards for-profit skilled care, combined with mergers and larger facility sizes, helps streamline operations and grow profit. Occupancy rates have rebounded since ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Investment vs. share of economy
Data tables
- Industry Multiples (2019-2024)
- Industry Tax Structure (2019-2024)
- Income Statement (2019-2024)
- Balance Sheet (2019-2024)
- Liquidity Ratios (2019-2024)
- Coverage Ratios (2019-2024)
- Leverage Ratios (2019-2024)
- Operating Ratios (2019-2024)
- Cash Flow & Debt Service Ratios (2016-2031)
- Revenue per Employee (2016-2031)
- Revenue per Enterprise (2016-2031)
- Employees per Establishment (2016-2031)
- Employees per Enterprise (2016-2031)
- Average Wage (2016-2031)
- Wages/Revenue (2016-2031)
- Establishments per Enterprise (2016-2031)
- IVA/Revenue (2016-2031)
- Imports/Demand (2016-2031)
- Exports/Revenue (2016-2031)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2016-2031)
- IVA (2016-2031)
- Establishments (2016-2031)
- Enterprises (2016-2031)
- Employment (2016-2031)
- Exports (2016-2031)
- Imports (2016-2031)
- Wages (2016-2031)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Nursing Care Facilities industry in the United States in 2026?
The market size of the Nursing Care Facilities industry in the United States is $173.4bn in 2026.
How many businesses are there in the Nursing Care Facilities industry in the United States in 2026?
There are 11,167 businesses in the Nursing Care Facilities industry in the United States, which has grown at a CAGR of 1.9 % between 2021 and 2026.
How may import tariffs affect the Nursing Care Facilities industry in the United States?
The Nursing Care Facilities industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Nursing Care Facilities industry in the United States?
The Nursing Care Facilities industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Nursing Care Facilities industry in the United States grown or declined over the past 5 years?
The market size of the Nursing Care Facilities industry in the United States has been growing at a CAGR of 2.6 % between 2021 and 2026.
What is the forecast growth of the Nursing Care Facilities industry in the United States over the next 5 years?
Over the next five years, the Nursing Care Facilities industry in the United States is expected to grow.
What are the biggest companies in the Nursing Care Facilities industry in the United States?
The biggest company operating in the Nursing Care Facilities industry in the United States is Ensign Group, Inc.
What does the Nursing Care Facilities industry in the United States include?
For-profit skilled nursing facilities and For-profit nursing homes are part of the Nursing Care Facilities industry in the United States.
Which companies have the highest market share in the Nursing Care Facilities industry in the United States?
The company holding the most market share in the Nursing Care Facilities industry in the United States is Ensign Group, Inc..
How competitive is the Nursing Care Facilities industry in the United States?
The level of competition is high and increasing in the Nursing Care Facilities industry in the United States.
Methodology
How are IBISWorld reports created?
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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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