The analysts forecast nursing education market in the US to grow at a CAGR of 20.26% during the period 2017-2021. The latest trend gaining momentum in the market is Rising use of social learning.
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Many learners willing to pursue nursing education are increasingly adopting social media to learn and create communities.
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This is creating more awareness about learning concepts through social media. Many students come from middle-class working families, with increased motivation to advance their professional potential and knowledge to move up the hierarchy at their workplaces.”
According to the nursing education market report, one of the major drivers for this market is Growing geriatric population and chronic illness. One of the key drivers contributing significantly to the growth of the nursing education market in the US is the continuously increasing geriatric population.
The majority of the aging population or older adults suffer from at least one or more chronic health conditions. Owing to this there is an increasing demand for nurses in hospitals as well as home healthcare services.
Despite being one of the fastest-growing professions in the country, the demand for nurses is outpacing its supply. Therefore, there is a considerable rise in the need to increase the number of nurses across hospitals in the country.
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Major key players in the nursing education market in the US: Duke University, Johns Hopkins University, University of Pennsylvania, University of California, Columbia University, Emory University, Louisiana State University Health New Orleans, School of Education Northcentral University, New York University Rory Meyers College of Nursing, Ohio State University College of Nursing, Rush University, University of Maryland School of Nursing, University of Washington School of Nursing, University of Michigan School of Nursing, University of Miami School of Nursing and Health Studies, University of Illinois College of Nursing, and Yale University.
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Further, the nursing education market report states that one of the major factors hindering the growth of this market is Higher setup costs. Nursing education is specific to the nature of its profession and involves continuous practice in real-time scenarios.
For this, nursing schools or colleges offering courses give enough opportunities to learners to get hands-on practical lessons on concepts taught in classrooms. Therefore, often schools need to establish simulation labs or clinical sites to establish a platform for the students.
This, in turn, incurs significant costs to colleges. These costs are further added to the overall fee charged by the students.
As a result, the adoption rate of these courses is slow, as students coming from economically weak backgrounds cannot afford them.
Complete report on nursing education market spread across 92 pages, analyzing 17 major companies and providing 31 data exhibits now available at www.reportsnreports.com/reports/12…us-2017-2021.html.
Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Higher Education Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2016
Exhibit 7: Validation Techniques Employed For Market Sizing 2016
Exhibit 8: Nursing Education Market in The Us Market Size and Forecast 2016-2021 ($ Bn)
Exhibit 9: Nursing Education Market in The Us Year-Over-Year Growth 2017-2021 (%)
Exhibit 10: Five Forces Analysis 2016
Exhibit 11: Five Forces Analysis 2021
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces
Exhibit 18: Nursing Education Market in The Us By Courses Market Share 2016-2021 (%)
Exhibit 19: Comparison By Course
Exhibit 20: Nursing Education Market in The Us By Postgraduate Courses Market Size and Forecast 2016-2021 ($ Bn)
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