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US Registered Nurses Market Will Reach USD 763.24 Billion by 2030 At CAGR of 5.62%

Introduction

At a CAGR (compound annual growth rate) of about 5.62% between 2023 and 2030, the size of the U.S. registered nurses market is expected to increase from its 2022 valuation of about USD 499.15 Billion to about USD 763.24 Billion.

US. Registered Nurses Market

The field of registered nursing is one that is extremely important to the functioning of the healthcare system in the United States Registered nurses (RNs) are members of the medical profession who have duties with the administration of patient care as well as the education of patients and the general public regarding a wide range of medical disorders. Registered nurses (RNs) can find employment in a wide variety of locations, including hospitals and clinics, as well as long-term care institutions, schools, and home healthcare settings.

There were 3.2 million RNs in the United States in 2020, according to BLS data. Insights from the BLS. According to the BLS, RNs have a promising future. Employment for registered nurses is projected to increase by 9% from 2020 to 2030, according to the BLS. The healthcare sector is poised for tremendous expansion in the future years for a number of reasons. This is due in part to factors such as an older population, more emphasis on preventative care, and improved diagnostic and treatment tools.

To become a registered nurse (RN), one must complete an approved nursing education program and score very well on the National Council Licensure Examination (NCLEX-RN). These are the most fundamental requirements for becoming a registered nurse. Many RNs opt to further their education by specializing in a subfield of nursing or by taking courses leading to additional certifications beyond those required for initial licensure.

Segmentation

Based on end-user, the global market segments are ambulatory health services, hospitals, nursing homes, and others. Based on gender, the U.S. registered nurses market divisions are male and female.

Regional Analysis

According to market projections, the Northeast region of the United States, which includes states like New York and Massachusetts, is anticipated to experience the most significant expansion in the registered nurses market. These two regions are considered to be among the most advanced in the country, particularly in terms of employment prospects and the healthcare industry. New York, commonly referred to as the financial hub of the United States, boasts a notably high population density. The aforementioned regions boast top-notch medical infrastructure, attracting patients from all corners of the world seeking quality treatment. Hospitals in these areas have gained global recognition for their exceptional healthcare services. The Southern region of the United States, encompassing states such as Texas, Florida, and Georgia, is currently experiencing a notable shortage of nurses. As a result, state governing bodies have intensified their efforts to encourage more students to pursue nursing as a career path.

Key Players

Johns Hopkins Medicine, HCA Healthcare, Kaiser Permanente, Tenet Healthcare, Cleveland Clinic, Ascension Health, Ohio State University Wexner Medical Center, Community Health Systems, Rush University Medical Center, Universal Health Services, Cedars-Sinai Medical Center, Mayo Clinic, Vanderbilt University Medical Center, Massachusetts General Hospital, Duke University Health System, New York-Presbyterian Hospital, University of Michigan Health System, Stanford Health Care, UAB Medicine, Emory Healthcare, Banner Health, Houston Methodist, Yale New Haven Health, Northwell Health, and AdventHealth.

 

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