Nursing Education Market Size, Share, Growth, And Industry Analysis, By Type (Baccalaureate Degree (BS), Associate Degree (AD), Diploma), By Application (Continuing Education, Conventional Universities, Nursing Programs in Colleges) and Regional Forecast From 2025 To 2033

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NURSING EDUCATION MARKET OVERVIEW

The global Nursing Education market reached a value of USD 8.65 billion in 2024, the market will achieve USD 14.49 billion by 2033, exhibiting a CAGR of 5.89% during the forecast period.

Yonsei University, Elite Continuing Education, American Career College (ACC), University of Illinois College of Nursing, University of California, BeiJing AiHu Education, School of Education Northcentral University, University of Washington School of Nursing.

The global COVID-19 pandemic has been unprecedented and staggering, with the Nursing Education market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Nursing education involves formal instruction and preparation in the nursing sciences. This encompasses tasks and responsibilities related to the physical care of patients as well as a synthesis of other disciplines that both expedites and supports the patient's recovery from illness.

Nursing experts' capacity to give patients better care and individualized attention is projected to be the main factor driving the nursing services industry. A significant driver of the expansion of the nursing services industry was societal change. Smaller family units as a result of the separation of joint families into nuclear families make it more difficult to provide for the dependent family member. The need for nursing services is expected to rise as a result.  

COVID-19 IMPACT

Influence on Clinical Learning During Pandemic to Accelerate Market Growth

Because nursing is a caring profession that places a premium on close relationships with patients, physical contact, and proximity to the patients' bodies as a means of effective communication, the outbreak had a significant impact on nursing care in addition to the risks associated with daily practice, the workload, or the impact on nurses' personal lives outside of healthcare settings. When all of these topics are included in nursing education, they provide students a chance to study while also helping them focus on the nursing profession and establish their professional identities. The COVID-19 epidemic has a profound influence on clinical learning environments in healthcare settings.

LATEST TRENDS

Increasing Demand for Degrees and Certifications leading Market Expansion

Market expansion is anticipated to be fueled by the rising demand for certifications and degrees among students seeking to obtain a competitive advantage. Increased demand for nursing education market from 2022 to 2029 has been attributed to factors such as growing need for nurses in hospitals, high adoption of social media for learning and building communities, growth in nursing colleges and institutes globally, unrelenting change in healthcare technology and patient care, and rising motivation among younger generations to advance professional knowledge.

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NURSING EDUCATION MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented into baccalaureate degree (BS), associate degree (AD), and diploma. baccalaureate degree (BS) is anticipated to be the leading segment.

By Application Analysis

Based on application, the market can be divided into continuing education, conventional universities, nursing programs in colleges. Continuing education will be the dominating segment.

DRIVING FACTORS

Rise in Nurse Practitioners Non-Physician Clinicians Will Drive Market Expansion

A research that appeared in the journal Health Affairs concluded that "the number of physicians choosing primary care careers remains insufficient to replace those retiring." "This is particularly true in rural regions where there aren't many suppliers. As a result, practices could utilize nurse practitioners and other non-physician clinicians more frequently. There is a demand for additional family nurse practitioners due to the scarcity of primary care doctors. They are far less expensive than doctors, as are other advanced practice nurses like nurse midwives and nurse anesthetists. The need to reduce expenses is greater than ever, yet access to care is expanding. These are the definite elements that will encourage market expansion.

Rising Demand for High-Quality Medical Care Will Drive Market Expansion

The growing need for high-quality medical care in the nation is predicted to fuel growth in the market for registered nurses in the United States. The regional administration is renowned for making significant investments in the nation's healthcare system. It has some of the strictest regulations governing the licensing of medical professionals employed in the healthcare industry. In addition, there is a growing need for high-quality medical treatment as a result of the increasing number of patients with a variety of mild to severe medical disorders. As a result, the government is emphasizing the need of encouraging individuals to enroll in state-approved medical programmers.

RESTRAINING FACTORS

Limited Practice Area to Impede Market Expansion

Although becoming a registered nurse in the US has many advantages, there are some disadvantages as well. The narrow scope of practice is one of the key obstacles. State boards have strict regulations governing the nursing industry. The kinds of procedures RNs may carry out are severely constrained by this. Additionally, it may result in the nurses often operating under the direction of other healthcare experts, which would limit their ability to work autonomously. The nursing education market's expansion during the forecast period can be hampered by the cost issue and the nursing education programmers provided by universities and institutions. The importance of the education and practical knowledge offered by different nursing organizations as well as the expensive start-up expenses would be major obstacles to the market's expansion.

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NURSING EDUCATION MARKET REGIONAL INSIGHTS

North America Region Witnessed the Highest Growth During Forecast Period

The Northeast regions are predicted to have the most increase in the U.S. registered nurse market. Some of the most technologically sophisticated states, like New York, New Jersey, and Massachusetts, are located in this area of the region. For skilled and experienced medical workers, especially nurses, these areas have a high need. Additionally, a significant number of students graduate each year from some of the most renowned nursing institutions in the Northeast. The development in the Midwest, which includes states like Ohio, Illinois, and Michigan, is anticipated to be fueled by an increase in the number of older people who need ongoing medical attention. Although this region may not be as technologically evolved as the other states, there is still a significant need for skilled nurses. Currently, there is a clear lack of nurses in the country, and efforts are being made to address this problem.

KEY INDUSTRY PLAYERS

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Top Nursing Education Companies

• New York University Rory Meyers College of Nursing (U.S.)
• University of Pennsylvania (U.S.)
• Emory University (U.S.)
• Duke University (U.S.)
• University of Michigan School of Nursing (U.S.)
• University of Maryland School of Nursing (U.S.)
• Louisiana State University Health New Orleans (U.S.)
• Centria University of Applied Sciences (Finland)
• Columbia University (U.S.)
• University of Dundee (U.K.)
• Yonsei University (South Korea
• Elite Continuing Education)
• American Career College (ACC) (U.S.)
• University of Illinois College of Nursing (Chicago)
• University of California (U.S.)
• BeiJing AiHu Education (China)
• School of Education Northcentral University (U.S.)
• University of Washington School of Nursing (U.S.)
• Chiba University (Japan)
• Johns Hopkins University (U.S.)

REPORT COVERAGE

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.