Investor Presentaiton
Strong Tailwind from Chronic National Nursing Shortage
Nursing education market poised for significant growth as nursing shortage projected to continue
Projected 9% Increase in RN Workforce by 2030(1)
NURSING WORKFORCE (MM'S)
3.40
3.30
Licensed practical / licensed vocational
nurses also expected to grow at ~9% annually
with ~60k average annual openings
3.36
3.33
3.30
3.27
3.25
3.22
3.19
3.20
3.16
3.14
3.11
3.10
3.08
apei
AMERICAN PUBLIC
EDUCATION, INC.
Annual Gap of >190k RNs Over Next 10 Years (1)
Пош
O
McKinsey estimates
US direct patient
care nursing gap of
200k-450k by 2025
3.00
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Projected US Nursing Education Market Size (2)
22% CAGR
($ in billions)
$70
$60
$60
$49
$50
$41
$40
$33
$28
$30
$20
$10
$0
2020
2021
2022
2023
2024
(1) Source: Bureau of Labor Statistics
(2) Technavio Nursing Education Report (2020)
(3) National Nursing Workforce Study and AMN Healthcare survey
Factors Driving Demand for Nursing Education
✓ Aging US population driving demand for healthcare services
✓ Nursing shortage causing use of expensive temporary labor
and overtime, pressuring healthcare system margins
✓ Increase in nurse retirements: 43% of nursing population
>55 years old (3)
✓ Continued demand from both hospitals and home healthcare
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