Global Home Healthcare Market Report Size, Trends & Growth Opportunity, by operating system (Android, IOS, and Others), by therapeutic products (IV equipment, insulin delivery devices, respiratory therapy equipment, wound care products, and others), and by service (infusion therapy services, pregnancy care services, respiratory therapy services, rehabilitation therapy services, unskilled care services, and skilled nursing services). By Services (Hospice Solutions, Telehealth Solutions, Agency Software, and Clinical Management Systems) and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East) and forecast to 2027
Report ID : IR100354 | Industries : Energy & Power | Published On :May 2024 | Page Count : 241
Global Home Healthcare Market Report Size, Trends & Growth Opportunity, by operating system (Android, IOS, and Others), by therapeutic products (IV equipment, insulin delivery devices, respiratory therapy equipment, wound care products, and others), and by service (infusion therapy services, pregnancy care services, respiratory therapy services, rehabilitation therapy services, unskilled care services, and skilled nursing services). By Services (Hospice Solutions, Telehealth Solutions, Agency Software, and Clinical Management Systems) and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East) and forecast to 2027
Market Overview
The global home healthcare market was valued at USD 226 million in 2022 and is expected to reach USD 340.2 billion by 2027, at a CAGR of 7.049%.
Home care is supportive care like custodial care, domiciliary care, or non-medical care that is provided at home by registered nurses (RNs), occupational therapists, physical therapists, and licenced practical nurses. Home healthcare is classified into various types, such as hospice and social care.
Market Drivers
An increase in minimally invasive diagnostics and therapeutic interventional procedures and a rise in the prevalence of chronic diseases such as infectious diseases, cardiovascular diseases, metabolic diseases, and Parkinson’s Disease are the driving factors expected to boost the global home healthcare market's growth. Home healthcare is useful in the treatment and diagnosis of various diseases at home. It offers various healthcare services which are convenient services. Furthermore, an increase in government initiatives and technological advancement will have a positive impact on the global home healthcare market's growth. Moreover, an increase in the geriatric population is expected to propel the global home healthcare market's growth.
Market Restraints
However, patient safety concerns, changes in reimbursement policies, and limited insurance coverage are the restraining factors that are expected to hamper the global home healthcare market's growth.
Market Segmentation
The global home healthcare market is segmented into products such as testing, screening, and monitoring products (such as blood glucose monitors, blood pressure monitors, Holter and event monitors, pulse oximeters, and heart rate monitors), therapeutic products (such as IV equipment, insulin delivery devices, respiratory therapy equipment, and wound care products), and services (such as infusion therapy services, pregnancy care services, respiratory therapy services, rehabilitation therapy services, unskilled care services, and skilled nursing services). Further, the global home healthcare market is segmented into software such as hospice solutions, telehealth solutions, agency software, and clinical management systems.
Regional Analysis
The global home healthcare market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The home healthcare market saw significant investment from North America, which in 2021 accounted for the biggest market share. More than 40% of the market share is thought to come from the same area. More than 75% of the entire North American region was taken by the United States.
Market Key Players
Various key players are discussed in this report: Amedisys, Abbott Laboratories, Almost Family, Bayada Home Health Care, A&D Company, Roche, Mckesson, Linde Group, GE Healthcare, and Fresenius.
Market Taxonomy
By Product
• Testing, screening, and monitoring products
o Blood Glucose Monitors
o Blood Pressure Monitors
Holter and Event Monitors
Pulse oximeters and heart rate monitors
o Others
• Therapeutic Products
IV Equipment
o Insulin Delivery Devices
Respiratory Therapy Equipment
o Wound Care Products
o Others
By Services
• infusion therapy services
• Pregnancy Care Services
• Respiratory Therapy Services
• Rehabilitation Therapy Services
• Unskilled Care Services
• Skilled nursing services
By Software
• Hospice Solutions
• Telehealth Solution
• Agency Software
• Clinical Management Systems
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Global Home Healthcare Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Home Healthcare Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Home Healthcare Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Home Healthcare Market Share Analysis, By Product
5.3 Global Home Healthcare Market Size and Forecast, By Product
5.3.1 Testing, Screening, and Monitoring Products
5.3.1.1Blood Glucose Monitor
5.3.1.2Blood Pressure Monitor
5.3.1.3Holter and Event Monitor
5.3.4Pulse Oximeters & Heart Rate Monitors
5.3.1.4 Others
5.3.2Therapeutic Products
5.3.2.1IV Equipment
5.3.2.2Insulin Delivery Devices
5.3.2.3Respiratory Therapy Equipment
5.3.2.4Wound Care Products
5.3.2.5Others
6 Global Home Healthcare Market, By Services
6.1 Y-o-Y Growth Comparison, By Services
6.2 Global Home Healthcare Market Share Analysis, By Services
6.3 Global Home Healthcare Market Size and Forecast, By Services
6.3.1 Infusion Therapy Services
6.3.2 Pregnancy Care Services
6.3.3Rehabilitation Therapy Services
6.3.4Unskilled Care Services
6.3.5 Skilled Nursing Services
7 Global Home Healthcare Market, By Software
7.1 Y-o-Y Growth Comparison, By Software
7.2 Global Home Healthcare Market Share Analysis, By Software
7.3 Global Home Healthcare Market Size and Forecast, By Software
7.3.1 Hospice solutions
7.3.2Telehealth Solution
7.3.3Agency Software
7.3.4 Clinical Management Systems
8Global Home Healthcare Market, By Region
8.1 Global Home Healthcare Market Share Analysis, By Region
8.2 Global Home Healthcare Market Share Analysis, By Region
8.3 Global Home Healthcare Market Size and Forecast, By Region
9 North America Home Healthcare Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Home Healthcare Market Share Analysis, By Product
9.3 North America Home Healthcare Market Size and Forecast, By Services
9.4 North America Home Healthcare Market Size and Forecast, By Software
9.5 North America Home Healthcare Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Home Healthcare Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Home Healthcare Market Share Analysis, By Product
10.3 Europe Home Healthcare Market Size and Forecast, By Services
10.4 Europe Home Healthcare Market Size and Forecast, By Software
10.5 Europe Home Healthcare Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Home Healthcare Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Home Healthcare Market Share Analysis, By Product
11.3 Asia Pacific Home Healthcare Market Size and Forecast, By Services
11.4 Asia Pacific Home Healthcare Market Size and Forecast, By Software
11.5 Asia Pacific Home Healthcare Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Home Healthcare Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Home Healthcare Market Share Analysis, By Product
12.3 Latin America Home Healthcare Market Size and Forecast, By Services
12.4 Latin America Home Healthcare Market Size and Forecast, By Software
12.5 Latin America Home Healthcare Market Size and Forecast, Country
13Middle East Home Healthcare Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Home Healthcare Market Share Analysis, By Product
13.3 Middle East Home Healthcare Market Size and Forecast, By Services
13.4 Middle East Home Healthcare Market Size and Forecast, By Software
13.5 Middle East Home Healthcare Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Amedisys
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Abbott Laboratories
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Almost Family
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bayada Home Health Care
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 A & D Company
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Roche
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Mckesson
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Linde Group
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 GE Healthcare
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Fresenius.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 ABB
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies