Global Home Healthcare Market Will Attain A Market Valuation Of Over USD 454.34 Billion by 2026

18-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Home Healthcare market in 2019 was approximately USD 281.10 Billion. The market is expected to grow at a CAGR of 7.10% and is anticipated to reach around USD 454.34 Billion by 2026.

Global Home Healthcare Market Size

Request Sample Request Customization Buy Now

The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers& agencies is anticipated to drive market growth. The Home Healthcare market is set to grow significantly owing to the rising demand for home health and personal healthcare aides in the developed and developing countries. The complete or partial in-home service coverage by the government further helps augment the market growth. The demand for improved patient outcomes at a low cost is likely to propel the Home Healthcare market growth.

Browse the full “Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/global-home-healthcare-market-by-product-diagnostics-and-791

Market Segment Dominance:

  • Therapeutic home healthcare devices category dominated the market

The therapeutics home healthcare devices hold the majority of the market share of the global Home Healthcare market during the forecast period. The increasing prevalence of chronic diseases such as Alzheimer’s disease, chronic or acute respiratory illnesses, end-stage renal disease (ESRD), and others have surged the demand for the latest device treatments. In addition to this, low-cost service charges are another factor propelling the demand for therapeutic home healthcare devices.

  • Rehabilitation services are expected to lead the market during the forecast period

Rehabilitation services held the majority of the market share and are expected to expand during the forecast period due to the surging demand for skilled nurses providing rehabilitation services.

Clinic management systems are projected to dominate the global Home Healthcare market

The clinic management systems are expected to lead in the software segment owing to its superior features such as providing all in one solution for the agencies. On the other hand, the agency management software highest growth due to its high utilization in billing, roaster scheduling, maintaining records, patient remote monitoring, and associated with the business.

Regional Dominance:

  • North America dominates the global Home Healthcare market

North America is expected to hold the largest market share owing to the high demand for home healthcare in the region. The shift toward in-home healthcare from the nursing home coupled with technological advancement will further augment the Home Healthcare market in North America. Additionally, the presence of advanced medical infrastructure, increasing patient awareness, high healthcare spending, and the enactment of the efficient regulatory framework are also fueling the market in the region.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 281.10 Billion

Projected Market Size in 2026

USD 454.34 Billion

CAGR Growth Rate

7.10% CAGR

Base Year

2019

Forecast Years

2020–2026

Key Market Players

Air Liquide, Amedisys, Koninklijke Philips N.V., Arcadia, Home Health Care Inc, Davita Inc, Diaverum, Home Healthcare Solutions Company LLC, National HealthCare Corporation and PORTEA MEDICAL, Apple Home Healthcare, Kindred Healthcare LLC, LHC Group Inc., OMRON Corporation, B. Braun Melsungen AG, Air Liquide, BPL Medical Technologies, CARDINAL HEALTH, and Sunrise Medical LLC, among other.

Key Segment

By Product, By Services, By End-User123, By Software, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

Market Players:

Some of the key market players of the global Home Healthcare market include Air Liquide, Amedisys, Koninklijke Philips N.V., Arcadia, Home Health Care, Inc, Davita Inc, Diaverum, Home Healthcare Solutions Company, LLC, National HealthCare Corporation and PORTEA MEDICAL, Apple Home Healthcare, Kindred Healthcare, LLC, LHC Group, Inc., OMRON Corporation, B. Braun Melsungen AG, Air Liquide, BPL Medical Technologies, CARDINAL HEALTH, and Sunrise Medical LLC, among other.

This report segments the global Home Healthcare market as follows:

Global Home Healthcare Market: Product Segmentation Analysis

  • Diagnostics and Monitoring Home Devices
  • Therapeutics Home Healthcare Devices
  • Home Mobility Assist Devices
  • Medical Supplies

Global Home Healthcare Market: Services Segmentation Analysis

  • Rehabilitation Services
  • Telehealth and Telemedicine Services
  • Infusion Therapy Services
  • Respiratory Therapy Services
  • Unskilled Home Healthcare Services

Global Home Healthcare Market: Software Segmentation Analysis

  • Clinic Management Systems
  • Agency Management Software
  • Hospice Solutions

Global Home Healthcare Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com

 

 

 


Latest Market Research Reports

report img

Healthcare Augmented and Virtual Reality Market Report 2024 – 2032

[212+ Pages Report] According to Facts Factors, the global healthcare augmented and virtual reality market size in terms of revenue was valued at around USD 3.21 billion in 2023 and is expected to reach a value of USD 15.07 billion by 2032, growing at a CAGR of roughly 18.7% from 2024 to 2032. The

Published Date : 12-Jun-2024 | | Category : Healthcare | Pages : 212 | Format : Read more

Inquiry for Buying Request Sample
report img

North America Frozen Bakery Products Market Report 2024 – 2032

[213+ Pages Report] According to Facts Factors, the North America frozen bakery products market size in terms of revenue was valued at around USD 11.15 billion in 2023 and is expected to reach a value of USD 17.74 billion by 2032, growing at a CAGR of roughly 5.3% from 2024 to 2032. The North Ameri

Published Date : 12-Jun-2024 | | Category : Food & Beverages | Pages : 213 | Format : Read more

Inquiry for Buying Request Sample
report img

Smart Eyewear Technology Market Report 2024 – 2032

[214+ Pages Report] According to Facts Factors, the global smart eyewear technology market size in terms of revenue was valued at around USD 13.21 billion in 2023 and is expected to reach a value of USD 64.12 billion by 2032, growing at a CAGR of roughly 19.1% from 2024 to 2032. The global smart ey

Published Date : 12-Jun-2024 | | Category : Technology & Media | Pages : 214 | Format : Read more

Inquiry for Buying Request Sample
report img

Atopic Eczema Treatment Market Report 2024 – 2032

[211+ Pages Report] According to Facts Factors, the global atopic eczema treatment market size in terms of revenue was valued at around USD 14.26 billion in 2023 and is expected to reach a value of USD 29.15 billion by 2032, growing at a CAGR of roughly 8.2% from 2024 to 2032. The global atopic ecz

Published Date : 11-Jun-2024 | | Category : Healthcare | Pages : 211 | Format : Read more

Inquiry for Buying Request Sample
report img

Lawn Mowers Market Report 2024 – 2032

[215+ Pages Report]According to Facts Factors, the global lawn mowers market size in terms of revenue was valued at around USD 32.85 billion in 2023 and is expected to reach a value of USD 56.12 billion by 2032, growing at a CAGR of roughly 6.13% from 2024 to 2032. The global lawn mowers market is

Published Date : 05-Jun-2024 | | Category : Heavy Industry | Pages : 215 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration