Global Home Health Market

Home Health Market Size, Share, Growth Analysis, By Service Type (Skilled Nursing Services, Rehabilitation Therapy Services), By Device Type (Therapeutic Devices, Diagnostic Devices), By Indication, By End-Use, By Region - Industry Forecast 2025-2032

Report ID: SQMIG35D2007 | Region: Global | Published Date: February, 2024
Pages: 155 | Tables: 64 | Figures: 75

Home Health Market Dynamics

  • The sub markets such as various services and products market relating to the home healthcare market are anaylsed apart from this the smart home healthcare market is also identified and studied. The smart home healthcare market is growing significantly mainly because of IOT and use of digitalization. Application of IoT in healthcare with integrated e-health and assisted living technology can play a crucial role in revolutionizing healthcare system for elderly thereby, accelerating smart home healthcare market growth. Based on services The diabetes segment is expected to grow at the highest CAGR.

Home Health market Scope of the Report

  • The study provides an analysis of the Global Home Health Market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value.
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Home Health Market size was valued at USD 277.11 Billion in 2023 and is poised to grow from USD 300.39 Billion in 2024 to USD 548.3 Billion by 2032, growing at a CAGR of 8.4% during the forecast period (2025-2032).

Home Health market Top Player's Company Profiles 'Brookdale Senior Living Inc. (USA) ', 'Home Health Services Ltd. (UK) ', 'Sunrise Carlisle, LP (USA) ', 'Extendicare Inc. (Canada) ', 'Amedisys Inc. (USA) ', 'LHC Group, Inc. (USA) ', 'BAYADA Home Health Care (USA) ', 'Encompass Health Corporation (USA) ', 'Kindred Healthcare, LLC (USA) ', 'Genesis Healthcare, Inc. (USA) ', 'AccentCare, Inc. (USA) ', 'Visiting Nurse Service of New York (USA) ', 'Interim HealthCare Inc. (USA) ', 'VITAS Healthcare (USA) ', 'Addus HomeCare Corporation (USA) ', 'Elara Caring (USA) ', 'Maxim Healthcare Services (USA) ', 'Comfort Keepers (USA) '

The sub markets such as various services and products market relating to the home healthcare market are anaylsed apart from this the smart home healthcare market is also identified and studied. The smart home healthcare market is growing significantly mainly because of IOT and use of digitalization. Application of IoT in healthcare with integrated e-health and assisted living technology can play a crucial role in revolutionizing healthcare system for elderly thereby, accelerating smart home healthcare market growth. Based on services The diabetes segment is expected to grow at the highest CAGR.

Technology will play an important role in the home health market. The rising use of digital devices to monitor health at home is one of the emerging trends. Home healthcare providers are now using big data, AI and automation to make consumer experience novel. With the help of big data it is possible to recognise patterns among the patients which will help in better treatment and diagnosis. Data analytics have been used to manage the flu epidemic and identify the strains to include in the flu vaccine. Software solutions and platforms are now being used for remote monitoring of health.

North America dominated the home healthcare market with a share of around 42% in 2019. In North America, the U.S. held the largest market share in 2019. Germany held the largest market share in Europe in 2019 followed by France. This is mainly due to increasing expenditure towards in-home healthcare in the country and growing demand for the skilled nursing workforce for in-house care. Asia Pacific is expected to register positive growth in the near future.

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Global Home Health Market

Report ID: SQMIG35D2007

$5,300
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