Report ID: SQMIG35F2005
Report ID:
SQMIG35F2005 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
67 |
Figures:
75
Due to rising awareness of pediatric home-based medical services, North America dominated the global pediatric home healthcare market and held the greatest revenue share of close to 35.0 %. Nearly 500,000 newborns and adolescents with exceptional medical requirements require various medical and therapeutic assistance in their homes, according to a report on children with complicated medical disorders in the U.S. Long-term hospital stays can considerably raise medical costs, whereas pediatric home-based therapies are more affordable and enhance patient care. As a result, a wide variety of suppliers in the U.S. are providing a range of services to satisfy this expanding need.
The pediatric home healthcare industry in Asia Pacific is anticipated to grow profitably over the next few years. Premature infants and newborns now have a higher chance of surviving thanks to improvements in medical technology in developing nations, but they also have a larger risk of having physical and neurological conditions that call for in-home pediatric care. As a result, BAYADA Home Health Care has established a number of pediatric facilities in South Korea, New Zealand, and India.
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REQUEST FREE CUSTOMIZATIONPediatric Home Healthcare Market size was valued at USD 286.35 billion in 2019 and is poised to grow from USD 314.8 billion in 2023 to USD 514.5 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).
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Report ID: SQMIG35F2005