Global Home Healthcare Market Growth 2023-2029

Global Home Healthcare Market Growth 2023-2029

Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people to recover from an illness or injury and live independently for as long as possible. Home health care includes occupational & physical therapy, speech therapy, and skilled nursing. It may involve helping older adults with activities of daily living, like bathing, dressing, and eating. It can also include assistance with cooking, cleaning, other housekeeping, and monitoring one’s medication routine.

LPI (LP Information)' newest research report, the “Home Healthcare Industry Forecast” looks at past sales and reviews total world Home Healthcare sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Healthcare sales for 2023 through 2029. With Home Healthcare sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Healthcare industry.

This Insight Report provides a comprehensive analysis of the global Home Healthcare landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Healthcare portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Healthcare market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Healthcare and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Healthcare.

The global Home Healthcare market size is projected to grow from US$ 238200 million in 2022 to US$ 371030 million in 2029; it is expected to grow at a CAGR of 371030 from 2023 to 2029.

The global home healthcare market is mainly driven by increasing geriatric population, rising healthcare costs and technological advancements in healthcare devices. With increasing health awareness among people, increase in a number of people diagnosed with chronic diseases such as diabetes cardiac disorders and respiratory diseases, the demand for home healthcare market is expected to grow in the near future. The population of geriatric people is growing rapidly across the world. Geriatric population is more vulnerable to chronic diseases such as diabetes. This, in turn, is expected to fuel the growth of home healthcare market. However, changing reimbursement policies and limited insurance coverage may pose a challenge to the home healthcare market growth in the near future. Rapid job growth in home healthcare services is expected open alluring avenues for the market growth over the next few years.

This report presents a comprehensive overview, market shares, and growth opportunities of Home Healthcare market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Diagnostics and Monitoring Home Devices
Therapeutics Home Healthcare Devices
Medical Supplies
Home Mobility Assists Devices
Others

Segmentation by application
Medical Treatment
Preventive Healthcare

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
Johnson & Johnson
Omron Healthcare
A&D Medical
Apria Healthcare Group
Briggs Healthcare

Key Questions Addressed in this Report

What is the 10-year outlook for the global Home Healthcare market?

What factors are driving Home Healthcare market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Home Healthcare market opportunities vary by end market size?

How does Home Healthcare break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.