Global Home Health Care Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Home Health Care Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

At its basic level, “family care” means its exact meaning – providing health care in the patient's home. Family health care can include a wide range of care provided by skilled medical professionals, including professional care, physical therapy, occupational therapy, and speech therapy.

Market Overview:

The latest research study on the global Home Health Care market finds that the global Home Health Care market reached a value of USD 362524.02 million in 2022. It’s expected that the market will achieve USD 498113.0 million by 2028, exhibiting a CAGR of 5.44% during the forecast period.

Opportunities

Rehabilitation services are the largest service sector in 2018, and rehabilitation services are expected to expand further due to increased elderly population and trauma-related surgical procedures. Infusion therapy is expected to expand rapidly during the forecast period due to increased demand for enteral and parenteral nutrition.
Due to the increased prevalence of diabetes and cardiovascular and cardiopulmonary diseases, it is estimated that there will be considerable growth during the forecast period. Increasing patient awareness, increasing the prevalence of chronic diseases requiring ongoing surveillance, and technological advances such as the Internet of Things (IoT) are expected to drive demand during the forecast period.

Region Overview:

From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:

Roche Holding AG is one of the major players operating in the Home Health Care market, holding a share of 1.08% in 2019.

Roche Diagnostics is committed to developing and delivering innovative, cost-effective, timely and reliable diagnostic systems and solutions from early detection, prevention to diagnosis and monitoring of diseases, helping medical staff improve patient outcomes and improve people's quality of life.

Reduce social medical costs.

Johnson & Johnson is an American multinational medical device, pharmaceutical and consumer packaged goods manufacturing company founded in 1886.

Segmentation Overview:

Among different product types, Services segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Therapeutic segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Home Health Care market covered in Chapter 3:

Roche Holding AG
Abbott Laboratories
McKesson Corporation
Bayada Home Health Care
Cardinal Health
Kindred Healthcare, LLC
Omron Corporation
Baxter
Encompass Health
LHC Group, Inc
Johnson & Johnson
Medtronic
Koninklijke Philips N.V.
Amedisys

In Chapter 4 and Chapter 14.2, on the basis of types, the Home Health Care market from 2018 to 2029 is primarily split into:

Equipment
Services

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Home Health Care market from 2018 to 2029 covers:

Testing, Screening, and Monitoring
Therapeutic
Mobility Care
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)