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

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

Pediatric home healthcare service involves the delivery of medical care in the home to children with serious and often complex medical conditions or with developmental disabilities. It is defined as offering therapy services to children and families in a comfortable convenient setting such as their home. It allows the child to get the help they need in surroundings they are used to; in addition, family is often present for support and the therapist can observe the child in his everyday life. At the same time, home health care therapists coordinate their visits with what works for the family’s time table.

Market Overview:

The latest research study on the global Pediatric Home Healthcare Services market finds that the global Pediatric Home Healthcare Services market reached a value of USD 38291.14 million in 2022. It’s expected that the market will achieve USD 57015.02 million by 2028, exhibiting a CAGR of 6.86% during the forecast period.

Pandemic restricts pediatric home healthcare services

Since the outbreak of the global new crown epidemic in 2020, countries have implemented travel restrictions and quarantine policies, and pediatric home medical services have been restricted. The pre-COVID-19 shortage of home health care providers was exacerbated by the pandemic, placing a heavy burden on families who depended on home health services or who chose to keep home health providers out of their homes for safety. The main reason for the decrease in the supply of pediatric family medical services are the concerns from families or care providers about bringing or getting Covid-19 in the home, the impact of vaccine regulations, home aides needing to care for their own children due to school closures, or providers being forced to remain in quarantine because they were diagnosed positive to Covid-19. At the same time, some families believe that home health care minimizes the spread of COVID-19 by limiting the spread of COVID-19, and demand for pediatric home health care services has risen, leading to a shortage of related services.

Home health care services ease the burden on parents.

Family members assume significant responsibility and are often the primary providers of home health services to children. Many family members who care for their children at home express significant physical, emotional, social, and financial burdens. Many families spend a lot of time each week on home health care for their children, or even work less or leave their jobs to care for their children. These consequences can significantly impair family functioning and quality of life. Parents reported poorer physical health and cognitive function when their medically complex, technology-dependent children received care in the home compared with medical day care or long-term care facility settings. Maintaining all care in the home setting required tremendous emotional, financial, and time investment by the parents that compromised their social lives and employment. Home health care services relieve parental stress, allowing parents to spend more time working and increasing their income.

The quality of paediatric family health care service is not up to standard

Pediatric home care involves the delivery of medical care in the home to children with serious and often complex medical conditions or with developmental disabilities. Some of these children depend on technological assistance for survival. The number of children who can benefit from home health services is steadily increasing as medical providers and parents express concerns about significant gaps in existing services. For example, Children with Medical Complexity (CMC) tend to suffer from a variety of medical conditions, most commonly chronic lung disease, epilepsy and heart condition , which require specialized medical care. If the quality of home health care services is not up to standard, they may experience life-threatening disease and other medical complications, risk of serious injury, more frequent readmission to hospitals with attendant accrual of higher health care costs, and excessive family burden. Children remain hospitalized or are placed in residential facilities at a much higher cost because pediatric home health care services are inadequate to allow home discharge. Certain medical complications are more likely when children are in the hospital or long-term inpatient facilities rather than in an appropriately supervised home care setting.

Region Overview:

Geographically, North America held the largest market share – 45.55% in 2021.

Company Overview:

Aveanna Healthcare is one of the major players operating in the Pediatric Home Healthcare Services market, holding a share of 1.79% in 2022.

Aveanna Healthcare

Aveanna’s leadership team has worked for more than 40 years building other great homecare companies on a national level. Now that experience is building the homecare company of the future. Aveanna Healthcare cares for patients and families in 33 states through rapidly growing network of more than 300 branch offices, offering a variety of care and services to more than 40,000 children and adults.
Bayada Home Health Care
BAYADA was founded on the principle that health care gets better when clients get better care at home—the place they most want to be. From the nurse, therapist, or aide in the home, to thousands of committed employees supporting their work, delivering that care is their highest priority and greatest joy.

Segmentation Overview:

By type, Temporary Care segment accounted for the largest share of market in 2022.

Temporary Care

Temporary Care provides planned or emergency respite care for caregivers of children. Temporary Care Programs provide families of children with developmental delays or behavioral problems with planned short-term and time-limited care to support and maintain the primary caregiving relationship.

Day Care

Provides living care, medical, nursing and health services to children during the day, on a day-by-day basis.

Long-term Care

Long-term care refers to the care provided to children with chronic illness or a disability that continues over an extended period of time.

Application Overview:

The market's largest segment by application is the segment Chronic Disease, with a market share of 23.68% in 2022.

Key Companies in the global Pediatric Home Healthcare Services market covered in Chapter 3:

Children's Home Healthcare
Preferred Home Health Care & Nursing Services
KidsCare Home Health
Bayada Home Health Care
BrightStar Care
Premier Home Health Care Services, Inc.
Aveanna Healthcare
Interim HealthCare
Angels of Care Pediatric Home Health
Tendercare Home Health
VIVA Pediatrics
Harmony Home Health & Hospice
Pediatric Home Healthcare
MGA Homecare
At Home Healthcare
Extendicare Inc.

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

Temporary Care
Day Care
Long-term Care

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

Premature Babies
Cardiovascular Disease
Complex Intravenous Therapy
Pediatric Oncology
Chronic Disease
Infectious Disease
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)