News

The global home healthcare market size is expected to be worth around US$ 705.1 billion by 2030, according to a new report by Vision Research Reports.

The global home healthcare market size was valued at US$ 350.0 billion in 2020 and is anticipated to grow at a CAGR of 11.8% during forecast period 2021 to 2030.

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Report Coverage

Report Scope	Details
Market Size	USD 705.1 billion by 2030
Growth Rate	CAGR of 11.8% From 2021 to 2030
Base Year	2020
Historic Data	2017 to 2020
Forecast Period	2021 to 2030
Segments Covered	Component
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	McKesson Medical-Surgical, Inc.; Fresenius Medical Care; Medline Industries, Inc.; Medtronic PLC; 3M Healthcare; Baxter International, Inc.; B. Braun Melsungen AG; Arkray, Inc.; F. Hoffmann-La Roche AG; Becton, Dickinson And Company; Acelity L.P.; Hollister, Inc.; ConvaTec Group PLC; Molnlycke Health Care; Brookdale Senior Living, Inc.; Home Health Services Ltd.; Sunrise Carlisle, LP; Extendicare, Inc.; Care U.K. Limited; Senior Care Centers of America; Genesis Healthcare Corp.; Sompo Holdings, Inc.; Kindred Healthcare, Inc.; and Home Instead Senior Care, Inc.

Growth Factors

 This growth can be attributed to cost-efficiency, improved patient outcomes, and convenience offered by home healthcare agencies. In addition, the rising geriatric population and the growing prevalence of chronic diseases, such as Alzheimer’s, dementia, and orthopedic conditions, are expected to drive market growth. The growing geriatric population and rising incidence of target diseases, such as dementia and Alzheimer’s, as well as orthopedic diseases are factors expected to fuel the market growth.  Increasing treatment cost is one of the prime concerns for governments and health organizations, and hence they are striving to curb healthcare costs.

Key Players

• Manufacturers
  • McKesson Medical-Surgical, Inc.
  • Fresenius Medical Care
  • Medline Industries, Inc.
  • Medtronic PLC
  • 3M Healthcare
  • Baxter International, Inc.
  • B. Braun Melsungen AG
  • Arkray, Inc.
  • F. Hoffmann-La Roche AG
  • Becton, Dickinson And Company
  • Acelity L.P.
  • Hollister, Inc.
  • ConvaTec Group PLC
  • Molnlycke Health Care
• Service Providers
  • Brookdale Senior Living, Inc.
  • Home Health Services Ltd.
  • Sunrise Carlisle, LP
  • Extendicare, Inc.
  • Care U.K. Limited
  • Senior Care Centers of America
  • Genesis Healthcare Corp.
  • Sompo Holdings, Inc.
  • Kindred Healthcare, Inc.
  • Home Instead Senior Care, Inc.

Market Segmentation

• Component
  • Equipment
    • Therapeutic
      • Home Respiratory Therapy Equipment
      • Insulin Delivery Devices
      • Home IV Pumps
      • Home Dialysis Equipment
      • Others
    • Diagnostic
      • Diabetic Care Unit
      • BP Monitors
      • Multi Para Diagnostic Monitors
      • Home Pregnancy & Fertility Kits
      • Apnea & Sleep Monitors
      • Holter Monitors
      • Heart Rate Monitors
      • Others
    • Mobility Assist
      • Wheelchair
      • Home Medical Furniture
      • Walking Assist Devices
  • Services
    • Skilled Home Healthcare Services
      • Physician Primary Care
      • Nursing Care
      • Physical/Occupational/Speech Therapy
      • Nutritional Support
      • Hospice & Palliative Care
      • Others
    • Unskilled Home Healthcare Services
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • The Netherlands
    • China
    • Japan
    • India
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Philippines
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Oman
    • UAE
    • Egypt

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