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Global Home Health Market By product, By services & By region-Forecast Analysis 2022-2028

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    Report

  • 55 Pages
  • November 2022
  • Region: Global
  • SkyQuest Technology Consulting
  • ID: 5703461
Global Home Health Market size was valued at USD 301.09 billion in 2021, and it is expected to reach a value of USD 514.68 billion by 2028, at a CAGR of 7.96% during the forecast period (2022-2028).

Increasing the daily dose of medication for older persons while they are at home has been made possible by the development of portable gadgets and simple-to-use items. This movement has occurred from healthcare settings to homecare settings. Due to this, traditional healthcare venues are providing more home healthcare services. Patients with remote data access via smart insulin pens can control their insulin levels at home without seeing a doctor, which lowers total costs.
Additionally, it enables doctors to keep an eye on patients' health from a distance, providing clear communication between patients and caregivers. Relationship-based home care targets care receivers who are independent and in good health while simultaneously addressing urgent needs.
Geriatrics and disabled people can benefit in countless ways from relationship-based home care.

Top-down and bottom-up approaches were used to estimate and validate the size of the global home health market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The Global Home Health market is segmented based on Product, Service, Component, Indication, and Region. Based on Product is categorized into Testing, Screening, & Monitoring Products, Mobility Care Products, and Therapeutic Products. Based on Service, it is categorized into Skilled Nursing Services, Rehabilitation Therapy Services, Hospice, and Palliative Care Services, Unskilled Care Services, Respiratory Therapy Services, Infusion Therapy Services, and Pregnancy Care Services. Based on Component, it is categorized into Equipment and Services. Based on Indication, it is categorized into Cardiovascular Disorders & Hypertension, Diabetes, Respiratory Diseases, Pregnancy, Mobility Disorders, Hearing Disorders, Cancer, Wound Care, and Other Indications. Based on region, it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

The aging population, increasing rates of target diseases like dementia and Alzheimer's, and orthopedic diseases are all predicted to drive market expansion. Governments and health organizations are working to reduce healthcare expenses since one of their top worries is the rising cost of treatments. An affordable alternative to an expensive hospital stay is home healthcare.

Restraint

In in-home care, there is a less face-to-face interaction between the nurse and the doctor, and the nurse is in charge of conducting assessments and disseminating results. The safety and results of the patient are impacted by this factor. Additionally, limiting industry expansion leads to a shortage of home health professionals.

Market Trends

To get a competitive edge, businesses in the global home health market should quickly create new products and seize revenue opportunities. In order to obtain a competitive edge, market participants are expanding their service offerings. The need for home health services is growing as cases of cardiovascular disease, diabetes, and respiratory problems rise. Industry participants in the global home health market should concentrate on providing patients with high-quality, low-cost care.
Since these services offer safer and more affordable alternatives to hospital services, there has been an increase in public awareness of home health services in recent years. Additionally, in response to the COVID-19 threat and the expansion of at-home services, service providers are increasing their product lines.
Frequently Asked Questions about the Global Home Health Market

What is the estimated value of the Global Home Health Market?

The Global Home Health Market was estimated to be valued at $301.09 Billion in 2021.

What is the growth rate of the Global Home Health Market?

The growth rate of the Global Home Health Market is 7.9%, with an estimated value of $514.68 Billion by 2028.

What is the forecasted size of the Global Home Health Market?

The Global Home Health Market is estimated to be worth $514.68 Billion by 2028.

Who are the key companies in the Global Home Health Market?

Key companies in the Global Home Health Market include McKesson Medical, Surgical Inc, F. Hoffmann, La Roche Ltd, Fresenius Medical Care, Medtronic PLC, 3M Healthcare, Baxter International Inc and Arkray, Inc.

Table of Contents

Executive Summary
Market overview
  • Exhibit: Executive Summary - Chart on Market Overview
  • Exhibit: Executive Summary - Data Table on Market Overview
  • Exhibit: Executive Summary - Chart on Global Home Health Characteristics
  • Exhibit: Executive Summary - Chart on Market by Geography
  • Exhibit: Executive Summary - Chart on Market Segmentation
  • Exhibit: Executive Summary - Chart on Incremental Growth
  • Exhibit: Executive Summary - Data Table on Incremental Growth
  • Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market AnalysisMarket overview
Market size
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • SWOT Analysis
KEY MARKET INSIGHTS
  • Technology Analysis
  • Exhibit: Data Table: Name of technology and details
  • Pricing Analysis
  • Exhibit: Data Table: Name of technology and pricing details
  • Supply Chain Analysis
  • Exhibit: Detailed Supply Chain Presentation
  • Value Chain Analysis
  • Exhibit: Detailed Value Chain Presentation
  • Ecosystem Of the Market
  • Exhibit: Parent Market Ecosystem Market Analysis
  • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
  • Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm
  • Trade Analysis
  • Exhibit: Data Table: Import and Export data details
  • Startup Analysis
  • Exhibit: Data Table: Emerging startups details
  • Raw Material Analysis
  • Exhibit: Data Table: Mapping of key raw materials
  • Innovation Matrix
  • Exhibit: Positioning Matrix: Mapping of new and existing technologies
  • Pipeline product Analysis
  • Exhibit: Data Table: Name of companies and pipeline products, regional mapping
  • Macroeconomic Indicators
COVID IMPACT
  • Introduction
  • Impact On Economy - scenario Assessment
  • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
  • Exhibit: Data Table on Global Home Health size and forecast 2022-2028 ($ million)
  • Impact Of COVID On Key Segments
  • Exhibit: Data Table on Segment Market size and forecast 2022-2028 ($ million)
  • COVID Strategies By Company
  • Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
  • Competitive rivalry
  • Exhibit: Competitive rivalry Impact of key factors, 2021
  • Threat of substitute products
  • Exhibit: Threat of Substitute Products Impact of key factors, 2021
  • Bargaining power of buyers
  • Exhibit: buyers bargaining power Impact of key factors, 2021
  • Threat of new entrants
  • Exhibit: Threat of new entrants Impact of key factors, 2021
  • Bargaining power of suppliers
  • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Special insights on future disruptions
  • Political Impact
  • Economic impact
  • Social Impact
  • Technical Impact
  • Environmental Impact
  • Legal Impact
Global Home Health by Product
  • Market segments
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Data table on Market share 2022-2028 (%)
  • Testing
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Screening
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Monitoring Products
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Mobility Care Products
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Therapeutic Products
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
Global Home Health by Service
  • Market segments
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Data table on Market share 2022-2028 (%)
  • Skilled Nursing Services
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rehabilitation Therapy Services
  • Market Estimates & Forecast, 2021-2028
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
Market Size by Region
  • Chart on Market share by geography 2022-2028 (%)
  • Data Table on Market share by geography 2022-2028(%)
  • North America
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • USA
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Canada
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Europe
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • Germany
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Spain
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • France
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • UK
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of Europe
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Asia Pacific
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • China
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • India
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Japan
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • South Korea
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of Asia Pacific
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Latin America
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • Brazil
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of South America
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Middle East & Africa (MEA)
  • Chart on Market share by country 2022-2028 (%)
  • Data Table on Market share by country 2022-2028(%)
  • GCC Countries
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • South Africa
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
  • Rest of MEA
  • Exhibit: Chart on Market share 2022-2028 (%)
  • Exhibit: Market size and forecast 2022-2028 ($ million)
KEY COMPANY PROFILES
  • Competitive Landscape
  • Total number of companies covered
  • Exhibit: companies covered in the report, 2021
  • Top companies market positioning
  • Exhibit: company positioning matrix, 2021
  • Top companies market Share
  • Exhibit: Pie chart analysis on company market share, 2021(%)
  • McKesson Medical-Surgical Inc
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • F. Hoffmann-La Roche Ltd
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Fresenius Medical Care
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Medtronic PLC
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • 3M Healthcare
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Baxter International Inc
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • B. Braun Melsungen AG
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Arkray, Inc
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Becton, Dickinson And Company
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Acelity L.P.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments

Companies Mentioned

A selection of companies mentioned in this report includes:

  • McKesson Medical-Surgical Inc
  • F. Hoffmann-La Roche Ltd
  • Fresenius Medical Care
  • Medtronic PLC
  • 3M Healthcare
  • Baxter International Inc
  • B. Braun Melsungen AG
  • Arkray, Inc
  • Becton, Dickinson And Company
  • Acelity L.P.