The global pediatric home healthcare market accounted for USD 38.41 billion in 2023 and is expected to reach at USD 88.38 billion by 2034 with a CAGR of 7.87% during the forecast period 2024-2034. Increasing prevalence of chronic diseases among children, surge in the number of children with special healthcare needs (CSHCN), favorable insurance coverage, growing recognition of home healthcare for children, rising advancements in medical intervention technologies, increase in preterm births, heightened activity in mergers & acquisitions within the market, and surge in government investment in pediatric healthcare are some of the key factors boosting the market growth.
Pediatric home healthcare services can improve quality of life and substantially reduce medical costs. Advances in medical treatments have extended the lifespan of premature babies, increasing the demand for home-based pediatric care services. Premature infants, especially those weighing less than 1 pound at birth, often have multiple chronic conditions, necessitating early and ongoing care. Hence, surge in government investment in pediatric healthcare is predicted to boost the market growth during the forecast period. For instance, in July 2023, Ontario is allocating an extra $330 million annually to pediatric healthcare services. This funding aims to provide children and youth with improved access to convenient and high-quality care in their local communities, including hospitals, clinics, and community-based healthcare facilities throughout the province.
By service, rehabilitation therapy services was the highest revenue-grossing segment in the global pediatric home healthcare market in 2023. Premature infants often face a high risk of encountering neurological & muscular difficulties. Numerous service providers provide various rehabilitation therapies, such as speech, physical, and occupational therapies, for children diagnosed with conditions such as cerebral palsy, autism, muscular atrophy, and ADD/ADHD. Additionally, skilled nursing services is predicted to grow at the fastest CAGR during the forecast period owing to the growing population of children with complex medical conditions such as epilepsy, asthma, cerebral palsy, & cystic fibrosis and increasing acquisitions by major market players. For instance, in July 2022, Pediatric Home Services (PHS) has acquired Craig HomeCare, a pediatric nursing services provider, and Cherub Medical Supply, a supplier of medical equipment. Through this acquisition, both entities will work in partnership with PHS to enhance the effectiveness of care for children with complex medical needs, with the goal of optimizing their treatment and assistance.
By application, physical disabilities was the highest revenue-grossing segment in the global pediatric home healthcare market in 2023 owing to the increase in the prevalence of children experiencing various physical deformities, higher demand for pediatric home healthcare services to offer essential rehabilitation therapies such as physical therapy, speech therapy, & occupational therapy to children, and rise in mergers & acquisitions among market participants. For instance, in November 2023, Minnesota-based Pediatric Home Respiratory Services, LLC (PHS), a multi-state provider offering pediatric respiratory equipment, enteral nutrition, infusion nursing, pharmacy services, home care, and private duty nursing, has recently acquired Apple Homecare Medical Supply, Inc., one of the largest pediatric respiratory and enteral supply providers in Texas. Additionally, cancer is predicted to grow at the fastest CAGR during the forecast period. The pediatric home healthcare model provides various clinical advantages in cancer diagnosis, which is becoming more prevalent. Children undergoing cancer treatment often have weakened immune systems as a result of chemotherapy or other therapies. Home healthcare reduces the risk of the child being exposed to infections and pathogens commonly found in healthcare facilities.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing recognition of pediatric home-based medical services, expanded coverage for children & youth with special healthcare requirements, and increasing number of mergers & acquisitions among market participants. For instance, in April 2022, Pediatric Home Healthcare, LLC has acquired Vila Children Therapy, a provider specializing in pediatric physical, speech, and occupational therapy services. This acquisition is intended to enhance the company's presence in both domestic and global markets. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increase in survival rates among neonatal babies & premature infants, heightened risk of neurological & physical disorders among childrens, ongoing advancements in technology, favorable government initiatives, and increased collaboration among market participants. For instance, in February 2022, BAYADA Home Health Care, a prominent nonprofit provider of home health services, has introduced a new suite of digital solutions aimed at facilitating care transitions and coordination for hospitals and health plan partners. Dina, a digital healthcare company, has been chosen as the technology platform to support these innovative services.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Pediatric home healthcare services can improve quality of life and substantially reduce medical costs. Advances in medical treatments have extended the lifespan of premature babies, increasing the demand for home-based pediatric care services. Premature infants, especially those weighing less than 1 pound at birth, often have multiple chronic conditions, necessitating early and ongoing care. Hence, surge in government investment in pediatric healthcare is predicted to boost the market growth during the forecast period. For instance, in July 2023, Ontario is allocating an extra $330 million annually to pediatric healthcare services. This funding aims to provide children and youth with improved access to convenient and high-quality care in their local communities, including hospitals, clinics, and community-based healthcare facilities throughout the province.
By service, rehabilitation therapy services was the highest revenue-grossing segment in the global pediatric home healthcare market in 2023. Premature infants often face a high risk of encountering neurological & muscular difficulties. Numerous service providers provide various rehabilitation therapies, such as speech, physical, and occupational therapies, for children diagnosed with conditions such as cerebral palsy, autism, muscular atrophy, and ADD/ADHD. Additionally, skilled nursing services is predicted to grow at the fastest CAGR during the forecast period owing to the growing population of children with complex medical conditions such as epilepsy, asthma, cerebral palsy, & cystic fibrosis and increasing acquisitions by major market players. For instance, in July 2022, Pediatric Home Services (PHS) has acquired Craig HomeCare, a pediatric nursing services provider, and Cherub Medical Supply, a supplier of medical equipment. Through this acquisition, both entities will work in partnership with PHS to enhance the effectiveness of care for children with complex medical needs, with the goal of optimizing their treatment and assistance.
By application, physical disabilities was the highest revenue-grossing segment in the global pediatric home healthcare market in 2023 owing to the increase in the prevalence of children experiencing various physical deformities, higher demand for pediatric home healthcare services to offer essential rehabilitation therapies such as physical therapy, speech therapy, & occupational therapy to children, and rise in mergers & acquisitions among market participants. For instance, in November 2023, Minnesota-based Pediatric Home Respiratory Services, LLC (PHS), a multi-state provider offering pediatric respiratory equipment, enteral nutrition, infusion nursing, pharmacy services, home care, and private duty nursing, has recently acquired Apple Homecare Medical Supply, Inc., one of the largest pediatric respiratory and enteral supply providers in Texas. Additionally, cancer is predicted to grow at the fastest CAGR during the forecast period. The pediatric home healthcare model provides various clinical advantages in cancer diagnosis, which is becoming more prevalent. Children undergoing cancer treatment often have weakened immune systems as a result of chemotherapy or other therapies. Home healthcare reduces the risk of the child being exposed to infections and pathogens commonly found in healthcare facilities.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing recognition of pediatric home-based medical services, expanded coverage for children & youth with special healthcare requirements, and increasing number of mergers & acquisitions among market participants. For instance, in April 2022, Pediatric Home Healthcare, LLC has acquired Vila Children Therapy, a provider specializing in pediatric physical, speech, and occupational therapy services. This acquisition is intended to enhance the company's presence in both domestic and global markets. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increase in survival rates among neonatal babies & premature infants, heightened risk of neurological & physical disorders among childrens, ongoing advancements in technology, favorable government initiatives, and increased collaboration among market participants. For instance, in February 2022, BAYADA Home Health Care, a prominent nonprofit provider of home health services, has introduced a new suite of digital solutions aimed at facilitating care transitions and coordination for hospitals and health plan partners. Dina, a digital healthcare company, has been chosen as the technology platform to support these innovative services.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Service and Application
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Pediatric Home Healthcare Market Report 2023 - 2034
Pediatric Home Healthcare Market Analysis & Forecast by Service 2023 - 2034 (Revenue USD Bn)
- Personal Care Assistance
- Skilled Nursing Services
- Rehabilitation Therapy Services
Pediatric Home Healthcare Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Respiratory Diseases
- Cancer
- Physical Disabilities
- Cardiovascular Disease
- Others
Pediatric Home Healthcare Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Pediatric Home Healthcare Market: Service Estimates & Trend Analysis
8. Pediatric Home Healthcare Market: Application Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Pediatric Home Healthcare Market
11. Europe Global Pediatric Home Healthcare Market
12. Asia Pacific Global Pediatric Home Healthcare Market
13. Latin America Global Pediatric Home Healthcare Market
14. MEA Global Pediatric Home Healthcare Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- BrightStar Care
- Angels of Care Pediatric Home Health
- Pediatric Home Healthcare LLC
- Interim HealthCare Inc.
- BAYADA Home Health Care
- eKidzCare
- EnViva Paediatric Care
- Aveanna Healthcare LLC.
- New England Home Health Services
- Tendercare Home Health
