Home Healthcare Market to be dominated by 9.12% CAGR through 2030F
Rising disease prevalence along
with increasing geriatric population is a major factor driving the growth of
Global Home Healthcare Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Home Healthcare
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”, Global Home Healthcare Market was valued at USD 423.32 billion in 2024 and is expected to reach USD 709.03 Billion by 2030 with a CAGR of 9.12% during the forecast period. This can be ascribed to the
rising demand for personal healthcare among the population and the increasing
cases of chronic diseases among the population across the globe. The Home
healthcare industry is significantly growing with an increasing development and
establishment of remote -mobile patient monitoring devices and the rising
demand for telehealth fostering the market growth in the forecast period.
Besides, sudden outbreak and spread of pandemic COVID-19 has increased the
demand for home healthcare services. As the COVID-19 pandemic significantly
impacted the healthcare facilities in a negative manner such as shortage of
hospital beds, ventilators, oxygen concentrators, thus, causing the patients to
occupy and avail the healthcare facility requirement at their personal space or
homes thereby creating a huge opportunity for the Global Home healthcare market
growth. Besides, Shortage of skilled professionals for performing various home
healthcare techniques is supposed to hinder the growth of the Global Home
healthcare market in the forecast period.
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Global Home Healthcare Market can be segmented by
Product Type, by Services Type, and by region.
Based on services type, Nursing services are emerging as the fastest-growing segment in the home healthcare market, driven by their indispensable role in delivering comprehensive medical support within the comfort of patients’ homes. From post-surgical recovery to chronic illness management and palliative care, skilled nurses provide essential services such as medication administration, wound care, vital sign monitoring, and the execution of complex treatment plans. As healthcare systems worldwide shift focus toward reducing hospital readmissions and minimizing in-patient care costs, home-based nursing has become a highly efficient and patient-preferred alternative. This trend is further accelerated by the rising elderly population, many of whom opt to age in place while receiving professional, personalized care. Unlike specialized segments such as rehabilitation or pregnancy care, nursing services meet a wide spectrum of medical needs across all age groups—making them more universally required. Their adaptability, critical involvement in long-term and transitional care, and growing role in maintaining continuity between hospital and home environments are fueling rapid expansion. With the demand for quality in-home care surging, especially among aging and chronically ill populations, nursing services continue to gain momentum as the fastest-growing and most vital component of the home healthcare landscape...
Based on region, Asia Pacific is the fastest-growing region in the home
healthcare market due to a combination of demographic, economic, and healthcare
factors. The region is experiencing a rapid increase in its aging population,
particularly in countries like China, Japan, and South Korea, leading to higher
demand for elderly care and chronic disease management at home. Rising
healthcare costs and growing patient preference for affordable, convenient care
are prompting a shift from hospital-based to home-based services. Governments
and healthcare systems in the region are actively promoting home healthcare to
reduce hospital burden and improve access, especially in rural and underserved
areas. The expansion of health insurance coverage and supportive policies in
several countries is further driving adoption. Increased investment in digital
health technologies, such as telemedicine and remote monitoring, is making home
healthcare more accessible and scalable. Together, these factors position Asia
Pacific as the fastest-growing market for home healthcare services.
Major companies operating in Global Home Healthcare Market are:
·
3M Company
·
Bayer AG
·
Abbott
Laboratories
·
Cardinal
Health, Inc.
·
GE Healthcare
·
Johnson &
Johnson Services, Inc.
·
Gentiva Health
Services, Inc.
·
Invacare
Corporation
·
F. Hoffmann-La
Roche Ltd.
·
Siemens
Healthineers AG
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“The home healthcare market is experiencing strong growth due to rising demand
for cost-effective, patient-centric care. An aging global population,
increasing prevalence of chronic conditions, and a preference for recovery in
familiar home environments are key drivers. Technological advancements such as
telehealth, remote monitoring, and mobile health apps enable efficient and
timely care outside hospital settings. Healthcare systems and insurers are also
promoting home-based care to reduce hospital readmissions and overall costs.
Growing awareness, improved access to home healthcare services, and supportive
government policies further contribute to the market’s expansion, making it a
critical component of modern healthcare delivery”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research based global management
consulting firm.
“Home Healthcare Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Continence Care, Wound Care, Ostomy Care, Clinical Nutrition, Respiratory Care, Equipment & Housekeeping Supplies, Others), By Services Type (Rehabilitation Services, Pregnancy Home Care Services, Nursing Services, Others), By Region, Competition, 2020-2030F”, has evaluated the future
growth potential of Global Home Healthcare Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Home Healthcare Market.
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