The report titled “Global Home Healthcare Market Outlook to 2025– By
Patient Profile (Elderly Care, Rehabilitation, Physiotherapy, Wound Care and
Others), By Age Group in Years (Mother and Infant, Below 25, 25-40, 40-65 and
65 & Above) and By Region (USA, Germany, UK, Canada, Japan, Australia,
China, India, South Africa, UAE and Others)” gives an in
depth, comprehensive study on the home healthcare market globally. The report
covers various aspects including overview and value chain of the market, global
home healthcare trends, market size by revenue along with segmentations for
four regions (America, Europe, Asia-Pacific and Middle East and Africa). Country
profile for 9 countries (USA, Canada, Germany, U.K., Australia, Japan, India,
South Africa and UAE), including regulatory scenario, overview, market size,
market trends, challenges, recent regulations, competitive scenario and future,
along with segmentation by age group, patient profile, service stream and
business model is present. A detailed snapshot on China home healthcare market
is also present. The report also covers challenges faced in the market, the
Porter’s Five Forces model, company profiles of major players, their cross
comparison tables on the basis of locations, number of patients/clients,
employee size and revenue. The report concludes with the future predictions of
the above mentioned sections along with analyst recommendations which include
strategies for existing players/new players to have a prominent position in
this market.
Global Home Healthcare Market Overview and
Size
The global home healthcare market
has been observed to be at the growth stage, with the competition being
moderately concentrated in the global market. However, in developing countries,
the market is fragmented owing to presence of various companies operating in
the market as a result of low barriers to entry. Across the globe,
hospitalization costs are surging and quality of nursing homes and residential
care facilities is reported to be deteriorating. This has paved the way for
quality in-home care. The industry is booming with major players expanding
their global footprint and investing in growth markets such as India, China and
Germany.
Global Home
Healthcare Market Segmentation
By Region (Americas, Europe, Asia-Pacific and Middle East and Africa):
The Americas region contributed
the highest revenue percentage share in the global market as the United States
of America is the leading market of home healthcare with one of the most
comprehensive regulations governing the providers and has presence of a well
organized market. Home Healthcare Market in European countries such as UK and
Germany is also well organized and regulated, complimented by the high
geriatric share of population in these countries. The APAC region has the highest
growth rate owing to vibrant investment opportunities. However, MEA region has
the lowest share of revenue as the geriatric population is comparatively lower
in the region and laws pertaining to home healthcare are not present in most
countries.
By Age Group (Mother and Infant, Below 25
Years, 25-40 Years, 40-65 Years and 65 Years & Above)
Across all countries, the demand
for home healthcare is highest amongst the elderly and middle aged population,
followed by mother and infant segment due to rising caesarean and premature
deliveries with complex care needs. Children are usually dependent on parents
for care and require home healthcare mostly in cases of mental illness or
chronic diseases. Government home care schemes are also targeted only at the elderly
population, except in a few countries, mainly in North America and Europe.
By Patient Profile (Elderly Care,
Rehabilitation, Physiotherapy, Wound Care and Others)
Elderly care is the largest segment for home
healthcare services, contributing more than 50% share in various countries. Between
2015 and 2050, the proportion of the world's population over 60 years will
nearly double from 12% to 22% and 80% of all older people will live in low- and
middle-income countries. Furthermore, as people age, they are more likely to
experience several conditions at the same time. Rehabilitation services
commonly include occupational and physical therapy, speech therapy, stroke rehabilitation,
post-op and post-trauma care. Apart from physiotherapy and wound care, other
services such as lab at home, pharma at home and Dementia/Alzheimer’s care have
also witnessed growth in developed and emerging markets.
Competitive Landscape in Global Home
Healthcare Market
Most of global home healthcare leading
players are based out of the U.S. and UK. However, , there are a lot of
consolidation activities taking place regionally specifically in the developing
markets. One of the recent such transaction was the acquisition of Almost
Family by LHC leading to a jump in its current year revenues by USD 800
million. Companies such as Healthcare at Home, Bayada, Right at Home and Home
Instead Senior Care are actively looking for expansion opportunities overseas,
including countries such as India, China and Germany. Kindred Healthcare, one
of the leading players in the US is set to separate its home health, hospice
and community care businesses resulting into a standalone company, owned 40% by
Humana, whereas Bayada converted its business into a not-profit one in order to
prevent any future takeover. It is anticipated that many players will start
investing heavily in tech based models/innovations in the coming years to stay
ahead from their competition.
Global Home Healthcare Future Market and
Projections
The growth of home healthcare market
in the past decade was largely limited to America and Europe. The next hotspot
for the industry is APAC region, with the highest projected CAGR for 2019-2025.
Growth in developed countries such as U.S.A. and Japan will be driven by
technology. Comprehensive regulations related to home healthcare still have a
long way to go in countries such as India, UAE and South Africa, whereas China
has already initiated some reforms for industry growth. Government focus in
other countries is largely on elderly care, and therefore other segments are highly
dependent on private financing and insurance.
Key Segments Covered:-
Global Home Healthcare Market
By Region
America
Europe
Asia Pacific
Middle East and Africa
By Countries
USA
Canada
Germany
UK
Australia
Japan
India
South Africa
UAE
Snapshot on China Home Healthcare
Market
By Age Group
Mother and Infant
Below 25
25-40
40-65
65 Above
By Patient Profile
Elderly Care
Rehabilitation
Physiotherapy
Wound Care
Others (COPD, Lab Tests, Injections,
Dementia Care etc.)
By Service Stream
Staff & Support Service
(Nurses, Doctors, Assistants and Support Software)
Rental Service
(Equipment/Lab/Pharma)
Key Target Audience:-
Home Healthcare Agencies
Healthcare Device Manufacturing
Companies
Healthcare Software Companies
Home Care Companies
Nursing/Elderly Care Companies
Government Health
Departments/Ministry of Health
Nursing Associations
Home Care Associations
Elderly Care
Associations/Companies
Healthcare Consulting Companies
Home Healthcare NGOs and
Non-Profit Organizations
Time Period Captured in the Report
Historical Period: 2014-2019
Forecast Period: 2020F-2025F
Companies Covered:-
Healthcare at Home
Kindred Healthcare
Home Instead Senior Care
LHC Group
Bayada
Amedisys
Almost Family
Encompass Health Corporation
Addus Homecare
Right at Home
Portea Medical (Healthvista India
Pvt. Ltd.)
Key Topics Covered:-
Global Home Healthcare Market
Overview
Global Home Healthcare Market
Size
Global Home Healthcare Market Trends
and Challenges
Global Home Healthcare Market Porter’s
Five Forces
Global Home Healthcare Market Ecosystem
and Industry Value Chain
Global Home Healthcare Market
Segmentation (By Region, Age Group and Patient Profile)
America Home Healthcare Market
Size and Segmentation (By Age Group and Patient Profile)
Europe Home Healthcare Market
Size and Segmentation (By Age Group and Patient Profile)
APAC Home Healthcare Market Size
and Segmentation (By Age Group, Patient Profile, Service Stream and Business
Model)
MEA Home Healthcare Market Size
and Segmentation (By Age Group, Patient Profile and Service Stream)
Country Profiles of USA, Canada,
Germany, UK, Australia, Japan, India, South Africa and UAE
Country Snapshot of China Home
Healthcare Market
Company Profiles of Major Players
in Global Home Healthcare Market
Cross Comparison of KPIs of Major
Players in Global Home Healthcare Market
Global Home Healthcare Future
Market Outlook and Segmentations
Analyst Recommendations
For More
Information, refer to below link:-
Related
Reports:-
India Home
Healthcare Market Outlook to 2023 - By Patient Profile (Elderly Care, Physiotherapy,
Stroke rehabilitation, Wound Care and Others); By Organized (Subscription and
Non Recurring Model) and Unorganized, By Major Cities
Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
+91-9015378249
