Home Healthcare Market Global Key Players and Size to reach USD 340.2 Billion by 2027

The global home healthcare market is projected to reach USD 340.2 Billion by 2027 from USD 226.0 Billion in 2022, at a CAGR of 8.5% during the forecast period Growth in this market is mainly driven by the technological advancements in home healthcare products and services.

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"The therapeutic products segment accounted for the highest growth rate in the home healthcare market, by product, during the forecast period."
The home healthcare market is segmented into testing, screening, and monitoring products; therapeutic products; and mobility care products based on product. In 2021, the therapeutic products segment accounted for the highest growth rate in the home healthcare market. Market growth can largely be attributed to growing prevalence of chronic diseases.

"Infusion therapy services segment accounted for the highest CAGR."
Based on the services, the home healthcare market has been segmented into skilled nursing services, rehabilitation therapy services, hospice & palliative care services, unskilled care services, respiratory therapy services, infusion therapy services, and pregnancy care services. In 2021, the skilled nursing services segment accounted for the highest growth rate. This can be attributed to the rising population and urbanization.

"Asia Pacific: The fastest-growing region home healthcare market."
The global home healthcare market is segmented into North America, Europe, the Asia Pacific, and Rest of the World. The Asia Pacific region is projected to register the highest CAGR during the forecast period. Factors such as initiatives by government to promote home healthcare, and higher healthcare costs.

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The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
• By Designation: C-level - 27%, D-level - 18%, and Others - 55%
• By Region: North America - 51%, Europe - 21%, Asia Pacific - 18%, Latin America - 6%, and the Middle East & Africa - 4%

Lists of Companies Profiled in the Report:
• Fresenius SE & Co. KGaA (Germany)
• Linde, Plc (Ireland)
• F.Hoffmann-La Roche, Ltd. (Switzerland)
• A&D Company, Limited (Japan)
• Bayada Home Health Care (US)
• Invacare Corporation (US)
• Abbott (US)
• Amedisys (US)
• ResMed, Inc. (US)
• LHC Group, Inc. (US)
• Omron Corporation (Japan)
• Koninkluke Philips N.V. (Netherlands)
• GE Healthcare (US)
• Drive Devilbiss Healthcare (UK)
• Hamilton Medical (Switzerland)
• Sunrise Medical (Germany)
• Roma Medical (UK)
• Caremax Rehabilitation Equipment Co., Ltd. (China)
• Vitalograph (UK)
• Advita Pflegedienst Gmbh (Germany)
• Renafan Gmbh (Germany)
• ADMR (France)
• Apex Medical Corp. (Taiwan)
• Contec Medical Systems Co., Ltd. (China)
• Löwenstein Medical Technology Gmbh + Co., KG. (Germany)
• B. Braun Melsungen Ag (Germany)
• Baxter International, Inc. (US)
• Allied Healthcare Products, Inc. (US)
• Medline Industries, Inc. (US)
• Advin Health Care (India)

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Research Coverage:
This report provides a detailed picture of the global home healthcare market. It aims at estimating the size and future growth potential of the market across different segments, such as product, service, indication, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.

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This release was published on openPR.