Global Home Healthcare Market Expected to Reach USD 816.4 Billion by 2033 - IMARC Group

December 05, 2024 | Healthcare

Global Home Healthcare Market Statistics, Outlook, and Regional Analysis 2025-2033

The global home healthcare market size was valued at USD 424.0 Billion in 2024, and it is expected to reach USD 816.4 Billion by 2033, exhibiting a growth rate (CAGR) of 7.48% from 2025 to 2033.

Home Healthcare Market

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As per the data published on the website of the IMARC Group, the global chronic disease management market size reached USD 6.5 Billion in 2024. People are suffering from chronic diseases such as diabetes, hypertension, cardiovascular diseases, arthritis and chronic obstructive pulmonary diseases, which are increasing the need for long term care management services that are mostly offered by home health care facilities. Several chronic diseases necessitate the regular checking of vital signs like blood glucose, blood pressure and heart rate, which can be strenuous. With the help of home health care, patients can remotely operate advanced monitoring tools, thus warding off the need for frequent trips to the hospitals, all the while their health is being closely supervised. It can get costly over the years to manage chronic diseases from a hospital setting. Home medical care is much cheaper and offers trained nurses and therapy related medical care at home, thus lowering health care costs.

According to the IMARC Group’s report, the global rehabilitation equipment market size reached USD 15.1 Billion in 2024. After joint replacement and cardiac surgeries or as simple as any other incapacity due to accidents, most patients need post-operative physical therapy and health professional observations. In such cases, home health care is making it less cumbersome to have therapy arrangements at the patient's home and avoid the dangers that come with hospitalization. There are illnesses like Parkinson's disease and multiple sclerosis that have a poor functional and quality of life prognosis warranting long-term rehabilitation. Other forms of rehabilitation include speech therapy, occupational therapy, and physical therapy that can be provided through home-based rehabilitation services which are effective in addressing the condition. Well now, with tele rehabilitation instruments, virtual therapy sessions, and devices that patients wear, the therapist can keep track of the patients’ progress from any location in any part of the world and give therapy care without interruptions. Also, these technologies allow patients to continue therapy sessions on their own while appropriately directed by a health care provider.

Global Home Healthcare Market Statistics, By Region

The market research report has also offered a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounts for the largest market share due to its advanced healthcare infrastructure, high medical expenditure, and growing demand for cost-effective, convenient care options.

North America Home Healthcare Market Trends:

The data published on the website of IMARC Group shows that the United States home healthcare market size reached USD 96.8 Billion in 2024. Because of the increasing prevalence of chronic diseases, rising aging population, and advancements in the medical equipment technologies, North America leads the home healthcare market. The United States occupies a top position in terms of demand in the region for home healthcare services driven by the increasing elderly population who require long-term care and support for conditions like diabetes and heart diseases. This demand is further supported by established home health care providers along with the high healthcare expenditure by the government, thus contributing to the increased market growth. The region's standing is further strengthened by government programs providing insurance coverage for home healthcare services.

Asia-Pacific Home Healthcare Market Trends:

The market for home healthcare is expanding quickly in the Asia-Pacific region due to rapid urbanization, growing healthcare awareness and the expanding elderly population. Major contributors include countries like China, India, and Japan, wherein Japan consist majority of the elderly population requiring long-term care and home-based healthcare services.

Europe Home Healthcare Market Trends:

As patients are opting medical care at the comfort of their homes rather than hospitals, it is driving the demand for home healthcare services in major contributing nations like Germany, France, and the United Kingdom. Several health reforms and policies in Europe favor the use of home healthcare services to make them more affordable and accessible. This is further fostered by the government-funded insurance programs, which encourage the development of home-based health care solutions.

Latin America Home Healthcare Market Trends:

The increasing elderly population, rising healthcare costs, and limited access to traditional healthcare facilities in certain regions is impelling the market growth in Latin America. The growing demand for home healthcare services is being fueled by Brazil and Mexico’s aging population and those suffering from chronic diseases, such as diabetes, hypertension, and respiratory conditions.

Middle East and Africa Home Healthcare Market Trends:

The Middle East and African region are focusing on healthcare accessibility, along with the rise in chronic diseases, is highly responsible for the expansion of home healthcare market. There is also a high requirement for home healthcare that can be attributed to the aging population, which is propelling the growth of the market.

Top Companies Leading in the Home Healthcare Industry

Some of the leading home healthcare market companies include A&D Company Limited, Addus HomeCare Corporation, Amedisys Inc., B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, Fresenius Medical Care AG & Co. KGaA, Invacare Corporation, Koninklijke Philips N.V., McKesson Corporation, Medline Industries LP, OMRON Healthcare Inc. (Omron Corporation), ResMed Inc., among many others. In September 2024, Baxter International Inc. launched the next generation Vest APX System for airway clearance. This uses high frequency chest wall oscillation (HFCWO) therapy to clear mucus from the lungs and help give a comfortable, user-friendly treatment for patients at home.

Global Home Healthcare Market Segmentation Coverage

  • On the basis of the product, the market has been categorized into therapeutic products, testing, screening, and monitoring products, and mobility care products, wherein therapeutic products represent the leading segment. This domain contributes significantly to the therapeutic products due to the need for long distributions because of chronic illnesses like diabetes, cardiovascular diseases, and respiratory disorders that are increasing. Therapeutic devices fall within medication management systems, infusion pumps, respiratory equipment directly used to make treatment available at the home, making it economical and relieving for other types of hospital management treatments.
  • Based on the service, the market has been classified into skilled nursing, rehabilitation therapy, hospice and palliative care, unskilled care, respiratory therapy, infusion therapy, and pregnancy care, amongst which skilled nursing dominates the market. Nursing services are leading the market share in the home healthcare field because healthcare professionals provide skilled services for the management of complicated medical illnesses and quality of care in home health care. Services like wound care, medication administration, post-surgical convalescence, and monitoring of chronic conditions requires expertise and a degree in nursing, for instance, a registered nurse or a licensed practical nurse.
  • On the basis of the indication, the market has been divided into cancer, respiratory diseases, movement disorders, cardiovascular diseases and hypertension, pregnancy, wound care, diabetes, hearing disorders, and others. Among these, diabetes accounts for the majority of the market share. Unlike any other condition, diabetes requires home healthcare the most owing to its high prevalence among individuals and the lifelong management. Home-based healthcare for diabetes comprises regular blood glucose monitoring, administration of insulin, dietary management, and education in lifestyle change, which can all be effectively provided at home, assisted by healthcare providers.

 

Report Features Details
Market Size in 2024 USD 424.0 Billion
Market Forecast in 2033 USD 816.4 Billion
Market Growth Rate 2025-2033 7.48%
Units Billion USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Product
  • Service
  • Indication
  • Region
Products Covered Therapeutic Products, Testing, Screening, and Monitoring Products, Mobility Care Products
Services Covered Skilled Nursing, Rehabilitation Therapy, Hospice & Palliative Care, Unskilled Care, Respiratory Therapy, Infusion Therapy, Pregnancy Care
Indications Covered Cancer, Respiratory Diseases, Movement Disorders, Cardiovascular Diseases & Hypertension, Pregnancy, Wound Care, Diabetes, Hearing Disorders, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A&D Company Limited, Addus HomeCare Corporation, Amedisys Inc., B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, Fresenius Medical Care AG & Co. KGaA, Invacare Corporation, Koninklijke Philips N.V., McKesson Corporation, Medline Industries LP, OMRON Healthcare Inc. (Omron Corporation), ResMed Inc. etc.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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