Global Home Healthcare Market

Global Home Healthcare Market Insights
The Global Home Healthcare Market size was valued at USD 301.09 Billion in 2021, and it is expected to reach a value of USD 813.17 Billion by 2028, at a CAGR of 15.25% over the forecast period (2022 – 2028).
The patient-centric approach of home healthcare has several benefits such as enhanced patient results, long-term care, cost proficiency, end of superfluous hospitalization. Due to the rising trend to use home health care owing to its benefit, the Home Healthcare Market will show positive growth. In terms of services, the services of skilled nursing care had the largest revenue and growth share in 2021. The main factor contributing to the growth was the insurance coverage of such services and the possibility to have these services at home.
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Global Home Healthcare Market Regional Insights
North America dominated the home healthcare Home Healthcare Market with a share of more than 40% in 2021. In North America, the U.S. held the largest market share in 2021. Germany held the largest Home Healthcare Market share in Europe in 2021, followed by France. This is mainly due to increasing expenditure towards in-home healthcare in the country and the growing demand for the skilled nursing workforce for in-house care. The Asia Pacific is also expected to register positive growth in the upcoming years.

Global Home Healthcare Market Segmental Analysis
The Global Home Healthcare Market is segmented based on Product, Service, Indication and Region. Based on Product it is categorized into Dialysis Equipment, IV Equipment, Ventilators, Coagulation Monitors, Peak Flow Meters. Based on Service it is categorized into Infusion Therapy, Skilled Nursing, Hospice. Based on Indication it is categorized into Cancer, Wound Care, Diabetes. Based on Region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Top Players Company Profiles
• Fresenius SE & Co. KGaA (Germany)
• GE Healthcare (US)
• Linde plc (Ireland)
• F. Hoffmann-La Roche Ltd (Switzerland)
• A&D Company (Japan)
• BAYADA Home Health Care (US)
• Invacare Corporation (US)
• Abbott (US)
• Amedisys (US)
• ResMed (US)
Recent Developments
• In May 2022, Sakra World Hospital teamed up with MyHealthcare to launch a patient-centered digital health ecosystem. The platform aims to provide patients with access to all Sakra World Hospital, Sakra Premium Clinic, and Sakra Homecare services from the comfort of their own homes.
• In March 2022, LG Electronics teamed up with Amwell to create new digital health solutions aimed at improving patient access to care. LG will create a healthcare platform that will house services from Amwell’s digital health platform Converge, Converge-integrated services, and other third-party tools that will run on LG devices.