Skip to main content

Home Healthcare Services Market Trends and Insight Industry Report By 2023

Market Analysis

The global home healthcare market is predicted to touch USD 4,14,681.2 million at an 8.1% CAGR over the forecast period (2017-2023), states the latest Market Research Future (MRFR) report. Home healthcare includes various healthcare services which can be offered at home during an injury or for an illness. Usually, it is more convenient and less expensive yet equally effective to the care provided in a skilled nursing facility or a hospital. The various services under home healthcare include skilled nursing, occupational therapy, speech therapy, and physical therapy. The digitization of data has made it much simpler for patients in contacting clinicians and physicians and reaping the benefits of accurate diagnosis right from the comfort of the home.

Free Sample Copy @

Various factors are propelling the home healthcare market growth. Some of these factors, according to the Market Research Future report, include government initiatives for promoting home healthcare, technological advancements, burgeoning demand for cost-effective healthcare delivery systems owing to rising healthcare cost, rising incidences of chronic diseases, and growing geriatric population.

Market Segmentation 

The MRFR report offers a wide segmental analysis of the home healthcare market on the basis of software, service, and product. 

By product, the global home healthcare market is segmented into therapeutic products and testing, screening & monitoring products. The testing, screening & monitoring products segment is further segmented into holter and event monitors, cholesterol monitoring devices, pulse oximeters, sleep apnea monitors, blood pressure monitors, and blood glucose monitors. The therapeutic products segment is further segmented into dialysis equipment, wound care products, IV equipment, insulin delivery devices, and respiratory therapy equipment. Of these, the testing, screening & monitoring products segment is predicted to have the largest share in the market. It is predicted to grow at a 8.5% CAGR. The key factor attributing market growth in the region include a rising need for home healthcare solutions. 

By service, the home healthcare market is segmented into infusion therapy services, pregnancy care services, respiratory therapy services, rehabilitation services, unskilled care services, and skilled nursing services. Of these, the skilled nursing services segment will dominate the market over the forecast period. It is predicted to touch USD 131466.3 million by 2023.

Based on software, the home healthcare market is segmented into hospice solutions, telehealth solutions, agency software, agency, and clinical management systems. Of these, the clinical management systems segment will lead the market over the forecast period. It is predicted to grow at an 8.3 % CAGR.

Regional Analysis 

By region, the home healthcare market report covers the latest trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will lead the market over the forecast period. This is due to rising government expenditure and rising prevalence of chronic diseases. 

The home healthcare market in Europe is predicted to have the second-largest share in the market over the forecast period. This is due to the support from government and private sectors for R&D activities coupled with well-developed technologies.

The home healthcare market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to the massive patient population, growing geriatric population, and availability of skilled labor force.

The home healthcare market in the MEA will have the least share over the forecast period. This is owing to low economic conditions, especially in Africa.

Key Players

Key players profiled in the home healthcare market report include Kinnser Software (US), 3M (US), A&D Company (US), McKesson Corporation (US), B. Braun Melsungen AG (Germany), McKesson Corporation (US), F. Hoffmann-La Roche AG (Switzerland), Fresenius SE & Co KGaA (Germany), Koninklijke Philips N.V. (Netherlands),LG Electronics (South Korea),  Medtronic Plc (Ireland), Apple (US), Omron Corporation (Japan), Becton Dickinson Company (US), GE Healthcare (US), and Abbott Laboratories (US).

 August 2019: Marken has launched clinical home healthcare solutions. This expanded service will comprise of home care/nursing services, central pharmacy, biologic sample collection, direct-to-patient delivery, and clinical drug storage.

Read More @

Hottest Trending Reports

Chronic Kidney Disease Market Research Report - Forecast to 2023

Inhalation Anesthesia Market Research Report - Global Forecast till 2025

Artificial Neural Network Market Research Report – Forecast to 2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312


Popular posts from this blog

   5 Tips for Guiding Your Child Through an Escape Room   The most distinguishable characteristics of children are how immensely full of energy and curiosity they are! Compared to adults, they are far more willing to start thinking out of the box and be creative. These factors seemingly make them one of the best players to enjoy an escape room experience.    Taking your child to one of the escape rooms in Prescott this weekend can be a memorable experience for them. Visiting the escapades also undeniably offers you one of the best ways to spend quality time with your family. Furthermore, it also allows your child to test their creativity and problem-solving skills and even enhance their motor skills.    Now, while you take your kid to an escape room game anytime soon, here are 5 essential tips that you need to keep in your mind: 1.    Do your homework! It is always better to prepare yourself before entering the escape room game. So, instead of randomly choosing and

What Is Digital Marketing?

 What Is Digital Marketing? Digital marketing is that the use of the social media, Internet, search engines, mobile devices, and other channels to succeed in consumers. Some consider digital marketing to be entirely new which needs a replacement way of understanding that how customers behave and new ways of approaching the purchasers compared to the normal marketing. Digital Marketing Channels 1. Website Marketing 2. Pay-Per-Click (PPC) Advertising 3.Content Marketing 4.Email Marketing 5.Social Media Marketing 6.Affiliate Marketing 7.Video Marketing 8.SMS Messaging Digital Marketing As A course and Career The Digital Marketing course will transform you into a complete digital marketer with expertise in the top eight digital marketing domains — search engine optimization, social media, pay-per-click, conversion optimization, digital analytics, content, mobile, and email marketing. Fast-track your career in digital marketing today with practical training you can appl

What is the ideal profile for a digital marketing consultant? Find out here

Running a business is not a simple task, and it is usually not a task for just one person. In general, a good entrepreneur needs to have notions and financial management, people management, marketing, and sales management, among other basic knowledge. For this reason, as the company develops, it becomes essential to hire specialist professionals in each specific area. However, even these managers do not always master all the technologies and knowledge of their areas of expertise, as is the case with digital marketing, and this is where consultants enter. According to the best digital marketing company in Udaipur, a company seeks the assistance of a digital marketing consultancy in the following situations: 1. Carrying out a diagnosis of the current situation of a certain sector or project of the company. 2. Lack of time for company employees to develop a specific project. 3. To solve a specific problem that requires the knowledge of a specialist in the area to minimize the possibility