A person who gives care to people who need help taking care of themselves. Examples include children, the elderly, or patients who have chronic illnesses or are disabled. Caregivers may be health professionals, family members, friends, social workers, or members of the clergy. They may give care at home or in a hospital or other health care setting. A caregiver gives care to someone who needs help taking care of themselves. The person who needs help may be a child, an adult, or an older adult. They may need help because of an injury, chronic illness, or disability. Some caregivers are informal caregivers. They are usually family members or friends. Other caregivers are paid professionals. Caregivers may give care at home or in a hospital or other health care setting. The dependency on social media tools is likely to change the fibric of this market in coming years. Every day more and more healthcare professionals are utilizing diverse social patforms to share relevant information and compare improve quality of services being offered, and also train in medical personnel.
Market Dynamics
The key market players are focusing on adoption of growth organic strategies such expanding their business to another region, which is attributed to the growth of Global Health Caregiving market. For instance, in April 2020, Homage, a healthcare center that offers non-medical and medical services to seniors and adults, announced that it use its Series B funding to expand into five new countries in the Southeast Asia, Homage is addressing the issue with a platform that takes a curated approach to pairing caregivers and families, using a combination of in-person screening and its matching engine to make the process more efficient.
Key features of the study:
- This report provides an in-depth analysis of the global Health Caregiving market and provides market size (US$ Billion) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Health caregiving market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include include Honor Technology, Inc., Vesta Healthcare (Hometeam Care, Inc.), HomeHero, Inc., Seniorlink, Inc., GreatCall, Inc., Cariloop, Inc., Room2Care, Ltd., UnaliWear, Inc., Care.com, Inc., ianacare.com , Mable, Homage, Ouihelp, The Helper Bees, Elder and CareLinx, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global health caregiving market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global health caregiving market
Detailed Segmentation:
- Global Health Caregiving Market, By Service Type:
- Daily Essential Activities
- Meals, Home, and Personal Care
- Home Repair
- Home Delivery
- Transportation Services
- Health and Safety Awareness
- Health Vital Alerts
- Diet and Nutrition
- Medication Management
- Personal Safety Monitoring
- Care Coordination
- Care Planning
- Care Professional Engagement
- Records and Benefits Management
- Recovery Support
- Transition Support
- Home Retrofit Service
- Long-Term Care Insurance Planning
- Long-Term Care Provider Referral
- Legal Assistance
- Hospice/Funeral Planning
- Social Well-Being
- Digital Inclusion
- Life Enrichment and Empowerment
- Community Networking
- Life Companion
- Caregiver Quality of Life
- Global Health Caregiving Market, By End User:
- Geriatric Population
- Disabled Population
- Neonatal and Pediatric Population
- Others
- Global Health Caregiving , By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Honor Technology, Inc.
- Vesta Healthcare (Hometeam Care, Inc.)
- HomeHero, Inc.
- Seniorlink, Inc.
- GreatCall, Inc.
- Cariloop, Inc.
- Room2Care, Ltd.
- UnaliWear, Inc.
- Care.com, Inc.
- ianacare.com
- Mable
- Homage
- Ouihelp
- The Helper Bees
- Elder
