Home Healthcare Market By Product (Diagnostic, Therapeutic and Mobility Assist), By Service (Rehabilitation, Infusion Therapy, Respiratory Therapy, Pregnancy Care, Skilled Nursing, and Palliative Care), By Software (Agency Software, Clinical Management Systems, and Hospice Solutions) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

Home Healthcare offers a wide range of healthcare services given from home for the treatment of disease or injury. The diverse industry includes infusion services, home skilled nursing and physical therapy and is often referred as home medical care. The home care services are usually less expensive, highly convenient to the patients, equally effective to the hospital care units or skilled nursing facility. The ultimate goal of home health care is the complete treatment of the disease or injury which helps the patient regain independence and become self-sufficient faster. Home healthcare also involves helping senior citizens with daily activities like bathing, dressing, eating including monitoring the medication routine. The home health care professionals are licensed practical nurses, therapists, and home health aides, mostly working for home health agencies or public health departments.

Cost effective alternative to expensive hospital stays is expected to drive the global home healthcare market

According to the National Centers for Caregiving estimates in 2015, the number of individuals using paid long-term care services in settings including home, residential care such as assisted living, or skilled nursing facilities is likely double from the 13 million in 2005, expected to 27 million people in 2050 due to the influenced growth in the population of older people in need of care. The shift of healthcare delivery from traditional clinical settings, increasing adoption of telecommunication services, affordable healthcare delivery systems, and the technological advancements are the major factors attributed to the growth of global home healthcare market. Also, the replacement of expensive hospital stays with the cost effective home healthcare is anticipated to serve as high impact rendering driver. Additionally, the factors driving the growth of global healthcare market include the rising prevalence of chronic diseases, rising aging population, the government initiatives to promote home healthcare, and increasing healthcare costs. However, limited insurance coverage, changing reimbursement policies and patient safety concerns are the factors to restrict the growth of global home healthcare market.

Infusion therapy segment contributes the largest share owing to its effective treatment for serious conditions

The global home healthcare market is segmented on the basis of products, service, software and geography.

On the basis of products, the global home healthcare market is segmented into:

  • Diagnostic
    • Blood Pressure Monitors
    • Blood Glucose Monitors
    • Heart Rate Monitors
    • Fetal Monitoring Devices
    • Ovulation and Pregnancy Test Kits
    • Home Hemoglobin A1c Test Kits
    • HIV Test Kits
    • Sleep Apnea Monitors
    • Coagulation Monitors
    • Pulse Oximeters
    • Drug and Alcohol Test Kits
    • Event and Holter Monitors
    • Cholesterol Monitoring Devices
    • Colon Cancer Test Kits
    • Electrocardiography Devices
    • Temperature Monitors
    • Hearing Aids
  • Therapeutic
    • Oxygen Delivery Systems
    • Automated External Defibrillators
    • Nebulizers
    • Sleep Apnea Therapeutic Devices
    • Wound Care Products
    • Dialysis Equipment
    • Insulin Delivery Devices
    • External Stimulation Devices
  • Mobility Assist
    • Wheelchairs
    • Canes
    • Crutches
    • Mobility Scooters
    • Walkers

On the basis of service, the global home healthcare market is segmented into:

  • Rehabilitation
  • Infusion Therapy
  • Respiratory Therapy
  • Pregnancy Care
  • Skilled Nursing
  • Palliative Care

On the basis of software, the global home healthcare market is segmented into:

  • Agency Software
  • Clinical Management Systems
  • Hospice Solutions

Favorable reimbursement policies is expected to dominate the global home healthcare market in North America

Regional segmentation of the global home healthcare market by Coherent Market Insights comprises of North America, Latin America, Europe, Asia Pacific, Middle East and Africa. According to the Centers for Disease Control and Prevention estimates in 2014, number of patients who received and ended care globally were approximately 4.9 million in 2013, with 12,400 home healthcare agencies in the U.S. Thus, the rising number of agencies, converging trends of aging population, favorable reimbursement policies and technological advancements is expected to dominate North America in the global market. Asia Pacific is poised to be the fastest-growing region during the forecast period owing to the rising geriatric population, increasing disposable income levels, expansion of home healthcare companies, increasing need for affordable healthcare delivery systems, rising awareness about home healthcare, and the rising adoption of innovative techniques.

Key players operating the global home healthcare market include Omron Healthcare, McKesson, Philips, Johnson & Johnson, and Roche. The strategy adopted by the key players include service portfolio expansion, mergers and acquisition, collaborations, and regional expansion. For instance, the agreement of Almost Family, Inc. with Medicare-certified home health agency owned by Caldwell Medical Center to acquire the assets in 2014. Other vendors operating the market include Fresenius, Apria Healthcare, Rotech Healthcare, Abbott, and Interim Healthcare.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.