According to the report, global home healthcare market was valued at USD 228.90 billion in 2015 and is expected to generate revenue of USD 391.41 billion by 2021, growing at a CAGR of 9.40% between 2016 and 2021. Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people to recover from an illness or injury and live independently for as long as possible.
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According to the report, global home healthcare market was valued at USD 228.90 billion in 2015 and is expected to generate revenue of USD 391.41 billion by 2021, growing at a CAGR of 9.40% between 2016 and 2021.
Home health care can be referred as home medical care or formal care. Home health care usually involves helping someone to recover from an illness or injury and live independently for as long as possible. Home health care includes occupational and physical therapy and skilled nursing. It can also involve helping older adults with activities of daily living, such as bathing, dressing, and eating. Further, it involves assistance with cooking, cleaning, other housekeeping, and monitoring one’s medication schedule. Entirely the aim of home healthcare is to treat an illness or injury.
Growing global geriatric population, increasing the incidence of chronic disease, favorable government initiatives, and growing demand for affordable health care delivery systems are the key factors fueling demand for home health care services. In addition, growing healthcare costs and increasing health awareness among people, is expected to trigger the growth of this industry in the years to come. Favorable reimbursement policies coupled with the presence of a large number of small-scale and large-scale healthcare service has provided the strong boost to the home healthcare market in North America. However, varying reimbursement policies, limited coverage, and patient safety concerns are some of the factors which curtail the growth of this market.
The home healthcare market is segmented on the basis of different products into diagnostics and monitoring devices, therapeutics devices, medical supplies and home mobility assists devices. In 2015, a diagnostic and monitoring device was the largest segment in the home healthcare market and accounted for around 36.46% share of the total market. This segment is expected to continue its dominance in the global market throughout the forecast period. Medical supply was another key outlet for this market in 2015. It is expected to grow at a moderate rate in the forecast period. The therapeutic device is also one of the lucrative product segments in 2015.
Services segments of home healthcare market include rehabilitation services, telehealth and telemedicine services, infusion therapy services, respiratory therapy services and unskilled home healthcare services. Rehabilitation service was leading segment in the home healthcare market and accounted for 30.13% market share of a total market in 2015. Telehealth and telemedicine and respiratory therapy services sector are also expected to show strong growth in the coming years.
North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa are key regional markets for the home healthcare market. Demand for home health care was highest in North America. In terms of revenue, Europe acquired the second largest share of the market globally in 2015. Asia Pacific expected to be the fastest growing region due to emerging healthcare sector and growing population.
Some of the major industry participants in home healthcare market includes 3M Health Care, Bayer AG, Abbott Laboratories, Cardinal Health, Inc., GE Healthcare, Johnson & Johnson Services, Inc., Gentiva Health Services, Inc., Invacare Corporation, F. Hoffmann-La Roche Ltd., Phillips Healthcare, Medtronic, Inc. and Omron Healthcare, Inc.
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[wptab name=’Table of content’]
- Chapter 1. Preface
- 1.1. Report description
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global home healthcare market, 2015 – 2021 (USD Billion)
- 2.2. Global home healthcare market: Snapshot
- Chapter 3. Home Healthcare – Industry Analysis
- 3.1. Introduction
- 3.1.1. Classification of home healthcare
- 3.2. Market drivers
- 3.2.1. Rising geriatric population
- 3.2.2. Increasing prevalence of chronic diseases
- 3.3. Restraint
- 3.3.1. Patient safety concerns related to home health care
- 3.4. Opportunity
- 3.4.1. Rapid job growth in home healthcare services
- 3.5. Porter’s five forces analysis
- 3.6. Home healthcare: Market attractiveness analysis
- 3.6.1. Market attractiveness analysis by product segment
- 3.6.2. Market attractiveness analysis by services segment
- 3.6.3. Market attractiveness analysis by region segment
- 3.7. Company market share analysis
- 3.7.1. Global home healthcare market: Company market share, 2014
- 3.1. Introduction
- Chapter 4. Home Healthcare Market – Product Segment Analysis
- 4.1. Global home healthcare market overview: By product
- 4.1.1. Global home healthcare market revenue share, by product, 2015 & 2021
- 4.2. Diagnostics and monitoring home devices
- 4.2.1. Global home healthcare market for diagnostics and monitoring home devices, 2015 – 2021 (USD Million)
- 4.3. Therapeutics home healthcare devices
- 4.3.1. Global home healthcare market for therapeutics home healthcare devices, 2015 – 2021 (USD Million)
- 4.4. Home mobility assist devices
- 4.4.1. Global home healthcare market for home mobility assist devices, 2015 – 2021 (USD Million)
- 4.5. Medical supplies
- 4.5.1. Global home healthcare market for medical supplies, 2015 – 2021 (USD Million)
- 4.1. Global home healthcare market overview: By product
- Chapter 5. Home Healthcare Market– Services Segment Analysis
- 5.1. Global home healthcare market overview: By application
- 5.1.1. Global home healthcare market revenue share, by services, 2015 & 2021
- 5.2. Rehabilitation services
- 5.2.1. Global home healthcare market for rehabilitation services, 2015 – 2021 (USD Million)
- 5.3. Telehealth and telemedicine services
- 5.3.1. Global home healthcare market for telehealth and telemedicine services, 2015 – 2021 (USD Million)
- 5.4. Infusion therapy services
- 5.4.1. Global home healthcare market for infusion therapy services, 2015 – 2021 (USD million)
- 5.5. Respiratory therapy services
- 5.5.1. Global home healthcare market for respiratory therapy services, 2015 – 2021 (USD million)
- 5.6. Unskilled home healthcare services
- 5.6.1. Global home healthcare market for unskilled home healthcare services, 2015 – 2021 (USD million)
- 5.1. Global home healthcare market overview: By application
- Chapter 6. Home Healthcare Market– Regional Analysis
- 6.1. Global home healthcare market: Regional overview
- 6.1.1. Global home healthcare market revenue share, by region, 2015 & 2021
- 6.2. North America
- 6.2.1. North America home healthcare market, 2015 – 2021(USD Million)
- 6.2.2. North America home healthcare market revenue, by product, 2015 – 2021 (USD Million)
- 6.2.3. North America home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. U.S. home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.2.4.2. U.S. home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.3. Europe
- 6.3.1. Europe home healthcare market, 2015 – 2021(USD Million)
- 6.3.2. Europe home healthcare market revenue, by product, 2015 – 2021 (USD Million)
- 6.3.3. Europe home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.3.4. UK
- 6.3.4.1. UK home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.3.4.2. UK home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.3.5. France
- 6.3.5.1. France home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.3.5.2. France home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.3.6. Germany
- 6.3.6.1. Germany home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.3.6.2. Germany home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific home healthcare market, 2015 – 2021(USD Million)
- 6.4.2. Asia Pacific home healthcare market revenue, by product, 2015 – 2021 (USD Million)
- 6.4.3. Asia Pacific home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.4.4. China
- 6.4.4.1. China home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.4.4.2. China home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Japan home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.4.5.2. Japan home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.4.6. India
- 6.4.6.1. India home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.4.6.2. India home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America home healthcare market, 2015 – 2021(USD Million)
- 6.5.2. Latin America home healthcare market revenue, by product, 2015 – 2021 (USD Million)
- 6.5.3. Latin America home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Brazil home healthcare market revenue, by product, 2015 – 2021(USD Million)
- 6.5.4.2. Brazil home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. The Middle East & Africa home healthcare market, 2015 – 2021(USD Million)
- 6.6.2. The Middle East & Africa home healthcare market revenue, by product, 2015 – 2021 (USD Million)
- 6.6.3. The Middle East & Africa home healthcare market revenue, by services, 2015 – 2021 (USD Million)
- 6.1. Global home healthcare market: Regional overview
- Chapter 7. Company Profiles
- 7.1. 3M Health Care
- 7.1.1. Company overview
- 7.1.2. Financial overview
- 7.1.3. Product portfolio
- 7.1.4. Business strategy
- 7.1.5. Recent developments
- 7.2. Johnson & Johnson
- 7.2.1. Company Overview
- 7.2.2. Financials
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Gentiva Health Services
- 7.3.1. Company Overview
- 7.3.2. Product Portfolio
- 7.3.3. Business Strategy
- 7.4. Philips Healthcare Informatics Inc.
- 7.4.1. Company Overview
- 7.4.2. Financials
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. Invacare Corporation
- 7.5.1. Company Overview
- 7.5.2. Financials
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Developments
- 7.6. F. Hoffmann-La Roche AG
- 7.6.1. Company Overview
- 7.6.2. Financials
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Developments
- 7.7. Medtronic Inc.
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfolio
- 7.7.4. Business strategies
- 7.7.5. Recent Developments
- 7.8. Omron healthcare co., Ltd.
- 7.8.1. Company Overview
- 7.8.2. Financials
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Developments
- 7.9. Cardinal Health, Inc.
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Developments
- 7.10. Bayer AG
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product portfolio
- 7.10.4. Business strategies
- 7.11. Abbott Laboratories
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Product Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Developments
- 7.12. 3M Health Care Ltd
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Product Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Developments
- 7.13. GE Healthcare
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Product Portfolio
- 7.13.4. Business Strategy
- 7.13.5. Recent Developments
- 7.1. 3M Health Care
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global home healthcare market, 2015 – 2021 (USD Billion)
4. Classification of home healthcare
5. Aging Population (% of Population Over Age 65)
6. Predicted global cancer cases (Millions)
7. Employment projections for home healthcare industry
8. Rapid job growth in home healthcare services
9. Porter’s five forces analysis for home healthcare market
10. Market attractiveness analysis by product segment
11. Market attractiveness analysis by services segment
12. Market attractiveness analysis by region segment
13. Global home healthcare market: Company market share, 2015
14. Global home healthcare market revenue share, by product, 2015 & 2021 (USD Million)
15. Global home healthcare market for diagnostics and monitoring home devices, 2015 – 2021 (USD Million)
16. Global home healthcare market for therapeutics home healthcare devices, 2015 – 2021 (USD Million)
17. Global home healthcare market for home mobility assist devices, 2015 – 2021 (USD Million)
18. Global home healthcare market for medical supplies, 2015 – 2021 (USD Million)
19. Global home healthcare market revenue share, by services, 2015 & 2021
20. Global home healthcare market for rehabilitation services, 2015 – 2021 (USD Million)
21. Global home healthcare market for telehealth and telemedicine services, 2015 – 2021 (USD Million)
22. Global home healthcare market for infusion therapy services, 2015 – 2021 (USD Million)
23. Global home healthcare market for respiratory therapy services, 2015 – 2021 (USD Million)
24. Global home healthcare market for unskilled home healthcare services, 2015 – 2021 (USD Million)
25. Global home healthcare market revenue share, by region, 2015 & 2021
26. North America home healthcare market, 2015 – 2021 (USD Million)
27. Europe home healthcare market, 2015 – 2021 (USD Million)
28. Asia Pacific home healthcare market, 2015 – 2021 (USD Million)
29. Latin America home healthcare market, 2015 – 2021 (USD Million)
30. Middle East & Africa home healthcare market, 2015 – 2021 (USD Million)
List of Tables
1. Global home healthcare market: Snapshot
2. Drivers of the home healthcare market: Impact analysis
3. Restraint for the home healthcare market: Impact analysis
4. North America home healthcare market revenue, by product, 2015 – 2021 (USD Million)
5. North America home healthcare market revenue, by services, 2015 – 2021 (USD Million)
6. U.S. home healthcare market revenue, by product, 2015 – 2021(USD Million)
7. U.S. home healthcare market revenue, by services, 2015 – 2021 (USD Million)
8. Europe home healthcare market revenue, by product, 2015 – 2021 (USD Million)
9. Europe home healthcare market revenue, by services, 2015 – 2021 (USD Million)
10. UK home healthcare market revenue, by product, 2015 – 2021(USD Million)
11. UK home healthcare market revenue, by services, 2015 – 2021 (USD Million)
12. France home healthcare market revenue, by product, 2015 – 2021(USD Million)
13. France home healthcare market revenue, by services, 2015 – 2021 (USD Million)
14. Germany home healthcare market revenue, by product, 2015 – 2021(USD Million)
15. Germany home healthcare market revenue, by services, 2015 – 2021 (USD Million)
16. Asia Pacific home healthcare market revenue, by product, 2015 – 2021 (USD Million)
17. Asia Pacific home healthcare market revenue, by services, 2015 – 2021 (USD Million)
18. China home healthcare market revenue, by product, 2015 – 2021(USD Million)
19. China home healthcare market revenue, by services, 2015 – 2021 (USD Million)
20. Japan home healthcare market revenue, by product, 2015 – 2021(USD Million)
21. Japan home healthcare market revenue, by services, 2015 – 2021 (USD Million)
22. India home healthcare market revenue, by product, 2015 – 2021(USD Million)
23. India home healthcare market revenue, by services, 2015 – 2021 (USD Million)
24. Latin America home healthcare market revenue, by product, 2015 – 2021 (USD Million)
25. Latin America home healthcare market revenue, by services, 2015 – 2021 (USD Million)
26. Brazil home healthcare market revenue, by product, 2015 – 2021(USD Million)
27. Brazil home healthcare market revenue, by services, 2015 – 2021 (USD Million)
28. The Middle East & Africa home healthcare market revenue, by product, 2015 – 2021 (USD Million)
29. The Middle East & Africa home healthcare market revenue, by services, 2015 – 2021 (USD Million)
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