The report
titled “Global
Home Healthcare Market Outlook to 2025– By Patient Profile (Elderly Care,
Rehabilitation, Physiotherapy, Wound Care and Others), By Age Group in Years
(Mother and Infant, Below 25, 25-40, 40-65 and 65 & Above) and By Region
(USA, Germany, UK, Canada, Japan, Australia, China, India, South Africa, UAE
and Others)” gives an in depth, comprehensive study on the home
healthcare market globally. The report covers various aspects including overview
and value chain of the market, global home healthcare trends, market size by
revenue along with segmentations for four regions (America, Europe,
Asia-Pacific and Middle East and Africa). Country profile for 9 countries (USA,
Canada, Germany, U.K., Australia, Japan, India, South Africa and UAE), including
regulatory scenario, overview, market size, market trends, challenges, recent
regulations, competitive scenario and future, along with segmentation by age
group, patient profile, service stream and business model is present. A
detailed snapshot on China home healthcare market is also present. The report also
covers challenges faced in the market, the Porter’s Five Forces model, company
profiles of major players, their cross comparison tables on the basis of locations,
number of patients/clients, employee size and revenue. The report concludes
with the future predictions of the above mentioned sections along with analyst
recommendations which include strategies for existing players/new players to
have a prominent position in this market.
Global Home Healthcare Market
Overview and Size
The global
home healthcare market has been observed to be at the growth stage, with the
competition being moderately concentrated in the global market. However, in
developing countries, the market is fragmented owing to presence of various
companies operating in the market as a result of low barriers to entry. Across
the globe, hospitalization costs are surging and quality of nursing homes and
residential care facilities is reported to be deteriorating. This has paved the
way for quality in-home care. The industry is booming with major players
expanding their global footprint and investing in growth markets such as India,
China and Germany.
Global
Home Healthcare Market Segmentation
By Region (Americas, Europe, Asia-Pacific and Middle East and Africa):
The
Americas region contributed the highest revenue percentage share in the global
market as the United States of America is the leading market of home healthcare
with one of the most comprehensive regulations governing the providers and has
presence of a well organized market. Home Healthcare Market in European
countries such as UK and Germany is also well organized and regulated,
complimented by the high geriatric share of population in these countries. The
APAC region has the highest growth rate owing to vibrant investment opportunities.
However, MEA region has the lowest share of revenue as the geriatric population
is comparatively lower in the region and laws pertaining to home healthcare are
not present in most countries.
By Age Group (Mother and Infant,
Below 25 Years, 25-40 Years, 40-65 Years and 65 Years & Above)
Across all
countries, the demand for home healthcare is highest amongst the elderly and
middle aged population, followed by mother and infant segment due to rising
caesarean and premature deliveries with complex care needs. Children are
usually dependent on parents for care and require home healthcare mostly in
cases of mental illness or chronic diseases. Government home care schemes are
also targeted only at the elderly population, except in a few countries, mainly
in North America and Europe.
By Patient Profile (Elderly Care,
Rehabilitation, Physiotherapy, Wound Care and Others)
Elderly care is the largest segment
for home healthcare services, contributing more than 50% share in various
countries. Between 2015 and 2050, the proportion of the world's population over
60 years will nearly double from 12% to 22% and 80% of all older people will
live in low- and middle-income countries. Furthermore, as people age, they are
more likely to experience several conditions at the same time. Rehabilitation
services commonly include occupational and physical therapy, speech therapy,
stroke rehabilitation, post-op and post-trauma care. Apart from physiotherapy
and wound care, other services such as lab at home, pharma at home and Dementia/Alzheimer’s
care have also witnessed growth in developed and emerging markets.
Competitive Landscape in Global Home
Healthcare Market
Most of global home healthcare
leading players are based out of the U.S. and UK. However, , there are a lot of
consolidation activities taking place regionally specifically in the developing
markets. One of the recent such transaction was the acquisition of Almost
Family by LHC leading to a jump in its current year revenues by USD 800
million. Companies such as Healthcare at Home, Bayada, Right at Home and Home
Instead Senior Care are actively looking for expansion opportunities overseas,
including countries such as India, China and Germany. Kindred Healthcare, one
of the leading players in the US is set to separate its home health, hospice
and community care businesses resulting into a standalone company, owned 40% by
Humana, whereas Bayada converted its business into a not-profit one in order to
prevent any future takeover. It is anticipated that many players will start
investing heavily in tech based models/innovations in the coming years to stay
ahead from their competition.
Global Home Healthcare Future Market
and Projections
The growth
of home healthcare market in the past decade was largely limited to America and
Europe. The next hotspot for the industry is APAC region, with the highest
projected CAGR for 2019-2025. Growth in developed countries such as U.S.A. and
Japan will be driven by technology. Comprehensive regulations related to home
healthcare still have a long way to go in countries such as India, UAE and
South Africa, whereas China has already initiated some reforms for industry
growth. Government focus in other countries is largely on elderly care, and
therefore other segments are highly dependent on private financing and
insurance.
Key Segments Covered:-
Global Home Healthcare Market
By Region
America
Europe
Asia
Pacific
Middle
East and Africa
By Countries
USA
Canada
Germany
UK
Australia
Japan
India
South
Africa
UAE
Snapshot
on China Home Healthcare Market
By Age Group
Mother and
Infant
Below 25
25-40
40-65
65 Above
By Patient Profile
Elderly
Care
Rehabilitation
Physiotherapy
Wound Care
Others
(COPD, Lab Tests, Injections, Dementia Care etc.)
By Service Stream
Staff
& Support Service (Nurses, Doctors, Assistants and Support Software)
Rental
Service (Equipment/Lab/Pharma)
Key Target Audience:-
Home
Healthcare Agencies
Healthcare
Device Manufacturing Companies
Healthcare
Software Companies
Home Care
Companies
Nursing/Elderly
Care Companies
Government
Health Departments/Ministry of Health
Nursing
Associations
Home Care
Associations
Elderly
Care Associations/Companies
Healthcare
Consulting Companies
Home
Healthcare NGOs and Non-Profit Organizations
Time Period Captured in the Report
Historical Period: 2014-2019
Forecast Period: 2020F-2025F
Companies Covered:-
Healthcare
at Home
Kindred
Healthcare
Home
Instead Senior Care
LHC Group
Bayada
Amedisys
Almost
Family
Encompass
Health Corporation
Addus
Homecare
Right at
Home
Portea
Medical (Healthvista India Pvt. Ltd.)
Key Topics Covered:-
Global
Home Healthcare Market Overview
Global
Home Healthcare Market Size
Global
Home Healthcare Market Trends and Challenges
Global
Home Healthcare Market Porter’s Five Forces
Global
Home Healthcare Market Ecosystem and Industry Value Chain
Global
Home Healthcare Market Segmentation (By Region, Age Group and Patient Profile)
America
Home Healthcare Market Size and Segmentation (By Age Group and Patient Profile)
Europe
Home Healthcare Market Size and Segmentation (By Age Group and Patient Profile)
APAC Home
Healthcare Market Size and Segmentation (By Age Group, Patient Profile, Service
Stream and Business Model)
MEA Home
Healthcare Market Size and Segmentation (By Age Group, Patient Profile and
Service Stream)
Country
Profiles of USA, Canada, Germany, UK, Australia, Japan, India, South Africa and
UAE
Country
Snapshot of China Home Healthcare Market
Company
Profiles of Major Players in Global Home Healthcare Market
Cross
Comparison of KPIs of Major Players in Global Home Healthcare Market
Global
Home Healthcare Future Market Outlook and Segmentations
Analyst
Recommendations
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