Home Healthcare Market Dynamics – Driver, Challenge, Segment & Competition FY2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Home Healthcare Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Home Healthcare Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Home Healthcare Market size was valued at USD 390.24 billion in 2023 and is projected to reach USD 666.91 billion by 2030 The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in Home Healthcare Market Segmentation?

The report has segmented the market into the following categories:

By Product

• Therapeutic Products- Market Size & Forecast 2019-2030, USD Million

• • Dialysis Equipment- Market Size & Forecast 2019-2030, USD Million
• • Inhalers- Market Size & Forecast 2019-2030, USD Million
• • IV Equipment- Market Size & Forecast 2019-2030, USD Million
• • Infusion Pumps- Market Size & Forecast 2019-2030, USD Million
• • Sleep Apnea Therapeutic Devices- Market Size & Forecast 2019-2030, USD Million
• • Ventilators- Market Size & Forecast 2019-2030, USD Million
• • Nebulizers- Market Size & Forecast 2019-2030, USD Million
• • Others (Wound Care Products, Oxygen Delivery Systems, etc.)- Market Size & Forecast 2019-2030, USD Million

• Monitoring Products- Market Size & Forecast 2019-2030, USD Million

• • Blood Glucose Monitors- Market Size & Forecast 2019-2030, USD Million
• • Blood Pressure Monitors- Market Size & Forecast 2019-2030, USD Million
• • Pulse Oximeters- Market Size & Forecast 2019-2030, USD Million
• • Sleep Monitoring Devices- Market Size & Forecast 2019-2030, USD Million
• • Electrocardiogram Monitor- Market Size & Forecast 2019-2030, USD Million
• • Fetal Monitors- Market Size & Forecast 2019-2030, USD Million
• • Others (Weight scale, Blood coagulation (PT/INR) meter, etc.)

• Testing Kits

• • Pregnancy Test Kits- Market Size & Forecast 2019-2030, USD Million
• • Male & Female Stress Hormone Test Kits- Market Size & Forecast 2019-2030, USD Million
• • Cholesterol Test Kits- Market Size & Forecast 2019-2030, USD Million
• • Allergy Test Kits- Market Size & Forecast 2019-2030, USD Million
• • HIV Test Kits- Market Size & Forecast 2019-2030, USD Million
• • Colon Cancer Test Kits- Market Size & Forecast 2019-2030, USD Million
• • Others (Drugs, Alcohol, Nicotine Test Kits, etc.)- Market Size & Forecast 2019-2030, USD Million

• Mobility Care/Assistive Products- Market Size & Forecast 2019-2030, USD Million

• • Wheelchairs- Market Size & Forecast 2019-2030, USD Million
• • Walkers- Market Size & Forecast 2019-2030, USD Million
• • Crutches- Market Size & Forecast 2019-2030, USD Million
• • Canes- Market Size & Forecast 2019-2030, USD Million
• • Hearing Aid- Market Size & Forecast 2019-2030, USD Million
• • Others (Scooter, Orthotic devices, etc.)- Market Size & Forecast 2019-2030, USD Million
• • IT & Software- Market Size & Forecast 2019-2030, USD Million
• • Others (Feeding Equipment, Medication Administration Equipment, etc.)- Market Size & Forecast 2019-2030, USD Million

By Services

• Rehabilitation Therapy Services- Market Size & Forecast 2019-2030, USD Million

• Respiratory Therapy Services- Market Size & Forecast 2019-2030, USD Million

• Pregnancy Care Services- Market Size & Forecast 2019-2030, USD Million

• Skilled Nursing Services- Market Size & Forecast 2019-2030, USD Million

• Unskilled Care Services- Market Size & Forecast 2019-2030, USD Million

• Others (Infusion Therapy Services, Hospice & Palliative Care Services, etc.)- Market Size & Forecast 2019-2030, USD Million

Out of all, the rehabilitation therapy services category held the prominent market share of the Global Home Healthcare Market. The rates of spinal cord injury (SCI) have been alarming across the world, as people have been involved in automobile & motorcycle crashes, falls, medical/surgical complications, diving incidents, and others. As individuals with spinal cord injury (SCI) need extensive rehabilitation to continue functioning well in their community & home environment, the demand for rehabilitation therapy services has been on the rise, augmenting the growth of the category’s market. For instance,

By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

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Key Factor Driver Home Healthcare Industry Growth by 2030

Lack of Healthcare Facilities & Medical Professionals – In many countries like India, China, GCC, Vietnam, the Philippines, Nigeria, and others, despite the significant proportion of the diseased population, there is a lack of healthcare facilities that could cater to the patients who tend to suffer from diseases like CVDs, cancer, sleep apnea, and others. As a result, the focus has been shifting towards home healthcare leading to enhanced adoption of products like blood glucose monitors, sleep apnea therapeutic devices, ventilators, and numerous others and a heightened need for services like respiratory therapy services, skilled nursing services, etc.

Who are the Key Players Operating in the Home Healthcare Industry?

The top companies of the Home Healthcare market ruling the industry are:

• Fresenius SE & Co. KGaA
• GE HealthCare
• Linde plc
• Amedisys
•  Care24
• LHC Group, Inc.
• Vitalograph
• advita Pflegedienst GmbH
• RENAFAN GmbH
• Addus HomeCare
• Caremax Rehabilitation Equipment Co., Ltd.
• Alora Health
• Portea Medical
• BAYADA Home Health Care
• Koninklijke Philips N.V.

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
2. What are the trends influencing the current scenario of the Home Healthcare Market?
3. What are the key factors that would propel and hinder the industry?
4. Which geographical area dominates the Home Healthcare industry?
5. Which is the Leading segment in the market?

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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