Global Home Health Care And Residential Nursing Care Services market size is expected to reach $1569.22 billion by 2029 at 4.5%, segmented as by type, home health care providers, retirement communities, nursing care facilities

Nursing Care Market is segmented by Service Type (Home Health Care Providers, Nursing Care Facilities, Orphanages and Group Homes, and Retirement Communities), End User (Female Nursing Care and Male Nursing Care), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Learn more about Market Research Intellect's Home Health Care And Residential Nursing Care Services Market Report, valued at USD 563 billion in 2024, and set to grow to USD 1.025 trillion by 2033 with a CAGR of 7.5% (2026-2033).

Home Health Care and Residential Nursing Care Services Market Outlook 2032

The global home health care and residential nursing care services market size was USD 1210.77 billion in 2023 and is likely to reach USD 2074.77 billion by 2032, expanding at a CAGR of 6.4% during 2024–2032. The market growth is attributed to the high demand for personalized and convenient medical services across the globe.



Rising demand for personalized and convenient medical services drives the home health care and residential nursing care services market. Individuals seek health care solutions that offer comfort and effective management of their conditions at home or in residential settings, as populations age and chronic diseases become prevalent. This sector provides essential services ranging from routine assistance in daily activities to complex medical care, catering to a broad spectrum of needs that vary from patient to patient.

Impact of Artificial Intelligence (AI) in Home Health Care and Residential Nursing Care Services Market

The use of artificial intelligence is likely to boost the home health care and residential nursing care services market. AI-driven technologies facilitate real-time health monitoring and data analysis, enabling caregivers to predict health deterioration and intervene proactively. This proactive approach minimizes hospital readmissions and supports the management of chronic diseases effectively. Furthermore, AI enhances the personalization of care plans, tailoring treatments to individual patient needs based on vast data inputs that include past medical history, current health status, and even genetic information. These advancements improve the quality of care and optimize resource allocation, ensuring that staff focus on direct patient interactions and less on administrative tasks. AI continues to evolve, and its integration into healthcare services is set to deepen, promising further improvements in care delivery and operational efficiency.

Home Health Care and Residential Nursing Care Services Market Dynamics

Major Drivers

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The UK has an ageing population – for the Residential Nursing Care industry, this is an opportunity for growth with demand for more beds expanding. Homes have upped their average weekly fees, contributing to revenue. High inflation over the two years through 2023-24 has raised fees further. However, state involvement has limited growth, which has kept care fees artificially low for many nursing home residents. Residential nursing care revenue is anticipated to remain stable at £9.3 billion over the five years through 2024-25, including revenue growth of 3% in 2024-25. Weak government funding and wage cost pressures caused by the rising National Living Wage (which will increase to £12.21 in April 2025) have constrained profitability. Labour supply shortages caused by high turnover rates have been of particular concern. According to Skills For Care, the job vacancy rate in 2023-24 in the adult care sector was 8.3%, way above the average rate in the UK economy. That being said, the vacancy rate is declining thanks mainly to a government-driven recruitment drive to attract overseas workers, which has been helped by reducing visa requirements. Rising real household disposable income had supported more self-funded residents, aiding residential nursing care. However, data from the ONS revealed the percentage of self-funded residents fell from 36.7% in 2019-20 to 34.9% over the year through February 2022. In the year through February 2023, this has risen again to 37% of the 372,035 care home residents. Families are still struggling with the rising cost of living, reducing the number of people able to afford private care home costs, which has somewhat constrained revenue growth. Over the five years through 2029-30, residential and nursing care revenue is estimated to expand at a compound annual rate of 4.1% to £11.4 billion. Robust demand from an ageing population will support industry growth. However, plans for adult social care reforms are to be released in two stages (the first in 2026 and the second in 2028), which has caused greater uncertainty for the sector's future. Staff shortage concerns will continue to plague nursing care.

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The home healthcare and residential nursing care services market is experiencing robust growth, driven by an aging global population and increasing prevalence of chronic diseases requiring ongoing care. The market size in 2025 is estimated at $500 billion, projecting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors: rising demand for in-home care services due to cost-effectiveness and patient preference for familiar surroundings; technological advancements like telehealth and remote patient monitoring enhancing care delivery and efficiency; and increasing government initiatives and supportive healthcare policies globally promoting home-based and community-based care models. Major players like Brookdale Senior Living, Sunrise Senior Living, and Atria Senior Living Group are strategically investing in expanding their service offerings and geographical reach to capitalize on this market expansion. However, challenges persist, including workforce shortages, particularly registered nurses and certified nursing assistants, leading to increased operational costs and potential limitations in service capacity. Furthermore, regulatory compliance and reimbursement complexities across various healthcare systems present operational hurdles for providers. The market segmentation shows a significant portion dedicated to residential nursing care facilities, reflecting the need for structured, 24/7 care for individuals with complex medical needs. Home healthcare services, while exhibiting strong growth, are influenced by factors such as varying levels of insurance coverage and patient access to skilled professionals. Geographic variations in market size and growth are expected, with North America and Europe currently dominating the market due to established healthcare infrastructure and aging populations. However, growth potential in emerging economies is significant, driven by rising disposable incomes and improving healthcare access. The forecast period (2025-2033) anticipates continued market expansion, with further technological integration and evolving care models driving innovation and efficiency. Future growth will depend on addressing the workforce shortage, navigating regulatory complexities, and innovating care delivery models to enhance both quality of care and patient outcomes.

Global Residential Nursing Care Services market size 2025 was XX Million. Residential Nursing Care Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The number of people switching from home to inpatient care has risen again following the containment of the coronavirus. The additional expenditure for hygiene concepts and staff and the simultaneous reduction in income, for example due to unoccupied care home places, put pressure on the profit margin of care homes. In recent years, care homes have also had to deal with a shortage of skilled workers and a reform of the healthcare system with various new regulations. Between 2020 and 2025, industry turnover fell by an average of 0.2% per year. The industry was able to compensate for the slump in turnover during the pandemic years.Care homes are under economic pressure. In addition to the after-effects of the coronavirus pandemic, high energy costs and inflation as well as rising wages have been additional cost drivers in recent years. In addition, social welfare organisations are only settling uncovered care home costs after long processing times. The cost increases, which cannot be fully refinanced, are leading to the closure of numerous care homes. Cost pressure and the worsening staff shortage are also expected to lead to occupancy freezes and capacity cuts in the current year and result in further closures. For 2025, an increase in turnover of 1.9% compared to the previous year and total turnover of 35.1 billion euros is therefore expected.Due to demographic change and the increasing life expectancy of the population, the care market is characterised by stable growth. The rise in the number of households with people over the age of 65 and the increasing number of people in need of care in Germany are ensuring a constant demand for care places and will favour a positive sales trend in the sector. This is another reason why sales are expected to grow by an average of 2.4% per year until 2030. Total turnover is expected to amount to 39.5 billion euros in 2030. However, the rising number of people in need of care will be offset by an insufficient number of qualified nursing staff, which could widen the care gap. There is already a shortage of skilled workers in the industry today, which could worsen in the coming years.

Home Aged Care Services Market Outlook

The global home aged care services market size was valued at USD 345.5 billion in 2023 and is projected to reach USD 720.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period. This substantial growth is driven by a combination of demographic shifts, increasing healthcare costs, and a growing preference for home-based care among the elderly population worldwide.

The aging population is a significant growth factor for the home aged care services market. As life expectancy increases globally, the proportion of older adults in the population is rising. The World Health Organization projects that by 2050, the number of people aged 60 years and older will double, reaching 2.1 billion. This demographic shift is resulting in a higher demand for aged care services, particularly those that allow for care within the comfort of one's own home. Moreover, the preference for home-based care is also influenced by the desire for a better quality of life and increased independence among the elderly.

Another key growth driver is the rising prevalence of chronic diseases among the aging population, which necessitates continuous medical attention and long-term care. Conditions such as diabetes, heart diseases, and dementia require regular monitoring and assistance, which home care services can effectively provide. The increasing incidence of these health issues is prompting families to seek comprehensive and specialized services that can be delivered at home, thus fueling market growth. Additionally, advancements in medical technology and telehealth services are making it more feasible to provide high-quality care outside of traditional clinical settings.

Economic factors also play a crucial role in the expansion of the home aged care services market. The cost of institutional care, such as nursing homes and assisted living facilities, is often prohibitive for many families. Home care services present a more affordable alternative, enabling families to manage expenses better while still ensuring that their elderly relatives receive necessary care. Government initiatives and policies promoting home care as a cost-effective solution to the growing burden on healthcare systems further bolster this market. Many countries are investing in programs and subsidies to make home care services more accessible and affordable.

The role of Home Care Products Manufacturing is becoming increasingly significant as the demand for home-based care services grows. Companies involved in this sector are focusing on creating innovative and user-friendly products that cater to the specific needs of the elderly population. From mobility aids to personal hygiene products, the range of home care products is expanding to support the diverse requirements of aged care. This manufacturing sector is also benefiting from advancements in technology, enabling the production of smart and connected devices that enhance the quality of care provided at home. As the market for home aged care services continues to expand, the demand for high-quality home care products is expected to rise, providing new opportunities for manufacturers to innovate and grow.

The regional outlook for the home aged care services market indicates significant growth potential across various geographies. North America and Europe currently dominate the market due to their advanced healthcare infrastructure and high awareness of home care services. However, the Asia Pacific region is anticipated to witness the highest growth rate over the forecast period, driven by the large aging population and increasing economic capabilities in countries like China and India. Latin America and the Middle East & Africa are also emerging markets, with increasing investments in healthcare infrastructure and growing awareness about the benefits of home aged care services.

Service Type Analysis

The home aged care services market can be segmented by service type into personal care, nursing care, palliative care, respite care, and others. Personal care services include assistance with daily activities such as bathing, dressing, meal preparation, and mobility. This segment is one of the largest within the market, driven by the increasing need for support with basic daily activities among the elderly population. The focus on enhancing the quality of life for aging individuals by providing personalized and compassionate care is a primary growth driver

The Home Health Care and Residential Nursing Care Services market has emerged as a critical component of the healthcare landscape, catering to the growing population of individuals requiring medical assistance in the comfort of their own homes or in residential settings. As an industry poised for significant growth,

The global Home Health Care and Residential Nursing Care Services market, valued at $110,250 million in 2025, is projected to experience steady growth, driven by an aging global population and increasing prevalence of chronic diseases requiring long-term care. A compound annual growth rate (CAGR) of 2.4% from 2025 to 2033 indicates a substantial market expansion, with significant opportunities across diverse segments. The rising demand for personalized and convenient home healthcare solutions, coupled with technological advancements in telehealth and remote patient monitoring, is a major driver. Furthermore, increasing government initiatives promoting aging-in-place and supportive care models contribute to market growth. While potential restraints such as workforce shortages in the healthcare sector and rising costs associated with long-term care exist, the overall market outlook remains positive. The market is segmented by service type (home health care and residential nursing care) and patient demographics (male and female). North America and Europe are currently leading market segments, owing to developed healthcare infrastructure and higher disposable incomes. However, the Asia-Pacific region is anticipated to demonstrate significant growth potential in the coming years, fueled by rapid economic development and a burgeoning elderly population. The competitive landscape includes major players like Brookdale Senior Living, Sunrise Senior Living, and others, who continuously innovate to meet evolving customer needs and strengthen their market positions. Investment in technological integration, coupled with strategic partnerships and acquisitions, are key strategies for market players. The segmental breakdown reveals a relatively even distribution between home health care and residential nursing care services, reflecting a diverse range of preferences and care needs among the aging population. Gender-based segmentation highlights a relatively balanced demand from both male and female patients, although nuanced regional variations may exist. Future market growth will likely be influenced by factors such as advancements in geriatric care, technological innovations supporting remote monitoring, increasing affordability of long-term care, and government policies aimed at supporting senior care. Specific regional growth trajectories will largely depend on demographic trends, economic growth, and the level of healthcare infrastructure development in each region. Ongoing research and development in areas like AI-powered diagnostics, personalized medicine, and robotic assistance in healthcare are poised to reshape the market dynamics and enhance care delivery in the years ahead.

The global home healthcare market, valued at $288.38 billion in 2025, is projected to experience robust growth, driven by several key factors. An aging global population necessitates increased demand for long-term care, while advancements in telehealth technology and remote patient monitoring are expanding access to quality care outside traditional hospital settings. The rising prevalence of chronic conditions like diabetes, neurological disorders, and cancer further fuels market expansion, as home healthcare offers a cost-effective and convenient alternative to institutionalized care. Government initiatives promoting home-based care and increasing healthcare insurance coverage also contribute to market growth. However, challenges remain, including workforce shortages in skilled nursing and healthcare professionals, concerns regarding the quality and consistency of care delivered in the home environment, and variations in regulatory frameworks across different geographical regions. Despite these challenges, the market's positive trajectory is expected to continue. The compounded annual growth rate (CAGR) of 10.6% from 2025 to 2033 suggests a significant expansion in market size. This growth is anticipated to be particularly strong in North America and Europe, driven by established healthcare infrastructure and higher disposable incomes. However, emerging markets in Asia-Pacific and Latin America also present significant growth opportunities, as healthcare systems increasingly adopt home-based care models to address growing healthcare needs. The market segmentation by service type (physician care, nursing care, therapy), indication (cancer, neurological disorders), and payor (public, private) offers opportunities for specialized service providers and further market diversification. The competitive landscape includes both large multinational corporations and smaller specialized home healthcare agencies, creating a dynamic market environment with potential for both consolidation and innovation. Recent developments include: April 2023 – AccentCare formed a joint venture with Memorial Hermann Health System to combine their home health and hospice operations in Texas., November 2022 - The Pennant Group, Inc. acquired Wisconsin Home Health Provider to provide skilled home health and community health services in Kenosha, Wisconsin., September 2022 - BAYADA Home Health Care announced its partnership with Jefferson Health to expand access to in-home care along with improving patient experience in Philadelphia., September 2022 - LHC Group, Inc. announced its partnership with the University of Maryland Medical System to provide advanced at-home health services throughout a large area of Maryland., August 2022 - Baxter received approval for its Novum IQ Syringe Infusion Pump with Dose IQ safety software, which will increase its product offerings.. Key drivers for this market are: Rising Inclination toward Home Health Services Due to Their Cost Effectiveness to Augment Market Growth. Potential restraints include: Growing Incidence of Frauds by Home Health Service Providers Likely to Hinder Market Growth . Notable trends are: Integration of Telehealth Platforms to Raise Adoption of Home Health Services.

Home Health Care Services Market size was valued at USD 390.24 Billion in 2024 and is projected to reach USD 720.17 Billion by 2032, growing at a CAGR of 7.96% from 2026 to 2032.

Key Market Drivers: Aging Population: The increasing global elderly population is a major driver for home health care services. According to the World Health Organization, by 2050, 1 in 6 people worldwide will be over the age of 60, which will lead to higher demand for home-based care solutions. Chronic Disease Prevalence: The rising incidence of chronic diseases like diabetes, heart disease, and respiratory illnesses is fueling the need for home care services. The Centers for Disease Control and Prevention (CDC) estimates that 6 in 10 adults in the U.S. have a chronic disease, driving continuous healthcare support. Government Initiatives and Healthcare Policies: Governments globally are promoting home care services to reduce hospitalizations and healthcare costs. For example, the U.S. Medicare program has expanded reimbursement for home health services, with spending on home health care reaching over $113 billion in 2022, according to the Centers for Medicare & Medicaid Services.

Home care providers support the overall health and well-being of millions in the US annually. This number has been growing fast, expanding the scale and scope of home care providers in recent years. A rising number of adults 65 and older has been the primary driver behind this, as older adults are at a higher risk of developing a condition or experiencing an injury that limits their ability to perform tasks they once did independently. While changing demographic trends are an overarching trend impacting the health sector, the pandemic has permanently altered the industry's trajectory. Widespread outbreaks at residential facilities in the first year of the pandemic led more people to value remaining in their homes as they age; the interest in aging-in-place has only grown even as pandemic concerns have dissipated, as older adults look for options that provide safety and independence. In all, revenue has been expanding at a CAGR of 3.7% to an estimated $155.9 billion over the past five years, including expected growth of 3.2% in 2025. The mounting need for home care services and a shortage of home health aides create a mismatch between supply and demand that limits revenue growth. Shortages, preexisting the pandemic, have worsened as caregivers seek more flexible jobs with higher pay, creating increasingly high turnover that pressures providers to raise wages. Medicare and Medicaid reimbursements to home health agencies have been declining for several years, preventing home health agencies from raising salaries despite shortages. Clients eligible for home care services through insurance face long waits, leading more people to opt for self-directed care, where family members or friends work as caregivers. Too few caregivers prevent the industry from fully benefiting from rising demand and curtail profit growth. Trends driving growth in recent years will continue, providing various opportunities for home care providers. How home care providers capitalize on these trends will depend on insurer reimbursements and workforce development. Technology, ranging from wearables to telehealth, will have a more prominent role in the industry as providers look for ways to improve patient care while lessening the burden on staff. Regulatory and financial pressures will maintain consolidation activity, with private equity investment likely to expand. A significant headwind facing the industry will be the future of Medicare policies, the extent to which they cover home health and how states will react to Medicaid cuts in the Trump Administration's Big Beautiful Bill. Revenue will grow at a CAGR of 2.9% to an estimated $179.8 billion over the next five years.

The Senior Care and Living Services market is poised for significant growth, with a market size of $580.8 billion in 2025 and a projected CAGR of 5.7% from 2025 to 2033. Key drivers include the rising elderly population, increasing incidence of chronic diseases, and growing demand for home-based care services. Key industry trends include the integration of technology, personalization of care, and increasing government support for senior care services. The market is segmented based on application (home, hospital, nursing home) and type (nursing care facilities, home healthcare services, social services, continuing care retirement communities, assisted living facilities). North America and Europe dominate the market, while Asia Pacific is expected to exhibit the highest growth rate due to the rapidly aging population in countries like China and India. Major industry players include Genesis HealthCare, Benesse Style Care, ApnaCare Latin America, Econ Healthcare Group, and Golden Care Group. The market is expected to continue growing in the coming years, driven by rising demand for quality care and services for the elderly population worldwide.

The Nursing Care Market was valued at USD 447 Million in 2024 and is projected to reach USD 835 Million by 2032, growing at a CAGR of 8.8% during the forecast period 2026 to 2032.

Nursing Care Market: Definition/ Overview

Nursing care refers to the professional care provided by licensed nurses to individuals across various settings, including hospitals, clinics, nursing homes, and home healthcare. It encompasses a broad range of services aimed at promoting health, preventing illness, and assisting patients in managing acute and chronic conditions. Nursing care is integral to the healthcare system, ensuring patients receive personalized, compassionate, and evidence-based care to optimize their well-being.

Nursing care finds application across diverse healthcare settings, including hospitals, long-term care facilities, home healthcare, and community health programs. In hospitals, nurses provide critical bedside care, administer medications, monitor patients' conditions, and collaborate with multidisciplinary teams to ensure comprehensive treatment plans. In long-term care facilities like nursing homes, nurses manage chronic conditions, assist with daily activities, and promote residents' overall well-being. Home healthcare nurses deliver skilled care directly in patients' homes, ranging from wound care and medication management to educating patients and families on disease management. In community health settings, nurses conduct health screenings, vaccinations, and health education programs, playing a pivotal role in promoting public health and preventing illness. Across these contexts, nursing care is essential in delivering personalized, compassionate, and evidence-based care to meet the diverse healthcare needs of individuals and communities.

This statistic shows the revenue of the industry “residential nursing care activities“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of residential nursing care activities in the United Kingdom will amount to approximately ***** billion U.S. Dollars by 2025.

The U.S. Home Healthcare Services Market size was valued at USD 90.47 USD billion in 2023 and is projected to reach USD 147.19 USD billion by 2032, exhibiting a CAGR of 7.2 % during the forecast period. Home health care is a personal care assistance that focuses on offering medical and nonmedical services to enhance independence and ease. These include; skilled nursing, physical therapy, occupational therapy, speech therapy, and personal care assistance. These include customized care plans, prescription management, ongoing condition tracking, and help with activities of daily living. Examples include rehabilitation after surgery or a hospital stay and caring for older adults as well as long-term conditions such as diabetes and heart disease. Today’s market conditions in the US show that there is a growing need due to the higher proportion of elderly people in the population, and the development of the desire of older people to receive rehabilitation at home rather than in the clinic. Recent developments include: May 2023 – Amedisys entered a definitive merger agreement with Option Care Health, Inc., a U.S.-based provider of infusion services, to provide an independent platform for home and alternate site care., February 2023 – Optum Inc. acquired LHC Group for USD 5.40 billion. Through this acquisition, both companies aim to offer extensive care to meet the rising demand for home care among patients., December 2022 – Enhabit Home Health & Hospice acquired Southwest Florida Home Care, Inc.’s home health agency in Fort Myers, Florida. Through this acquisition, the company strengthened its footprint in Florida and expanded its services., June 2021 – Amedisys announced the acquisition of Contessa Health, a hospital-at-home and skilled nursing facility leader, to expand its capabilities in in-home healthcare services with the addition of a higher-acuity hospital and skilled nursing facility services at home, advanced analytics platform, and network management., December 2021 – Aveanna Healthcare, LLC acquired Comfort Care, a leading adult home health and hospice company, to expand its footprint in the country by adding operations in Tennessee and Alabama.. Key drivers for this market are: Growing Prevalence of Psoriasis to Boost Treatment Demand. Potential restraints include: Vulnerability to Fraud, Waste, and Abuse Might Restrict Market Expansion. Notable trends are: Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.