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 3.5% to an estimated $153.7 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 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 waiting periods, leading more people to opt for self-directed care, where family members or friends work as paid caregivers. Too few caregivers prevent the industry from fully benefiting from ballooning demand and curtail profit growth. Trends driving growth in recent years will accelerate moving forward, providing massive 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 as well. A major headwind facing the industry will be the future of Medicare policies and to what extent they cover home health and telehealth services. Revenue will grow at a CAGR of 2.8% to an estimated $176.8 billion over the next five years.

This statistic shows the value of the home care market in the U.S. in 2016 and a forecast for 2024. In 2016, the home care market was valued at 100 billion U.S. dollars. By 2024 the home care market is projected to be valued at 225 billion dollars.

Expert industry market research on the Home Care Providers in the US (2006-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Home Care Providers in the US (2005-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

The Report Covers Global Home Healthcare Industry Analysis and is Segmented by Product and Services (Equipment, (therapeutics, Diagnostics, and Mobility Care), Software, and Services (Rehabilitation Services, Respiratory Therapy Services, Infusion Therapy Services, and Other Services), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The Value is Provided in (USD) for the Above Segments.

The Report Covers Global Household Care Market Future and is Segmented by Product Type (Air Care, Dishwashing, Bleach, Insecticides, Laundry Care, Surface Care, Toilet Care, and Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Sizes and Forecasts in Terms of Value (USD Million) for the Above Segments.

Global home healthcare market size and share are expected to exceed USD 699.74 billion by 2032, with a compound annual growth rate CAGR of 7.6% during the forecast period. The global home healthcare market is expanding due to the increasing adoption of telehealth technology in the healthcare system, with the goal of providing high-quality medical services to patients remotely.

This statistic shows the revenue of the industry “home health care services“ in Florida from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of home health care services in Florida will amount to approximately 7.691,8 million U.S. Dollars by 2024.

Homecare Ventilator Market size was valued at USD 2,654.57 Million in 2023 and is projected to reach USD 4,259.36 Million by 2030, growing at a CAGR of 7.23% from 2024 to 2030.

Global Homecare Ventilator Market Overview

Continuous technological advancements, with innovations in sensors, connectivity, and artificial intelligence enhancing the performance, portability, and overall functionality of ventilators driving the growth of market. Acceptability of technology and monitoring tools from a service-user perspective is driving the market growth. Limited accessibility in developing regions and technical complexity is restraining the market. Patients appear to commonly accept home telemonitoring well. It may improve their behavior since it gives them a sense of security and raises their awareness of their own health and symptoms. The acceptability of technology and monitoring tools from a service-user perspective emerges as a fundamental driver shaping the Homecare Ventilator Market.

The willingness of individuals to adopt and incorporate these technological solutions into their daily lives significantly influences the market dynamics. From the perspective of service users, the acceptability of home care ventilator technology hinges on its user-friendliness and the perceived ease of integration into their routine. The more intuitive and straightforward the technology, the higher the likelihood of user acceptance. Manufacturers in the Homecare Ventilator Market increasingly prioritize user-friendly designs, incorporating features that are accessible and comprehensible for individuals with varying levels of technological proficiency. Monitoring tools play a pivotal role in driving acceptability. Service users often value devices that offer real-time data and monitoring capabilities, providing them with insights into their respiratory health.

The ability to observe and understand one’s condition fosters a sense of control and empowerment, positively influencing the acceptance of technology. Moreover, these tools enhance the communication between users and healthcare providers, facilitating a collaborative approach to managing respiratory conditions. The perceived reliability of technology is another critical aspect influencing its acceptability. Users are more likely to embrace home care ventilators when they have confidence in the accuracy and dependability of the monitoring tools. Robust connectivity features that enable seamless communication between the ventilator, healthcare providers, and caregivers contribute to the sense of security and trust that service users seek in such technologies.

The Home Health Hub Market is Segmented by Product and Services (Smartphone-Based, Standalone, Services), Type of Patient Monitoring (High-Acuity Patient Monitoring, Moderate-Acuity Patient Monitoring, Low-Acuity Patient Monitoring), End User (Hospitals, Healthcare Payers, Home Care Agencies), 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.

The global home healthcare services market is poised to grow from USD 382.15 billion in 2024 to USD 1.23 trillion by 2037, reflecting a CAGR of more than 9.4% during the forecast period, from 2025 to 2037. Key industry players include Amedisys, Inc., LHC Group Inc., Brookdale Senior Living Inc., among others.

Snapshot img

Home Healthcare Market Size 2024-2028

The home healthcare market size is forecast to increase by USD 395.7 million at a CAGR of 14% between 2023 and 2028.

The home healthcare market is experiencing significant growth, driven by an increasing preference for quality healthcare services that enhance patient satisfaction and convenience. The rising incidence of life-threatening diseases is further fueling demand for effective and accessible healthcare solutions. However, the industry faces challenges, including a shortage of skilled home healthcare professionals, which could hinder growth. To overcome this, companies are focusing on innovative strategies to attract and retain healthcare providers. 
Additionally, technological advancements are transforming the sector, enabling cost-effective and efficient care delivery, further driving market expansion. A&D Holon Holdings Co. Ltd. is a key player in this space, offering advanced medical devices for home use, such as the UA-1200BLE blood pressure monitor and UT-201BLE-A thermometer. These devices support accurate health assessments, aligning with the growing trend of home healthcare and telemedicine, ensuring patients receive high-quality care outside traditional medical settings.

What will be the Size of the Home Healthcare Market During the Forecast Period?

Request Free Sample

The market encompasses a range of healthcare services delivered to patients In their residences, addressing various chronic diseases and lifestyle diseases. This market's growth is driven by an increasing population of elderly individuals, a rising prevalence of chronic conditions, and a focus on improving patient satisfaction and healthcare quality. Reimbursements for home healthcare services continue to evolve, with insurance coverage expanding to include more chronic conditions and complications. Service delivery models are transforming through the integration of wearable sensors, mobile apps, and telehealth technologies. Patient monitoring and early detection are essential components of home healthcare, enabling effective management of chronic conditions and preventing complications.
Home healthcare professionals play a crucial role in ensuring patient safety, particularly for those with life-threatening diseases or neurological disorders. Healthcare costs remain a significant concern, leading to a growing emphasis on preventive measures and assistive technology. Chronic pain management and long-term care services are major areas of focus, with wearable technology and other innovations offering potential solutions. The market is expected to continue expanding, providing essential services to patients while addressing the unique challenges of delivering high-quality care in a home setting.

How is this Home Healthcare Industry segmented and which is the largest segment?

The home healthcare industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Products
  Services
  Solutions


Application

  Medical treatment
  Preventive healthcare


Indication

  Cancer
  Neurological Disorders
  Mobility Disorders
  Cardiovascular Disorders
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  Asia

    China


  Rest of World (ROW)

By Type Insights

The products segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of products and services catering to the growing needs of chronic illness patients, the aging population, and those with mobility issues, hypertension, diabetes, respiratory conditions, and neurological disorders, including Alzheimer's disease and Parkinson's disease. The market's expansion is driven by the rising demand for cost-effective alternatives to hospitalization, increasing awareness, and the post-pandemic period's shifting healthcare landscape. Home healthcare products, such as pulse oximeters, thermometers, and blood pressure monitors, play a crucial role in enabling patient self-care and monitoring. Telemedicine and remote patient monitoring further enhance patient outcomes by facilitating real-time communication between patients, caregivers, and healthcare professionals.

ISO 9000 certification ensures the quality of home healthcare services, while intensive care medicine and medical specialty services address acute care needs and antibody treatments for life-threatening diseases. Insurance companies and nursing staff play essential roles in facilitating insurance coverage, reimbursements, and service availability. Fraud prevention and patient safety are critical concerns for both patients and healthcare professionals. In conclusion, the market offers a diverse range

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

The market size of the Home Healthcare Software And Services Market is categorized based on Application (Homecare Agency, Hospice Agency, Private Duty) and Product (Agency Software, Clinical Management System, Hospice Solutions, Telehealth Solutions) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

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.

This statistic shows the revenue of the industry “home health care services“ in Washington from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of home health care services in Washington will amount to approximately 1.154,9 million U.S. Dollars by 2024.

Elderly Care Services Market Outlook

The global elderly care services market size was estimated at USD 1.2 trillion in 2023 and is projected to reach USD 2.5 trillion by 2032, growing at a CAGR of 8.5% during the forecast period. The growth of this market is primarily driven by the increasing aging population worldwide, rising chronic diseases, and the growing need for professional healthcare services for the elderly.

One of the primary growth factors in the elderly care services market is the demographic shift toward an aging population. According to the World Health Organization (WHO), the global population aged 60 years and older is expected to reach 2 billion by 2050, up from 900 million in 2015. This aging demographic is creating a significant demand for various elderly care services, including home care, adult day care, and institutional care. Moreover, with advancements in healthcare technology and better living standards, life expectancy is increasing, further necessitating the need for comprehensive elderly care services.

Another critical factor driving market growth is the rising incidence of chronic diseases among the elderly. Conditions such as diabetes, cardiovascular diseases, and arthritis are more prevalent among older adults, requiring continuous medical attention and care. The management of these chronic conditions often involves regular monitoring, medication management, and assistance with daily activities, which in turn fuels the demand for specialized elderly care services. Additionally, the growing awareness about the importance of mental health in old age is leading to the adoption of services that address cognitive health and dementia care.

The integration of technology in elderly care services is also a significant growth driver. Telehealth, remote patient monitoring, and mobile health apps are revolutionizing how elderly care is delivered. These technological advancements not only improve the quality of care but also make it more accessible and cost-effective. For instance, telehealth enables caregivers to monitor patients remotely, reducing the need for frequent hospital visits and allowing seniors to receive care in the comfort of their homes. Similarly, mobile health apps can help track medication schedules, appoint reminders, and provide health tips, enhancing the overall well-being of the elderly.

Regionally, the elderly care services market is witnessing robust growth across various geographies. North America leads the market owing to its advanced healthcare infrastructure, high disposable income, and a large aging population. Europe follows closely, driven by strong government support and well-established elderly care programs. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, attributed to rapid urbanization, increasing life expectancy, and growing awareness about elderly care services. Countries like Japan and China are at the forefront in this region, with significant investments in elderly care facilities and services. Latin America and the Middle East & Africa are also showing promising growth, albeit at a slower pace compared to other regions.

Retirement Communities are becoming increasingly popular as a preferred choice for elderly individuals seeking a vibrant and engaging lifestyle. These communities offer a range of amenities and services designed to enhance the quality of life for seniors, including recreational activities, wellness programs, and social events. Residents can enjoy the benefits of independent living while having access to support and care services as needed. The sense of community and belonging in these settings is a significant draw for many seniors, providing opportunities for social interaction and the development of meaningful relationships. As the aging population continues to grow, retirement communities are expected to play a crucial role in meeting the diverse needs and preferences of older adults.

Service Type Analysis

The elderly care services market is segmented into three primary service types: home care, adult day care, and institutional care. Home care services encompass a range of services provided in the patient's home, including medical care, personal care, and companionship. These services are highly preferred due to the comfort and familiarity of the home environment. Many elderly individuals and their families opt for home care to avoid the stress and disruption of moving to a new living arrangement. The inc

The UAE Home Healthcare Industry Report and It is Segmented by Product (Diagnostic Products, Therapeutic Products, Mobility Care Products), Service (Rehabilitation Therapy Services, Respiratory Therapy Services, Infusion Therapy Services, Other Services), and Software (Clinical Management Systems, Agency Software, Hospice Software). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The home healthcare market is predicted to capture a valuation of US$ 3.2 billion in 2023 and is estimated to grow at US$ 4.4 billion by 2033. The market is estimated to register a CAGR of 3.1% during the forecast period. Factors that drive the market size are given below:

How are Manufacturers Making Efforts in the Market Expansion?

Attributes	Details
Market CAGR (2023 to 2033)	3.1%
Market Valuation (2023)	US$ 3.2 billion
Market Valuation (2033)	US$ 4.4 billion

Top Two Segment in the Market

Segments	Product Type
Top Category	Infusion Systems
Historic CAGR	2.6%
Forecast CAGR	3.0%

Segments	Application
Top Category	Stoma Care
Historic CAGR	2.6%
Forecast CAGR	3.6%

Scope of Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2017 to 2022
Market Analysis	US$ billion for Value
Key Countries Covered	United States, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Northern Africa, and South Africa, Türkiye
Key Segments Covered	Product Type Application Region
Key Companies Profiled	Coloplast A/S B. Braun Melsungen AG Baxter International Inc. Hollister Incorporated Becton Dickinson and Co ConvaTec Group Plc Medtronic plc. Amedisys Home Health and Hospice Care American Well CVS Health Humana Inc. LHC Group Inc. Kindred Healthcare
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Snapshot img

Home Healthcare Services Market Size 2024-2028

The home healthcare services market size is forecast to increase by USD 51.53 billion at a CAGR of 10.03% between 2023 and 2028. The market is experiencing significant growth due to several key trends and drivers. The aging population, particularly those with chronic conditions such as pregnancy care services, cancer, respiratory conditions, cardiovascular conditions, hypertension, diabetes, hearing impairments, and others, are increasingly opting for home healthcare services for improved patient comfort and convenience. Additionally, the adoption of connected healthcare solutions, including telemedicine, home healthcare agencies, smart sensors, and telehealth platforms, is gaining acceptance among health organizations and patients. These technologies enable medical monitoring and remote patient care, addressing the limited availability of skilled workforce in remote areas. Overall, the home healthcare market is poised for growth, offering opportunities for innovation and improvement in patient care.

Request Free Sample

The home healthcare sector is experiencing significant growth due to the increasing prevalence of chronic illnesses and an aging population. According to health systems, home healthcare services offer patient comfort and convenience, making them an attractive alternative to traditional institutional care. The services segment, which includes telehealth and virtual medical services, is expected to dominate the market due to the growing adoption of remote patient monitoring and telemedicine. Home healthcare agencies provide a range of services, including skilled nursing care, rehabilitation segment, and medical social services. These services cater to various needs, such as physical therapy, occupational therapy, speech therapy, and personal care support.

Furthermore, the rehabilitation segment is projected to witness substantial growth due to the rising incidence of chronic diseases and the increasing preference for home-based care. Smart sensors and telehealth platforms enable healthcare organizations to monitor patients remotely and provide timely interventions, improving patient outcomes and reducing hospital readmissions. The integration of educational services and licensed healthcare providers further enhances the quality of care delivered through home healthcare services.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Therapeutic services
  Diagnostic services
  Others


Geography

  North America

    US


  Asia

    China
    India


  Europe

    Germany
    UK


  Rest of World (ROW)

By Application Insights

The therapeutic services segment is estimated to witness significant growth during the forecast period. Home healthcare services encompass a range of unskilled and skilled services designed to cater to the medical needs of individuals in the comfort of their homes. These services include medical expenditure for therapeutic, diagnostic, and mobility assistance for those with neurological and mental disorders, such as Alzheimer's disease and mobility disorders, as well as lifestyle diseases like obesity. Skilled nursing services are essential for critically ill patients or those at high risk of medical conditions, who may require home intensive care unit (ICU) services. Postoperative care, primary care, and geriatric population care are also integral parts of home healthcare services.

Furthermore, with healthcare reforms emphasizing value-based care services, patient monitoring devices have become increasingly important for remote patient monitoring and early intervention. Home healthcare services are a crucial component of the healthcare industry, providing essential care for individuals with diverse medical needs. Skilled healthcare professionals offer therapeutic services, including wound management and rehabilitation, to help patients recover from surgeries and medical conditions, ensuring optimal health outcomes.

Get a glance at the market share of various segments Request Free Sample

The therapeutic services segment was valued at USD 28.79 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions Request Free Sample

The market in North America is experiencing significant growth due to several factors. The increasing prevalence of chronic conditions such as neurological and mental disor