Published by Coherent Market Insights
Posted on September 20, 2021
4 min readLast updated: February 5, 2026
The Home Healthcare Market is set to reach $525,833.3 Mn by 2027, driven by rising chronic diseases and an aging population, with significant growth in North America and Asia Pacific.
Home Healthcare Market: The report provides a valuable source of insightful data for business strategists and competitive analysis of Home Healthcare Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
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Home healthcare is focused medical care or support specifically provided by a trained professional caregiver within the patient’s home, rather than primary care offered in nursing homes or clinics. Home healthcare is sometimes referred to as domiciliary support, social assistance, or in-house care. The term home healthcare is generally used to refer to all forms of in-home care, regardless of whether the services are provided by medical professionals or family members. Some of the more common types of home healthcare services are personal care services, escort services, physical therapy, and respite care among others. Several different home healthcare agencies throughout the United States offer a wide range of different services to individuals who may require extended health care or medical assistance for symptoms associated with various diseases or conditions.
Chronic diseases are increasing every day across the globe, which is augmenting the growth of the global home healthcare market. For instance, according to the International Diabetes Federation Diabetes Atlas, in 2019, there were around 463 million individuals in the globe suffering from diabetes. Moreover, the rapid increase of the geriatric population is also fueling the growth of the global home healthcare market.
There are several things that a home healthcare agency will do for an individual or patient. They will often interview the person or persons visiting the patient, administer a physical examination, recommend medication, set up a treatment plan, and refer the individual or the patient to appropriate medical providers if needed. For those individuals or patients who do not wish to see a physician, they may also be referred to or required to participate in a clinical trial or follow-up visit, or be asked to complete a series of health counseling sessions. However, sometimes home medical devices can lead to severe health disorders and can also misguide treatment therapy, and these factors are standing in the way of the growth of the global home healthcare market.
Chronic diseases are getting more prevalent in North America, which is why this region is witnessing high demand in the home healthcare market. For instance, according to the American Cancer Society, currently, there are around 1.9 million cancer cases in the United States. Moreover, easily affordable health policies and the advance of healthcare through modern technologies are also promoting the growth of the home healthcare market. The home healthcare market in the Asia Pacific region is also witnessing high demand owing to the expansion of medical facilities in the region. Owing to all these factors, there have been some significant industrial developments in the global home healthcare market. For instance, in March 2019, ResMed acquired HB Healthcare.
Top Key Players Include In Home Healthcare Market: 3M, Abbott Laboratories, Bayer AG, Becton, Dickinson and Company, Cardinal Health, F. Hoffmann-La Roche Ltd., GE Healthcare, Gentiva Health Services, Inc., Invacare Corporation, Johnson & Johnson Services, Inc., The Linde Group, Medtronic, Inc., Omron Healthcare, Inc., AdaptHealth, Current Health, Baxter International Inc., Optum (United Healthcare), Outset Medical, and Regeneron Pharmaceuticals, Inc.
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The post Home Healthcare Market Size to reach US$ 525,833.3 Mn by 2027 , At a CAGR of 8.2% | Home Healthcare Industry Trends, Statistics, Future Growth, Top Companies, Merger appeared first on Gatorledger.
The main topic is the growth and trends of the global Home Healthcare Market, projected to reach $525,833.3 Mn by 2027.
The growth is driven by the increasing prevalence of chronic diseases and the aging global population.
North America and Asia Pacific are leading due to high chronic disease rates and expanding medical facilities.
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