Home healthcare refers to a wide range of healthcare services that can be given in at home for an illness or injury. These services include various equipment and therapies along with software to help the physicians to plan efficient treatment procedures in the home-care settings. These services include various equipment, therapies, and diagnosis along with software to help the physicians to plan efficient treatment procedures in the home-care settings.
Market Dynamics:
Rise in burden of chronic diseases, high incidence of surgical procedures, growing geriatric (aging) population, rise in demand for better healthcare services, increase in preference for personalized care, and technological advancements in home healthcare are major factors expected to propel the growth of the US home healthcare market over the forecast period.
For instance, in March 2022, Axxess announced the launch of a fully independent palliative care software solution. Axxess Palliative Care is latest innovation in Axxess' complete suite of solutions developed for organizations that provide care in the home.
Moreover, in February 2022, CVS Pharmacy launched home healthcare products as an extension of the company's CVS Health product line. The new products include convertible shower chairs, easy-fold travel walkers, and canes with comfort grips
Key features of the study:
- This report provides in-depth analysis of the US home healthcare market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the US home healthcare market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Medline Industries Inc., Medtronic Plc, 3M Healthcare, Baxter International Inc., B. Braun Melsungen AG, Hoffman-La Roche AG, and Nxstage Medical (Fresenius Medical Care), among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The US home healthcare market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the US home healthcare market.
Detailed Segmentation:
- U.S. Home Healthcare Market, By Services
- Skilled Home Healthcare Services
- Physician/Primary Care
- Nursing Care
- Physical/Occupational/Speech Therapy
- Nutritional Support
- Hospice & Palliative Care
- Others
- Unskilled Home Healthcare Services
- U.S. Home Healthcare Market, By Equipment
- Therapeutic Equipment
- Home Respiratory Therapy Equipment
- Insulin Delivery Devices
- Home IV Pumps
- Home Dialysis Equipment
- Other Therapeutic Equipment
- Diagnostic Equipment
- Diabetic Care Unit
- BP Monitors
- Multi Para Diagnostic Monitors
- Home Pregnancy & Fertility Kits
- Apnea & Sleep Monitors
- Holter Monitors
- Heart Rate Monitors
- Other Diagnostic Equipment
- Mobility Assist Devices
- Wheelchair
- Home Medical Furniture
- Walking Assist Devices
- Company Profiles
- Medline Industries Inc.
- Medtronic Plc
- 3M Healthcare
- Baxter International Inc.
- B. Braun Melsungen AG
- F. Hoffman-La Roche AG
- Nxstage Medical (Fresenius Medical Care)