PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1397305
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1397305
The global home healthcare market analysis report by Fairfield Market Research reveals that in 2024, global sales in the home healthcare market reached US$ 370 billion. The market is expected to reach a valuation of US$ 1000 Brillion by 2031. Rehabilitation therapy services are predicted to be the highest revenue-generating segment during 2024 to 2031.
The United States leads the long-term care industry due to factors such as a growing aging population, increasing disposable income, government support, and a simplified regulatory framework.
The market in the United Kingdom is expected to expand due to an aging population, rising chronic illnesses (e.g., Alzheimer's, dementia, orthopedic disorders), technological advancements, increased awareness, and sufficient insurance coverage.
Major market players are focusing on mergers and acquisitions to explore opportunities in the home healthcare field. Key players in the home healthcare market include Pediatric Home Healthcare, Interim Healthcare Inc., ParaMed, Aveanna Healthcare, MGA Homecare, CVS Health, Kindred Healthcare Inc., Brookdale Senior Living, Inc., Fresenius Medical Care, and Baxter International, Inc.