At a Striking 7.2% CAGR, US Home Healthcare Services Market : Technology Functions, Future Prospects and Forecast 2029

Posted on Sep 13 2023 3:31 AM

"U.S. Home Healthcare Services Market Size, Share & COVID-19 Impact Analysis, By Type (Physician Care, Nursing Care, Physical, Occupational & Speech Therapy, Medical Social Services, and Others), By Payor (Public Health Insurance and Private Health Insurance/Out of Pocket), and Forecast, 2022-2029 "

The U.S. home healthcare services market size was valued at USD 88.50 billion in 2021. The market is projected to grow from USD 94.17 billion in 2022 to USD 153.19 billion by 2029, exhibiting a CAGR of 7.2% during the forecast period. 

Fortune Business Insights study on the Global "U.S. Home Healthcare Services Market" provides users with a comprehensive understanding of the industry, including market definitions, categories, sectors, applications, engagements, and trends. The research also includes a detailed description of the Global U.S. Home Healthcare Services Market's categorization, processes, and interactions. Additionally, the study offers in-depth business profiles of the leading companies and competitors in the Global U.S. Home Healthcare Services Market, who are driving the market and setting significant trends.

In addition to market forecasts and dynamics, the research features Porter's Five Forces analysis that covers the competitive forces within the Global U.S. Home Healthcare Services Market, such as consumer bargaining power, seller negotiating ability, the threat of substitutes, and the level of competition. The market ecosystem, which includes system integrators, middlemen, and end-users, is also described. Furthermore, the level of competition is a crucial aspect of this investigation as it highlights the various participants involved in All the market definitions, categories, sectors, applications, engagements, and market trends in the Global U.S. Home Healthcare Services Market.

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Note - This report sample includes:

  • Brief Introduction to the research report.
  • Table of Contents (Scope covered as a part of the study)
  • Top players in the market
  • Research framework (structure of the report)
  • The research methodology adopted by Fortune Business Insights

The study report offers a comprehensive analysis of Global U.S. Home Healthcare Services Market size across the globe as regional and country-level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Global U.S. Home Healthcare Services Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Global U.S. Home Healthcare Services Market will be able to gain the upper hand as they use the report as a powerful resource.

This report also covers Analysis based on SWOT Analysis, providing the Strengths, Weaknesses, Opportunities, and Threats for a better understanding of the market. Also, the Porter Five Forces Model for the Global U.S. Home Healthcare Services Market will be provided.

Overview of the market:

The report presents an overview of the market with the production of the cost, dispatch, application, use volume, and arrangement. The U.S. Home Healthcare Services Market research report offers significant bits of information into the business focus from the early stage including some steady techniques chalked out by perceptible market pioneers to develop a strong foothold and development in the business. Moreover, the important areas of the U.S. Home Healthcare Services Market market are also assessed on the basis of their performance.

Research Methodology:

The research methodology employs a combination of primary and secondary studies as well as expert panel reviews. Press releases, yearly reports, and academic articles are examples of sources used for secondary research in the sector. Trade periodicals, official blogs, and business magazines are other sources. Porter’s Five Factors analysis, which outlines the five forces in the global market is included in the study. The financial statements of all the major players are examined, together with their important trends, product benchmarking, and SWOT analysis, by analysts

U.S. Home Healthcare Services Market Drivers:

Market expansion is fueled by the elderly's rising prevalence of chronic diseases.

Chronic diseases like diabetes, dementia, cardiac disorders, and other conditions affect older adults more frequently. As the elderly population in the U.S. S. Grows, so does the requirement for ongoing health condition monitoring. As an illustration, a Reuters article from 2021 states that the U.S. S. Age 65 and older made up 16.5 percent of the population, and by 2030, that number is projected to increase to 74 million. The demand for home healthcare services in the country is predicted to increase due to the significant increase in chronic diseases among the geriatric population, which increases the need for daily assistance at home and ongoing monitoring. The majority of home health agency billing for services that are not medically necessary or billing for amenities that are not provided, despite the fact that home healthcare fraud can take many different forms. The growth of the US home healthcare services market may be hampered by the extremely high risk of fraud in in-home healthcare.

Top Manufactures Listed in the U.S. Home Healthcare Services Market Report are: -

  • Astra Zeneca
  • GlaxoSmithKline
  • Mylan N.V.
  • Fresenius Kabi
  • Teva Pharmaceutical Industries
  • B. Braun Medical
  • Aspen Holdings

Regional Analysis Covered in this Report:

  • North America (USA and Canada)
  • Europe (UK, Germany, France and the rest of Europe)
  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  • Latin America (Brazil, Mexico, and the rest of Latin America)
  • Middle East and Africa (GCC and rest of the Middle East and Africa)

Reasons Why You Should Buy This Report:

  •  To gain an in-depth understanding of the Global U.S. Home Healthcare Services Market
  • To obtain research-based business decisions and add weight to presentations and marketing strategies
  • To gain competitive knowledge of leading market players
  • It gives a pinpoint investigation of changing rivalry elements and keeps you in front of contenders.
  • It helps in settling on educated business choices by having total bits of knowledge of the market and by making inside and out an investigation of market sections.

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Regional Landscape:

Declare some of the factors that directly affect the market including production strategies, business methods, development platforms, and product models. It will also detail recorded revenues by these given regions. Additionally, the U.S. Home Healthcare Services Market report includes specific insights into various development plans at the country level, potential market constraints, and other revenue growth restraints. Geographically, the Regions covered in the report:

* North America ( United States, Canada, and Mexico)
* Europe (Germany, France, United Kingdom, and the Rest of Europe)
* Asia-Pacific (Japan, Korea, India, Southeast Asia, and Australia)
* South America (Brazil, Argentina, and the Rest of South America)
* Middle East & Africa (Saudi Arabia, UAE, Egypt, and the Rest of the Middle East & Africa)

Table of Contents:

Introduction of the Global U.S. Home Healthcare Services Market

  • Overview of the Market
  • Scope of Report
  • Assumptions 

Executive Summary

Research Methodology of Fortune Business Insights

  • Data Mining
  • Validation
  • Primary Interviews
  • List of Data Sources 

Global U.S. Home Healthcare Services Market Outlook

  • Overview
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Porters Five Force Model
  • Value Chain Analysis 

Global U.S. Home Healthcare Services Market, By Product

Global U.S. Home Healthcare Services Market, By Application

Global U.S. Home Healthcare Services Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World 

Global U.S. Home Healthcare Services Market Competitive Landscape

  • Overview
  • Company Market Ranking
  • Key Development Strategies 

Company Profiles

Appendix

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