With 7.2% CAGR, US Home Healthcare Services Market: Growth Factors and Applications and Forecast 2029
Posted on Sep 19 2023 6:21 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.
The Global "U.S. Home Healthcare Services Market" Is Anticipated To Develop At A Significant Growth Rate Over The Analysis Period 2023-2030. The U.S. Home Healthcare Services Market Report comes with an extensive industry analysis of development components, patterns, flows, and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2023-2030. The report may be the best of what is a geographic area that expands the competitive landscape and industry perspective of the market.
The report provides a comprehensive analysis of this U.S. Home Healthcare Services Market considering the approaches utilized by industrialists. There are some specific approaches used to safeguard their distance in the market and enduring the development of business would be the variables covered in the report. For any item, there are numerous companies playing their part in the market, some new, some based and some planning to arrive at the 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
Players Covered in U.S. Home Healthcare Services Market are:
- Amedisys, Inc. (Louisiana, U.S.)
- LHC Group Inc. (Louisiana, U.S.)
- Encompass Home Health & Hospice (Alabama, U.S.)
- Brookdale Senior Living Solutions (Tennessee, U.S.)
- Trinity Health at Home (Michigan, U.S.)
- Kindred Healthcare, LLC (Kindred at Home) (Kentucky, U.S.)
- AccentCare. (Texas, U.S.)
- Bayada Home Healthcare (Pennsylvania, U.S.)
- Other Prominent Players
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.
Scope of the U.S. Home Healthcare Services Market:
Global U.S. Home Healthcare Services Market research report contains the extensive use of secondary and primary data sources. The research process focuses on multiple factors impacting the industry such as aggressive landscape, government coverage, historical data, market present position, market trends, upcoming technologies, and innovations in addition to risks, rewards, challenges, and opportunities. To be able to validate market volume market, manufacturers, regional analysis, product sections, and end users/applications study use Top-down and bottom-up approaches.
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• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Objective to buy this Report:
☛ The depth of industry analysis by SWOT Analysis, Porter’s Five Force Analysis, and Cost Structure Analysis.
☛ This report covers different regional and country-level markets of U.S. Home Healthcare Services Market .
☛ It describes the current situation, historical background, and future forecast of the U.S. Home Healthcare Services Market .
☛ Comprehensive data showing U.S. Home Healthcare Services Market capacity, production, consumption, trading statistics, and pricing.
☛ Market forecasts for the next five years are also available, including market size and price by top leading vendors.
The major points covered in the table of contents:
Overview: This part provides a summary of the report, as well as a broad overview of the global U.S. Home Healthcare Services Market, to offer an understanding of the nature and contents of the research study.
Market Analysis: The research forecasts the market share of key segments of the U.S. Home Healthcare Services Market with accuracy and reliability. This study may be used by industry participants to make strategic investments in key growth areas of theU.S. Home Healthcare Services Market.
Analysis of Leading Players’ Strategies: This report can be used by market participants to acquire a competitive advantage over their rivals in the U.S. Home Healthcare Services Market.
Regional Growth Analysis: The report covers all of the key areas and countries. The regional analysis will assist market players in tapping into untapped regional markets, developing unique regional strategies, and comparing the growth of all regional markets.
Market Forecasts: Report purchasers will get access to precise and validated estimations of the entire market size in terms of both value and volume. The study also includes estimates for U.S. Home Healthcare Services Market in terms of consumption, production, sales, and other factors.
Reasons to Buy our Report:
The study consists of analytical details of the global U.S. Home Healthcare Services Market with current trends and future estimates to illustrate the impending investment pocket.
Global U.S. Home Healthcare Services Market potential is determined by understanding profitability trends in order to gain stronger coverage in the market.
This report on U.S. Home Healthcare Services Market provides information on key impact factors, limitations, and opportunities along with a detailed impact analysis.
The current U.S. Home Healthcare Services Market is quantitatively analyzed from 2023 to 2030 to emphasize the financial capacity of the market.
Porter’s five force analyses show buyer and supplier power.
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
Table of Contents:
Introduction of the Global U.S. Home Healthcare Services Market
Overview of the Market
Scope of Report
Research Methodology of Fortune Business Insights
List of Data Sources
Global U.S. Home Healthcare Services Market Outlook
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
Rest of the World
Global U.S. Home Healthcare Services Market Competitive Landscape
Company Market Ranking
Key Development Strategies
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