Sickle cell disease is the most commonly inherited blood disorder in the U.S. Children with sickle cell disease experience recurring episodes of severe pain and face ongoing medical challenges. Receiving early and consistent medical care and treatment can reduce complications and help children lead active lives. Asthma, being the most common chronic disease in children, has affected more than 4.5 million children in U.S. have asthma.
The COVID-19 pandemic has increased demand for home healthcare services due to restrictions on movement and social distancing measures. Moreover, the number of children and youth with special healthcare needs (CYSHCN) is increasing, which necessitates the provision of pediatric home healthcare services. These services can improve the child's quality of life and significantly reduce medical expenses. The rehabilitation therapy service market is expected to grow the fastest CAGR during the forecast period, due to the neurological and muscular challenges faced by premature infants. Including home healthcare services under medical insurance helps cover medical expenses for children, which provides an additional benefit to parents in managing home healthcare services for their children financially.
U.S. Pediatric Home Healthcare Market Report Highlights
- Based on service, the rehabilitation therapy services segment led the market with the largest revenue share of 60.27% in 2023, owing to the increased prevalence of chronic disorders in children
- The personal care assistance segment is expected to grow at a significant CAGR over the forecast period
- In July 2022, Pediatric Home Service (PHS) in the U.S. expanded its comprehensive care services into Kansas, Missouri, and Nebraska through the acquisition of Craig HomeCare and Cherub Medical Supply, with further plans to broaden its reach nationwide by adding more partner organizations and service lines
Table of Contents
Companies Mentioned
- Aveanna Healthcare, LLC
- Care Options for Kids
- Pediatric Home Service
- Pediatric Home Healthcare
- At Home Healthcare
- Entrusted Pediatric Home Care
- Children’s Home Care
- Interim HealthCare Inc.
- Continuum Pediatric Nursing
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | May 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 12.53 Billion |
Forecasted Market Value ( USD | $ 21.24 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | United States |
No. of Companies Mentioned | 9 |