Home Healthcare Market Report 2025

The home healthcare market size has grown strongly in recent years. It will grow from $385.96 billion in 2024 to $422.62 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to aging population, rising chronic diseases, cost-effective alternatives, patient preference for homecare, government initiatives, skilled healthcare workforce.

The home healthcare market size is expected to see rapid growth in the next few years. It will grow to $646.13 billion in 2029 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to global health events, telehealth expansion, home hospitalization models, value-based care, personalized medicine. Major trends in the forecast period include advancements in technology, remote monitoring expansion, integration of IoT and wearable devices, focus on chronic disease management, expanding home health technology ecosystem, collaboration and partnerships in the healthcare ecosystem.

The rapid growth of the aging population is significantly driving the expansion of the home healthcare market. As the number of elderly individuals increases, there will be a heightened demand for healthcare services, given that older adults are more susceptible to chronic diseases. This trend positively influences the home healthcare market by extending the reach of various home health services and reducing the need for unnecessary travel, hospital admissions, and related inconveniences. For example, in January 2023, the United Nations, a US-based intergovernmental organization, reported that there were 761 million people aged 65 and older globally in 2021, a figure projected to rise to 1.6 billion by 2050. Thus, the significant increase in the elderly population is a crucial factor driving the growth of the home healthcare market.

The rising prevalence of chronic disorders is expected to significantly drive the growth of the home healthcare market in the coming years. Chronic disorders are defined as long-term medical conditions that typically progress slowly and can persist for extended periods, often throughout a person's life. Home healthcare is vital for the comprehensive management of chronic diseases, providing individualized, patient-centered care in a familiar environment. For instance, in January 2023, the National Institutes of Health, a US-based government agency, projected that by 2035, approximately 35.66% (with a range of 33.36% to 36.04%) of adults aged 50 and older will have at least one chronic condition. This percentage is expected to increase to 47.81% (ranging from 46.09% to 49.71%) by 2050. Therefore, the growing prevalence of chronic disorders is a key factor driving the expansion of the home healthcare market.

Major companies are focusing on product innovations, particularly remote care systems, to increase profitability. For example, in October 2022, CommScope launched the HomeSight System, a connected care platform utilizing the TV for real-time remote care services, including patient monitoring, video consultations, and social interaction. The user-friendly system aims to enhance remote care, reduce isolation, and support independent living in various healthcare settings.

Major companies in the home healthcare market are concentrating on developing advanced solutions, such as personal home healthcare management systems, to enhance patient outcomes and improve the efficiency of care delivery. Personal home healthcare management involves a range of services and technologies that help individuals manage their health and wellness from the comfort of their own homes. For example, in September 2023, Merago Inc., a US-based digital health technology firm, launched home healthcare services in India in partnership with Portea Medical, establishing the Merago Digital Healthcare Network. This initiative aims to offer a comprehensive range of services, including urgent and postoperative care, directly to patients’ homes. By utilizing technology, this collaboration seeks to improve accessibility and efficiency in healthcare delivery, addressing the growing demand for home-based solutions in response to an aging population and the rise of chronic diseases.

In June 2023, Addus HomeCare, a US-based provider of home healthcare services, acquired Tennessee Quality Care for $106 million. This acquisition enables Addus to expand its offerings in home health, hospice, and private duty services in Tennessee, thereby enhancing its presence in key markets. Tennessee Quality Care is a US-based healthcare company specializing in home health and hospice services.

Major companies operating in the home healthcare market include CVS Health Corporation, McKesson Corporation, MediCar Home Health Services Inc., Humana Inc., Fresenius SE & Co. KGaA, Medline Industries LP, Becton Dickinson and Company, Koninklijke Philips N.V., Baxter International Inc., B. Braun Melsungen AG, Kindred Healthcare Inc., Encompass Health Corporation, ResMed Inc., Brookdale Senior Living Inc., Maxim Healthcare Services Inc., Amedisys Inc., AccentCare Inc., OMRON Healthcare Inc. (Omron Corporation), LHC Group Inc., Enhabit Home Health & Hospice LLC, Addus HomeCare Corporation, Invacare Corporation, Zorgers, American Well Corporation, Honor Home Care Inc.,A&D Company Limited, Grand World Elder Care, Sunrise Senior Living LLC.

North America was the largest region in the home healthcare market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the home healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the home healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Home healthcare refers to supportive care provided by professional caregivers in patients' homes, offering a cost-effective means of delivering quality care and avoiding hospitalization. Activities related to keeping home healthcare equipment in working condition are included.

The main types of equipment in home healthcare are therapeutic, diagnostic, and mobility care. Therapeutic equipment refers to a set of activities conducted to keep it in working condition. The therapeutic equipment includes home respiratory therapy, insulin delivery devices, IV pumps, and others. The different indications include cardiovascular disorders & hypertension, diabetes, respiratory diseases, pregnancy, cancer, wound care, and others, and involve various services such as rehabilitation services, respiratory therapy services, infusion therapy services, and others.

The home healthcare market research report is one of a series of new reports that provides home healthcare market statistics, including home healthcare industry global market size, regional shares, competitors with a home healthcare market share, detailed home healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the home healthcare industry. This home healthcare market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The home healthcare market includes revenues earned by entities by physical, occupational, and/or speech therapy, medical social services, care from home health aides, and homemaker or basic assistance care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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