Pediatric Home Healthcare Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
17 Jul, 2023
The global pediatric home healthcare market size is expected to grow from $39.52 billion in 2022 to $43.22 billion in 2023 at a compound annual growth rate (CAGR) of 9.36%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pediatric home healthcare market size is expected to reach $62.93 billion in 2027 at a CAGR of 9.85%.
Global Pediatric Home Healthcare Market Key Driver
The rising prevalence of chronic diseases is projected to take the paediatric home healthcare industry forward. Chronic diseases are long-term health concerns that require ongoing medical treatment and management. Heart disease, cancer, stroke, diabetes, and arthritis are the most frequent types of chronic diseases. If a kid is recovering from medical treatment or has a persistent disease, paediatric home healthcare can provide therapies in the comfort of their own home. These services allow children to receive care from licenced professionals in their own surroundings, avoiding lengthy hospital visits.
Get a sample of the global pediatric home healthcare market reportGlobal Pediatric Home Healthcare Market Segments
The global pediatric home healthcare market is segmented:
1) By Service: Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services
2) By Device: Diagnostic And Monitoring Devices, Therapeutic Devices, Home Mobility Assist Devices
3) By Application: Premature Babies, Cardiovascular Disease, Complex Intravenous Therapy, Pediatric Oncology, Chronic Disease, Infectious Disease, Other Applications
4) By Geography: The regions covered in the pediatric home healthcare market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global pediatric home healthcare market.
Major Pediatric Home Healthcare Industry Players
Aveanna Healthcare Inc., BAYADA Home Health Care, Tendercare Home Health, BrightStar Care, Angels of Care Pediatric Home Health, New England Home Care Inc., Pediatric Home Healthcare, Enviva Paediatric Care, Interim Healthcare Inc., eKidzCare, MGA Homecare, At Home Healthcare, ParaMed, Kindred Healthcare LLC, LHC Group Inc., National HealthCare Corporation, OMRON Corporation, Air Liquide, B. Braun Melsungen AG, BPL Medical Technologies, Cardinal Health, Sunrise Medical LLC, Maxim Healthcare Services, Team Select Home Care, Portea Medical
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Pediatric Home Healthcare Market Overview
Pediatric home healthcare is the provision of medical and non-medical services to children in their homes. It entails caring for and supporting children with complicated medical needs, chronic illnesses, or impairments.
Pediatric Home Healthcare Global Market Report 2023 provides data on the global pediatric home healthcare market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The pediatric home healthcare market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.