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[250 Pages Report] The home care services market is slated to grow at a CAGR of 9% during 2022-2032.
“Demand for private home care services for maid will remain high as individuals working in dual working households find it difficult to manage work and home together.”
With time being in short supply and the onset of smartphones along with the internet, home care services are a perfect fit to serve the present generation. While every tin item is available online, consumers are seeking home care services too.
As per Forbes, three-quarters of the workforce will consist of millennial who prefer using smartphones instead of pliers. Established home care service providers are shifting from conventional models of customer services – real estate and property management – to on-demand home care services to remain competitive in the marketplace.
Attributes | Details |
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Home Care Services Market Size (2020) | US$ 16 Billion |
Home Care Services Market (2022 to 2032) | 9% |
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“In-home care services for seniors will rise as number of elderly populace are living independently.”
With lives becoming considerably faster and convenience gaining top priority among consumers, home care services are witnessing ever-increasing demand.
Majority of home care service users – about 55% - browse through various websites before scheduling appointments. Several home care service agencies are investing in digital solutions, such as smartphone apps, to fetch a larger consumer base.
Recent studies reveal that about 78% of local searches on smartphones result in purchases within 24 hours. Players entering into the digital ecosystem will increase their odds for better returns. Furthermore, the presence of cost-effective solutions to set up on-demand delivery apps is lowering the bars for new market entrants.
“As financial assistance is difficult to come by, numerous home care providers are experimenting with various advantages to make it more reasonable.”
The home care services market is primarily facing the challenge of low availability of labor force. Majority of laborers are turning to industrial areas, wherein demand for workforce is ever-growing in tandem with better payroll.
Moreover, lack of skilled workers is setting forth a huge challenge for market players. Leading home care providers are conducting stringent hiring processes and are focusing on imparting proper training to their existing staff, as well as trying to give affordable assistance to the users.
That being said, emerging players in the market are lax regarding the professional history of their workers and lack ample resources or budget to up-skill them.
Due to the COVID-19 pandemic, demand for private home care services, such as cooking and housekeeping, and companionship services are witnessing notable decline.
On the flip side, adoption of home care services is increasing in the commercial sector. As the corporate and manufacturing sectors are coming back to normal, cleaning and sanitization regimens are becoming a necessity in every nook and corner of workplaces.
Moving forward, several private healthcare centers are providing home care services to COVID-19 patients in home quarantine. Especially in India, the government has allowed home treatment for patients who can undergo self-isolation without affecting other members at home.
“North America continues to offer opportunities of growth and profitability in the global health care service market over the following decade.”
Easy availability of labor in tandem with rising chronic disease cases are majorly responsible for home care services in the region. In the US alone, cardiovascular diseases (CVD) and cancer account for nearly half of mortalities.
In addition, in-home elderly care services are high, with about 97% requiring aid with bathing, and 91% requiring aid transferring in and out of bed. While the majority of home care services in the US are Medicare certified, about 80% are Medicaid certified.
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Attributes | Details |
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Forecast Period | 2022 to 2032 |
Historical Data available for | 2015 to 2020 |
Market Analysis | USD Million for Value |
By Duration |
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By Service |
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By Region |
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1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Investment Feasibility Matrix 3.6. PESTLE and Porter’s Analysis 3.7. Regulatory Landscape 3.7.1. By Key Regions 3.7.2. By Key Countries 3.8. Regional Parent Market Outlook 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Service Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) Analysis By Service Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Service Type, 2022-2032 5.3.1. Home Health Care Services 5.3.2. Home Non-Health Care Services 5.4. Y-o-Y Growth Trend Analysis By Service Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Service Type, 2022-2032 Deep-dive segmentation will be available in the sample on request 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 6.1. Introduction 6.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021 6.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 6.3.1. North America 6.3.2. Latin America 6.3.3. Europe 6.3.4. Asia Pacific 6.3.5. Middle East and Africa 6.4. Market Attractiveness Analysis By Region 7. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 7.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 7.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 7.2.1. By Country 7.2.1.1. U.S. 7.2.1.2. Canada 7.2.2. By Service Type 7.3. Market Attractiveness Analysis 7.3.1. By Country 7.3.2. By Service Type 7.4. Key Takeaways 8. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 8.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 8.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 8.2.1. By Country 8.2.1.1. Brazil 8.2.1.2. Mexico 8.2.1.3. Rest of Latin America 8.2.2. By Service Type 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Service Type 8.4. Key Takeaways 9. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. Germany 9.2.1.2. U.K. 9.2.1.3. France 9.2.1.4. Spain 9.2.1.5. Italy 9.2.1.6. Russia 9.2.1.7. Rest of Europe 9.2.2. By Service Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Service Type 9.4. Key Takeaways 10. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. China 10.2.1.2. Japan 10.2.1.3. India 10.2.1.4. South Korea 10.2.1.5. Australia 10.2.1.6. Rest of APAC 10.2.2. By Service Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Service Type 10.4. Key Takeaways 11. Middle East and Africa Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. South Africa 11.2.1.2. Saudi Arabia 11.2.1.3. UAE 11.2.1.4. Israel 11.2.1.5. Rest of MEA 11.2.2. By Service Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Service Type 11.4. Key Takeaways 12. Key Countries Market Analysis 12.1. U.S. 12.1.1. Pricing Analysis 12.1.2. Market Share Analysis, 2021 12.1.2.1. By Service Type 12.2. Canada 12.2.1. Pricing Analysis 12.2.2. Market Share Analysis, 2021 12.2.2.1. By Service Type 12.3. Brazil 12.3.1. Pricing Analysis 12.3.2. Market Share Analysis, 2021 12.3.2.1. By Service Type 12.4. Mexico 12.4.1. Pricing Analysis 12.4.2. Market Share Analysis, 2021 12.4.2.1. By Service Type 12.5. Germany 12.5.1. Pricing Analysis 12.5.2. Market Share Analysis, 2021 12.5.2.1. By Service Type 12.6. U.K. 12.6.1. Pricing Analysis 12.6.2. Market Share Analysis, 2021 12.6.2.1. By Service Type 12.7. France 12.7.1. Pricing Analysis 12.7.2. Market Share Analysis, 2021 12.7.2.1. By Service Type 12.8. Spain 12.8.1. Pricing Analysis 12.8.2. Market Share Analysis, 2021 12.8.2.1. By Service Type 12.9. Italy 12.9.1. Pricing Analysis 12.9.2. Market Share Analysis, 2021 12.9.2.1. By Service Type 12.10. Russia 12.10.1. Pricing Analysis 12.10.2. Market Share Analysis, 2021 12.10.2.1. By Service Type 12.11. China 12.11.1. Pricing Analysis 12.11.2. Market Share Analysis, 2021 12.11.2.1. By Service Type 12.12. Japan 12.12.1. Pricing Analysis 12.12.2. Market Share Analysis, 2021 12.12.2.1. By Service Type 12.13. India 12.13.1. Pricing Analysis 12.13.2. Market Share Analysis, 2021 12.13.2.1. By Service Type 12.14. South Korea 12.14.1. Pricing Analysis 12.14.2. Market Share Analysis, 2021 12.14.2.1. By Service Type 12.15. Australia 12.15.1. Pricing Analysis 12.15.2. Market Share Analysis, 2021 12.15.2.1. By Service Type 12.16. South Africa 12.16.1. Pricing Analysis 12.16.2. Market Share Analysis, 2021 12.16.2.1. By Service Type 12.17. Saudi Arabia 12.17.1. Pricing Analysis 12.17.2. Market Share Analysis, 2021 12.17.2.1. By Service Type 12.18. UAE 12.18.1. Pricing Analysis 12.18.2. Market Share Analysis, 2021 12.18.2.1. By Service Type 12.19. Israel 12.19.1. Pricing Analysis 12.19.2. Market Share Analysis, 2021 12.19.2.1. By Service Type 13. Market Structure Analysis 13.1. Competition Dashboard 13.2. Competition Benchmarking 13.3. Market Share Analysis of Top Players 13.3.1. By Regional 13.3.2. By Service Type 14. Competition Analysis 14.1. Competition Deep Dive 14.1.1. Australian Home Care Services 14.1.1.1. Overview 14.1.1.2. Product Portfolio 14.1.1.3. Profitability by Market Segments 14.1.1.4. Sales Footprint 14.1.1.5. Strategy Overview 14.1.1.5.1. Marketing Strategy 14.1.2. Apria Healthcare Group Inc. 14.1.2.1. Overview 14.1.2.2. Product Portfolio 14.1.2.3. Profitability by Market Segments 14.1.2.4. Sales Footprint 14.1.2.5. Strategy Overview 14.1.2.5.1. Marketing Strategy 14.1.3. B. Braun Melsungen AG 14.1.3.1. Overview 14.1.3.2. Product Portfolio 14.1.3.3. Profitability by Market Segments 14.1.3.4. Sales Footprint 14.1.3.5. Strategy Overview 14.1.3.5.1. Marketing Strategy 14.1.4. Blue Ribbon Community Care Ltd 14.1.4.1. Overview 14.1.4.2. Product Portfolio 14.1.4.3. Profitability by Market Segments 14.1.4.4. Sales Footprint 14.1.4.5. Strategy Overview 14.1.4.5.1. Marketing Strategy 14.1.5. Fresenius Se & Co KGAa 14.1.5.1. Overview 14.1.5.2. Product Portfolio 14.1.5.3. Profitability by Market Segments 14.1.5.4. Sales Footprint 14.1.5.5. Strategy Overview 14.1.5.5.1. Marketing Strategy 14.1.6. GE Healthcare 14.1.6.1. Overview 14.1.6.2. Product Portfolio 14.1.6.3. Profitability by Market Segments 14.1.6.4. Sales Footprint 14.1.6.5. Strategy Overview 14.1.6.5.1. Marketing Strategy 14.1.7. Kindred at Home 14.1.7.1. Overview 14.1.7.2. Product Portfolio 14.1.7.3. Profitability by Market Segments 14.1.7.4. Sales Footprint 14.1.7.5. Strategy Overview 14.1.7.5.1. Marketing Strategy 14.1.8. Homecare Services of SD, Inc. 14.1.8.1. Overview 14.1.8.2. Product Portfolio 14.1.8.3. Profitability by Market Segments 14.1.8.4. Sales Footprint 14.1.8.5. Strategy Overview 14.1.8.5.1. Marketing Strategy 14.1.9. Interim HealthCare Inc. 14.1.9.1. Overview 14.1.9.2. Product Portfolio 14.1.9.3. Profitability by Market Segments 14.1.9.4. Sales Footprint 14.1.9.5. Strategy Overview 14.1.9.5.1. Marketing Strategy 14.1.10. Invacare Corporation 14.1.10.1. Overview 14.1.10.2. Product Portfolio 14.1.10.3. Profitability by Market Segments 14.1.10.4. Sales Footprint 14.1.10.5. Strategy Overview 14.1.10.5.1. Marketing Strategy 15. Assumptions & Acronyms Used 16. Research Methodology
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Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032 Table 2: Global Market Value (US$ Mn) Forecast By Service Type, 2017-2032 Table 3: North America Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 4: North America Market Value (US$ Mn) Forecast By Service Type, 2017-2032 Table 5: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 6: Latin America Market Value (US$ Mn) Forecast By Service Type, 2017-2032 Table 7: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 8: Europe Market Value (US$ Mn) Forecast By Service Type, 2017-2032 Table 9: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 10: Asia Pacific Market Value (US$ Mn) Forecast By Service Type, 2017-2032 Table 11: Middle East and Africa Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 12: Middle East and Africa Market Value (US$ Mn) Forecast By Service Type, 2017-2032
Figure 1: Global Market Value (US$ Mn) By Service Type, 2022-2032 Figure 2: Global Market Value (US$ Mn) by Region, 2022-2032 Figure 3: Global Market Value (US$ Mn) Analysis by Region, 2017-2032 Figure 4: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032 Figure 5: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032 Figure 6: Global Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 7: Global Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 8: Global Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 9: Global Market Attractiveness By Service Type, 2022-2032 Figure 10: Global Market Attractiveness by Region, 2022-2032 Figure 11: North America Market Value (US$ Mn) By Service Type, 2022-2032 Figure 12: North America Market Value (US$ Mn) by Country, 2022-2032 Figure 13: North America Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 14: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 15: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 16: North America Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 17: North America Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 18: North America Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 19: North America Market Attractiveness By Service Type, 2022-2032 Figure 20: North America Market Attractiveness by Country, 2022-2032 Figure 21: Latin America Market Value (US$ Mn) By Service Type, 2022-2032 Figure 22: Latin America Market Value (US$ Mn) by Country, 2022-2032 Figure 23: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 24: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 25: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 26: Latin America Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 27: Latin America Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 28: Latin America Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 29: Latin America Market Attractiveness By Service Type, 2022-2032 Figure 30: Latin America Market Attractiveness by Country, 2022-2032 Figure 31: Europe Market Value (US$ Mn) By Service Type, 2022-2032 Figure 32: Europe Market Value (US$ Mn) by Country, 2022-2032 Figure 33: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 34: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 35: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 36: Europe Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 37: Europe Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 38: Europe Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 39: Europe Market Attractiveness By Service Type, 2022-2032 Figure 40: Europe Market Attractiveness by Country, 2022-2032 Figure 41: Asia Pacific Market Value (US$ Mn) By Service Type, 2022-2032 Figure 42: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032 Figure 43: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 44: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 45: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 46: Asia Pacific Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 47: Asia Pacific Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 48: Asia Pacific Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 49: Asia Pacific Market Attractiveness By Service Type, 2022-2032 Figure 50: Asia Pacific Market Attractiveness by Country, 2022-2032 Figure 51: Middle East and Africa Market Value (US$ Mn) By Service Type, 2022-2032 Figure 52: Middle East and Africa Market Value (US$ Mn) by Country, 2022-2032 Figure 53: Middle East and Africa Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 54: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 55: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis By Service Type, 2017-2032 Figure 57: Middle East and Africa Market Value Share (%) and BPS Analysis By Service Type, 2022-2032 Figure 58: Middle East and Africa Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032 Figure 59: Middle East and Africa Market Attractiveness By Service Type, 2022-2032 Figure 60: Middle East and Africa Market Attractiveness by Country, 2022-2032
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