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Home Care Services Market

Market Insights on Home Care Services covering sales outlook, demand forecast & up-to-date key trends

Home Care Services Market By Service, Duration & Region - Forecast to 2022-2032

Home Care Services Market Overview (2022-2032)

[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

Home Care Services Market Size (2020)

US$ 16 Bn

Home Care Services Market (2022-2032)

9%

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What are the Drivers of the Home Care Services Market?

“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.

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Principal Consultant
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What are the Growth Restraints in the Home Care Services Market?

“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.

What is the Impact of COVID-19 on the Home Care Services Market?

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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Key Segments

Attributes

Details

Forecast Period

2022-2032

Historical Data available for

2015-2020

Market Analysis

USD Million for Value

By Duration

  • Daily
  • Weekly
  • Monthly
  • Quarterly
  • Annually

By Service

  • Maid services
  • Nursing services
  • Healthcare services

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Players

Frequently Asked Questions

The home care services market is expected to register a CAGR of 9% from 2022 to 2032.

The healthcare sector is a key driver in the home care services market.

The North American region is anticipated to dominate the home care services market during the forecast period.

The home care services market is likely to hold a valuation of US$ 45 billion by 2032.

The current valuation of the home care services market in 2022 is US$ 19.01 billion.

Table of Content

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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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 Home Care Services 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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List of Tables

Table 1: Global Home Care Services Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Table 3: North America Home Care Services Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 4: North America Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Table 5: Latin America Home Care Services Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 6: Latin America Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Table 7: Europe Home Care Services Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 8: Europe Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Table 9: Asia Pacific Home Care Services Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 10: Asia Pacific Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Table 11: Middle East and Africa Home Care Services Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 12: Middle East and Africa Home Care Services Market Value (US$ Mn) Forecast By Service Type, 2017-2032

Nikhil Kaitwade
Principal Consultant
LinkedIn
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Find your sweet spots for generating winning opportunities in this market.

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List of Charts

Figure 1: Global Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 2: Global Home Care Services Market Value (US$ Mn) by Region, 2022-2032

Figure 3: Global Home Care Services Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 4: Global Home Care Services Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 5: Global Home Care Services Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 6: Global Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 7: Global Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 8: Global Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 9: Global Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 10: Global Home Care Services Market Attractiveness by Region, 2022-2032

Figure 11: North America Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 12: North America Home Care Services Market Value (US$ Mn) by Country, 2022-2032

Figure 13: North America Home Care Services Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 14: North America Home Care Services Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 15: North America Home Care Services Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 16: North America Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 17: North America Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 18: North America Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 19: North America Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 20: North America Home Care Services Market Attractiveness by Country, 2022-2032

Figure 21: Latin America Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 22: Latin America Home Care Services Market Value (US$ Mn) by Country, 2022-2032

Figure 23: Latin America Home Care Services Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 24: Latin America Home Care Services Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 25: Latin America Home Care Services Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 26: Latin America Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 27: Latin America Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 28: Latin America Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 29: Latin America Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 30: Latin America Home Care Services Market Attractiveness by Country, 2022-2032

Figure 31: Europe Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 32: Europe Home Care Services Market Value (US$ Mn) by Country, 2022-2032

Figure 33: Europe Home Care Services Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 34: Europe Home Care Services Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 35: Europe Home Care Services Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 36: Europe Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 37: Europe Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 38: Europe Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 39: Europe Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 40: Europe Home Care Services Market Attractiveness by Country, 2022-2032

Figure 41: Asia Pacific Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 42: Asia Pacific Home Care Services Market Value (US$ Mn) by Country, 2022-2032

Figure 43: Asia Pacific Home Care Services Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 44: Asia Pacific Home Care Services Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 45: Asia Pacific Home Care Services Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 46: Asia Pacific Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 47: Asia Pacific Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 48: Asia Pacific Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 49: Asia Pacific Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 50: Asia Pacific Home Care Services Market Attractiveness by Country, 2022-2032

Figure 51: Middle East and Africa Home Care Services Market Value (US$ Mn) By Service Type, 2022-2032

Figure 52: Middle East and Africa Home Care Services Market Value (US$ Mn) by Country, 2022-2032

Figure 53: Middle East and Africa Home Care Services Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 54: Middle East and Africa Home Care Services Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 55: Middle East and Africa Home Care Services Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 56: Middle East and Africa Home Care Services Market Value (US$ Mn) Analysis By Service Type, 2017-2032

Figure 57: Middle East and Africa Home Care Services Market Value Share (%) and BPS Analysis By Service Type, 2022-2032

Figure 58: Middle East and Africa Home Care Services Market Y-o-Y Growth (%) Projections By Service Type, 2022-2032

Figure 59: Middle East and Africa Home Care Services Market Attractiveness By Service Type, 2022-2032

Figure 60: Middle East and Africa Home Care Services Market Attractiveness by Country, 2022-2032

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Published : December 2016

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Home Care Services Market