Asia Pacific Home Healthcare Market Size & Outlook
Asia Pacific home healthcare market, 2018-2030 (US$M)
Related Markets
Asia Pacific home healthcare market highlights
- The Asia Pacific home healthcare market generated a revenue of USD 73,513.9 million in 2023.
- The market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Singapore is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 73,513.9 million |
| Market revenue in 2030 | USD 134,040.4 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | B. Braun, Abbott Laboratories, Sunrise Medical, 3M Co, Baxter International Inc, Medtronic PLC, Cardinal Health Inc, Roche Holding AG ADR, Air Liquide SA, Amedisys Inc, Fresenius Medical Care AG, Arkray, Becton Dickinson & Co, OMRON Corp, Drive Medical, GE Aerospace, Medline Industries, Koninklijke Philips NV, Johnson & Johnson, Linde PLC, Vygon, Teleflex Inc, Moog Inc A, Fresenius SE & Co KGaA, Bayer AG, UnitedHealth Group Inc, Brookdale Senior Living Inc, Sunrise Senior Living, Genesis Healthcare Inc Class A, Extendicare Inc, Sonida Senior Living Inc, Home Instead |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.8% of the global home healthcare market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 134,040.4 million by 2030.
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Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific home healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home healthcare market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 84.29% in 2023. Horizon Databook has segmented the Asia Pacific home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is majorly driven by China and Japan. China dominated the overall Home Healthcare market in terms of revenue share. This can be attributed to the local presence of major market players and increasing prevalence of chronic disorders.
Thailand, Australia, South Korea, and New Zealand are some of the emerging countries in the rest of this region. Technological advancements in patient monitoring devices and increasing geriatric population coupled with growing prevalence of lifestyle diseases, such as obesity & diabetes, are anticipated to drive the growth of Home Healthcare market.
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Target buyers of Asia Pacific home healthcare market databook
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Our clientele includes a mix of home healthcare market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific home healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific home healthcare market size, by country, 2018-2030 (US$M)
Asia Pacific Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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