Canada Home Healthcare Market Size & Outlook, 2023-2030
Canada home healthcare market, 2018-2030 (US$M)
Related Markets
Canada home healthcare market highlights
- The Canada home healthcare market generated a revenue of USD 13,454.9 million in 2023 and is expected to reach USD 24,448.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.9% 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.
Home healthcare market data book summary
| Market revenue in 2023 | USD 13,454.9 million |
| Market revenue in 2030 | USD 24,448.5 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 3.4% of the global home healthcare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. home healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 24,448.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 84.26% in 2023. Horizon Databook has segmented the Canada home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
In the recent years, Canada has witnessed an increased dependence on care in home settings as compared to institutional forms of healthcare. Many Canadians prefer to receive rehabilitative, chronic or palliative care at home as compared to hospitals and other care healthcare organizations. As per the Statistic Canada, nearly 8% of Canadians belonging to 65 years and above received home healthcare for chronic diseases.
Moreover, the increasing aging population and rising incidence of target diseases such dementia and other mental disorders also contribute towards the growing demand for home healthcare in this region. According to Statistics Canada, there was 8% increase in the number of people aged 85 & above from 2016-2021, representing more than twice the rise of the overall Canadian population.
The population aged 100 & above in Canada increased by 16% from 2016-2021. By 2050, the population of people above 85 years of age in Canada is expected to reach 2.7 million.
Reasons to subscribe to Canada home healthcare market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada home healthcare market databook
-
Our clientele includes a mix of home healthcare market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Canada home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Canada home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada home healthcare market size, by component, 2018-2030 (US$M)
Canada Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
No records
No related regions found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
