China Home Healthcare Market Size & Outlook, 2023-2030
China home healthcare market, 2018-2030 (US$M)
Related Markets
China home healthcare market highlights
- The China home healthcare market generated a revenue of USD 15,576.7 million in 2023 and is expected to reach USD 29,468.7 million by 2030.
- The China market is expected to grow at a CAGR of 9.5% 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 15,576.7 million |
| Market revenue in 2030 | USD 29,468.7 million |
| Growth rate | 9.5% (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, China accounted for 4.0% 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 Asia Pacific, China home healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,562.9 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 |
|---|
China 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 84.28% in 2023. Horizon Databook has segmented the China home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of chronic disorders and growing geriatric population are some of the major factors contributing to the growth of China Home Healthcare market. As a result of these factors, the demand for Home Healthcare in China has increased over time. In China, the prevalence of cardiovascular diseases has increased in recent decades.
According to a 2019 report published in JAMA Cardiology by Liu S et al., the prevalence of these diseases has more than doubled since 1990, reaching almost 94 million in 2016. As a result, the usage of patient monitoring devices for cardiology applications has increased, which is expected to further grow, thereby driving the overall market growth.
For instance, in December 2018, GE Healthcare partnered with Lonza to establish a biologics facility in China. This helped the company expand its geographic reach while decreasing operating costs.
Reasons to subscribe to China 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 China 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 China home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into China home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China home healthcare market size, by component, 2018-2030 (US$M)
China 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
