Market revenue in 2023 | USD 27,984.7 million |
Market revenue in 2030 | USD 48,646.5 million |
Growth rate | 8.2% (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 |
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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 83.76% in 2023. Horizon Databook has segmented the Germany home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the European countries with the highest senior population. According to data from the World Bank's collection of development indicators, 22.17% of Germans were over 65 years of age in 2021. In addition, Germany also has one of the fastest growth rate of elderly population. As per OECD data, approximately 33% of population in Germany will be above 65 years of age and nearly 15% is expected to be above 80 years of age by 2050.
The system of universal healthcare coverage in Germany is favoring the growth of home healthcare market. As per the Commonwealth Fund document titled “International Health Care System Profiled,” home care in Germany is covered by Long-Term Care Insurance (LTCI).
Zana Technologies is one of the top companies in Germany offering new home care technologies. For instance, in November 2020, Zana Technologies received Class I CE mark in the EU market for its new artificial intelligence-based health monitoring platform Tidda AI.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Germany home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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