North America Home Healthcare Market Size & Outlook
North America home healthcare market, 2018-2030 (US$M)
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North America home healthcare market highlights
- The North America home healthcare market generated a revenue of USD 166,240.4 million in 2023.
- The market is expected to grow at a CAGR of 7.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 166,240.4 million |
| Market revenue in 2030 | USD 278,044.5 million |
| Growth rate | 7.6% (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, North America region accounted for 42.6% 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 |
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North America 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 North America home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounted for the largest market share in the home healthcare market. The large geriatric population in this region coupled with sophisticated healthcare infrastructure and relatively high disposable incomes are some key drivers of this market.
Moreover, an increasing number of government initiatives which aim to curb healthcare expenditure levels, by promoting home healthcare is expected to serve as a vital impact rendering driver.
In addition, by 2030, one in five Americans will be above 65 years of age. Around 90% of the population aged above 65 in the U.S. is expected to have one or more chronic diseases requiring long-term care. Home healthcare services are very useful for the geriatric population, as they enable elderly people to manage chronic conditions at home, thereby reducing hospital visits and cost of treatment.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America home healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into North America home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America home healthcare market size, by country, 2018-2030 (US$M)
North America Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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