Philippines Home Healthcare Market Size & Outlook

The home healthcare market in Philippines is expected to reach a projected revenue of US$ 4,261.6 million by 2030. A compound annual growth rate of 9.9% is expected of Philippines home healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,196.6
Forecast, 2030 (US$M)
$4,261.6
CAGR, 2024 - 2030
9.9%
Report Coverage
Philippines

Philippines home healthcare market highlights

  • The Philippines home healthcare market generated a revenue of USD 2,196.6 million in 2023 and is expected to reach USD 4,261.6 million by 2030.
  • The Philippines market is expected to grow at a CAGR of 9.9% 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 2023USD 2,196.6 million
Market revenue in 2030USD 4,261.6 million
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentEquipment
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment, Services
Key market players worldwideB. 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, Philippines accounted for 0.6% 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.

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Home Healthcare Market Companies

Name Profile # Employees HQ Website

Philippines 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 Philippines home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.


The rising aging population, urbanization, and increasing disposable income is creating demand for home healthcare in Philippines. In addition, lack of infrastructure along with shortage of skilled professionals is putting strain on the healthcare system, therefore, creating opportunities for home healthcare market. The healthcare system with the support of the private healthcare providers is being dominated by the public sector.

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Target buyers of Philippines 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 Philippines home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Philippines home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Philippines home healthcare market size, by component, 2018-2030 (US$M)

Philippines Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)

Philippines home healthcare market size, by component, 2018-2030 (US$M)

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