Russia Home Healthcare Market Size & Outlook, 2023-2030
Russia home healthcare market, 2018-2030 (US$M)
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Russia home healthcare market highlights
- The Russia home healthcare market generated a revenue of USD 4,340.2 million in 2023 and is expected to reach USD 7,532.1 million by 2030.
- The Russia market is expected to grow at a CAGR of 8.2% 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 4,340.2 million |
| Market revenue in 2030 | USD 7,532.1 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 |
Other key industry trends
- In terms of revenue, Russia accounted for 1.1% 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 Europe, Germany home healthcare market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 31,237.8 million by 2030.
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Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 84.68% in 2023. Horizon Databook has segmented the Russia home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Federal Compulsory Medical Insurance Fund provides healthcare facilities in Russia, & it is regulated by the Ministry of Health. Public health providers are the cornerstone of Russia’s healthcare system. However, these resources are overburdened in Russia and suffer due to a lack of adequate funding in the infectious diseases ward, Russia has roughly 221,000 hospital beds in 2020.
Since the beginning of the COVID-19 epidemic, the number of infectious disease beds expanded dramatically. Before 2020, the hospital bed count steadily declined. Due to the excessive burden on hospitals and public healthcare systems in Russia, the home healthcare market appears poised to grow in this region.
The country has adopted the Semashko model to improve primary care. Under this model, the visit to the patient’s home by general physicians has been shifted to specialized home-visit services, propelling the market.
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Our clientele includes a mix of home healthcare market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Russia home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia home healthcare market size, by component, 2018-2030 (US$M)
Russia Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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