Newly-released Pediatric Home Healthcare Market analysis report by Future Market Insights reveals that global sales of the Pediatric Home Healthcare Market in 2022 were held at US$ 37.9 Billion. With a CAGR of 16.3% from 2023 to 2033, the market is projected to reach a valuation of US$ 197 Billion by 2033. Rehabilitation Therapy Services are expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 15% from 2023 to 2033.
| Attribute | Details |
|---|---|
| Global Pediatric Home Healthcare Market (2023) | US$ 38 Billion |
| Global Pediatric Home Healthcare Market (2033) | US$ 197 Billion |
| Global Pediatric Home Healthcare Market CAGR (2023 to 2033) | 16.3% |
| USA Pediatric Home Healthcare Market CAGR (2023 to 2033) | 17.8% |
| Key Companies Profiled |
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As per the Pediatric Home Healthcare Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased at around 15.2% CAGR.
The market is being driven by an increase in the number of children who require special care, increased awareness of residential healthcare, technological developments, and rising disposable income. The advancement of medical intervention methods has resulted in an increase in neonatal life expectancy.
The rising frequency of chronic conditions in children, such as cerebral palsy, congenital heart disease, cystic fibrosis, muscular dystrophy, cancer, and epilepsy, has allowed key businesses to enter the pediatric home healthcare sector. Furthermore, the parents’ growing inclination towards preventive measures and avoiding hospitalizations, has been leading to their increased inclination to pediatric home healthcare services. Besides, the companies have also been broadening their service provisions to offer both short and long-term home care services.
One of the primary factors in the worldwide market's growth is the growing frequency of preterm births throughout the world. Nearly 15 million preterm infants are born each year throughout the world. Long-term intellectual and developmental abnormalities, as well as difficulties with the lungs, brain, heart, and eyes, have been linked to these kids. They need the highest level of care, which will include ongoing medical treatment with the help of pediatric care at home.
During the projected period, the market for Pediatric home healthcare in Asia Pacific is predicted to develop at a healthy rate. Premature newborns and neonatal babies have a better chance of surviving in developing nations thanks to developments in medical technology; yet, these babies are at a higher risk of developing physical and neurological abnormalities, necessitating in-home Pediatric care. As a result, BAYADA Home Health Care has expanded into India, South Korea, and New Zealand.
Factors such as the rising number of preterm babies born every year and the increased frequency of several cardiac, congenital neurological, and respiratory diseases throughout the world are driving the global market. During the projected period, the market is likely to develop due to advancements in technology and growing public awareness of pediatric house care.
Based on statistics from the National Institute of Health, every year, around 8,000 to 12,000 infants with cerebral palsy are born in the United States. Congenital heart disease is one the most ubiquitous congenital ailment which is affecting 0.8% to 1.2% of all live births worldwide, with an incidence rate of roughly 1% in the United States. These factors are leading to market growth.
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Because of rising awareness of home-based pediatric medical services, increased spending on pediatric healthcare, and the surge in modern practices, North America dominated the global market in 2022. The market in the region is forecasted to grow at a CAGR of 17.7% during the forecast period.
The market in the Asia Pacific is being driven due to a significant increase in the survival rate of neonates and premature infants. Premature babies are likely to have neurological and physical issues, which demand in-home pediatric care.
The United States is expected to have the highest market accounting for US$ 66.6 Billion by the end of 2033. Favorable payment rules in the United States, where Medicaid covers the bulk of pediatric care services, are propelling the industry forward. Due to an increase in the number of complicated illnesses in babies in the United States, long-term morbidity from multiple chronic diseases following preterm delivery has decreased significantly. As a result, there has been a surge in demand for pediatric home healthcare.
The market in the UK is expected to reach a valuation of US$ 9.2 Billion by 2033, growing at a CAR of 16.3% from 2023 to 2033. The market during the forecast period is expected to witness an absolute dollar opportunity of US$ 7.2 Billion.
In Japan, the market is projected to upscale at a CAGR of 17.3% from 2023 to 2033, reaching a valuation of US$ 8.4 Billion by 2033. During the forecast period, the market is expected to witness an absolute dollar opportunity of US$ 6.7 Billion.
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The Rehabilitation Therapy Services segment is forecasted to grow at the highest CAGR of over 15% from 2023 to 2033. Due to the increased risk of preterm neonates suffering from muscular and neurological impairments, the rehabilitation therapy services sector led the market and produced the highest revenue in 2022. Furthermore, several rehabilitation service providers for the pediatric population, such as occupational therapy, speech therapy, and physical therapy, account for a substantial share of the market for pediatric house healthcare.
During the projected period, the skilled nursing services segment is expected to increase at a rapid pace. Children with complex medical conditions such as cerebral palsy, cystic fibrosis, asthma, and epilepsy require these services. These services have significantly reduced the costs of inpatient care for children, due to which the market for services is steadily expanding.
Key companies in the pediatric home healthcare market are substantially investing in the development of innovative technologies to treat children's developmental and intellectual issues. To boost their market penetration, companies are adopting strategies such as collaborations, partnerships, raising financing, and acquisitions. The companies are also focusing on expanding their presence to go near their customers.
Some of the recent developments of key pediatric home healthcare providers are as follows:
Similarly, the team at Future Market Insights has tracked recent developments related to the companies in Pediatric Home Healthcare Market, which are available in the full report.
The pediatric home healthcare market is worth US$ 38 billion in 2023.
The pediatric home healthcare market is predicted to rise at a 16.3% CAGR through 2033.
The pediatric home healthcare market is estimated to be worth US$ 197 billion by 2033.
The rehabilitation therapy services segment leads the pediatric home healthcare market with a projected CAGR of 15% through 2033.
North America holds prominence, with a projected CAGR of 17.7% through 2033.
1. Executive Summary | Pediatric Home Healthcare Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Specialty 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Specialty, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Specialty, 2023 to 2033 5.3.1. Skilled Nursing Services 5.3.2. Personal Care Assistance 5.3.3. Rehabilitation Therapy Services 5.4. Y-o-Y Growth Trend Analysis By Specialty, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Specialty, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 6.1. Introduction 6.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 6.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 6.3.1. North America 6.3.2. Latin America 6.3.3. Europe 6.3.4. Asia Pacific 6.3.5. Middle East and Africa 6.4. Market Attractiveness Analysis By Region 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 7.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 7.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 7.2.1. By Country 7.2.1.1. USA 7.2.1.2. Canada 7.2.2. By Specialty 7.3. Market Attractiveness Analysis 7.3.1. By Country 7.3.2. By Specialty 7.4. Key Takeaways 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. Brazil 8.2.1.2. Mexico 8.2.1.3. Rest of Latin America 8.2.2. By Specialty 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Specialty 8.4. Key Takeaways 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Germany 9.2.1.2. UK 9.2.1.3. France 9.2.1.4. Spain 9.2.1.5. Italy 9.2.1.6. Russia 9.2.1.7. Rest of Europe 9.2.2. By Specialty 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Specialty 9.4. Key Takeaways 10. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. China 10.2.1.2. Japan 10.2.1.3. India 10.2.1.4. South Korea 10.2.1.5. Australia 10.2.1.6. Rest of APAC 10.2.2. By Specialty 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Specialty 10.4. Key Takeaways 11. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. South Africa 11.2.1.2. Saudi Arabia 11.2.1.3. UAE 11.2.1.4. Israel 11.2.1.5. Rest of MEA 11.2.2. By Specialty 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Specialty 11.4. Key Takeaways 12. Key Countries Market Analysis 12.1. USA 12.1.1. Pricing Analysis 12.1.2. Market Share Analysis, 2022 12.1.2.1. By Specialty 12.2. Canada 12.2.1. Pricing Analysis 12.2.2. Market Share Analysis, 2022 12.2.2.1. By Specialty 12.3. Brazil 12.3.1. Pricing Analysis 12.3.2. Market Share Analysis, 2022 12.3.2.1. By Specialty 12.4. Mexico 12.4.1. Pricing Analysis 12.4.2. Market Share Analysis, 2022 12.4.2.1. By Specialty 12.5. Germany 12.5.1. Pricing Analysis 12.5.2. Market Share Analysis, 2022 12.5.2.1. By Specialty 12.6. UK 12.6.1. Pricing Analysis 12.6.2. Market Share Analysis, 2022 12.6.2.1. By Specialty 12.7. France 12.7.1. Pricing Analysis 12.7.2. Market Share Analysis, 2022 12.7.2.1. By Specialty 12.8. Spain 12.8.1. Pricing Analysis 12.8.2. Market Share Analysis, 2022 12.8.2.1. By Specialty 12.9. Italy 12.9.1. Pricing Analysis 12.9.2. Market Share Analysis, 2022 12.9.2.1. By Specialty 12.10. Russia 12.10.1. Pricing Analysis 12.10.2. Market Share Analysis, 2022 12.10.2.1. By Specialty 12.11. China 12.11.1. Pricing Analysis 12.11.2. Market Share Analysis, 2022 12.11.2.1. By Specialty 12.12. Japan 12.12.1. Pricing Analysis 12.12.2. Market Share Analysis, 2022 12.12.2.1. By Specialty 12.13. India 12.13.1. Pricing Analysis 12.13.2. Market Share Analysis, 2022 12.13.2.1. By Specialty 12.14. South Korea 12.14.1. Pricing Analysis 12.14.2. Market Share Analysis, 2022 12.14.2.1. By Specialty 12.15. Australia 12.15.1. Pricing Analysis 12.15.2. Market Share Analysis, 2022 12.15.2.1. By Specialty 12.16. South Africa 12.16.1. Pricing Analysis 12.16.2. Market Share Analysis, 2022 12.16.2.1. By Specialty 12.17. Saudi Arabia 12.17.1. Pricing Analysis 12.17.2. Market Share Analysis, 2022 12.17.2.1. By Specialty 12.18. UAE 12.18.1. Pricing Analysis 12.18.2. Market Share Analysis, 2022 12.18.2.1. By Specialty 12.19. Israel 12.19.1. Pricing Analysis 12.19.2. Market Share Analysis, 2022 12.19.2.1. By Specialty 13. Market Structure Analysis 13.1. Competition Dashboard 13.2. Competition Benchmarking 13.3. Market Share Analysis of Top Players 13.3.1. By Regional 13.3.2. By Specialty 14. Competition Analysis 14.1. Competition Deep Dive 14.1.1. Aveanna Healthcare, Inc. 14.1.1.1. Overview 14.1.1.2. Product Portfolio 14.1.1.3. Profitability by Market Segments 14.1.1.4. Sales Footprint 14.1.1.5. Strategy Overview 14.1.1.5.1. Marketing Strategy 14.1.2. DJK Home Healthcare LLC 14.1.2.1. Overview 14.1.2.2. Product Portfolio 14.1.2.3. Profitability by Market Segments 14.1.2.4. Sales Footprint 14.1.2.5. Strategy Overview 14.1.2.5.1. Marketing Strategy 14.1.3. BAYADA Home Health Care 14.1.3.1. Overview 14.1.3.2. Product Portfolio 14.1.3.3. Profitability by Market Segments 14.1.3.4. Sales Footprint 14.1.3.5. Strategy Overview 14.1.3.5.1. Marketing Strategy 14.1.4. Tendercare Home Health 14.1.4.1. Overview 14.1.4.2. Product Portfolio 14.1.4.3. Profitability by Market Segments 14.1.4.4. Sales Footprint 14.1.4.5. Strategy Overview 14.1.4.5.1. Marketing Strategy 14.1.5. BrightStar Care 14.1.5.1. Overview 14.1.5.2. Product Portfolio 14.1.5.3. Profitability by Market Segments 14.1.5.4. Sales Footprint 14.1.5.5. Strategy Overview 14.1.5.5.1. Marketing Strategy 14.1.6. Angels of Care Pediatric Home Health 14.1.6.1. Overview 14.1.6.2. Product Portfolio 14.1.6.3. Profitability by Market Segments 14.1.6.4. Sales Footprint 14.1.6.5. Strategy Overview 14.1.6.5.1. Marketing Strategy 14.1.7. New England Home Care, Inc. 14.1.7.1. Overview 14.1.7.2. Product Portfolio 14.1.7.3. Profitability by Market Segments 14.1.7.4. Sales Footprint 14.1.7.5. Strategy Overview 14.1.7.5.1. Marketing Strategy 14.1.8. Pediatric Home Healthcare 14.1.8.1. Overview 14.1.8.2. Product Portfolio 14.1.8.3. Profitability by Market Segments 14.1.8.4. Sales Footprint 14.1.8.5. Strategy Overview 14.1.8.5.1. Marketing Strategy 14.1.9. Enviva Paediatric Care 14.1.9.1. Overview 14.1.9.2. Product Portfolio 14.1.9.3. Profitability by Market Segments 14.1.9.4. Sales Footprint 14.1.9.5. Strategy Overview 14.1.9.5.1. Marketing Strategy 14.1.10. Interim Healthcare Inc. 14.1.10.1. Overview 14.1.10.2. Product Portfolio 14.1.10.3. Profitability by Market Segments 14.1.10.4. Sales Footprint 14.1.10.5. Strategy Overview 14.1.10.5.1. Marketing Strategy 14.1.11. eKidzCare 14.1.11.1. Overview 14.1.11.2. Product Portfolio 14.1.11.3. Profitability by Market Segments 14.1.11.4. Sales Footprint 14.1.11.5. Strategy Overview 14.1.11.5.1. Marketing Strategy 14.1.12. MGA Homecare 14.1.12.1. Overview 14.1.12.2. Product Portfolio 14.1.12.3. Profitability by Market Segments 14.1.12.4. Sales Footprint 14.1.12.5. Strategy Overview 14.1.12.5.1. Marketing Strategy 14.1.13. At Home Healthcare 14.1.13.1. Overview 14.1.13.2. Product Portfolio 14.1.13.3. Profitability by Market Segments 14.1.13.4. Sales Footprint 14.1.13.5. Strategy Overview 14.1.13.5.1. Marketing Strategy 14.1.14. ParaMed 14.1.14.1. Overview 14.1.14.2. Product Portfolio 14.1.14.3. Profitability by Market Segments 14.1.14.4. Sales Footprint 14.1.14.5. Strategy Overview 14.1.14.5.1. Marketing Strategy 15. Assumptions & Acronyms Used 16. Research Methodology
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Pediatric Home Healthcare Market
