The global Home Healthcare Market, valued at US$285.3 billion in 2024, stood at US$309.9 billion in 2025 and is projected to advance at a resilient Compound Annual Growth Rate – CAGR of 8.9% from 2025 to 2030, culminating in a forecasted valuation of US$473.8 billion by the end of the period.
This growth is driven by the rising elderly population, which is more prone to chronic conditions such as hypertension, diabetes, and cardiovascular diseases, increasing the need for ongoing care at home.
The rapid adoption of telehealth and remote patient monitoring technologies is making healthcare more accessible and convenient, while growing public awareness about the benefits of early diagnosis and preventive care is further boosting demand.
In addition, technological advancements in home healthcare devices are making them more user-friendly and affordable, accelerating their adoption across both developed and developing regions.
By product, the home healthcare market is segmented into testing, screening, and monitoring products; therapeutic products; and mobility care products. In 2024, therapeutic products held the largest share.
This dominance is largely attributed to the increasing prevalence of chronic diseases such as diabetes, cancer, and kidney failure, which require ongoing treatment and management. As more patients seek convenient, long-term care solutions, there is a growing reliance on therapeutic equipment that can be used safely and effectively at home.
These products, including infusion pumps, dialysis machines, and respiratory therapy devices, play a crucial role in improving patient outcomes while reducing hospital visits. The rising demand for personalized and continuous care has solidified the position of therapeutic items as a key driver in the home healthcare market.
By services, the home healthcare market, based on service, is divided into skilled nursing services, rehabilitation therapy services, hospice & palliative care services, unskilled care services, respiratory therapy services, infusion therapy services, and pregnancy care services.
In 2024, skilled nursing services accounted for the largest share of the home healthcare market. This leading position is primarily due to the increasing demand for professional medical care at home, particularly among the elderly population.
As people age, they are more likely to develop complex and chronic health conditions requiring continuous monitoring, medication administration, wound care, and post-surgical support, typically delivered by licensed nurses.
Source: MarketandMarkets (analysis), Home Health News
