Global Unskilled Home Healthcare Market – Industry Trends and Forecast to 2029

Global Unskilled Home Healthcare Market, By Products (Patient Diagnosis/Treatment Devices, Assistive Technology Based Devices, Enteral Feeding Device, Others), Type (Devices, Services, Software), Disease (Heart Diseases, Hypertension, Bone and Joint Diseases, Diabetes, Chronic Obstructive Pulmonary Diseases, Obesity, Dementia/Alzheimer's Diseases, Infective Diseases (HIV/AIDS), Parkinson’s Diseases, Smoking, Asthma, Depression), Distribution Channel (Direct Tenders, Retail Sales) – Industry Trends and Forecast to 2029

Market Analysis and Size

Market growth is predicted to be fuelled by a growing geriatric population and increased incidence of target diseases such as dementia and Alzheimer's, as well as orthopaedic diseases. Governments and health groups are concerned about rising treatment costs and are working to reduce healthcare prices. Home health care is a less expensive alternative to a hospital stay.

Data Bridge Market Research analyses that the unskilled home healthcare market which was USD 99,236.36 million in 2021, would rocket up to USD 167596.43 million by 2029, and is expected to undergo a CAGR of 6.77% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Market Definition

In homecare settings, the home healthcare industry encompasses a wide range of healthcare services for disease. Home healthcare aims to treat injuries and enhance the patient's overall health. These services are more convenient and less expensive and effective for chronic diseases, the elderly, nutrition therapy, and the patient's critical illness.

Unskilled Home Healthcare Market Dynamics

Drivers

• Rising research and development (R&D) investments

The introduction of newer technologies into this market has significantly increased the current communication flow between patients and healthcare providers, allowing for better, faster, and more effective care. Remote patient monitoring, for example, is based on the successful integration of medical devices and information and communication technology (ICT) and the delivery of healthcare over large distances, which ultimately drives the market growth.

• Rise in demand for Unskilled Home Healthcare

This is due to the increased convenience of non-skilled labour, caretakers, services, physicians, and various home healthcare equipment in homecare settings, as well as a growth in healthcare expenditures at hospital premises in the region.

• Rising number of elderly people and technological advancements

Over the last decade, the home healthcare sector has grown significantly. The rising expense of healthcare, which has transferred healthcare focus from hospitals to the home, has been a key reason for the market's rise. Government initiatives to boost unskilled home healthcare are propelling the sector even faster.

Opportunities

The ageing population, the increased incidence of target diseases such dementia and Alzheimer's, and orthopaedic ailments are likely to drive market expansion. Governments and health groups are concerned about rising treatment costs and are working to reduce healthcare prices. Home health care is a less expensive alternative to a hospital stay.

Portable gadgets including heart rate monitors, respiratory assistance, and blood glucose monitors have enhanced the efficiency and effectiveness of lifestyle disease home care. Another important factor influencing the market is value-based healthcare. Most developed and developing countries' central government provides partial or entire coverage for in-home services.

Restraints/Challenges

Restraints that are commonly utilised, such as geriatric chairs, belts, bedrails, and other restraints, were used. Patients' freedom of movement was reportedly limited by nurses preventing access to stairs, reorganising portions of the house, putting medication away, turning off the gas, and locking the front door. They also claimed to have locked the patient in a different room on a regular basis. Restraints were used in these situations frequently in home care.

This unskilled home healthcare market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the unskilled home healthcare market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Unskilled Home Healthcare Market

As COVID-19 continues to wreak havoc on health-care facilities, the need for home-based treatment is rapidly increasing. The COVID-19 pandemic has had a mixed impact on the unskilled home healthcare market. Blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors are among the home healthcare monitoring products that are becoming more popular. However, many other businesses and service providers have seen a drop in sales as a result of industrial operations ceasing and supply networks being disrupted. However, this slowdown is only projected to last a short time, as the economy gradually recovers following the lockdown. In addition, increased collaboration between service providers is creating lucrative industry growth potential.

Recent Development

• In March 2019, By acquiring HB Healthcare, ResMed solidified its position as the market leader in Korea (HBH). HB Healthcare Safety is a home medical equipment manufacturer established in Korea that provides coaching and technology to patients and healthcare practitioners.

Global Unskilled Home Healthcare Market Scope

The unskilled home healthcare market is segmented on the basis of product, type, disease and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Products

• Patient Diagnosis/Treatment Devices
• Assistive Technology Based Devices
• Enteral Feeding Device
• Others

Type

• Therapeutic
• Diagnostic
• Mobility assist

Disease

• Chronic obstructive
• Pulmonary disease
• Diabetes
• Hypertension
• Smoking
• Asthma
• Depression
• Heart diseases
• Dementia / Alzheimer's diseases
• Obesity
• Parkinson's diseases
• Infectious diseases (HIV/AIDS)
• Bone and joint diseases
• Others

Distribution Channel

• Direct Tenders
• Retail Sales

Unskilled Home Healthcare Market Regional Analysis/Insights

The unskilled home healthcare market is analysed and market size insights and trends are provided by country, product, type, disease and distribution channel as referenced above.

The countries covered in the unskilled home healthcare market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Unskilled Home Healthcare Market Share Analysis

The unskilled home healthcare market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to unskilled home healthcare market.

Some of the major players operating in the unskilled home healthcare market are:

• Omron Healthcare, Inc. (Japan)
• Air Liquide (France)
• B. Braun Melsungen AG (Germany)
• Medtronic (Ireland)
• Davita Inc. (U.S)
• CARDINAL HEALTH (U.S)
• Sunrise Medical (U.S)
• General Electric (U.S)
• A&D Company, Limited (Japan)
• BAYADA Home Health Care (U.S)
• Invacare Corporation (U.S)
• Philips Healthcare (Netherlands)
• Fresenious SE & Co KGaA (Germany)
• GE Healthcare (U.K.)
• Baxter (U.S.)
• F. Hoffmann-La Roche Ltd  (Switzerland)
• Bupa Home Healthcare, Ltd (U.K.)
• Healthcare at Home (U.K.)
• Linde plc  (Germany)