Market Research Report
Global Pediatric Home Healthcare Market Size study, by Service (Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services), and Regional Forecasts 2021-2027
|Global Pediatric Home Healthcare Market Size study, by Service (Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services), and Regional Forecasts 2021-2027|
Published: July 17, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Pediatric Home Healthcare Market is valued at approximately USD 37 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8 % over the forecast period 2021-2027. Pediatric Home Healthcare involves the delivery of medical care in the home to children with serious and often complex medical conditions pr with developmental disabilities. Some of these children depend on technological assistance for survival. Pediatric care holds a wide range of healthcare services from preventive health care to the diagnosis and treatment of acute and chronic diseases. Emergence of home healthcare as a cost-effective alternative is also expected to fuel the Pediatric Home Healthcare market. Improved life expectancy of premature infants is propelling the market growth. For instance, according . To CSHCN, approx. 5.6 million children in the U.S. required at least 5 hours of in-home medical care. Parents spend around 1.5 billion hours a year taking care of their children, which brings an expenditure of USD 3,200 for each family. Moreover, several key players are taking strategic initiatives to expand their presence in the market for instance,
In January, 2019, Pediatric Home service partnered with InTandem Capital Partners, LLC, this partnership is expected to expand and strengthen Pediatric Home Service's position in the local and international markets.
However, shortage of Pediatric home Care Nurses may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Pediatric Home Healthcare Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). . North America dominated the market for pediatric home by holding the largest revenue share of almost 35.0% in 2020, because of growing awareness about pediatric home healthcare medical services. A survey conducted on children with complex medical conditioned in the U.S. tells that approx. 500,000 infants and adolescents with special medical needs require various medical and therapeutic services in their homes. Long termed stays in hospitals may increase medical expenditure , whereas pediatric home based services are cost effective and improve efficiency of care for patients, resulting numerous providers in U.S. are offering a range of services to meet this growing demand.
Major market player included in this report are:
Aveanna Healthcare, Inc.
DJK Home Healthcare LLC
BAYADA Home Health Care
Tendercare Home Health
Angels of Care Pediatric Home Health
New England Home Care, Inc.
Pediatric Home Healthcare
Enviva Paediatric Care
Interim Healthcare Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Services :
Skilled Nursing Services
Personal Care Assistance
Rehabilitation Therapy Services
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018-19
Base year - 2019-2020
Forecast period - 2021 to 2027.
Target Audience of the Global Pediatric Home Healthcare Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures