PUBLISHER: Grand View Research | PRODUCT CODE: 1446544
PUBLISHER: Grand View Research | PRODUCT CODE: 1446544
The Middle East and Africa home healthcare market size is anticipated to reach USD 9.84 billion by 2030, registering a CAGR of 5.38% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing incidences of chronic diseases and rising demand for cost-effective alternatives to hospitalization are the major factors contributing to market growth. According to the World Health Organization (WHO), chronic diseases cause 1.7 million deaths yearly in the Eastern Mediterranean region. Also, the number of individuals with chronic diseases like diabetes is anticipated to reach 47 million by 2045. The rising geriatric population has increased demand for home healthcare services, such as skilled nursing, physical therapy, and assistance with everyday life activities, and this is anticipated to drive market growth.
Furthermore, rapid technological advancements, such as integrating telemedicine and remote patient monitoring solutions, offer a comprehensive approach to managing patient health outside traditional hospital settings and potentially transform home healthcare. The Middle East's governments have been actively promoting home healthcare to improve patient care and lessen the burden on conventional healthcare institutions. For instance, in 2023, the National Center for Privatization & PPP and the Ministry of Health Saudi Arabia collaborated to launch the Expressions of Interest (EOI) for home healthcare, long-term care, and medical rehabilitation projects in the Eastern Region and Riyadh.