top of page

Prevent The Disease Before It Comes.


Uptake of preventative care services has increased significantly and is considered as a focal point for healthcare market growth in the future. Preventative care refers to medical care that seeks to prevent diseases. Health check-ups and occasional screening tests for various diseases are performed routinely as a part of preventive care. Some of the home health and residential nursing care services such as provision of physical therapy, nutrition therapy and other ancillary services are also a part of preventive care. Some of the major players in the home health and residential nursing care industry such as such as Almost Family and Kindred Healthcare provide these services.

HOME HEALTH CARE AND RESIDENTIAL NURSING CARE SERVICES MARKET TO GROW TO $954 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the home health care and residential nursing care services market to grow to $954 billion in 2020. The Americas was the largest region in the home health care and residential nursing care services market in 2016, accounting for $336 billion.

The chart below shows the year-on-year growth of the global home health care and residential nursing care services market during 2016 - 2020.

According to The Business Research Company’s Healthcare Consultant, Sravanthi Addapally, technology is expected to drive home health and residential nursing care services market growth during this period. Portable hand-held diagnostic and imaging equipment which has the capability of on-site diagnostic testing is one innovation that will particularly benefit the home healthcare market. For instance, MinXray Inc has launched new portable digital radiography equipment called Enduras which can be used by health care professionals anywhere. New medical technologies will enable more consumers to use services at home and so drive the home health and residential services market in the future.

The UK’s National Health Service the largest enterprise in the global home healthcare and residential nursing care services market. Funding for the NHS comes directly from taxation. For 2015-16, the overall NHS budget was around £116.4 billion. About 12.5% of the NHS budget is allocated for home healthcare and residential nursing care services market which translated to £14.5 billion in 2015. NHS England is managing more than 85% of this.

Home health care refers to wide range of health care services that are provided to individuals at their residence for any illness or injury. Residential nursing care refers to provision of long- or short-term care for individuals who suffer from serious or persistent health issues or need recuperation services.

The home health care service industry consists of establishments that provide skilled nursing or medical care at an individual’s home under the supervision of a physician. Home health care establishments provide skilled nursing services in the home, along with a range of the following – personal care services such as chiropody, homemaker and companion services, physical therapy, medical social services, medications, medical equipment and supplies, counseling, 24-hour home care, occupation and vocational therapy, dietary and nutritional services, speech therapy, audiology and high-tech care, such as intravenous therapy.

The residential nursing care service industry is comprised of establishments that provide inpatient nursing and recuperation services. These establishments have a permanent core staff of registered or licensed practical nurses that, along with other staff, provide nursing and continuous personal care services.

The home health and residential nursing care services industry includes the following types of establishments –

Home Health Care Agencies include agencies which provide home health care and help older adults or persons with an illness or injury to live independently. It covers a wide range of services and helps delay the need for long-term nursing home care. It may include occupational and physical therapy, speech therapy, and skilled nursing services. It also involves helping older adults with the activities of daily living.

Home Nursing Service Facilities provide therapeutic activities in addition to intermittent services and private duty nursing services.

Hospice Care Service Organizations provide home hospice (end-of-life) care services to patients.

Nurse Associations Include nursing agencies which provide home nursing services.

Visiting Nurse Associations include voluntary health agencies that provide nursing services in the home, including supervision of medicinal regimen, education and counseling.

Convalescent Homes Or Convalescent Hospitals (Except Psychiatric) include facilities for patients who are not mentally ill and are in recovery from illnesses that require hospitalization.

Group Homes For The Disabled With Nursing Care provide disability workers to support patients with disabilities who are unable to live by themselves, even with support.

Homes For The Aged And Elderly With Nursing Care are special-purpose facilities which provide accommodation and support, including assistance with everyday living, intensive forms of care, and assistance towards independent living, to frail and aged residents

Nursing Homes provide residential facilities for the elderly including those with chronic illness or health conditions.

Skilled Nursing Facilities include services which meet the long term health care needs of individuals, who can function without assistance after a certain period.

Home Health Care And Residential Nursing Care Services Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1000 and $1350 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.


bottom of page