Pediatric Home Healthcare Market - By Service (Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services), By Indication (Cancer, Respiratory Diseases, Cardiovascular Diseases, Hearing Disorders), & Forecast, 2023–2032

Pediatric Home Healthcare Market Size

Pediatric Home Healthcare Market size was valued at around USD 42.6 billion in 2022 and is anticipated to grow at a CAGR of over 7.6% between 2023 and 2032.  This incremental growth rate is owing to increasing prevalence of chronic ailments and rising demand for home healthcare services among infants. Global home healthcare industry is estimated to grow at 7.9% CAGR between 2023 and 2032 due to increasing prevalence of target diseases, especially Alzheimer’s & dementia.
 

The emergence of advanced technologies and telemedicine in assisting solutions for infants coupled with rising number of pediatric home healthcare services providers has augmented the market demand. Increase in healthcare spending for providing better healthcare facilities, growing disposable income, adoption of smart home healthcare model and technological advancements in home healthcare services are some of the major factors responsible for increased adoption of pediatric home healthcare market globally.
 

Pediatric home healthcare refers to medical care provided to infants, children, and adolescents in the comfort of their own homes. It involves a range of healthcare services and treatments delivered by qualified healthcare professionals, such as nurses, therapists, and aides, who specializes in caring for pediatric patients.
 

However, high cost of home healthcare services for pediatric patients can be a significant barrier and impede the market growth in the coming years. Pediatric home healthcare requires skilled nurses, therapists, and aides who specialize in caring for children with complex medical needs which can increase the cost of their services. Additionally, providing pediatric home healthcare often involves the use of specialized medical equipment and supplies, such as ventilators, feeding tubes, and mobility aids among others further adds to the costs. The high cost of pediatric home healthcare services can create financial burdens for families seeking homecare for their children. It may also impact the availability and accessibility of pediatric home healthcare services, particularly in areas with limited resources or areas where reimbursement rates are low. Hence, the aforementioned factors are expected to restrict the market growth.
 

COVID-19 Impact

The recent outbreak of COVID-19 had positively influenced the pediatric home healthcare market revenue surge. The coronavirus outbreak proliferated the disease burden and hampered several global businesses including the healthcare sector. These conditions fueled the adoption for home care services in several countries globally. With concerns about the transmission of the virus in healthcare settings, families have sought alternatives to hospital or clinic visits. Pediatric home healthcare offers a safe and controlled environment for children with medical needs, thereby reducing their exposure to potential infections. Moreover, adoption of telehealth services, including virtual consultations and remote monitoring have augmented the market demand. Thus, the COVID-19 pandemic has accelerated the adoption of pediatric home healthcare services and highlighted their value in delivering safe, effective, and family-centered care. It has driven innovation, increased the use of technology, and strengthened the integration of healthcare systems, paving the way for continued growth and expansion of the pediatric home healthcare industry in the post-pandemic era.
 

Pediatric Home Healthcare Market Trends

The improved life expectancy of premature infants is anticipated to contribute towards the industry expansion. Premature infants often have complex medical needs and may require ongoing medical care and monitoring even after they are discharged from the healthcare facilities. Pediatric home healthcare provides specialized care for these infants, including skilled nursing, respiratory support, feeding assistance, and developmental therapies.
 

As the survival rates of premature infants is witnessing improvement, the demand for pediatric home healthcare services to support the ongoing medical needs is in turn expected to proliferate over the coming years. Advances in medical technology, such as improved neonatal intensive care units (NICUs), better monitoring equipment, and medical interventions, have contributed to the increased survival rates of premature infants.
 

Pediatric Home Healthcare Market Analysis

Based on service, the pediatric home healthcare market is segmented as skilled nursing services, personal care assistance, rehabilitation therapy services and others. The rehabilitation therapy services is expected to grow at 7.3% CAGR through 2032. Rehabilitation therapy services focuses on improving functional abilities, such as mobility, strength, coordination, and self-care skills. These services provide targeted exercises, therapeutic activities, and interventions, thereby help children enhance their motor skills and achieve greater independence in daily activities. Additionally, rehabilitation therapies in pediatric home healthcare focuses on preventing complications and secondary impairments. Rehabilitation therapy services in pediatric home healthcare offers a holistic approach by promoting functional abilities, developmental progress, pain management and contribute to improved outcomes and enhanced overall well-being for pediatric patients.

Based on indication, the market is segmented as cancer, respiratory diseases, cardiovascular disease, hearing disorders and others. The cancer segment dominated the pediatric home healthcare market in 2022 accounting for more than 32% of the total market share. This high market share is owing to several clinical benefits offered by pediatric home healthcare model in cancer diagnosis. For instance, according to the National Cancer Institute data, in 2021, around 15,590 children were diagnosed with cancer in the U.S. Rising prevalence of such ailments is expected to augment the market growth. Children with cancer often have compromised immune systems due to chemotherapy or other treatments. Home healthcare minimizes the child's exposure to infections and pathogens that may be present in healthcare settings.

U.S. pediatric home healthcare market is predicted to reach over USD 34.1 billion by 2032. This market share is attributable to numerous variables including the presence of key service providers, an increasing prevalence of chronic ailments and rising awareness regarding the clinical benefits offered by pediatric home healthcare among others. Conditions such as asthma, diabetes, cerebral palsy, and complex medical needs require ongoing medical care and management. Pediatric home healthcare provides specialized care and support for children with these conditions, helping to improve their quality of life and overall health outcomes. Additionally, favorable regulatory scenario and increased insurance coverage have improved access to home healthcare services driving the demand for pediatric home healthcare.
 

Pediatric Home Healthcare Market Share

Some of the major players operating in the pediatric home healthcare market are

• Angels of Care Pediatric Home Health
• Aveanna Healthcare
• Bayada Home Health Care
• BrightStar Care
• DJK Home Healthcare LLC
• EKidzCare
• EnViva Paediatric Care
• Interim Healthcare Inc.
• MGA Homecare
• New England Home Care
• Paramed
• Tendercare Home Health

These leading market players are implementing advanced technologies to cater to the large unmet needs of the consumers. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Pediatric Home Healthcare Industry Leaders:

• In November 2020, BAYADA Home Health Care announced a strategic partnership with Baptist Health to expand their services in home healthcare services for pediatric as well as adult patients. This strategic move helped the company to expand their service portfolio and increase their market presence.
   
• In January 2019, Pediatric Home Service announced a strategic partnership with InTandem Capital Partners, LLC, a healthcare service provider for pediatric home healthcare. This strategic move helped the company to expand their services in several geographical locations thereby helping to enhance their business revenue.
   

Pediatric home healthcare market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032, for the following segments:

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By Service

• Skilled Nursing Services
• Personal Care Assistance
• Rehabilitation Therapy Services
• Others

By Indication

• Cancer
• Respiratory Diseases
• Cardiovascular Diseases
• Hearing Disorders
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Poland
  • Sweden
  • The Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Thailand
  • Philippines
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Egypt
  • Turkey