Home Healthcare Services Market Size

Home Healthcare Services Market size was over USD 382.15 billion in 2024 and is projected to reach USD 1.19 trillion by the end of 2037, witnessing around 9.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of home healthcare services is assessed at USD 410.28 billion.. The market growth is primarily driven by need for personal care for elderly people. The growth of geriatric population in the world is to elevate the market growth. According to the World Health Organization, by 2030, every 1 in 6 person worldwide is to reach the age of 60 years or above.

Government’s efforts in the investment of public health insurance is to propel the growth of global home healthcare services market. In 2019, Norway expenditure on healthcare was around 9% of the its GDP. Moreover, in 2020, the European Commission, spent around USD 1000 billion on public health, that is about 8% of their GDP. Furthermore, rising number of patient of diabetes, heart and kidney disorder, Alzheimer’s, and others is to propel the market growth.