India Home Healthcare Market Overview
According to SPER Market Research, the India Home Healthcare Market is estimated to reach USD 52.47 billion by 2032 with a CAGR of 19.49%.
The India Home Healthcare Market refers to the delivery of healthcare services, including medical and nursing care, rehabilitation, and assistance with activities of daily living, to patients in their homes. The market is driven by factors such as the growing elderly population, the increasing prevalence of chronic diseases, the need for cost-effective healthcare solutions, and the convenience of receiving care in the comfort of one's own home. In recent years, the home healthcare market in India has experienced significant growth, with a growing number of patients opting for home-based care due to its affordability and high quality of care. The Indian home healthcare market is expected to continue to grow in the coming years, driven by increasing demand and favourable government policies aimed at promoting home-based care.
Impact of COVID-19 on the India Home Healthcare Market
The COVID-19 pandemic has had a significant impact on the home healthcare market in India. The pandemic has resulted in a surge in demand for home healthcare services as people sought to minimize their exposure to the virus by avoiding hospitals and medical facilities. Additionally, lockdowns and restrictions on movement have increased the need for medical care at home, as people are unable to leave their homes for medical treatment.
On the other hand, the pandemic has also had negative impacts on the home healthcare market in India. The pandemic has resulted in a shortage of medical personnel and equipment, as they are redirected to manage the COVID-19 outbreak. Additionally, supply chain disruptions have caused difficulties for home healthcare providers in terms of securing medical supplies and equipment.
Despite these challenges, the long-term outlook for the India home healthcare market remains positive. As the country continues to recover from the pandemic and the demand for medical services returns to normal, the home healthcare market is expected to continue to grow, driven by factors such as an aging population, rising healthcare costs, and a growing focus on preventative care.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Equipment, By Services
|
| Regions covered | Karnataka, Maharashtra, Delhi NCR, Haryana, Tamil Nadu, Telangana, Gujarat, Others
|
| Companies Covered | Apollo Homecare, Bharat-Home Medicare, Care-24, Grand World Elder Care, Healthcare at Home, India Home Health Care, Nightingale’s Home, Swarg Community Care, Suburban Diagnostics
|
India Home Healthcare Market Segmentation:
1. By Equipment:
- Diagnostic
- Mobility Assist Equipment
2. By Services:
- Skilled Home Care
- Physician/Primary Care
- Nursing Care
- Physical, Occupational, and/or Speech Therapy
- Nutritional Support
- Hospice & Pallative Care
- Other Skilled Home Care Services
- Unskilled Home Care
3. By Region:
- Karnataka
- Maharashtra
- Delhi NCR
- Haryana
- Tamil Nadu
- Telangana
Key Topics Covered in the Report:
- Size of India Home Healthcare Market (FY’2019-FY’2032)
- Overview of India Home Healthcare Market
- Segmentation of India Home Healthcare Market By Equipment (Therapeutic, Diagnostic, Mobility Assist Equipment)
- Segmentation of India Home Healthcare Market By Services (Skilled Home Care, Unskilled Home Care)
- Statistical Snap of India Home Healthcare Market
- Growth Analysis of India Home Healthcare Market
- Problems and Challenges in India Home Healthcare Market
- Competitive Landscape in the India Home Healthcare Market
- Impact of COVID-19 and Demonetization on India Home Healthcare Market
- Details on Recent Investment in India Home Healthcare Market
- Competitive Analysis of India Home Healthcare Market
- Major Players in the India Home Healthcare Market
- SWOT Analysis of India Home Healthcare Market
- India Home Healthcare Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Home Healthcare Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Home Healthcare Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Home Healthcare Market
7. India Home Healthcare Market, By Equipment, 2019-2032 (USD Million)
7.1 Therapeutic
7.1.1 Home Respiratory Therapy
7.1.2 Insulin Delivery
7.1.3 Home Intravenous Pumps
7.1.4 Home Dialysis Equipment
7.1.5 Other Therapeutic Equipment
7.2 Diagnostic
7.2.1 Diabetic Care Unit
7.2.2 Blood Pressure Monitors
7.2.3 Multi-Parameter Diagnostic Monitors
7.2.4 Home Pregnancy and Fertility Kits
7.2.5 Other Self-Monitoring Equipments
7.2.6 Apnea and Sleep Monitors
7.2.7 Holter Monitors
7.2.8 Heart Rate Meters
7.2.9 Other Diagnoostic Equipment
7.3 Mobility Assist Equipment
7.3.1 Wheelchair
7.3.2 Home Medical Furniture
7.3.3 Walking Assist Devices
8. India Home Healthcare Market, By Services, 2019-2032(USD Million)
8.1 Skilled Home Care
8.1.1 Physician/Primary Care
8.1.2 Nursing Care
8.1.3 Physical, Occupational, and/or Speech Therapy
8.1.4 Nutritional Support
8.1.5 Hospice & Pallative Care
8.1.6 Other Skilled Home Care Services
8.2 Unskilled Home Care
9. India Home Healthcare Market, By Region, 2019-2032 (USD Million)
9.1 India Home Healthcare Market Size and Market Share by Region (2019-2025)
9.2 India Home Healthcare Market Size and Market Share by Region (2026-2032)
9.3 Karnataka
9.4 Maharashtra
9.5 Delhi NCR
9.6 Haryana
9.7 Tamil Nadu
9.8 Telangana
9.9 Gujarat
9.10 Others
10.1.4 Recent developments
10.2 Bharat-Home Medicare
10.2.4 Recent developments
10.3.4 Recent developments
10.4 Grand World Elder Care
10.4.4 Recent developments
10.5.4 Recent developments
10.6 India Home Health Care
10.6.4 Recent developments
10.7.4 Recent developments
10.8 Swarg Community Care
10.8.4 Recent developments
10.9 Suburban Diagnostics
10.9.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
