USD 113.2 billion
Report ID:
SQMIR35D2243 |
Region:
Regional |
Published Date: February, 2025
Pages:
241
|Tables:
67
|Figures:
75
Europe Home Healthcare Market size was valued at USD 113.2 billion in 2023 and is poised to grow from USD 122.03 billion in 2024 to USD 222.54 billion by 2032, growing at a CAGR of 7.8% during the forecast period (2025-2032).
The escalating desire for home healthcare settings among patients and healthcare professionals, as well as the growing attention to telehealth, are credited with driving the market expansion in Europe. Insufficient insurance coverage and worries about patient safety are, however, to some extent impeding market expansion. The term home health care refers to a broad range of medical services offered for treating ailments at home. The government's increasing encouragement of the introduction of products needed for the construction of home care settings is one of the main drivers of the growth of the home healthcare industry in Europe.
Hospital-at-home initiatives have received support from nations like the UK and Germany because they give hospitals the freedom to give patients hospital-quality care at home. The industry for home care settings has also grown as a result of several product launches, alliances, and developments by key market players. As a result, these market players' strategies are probably going to accelerate market growth in the upcoming years. In order to enhance outcomes at lower costs, health systems in European nations are embracing telehealth as a way to expand care at homes. This is probably going to drive the development of more transportable and reasonably priced home healthcare equipment.
Europe Home Healthcare Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 113.2 billion
Largest Segment
therapeutic
Fastest Growth
therapeutic
Growth Rate
7.8% CAGR
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Europe Home Healthcare Market is segmented by Type, Disease, Application, Care Type, Distribution Channel and Country. Based on Type, the market is segmented into Hardware, Services and Software. Based on Disease, the market is segmented into Heart diseases, Hypertension, Bone and Joint Diseases, Diabetes, Respiratory Diseases, Obesity, Dementia/Alzheimer’s Diseases, Cancer, Infectious Diseases (HIV/AIDS), Parkinson’s Diseases, Smoking, Depression and Others. Based on Application, the market is segmented into Diagnostics, Therapeutics and Monitoring. Based on Care Type, the market is segmented into Acute Care, Post-Acute, Pre-Operative Care, Respite Care, Urgent Care, General and Others. Based on Distribution Channel, the market is segmented into B2B Channel and B2C Channel. Based on Country, the market is segmented into Germany, Spain, France, UK, Italy, Rest of Europe.
The therapeutic, diagnostic, and mobility assist product categories are divided into the Europe home healthcare market. In 2022, the therapeutic segment held the highest market share. However, it is predicted that during the forecast period, the diagnostic category will see the highest CAGR.
The Europe home healthcare market is divided into indications for diabetes, pregnancy, wound care, cancer, respiratory diseases, mobility impairments, and other indications. In 2022, the cancer segment had the biggest market share. However, it is projected that throughout the projection period, the market's category for mobility disorders would see the highest CAGR.
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In 2022, Germany will lead the European market for home healthcare. A significant portion of the population in this area is elderly, and there is also a well developed healthcare system and relatively greater levels of disposable income. Several factors are anticipated to propel the market throughout the projected period, including the expanding geriatric population in major economies like Germany, the U.K., France, and Italy as well as the presence of significant unexplored potential in Eastern Europe.
The demand for home medical care may also increase due to changes in Europe's social and demographic makeup. Universal long-term care insurance is available in some European nations. Additionally, the tax-based system in England is emphasising the provision of services for patient rehabilitation and reablement. Over the course of the projection period, these elements are anticipated to produce profitable market growth in Europe.
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Demand for Distant Healthcare to Bolster Market Growth
Limitations applied in the Home Healthcare to Hinder Market Growth
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Due to the existence of numerous foreign and local companies, the European home care industry is highly fragmented. Additionally, it is predicted that the consolidation efforts made by global corporations will intensify rivalry among emerging and regional market competitors.
SkyQuest's ABIRAWA (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Europe home healthcare market analysis, The sector includes a wide range of medical treatments for illnesses. Injuries are treated and the patient's general health is improved with the help of home healthcare. These services are more practical and more reasonably priced, and they are beneficial for patients with chronic illnesses, the elderly, nutrition treatment, and serious illnesses. The need for home-based treatment is rising quickly as COVID-19 continues to wreak havoc on healthcare facilities. The COVID-19 pandemic has had a conflicting effect on the European home healthcare industry. Some of the most popular home healthcare monitoring devices include blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 113.2 billion |
Market size value in 2032 | USD 222.54 billion |
Growth Rate | 7.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Europe Home Healthcare Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Europe Home Healthcare Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Europe Home Healthcare Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Europe Home Healthcare Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Europe Home Healthcare Market size was valued at USD 112.87 Billion in 2023 and is poised to grow from USD 121.45 Billion in 2024 to USD 218.21 Billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).
Due to the existence of numerous foreign and local companies, the European home care industry is highly fragmented. Additionally, it is predicted that the consolidation efforts made by global corporations will intensify rivalry among emerging and regional market competitors. 'Fresenius SE & Co. KGaA', 'Philips Healthcare', 'Medline Industries, Inc.', 'B. Braun Melsungen AG', 'Air Liquide S.A.', 'Becton, Dickinson and Company', 'Convatec Group Plc', 'Hill-Rom Holdings, Inc.', 'Linde AG', 'Abbott Laboratories', 'Roche Holding AG', 'Siemens Healthineers AG', 'Cardinal Health, Inc.', 'Medtronic plc', 'Johnson & Johnson', 'Baxter International Inc.', 'General Electric Company', '3M Company', 'Smith & Nephew plc', 'Danaher Corporation'
Newer technology has greatly boosted the current flow of communication between patients and healthcare professionals, enabling better, quicker, and more efficient care. The successful fusion of medical devices and information and communication technology (ICT), for instance, as well as the provision of healthcare over long distances, are what eventually fuel market expansion in remote patient monitoring.
The home healthcare market in Europe has expanded tremendously. A major factor in the market's growth has been the rising cost of healthcare, which has shifted the focus of treatment from hospitals to homes. The business is expanding even more quickly as a result of government attempts to improve home healthcare.
In 2022, Germany will lead the European market for home healthcare. A significant portion of the population in this area is elderly, and there is also a well developed healthcare system and relatively greater levels of disposable income. Several factors are anticipated to propel the market throughout the projected period, including the expanding geriatric population in major economies like Germany, the U.K., France, and Italy as well as the presence of significant unexplored potential in Eastern Europe.
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