India Home Healthcare Market Share, Demand, Business Challenges, Investment Opportunities and Forecast Research Report 2032: SPER Market Research
According to SPER Market Research, the India Home Healthcare Market is provision of medical services, which includes nursing care, medical attention, rehabilitation and help with daily activities, at patients’ homes. This market is driven by factors such as the rising elderly population, the increasing incidence of chronic illnesses, the requirement for affordable healthcare solutions and the comfort of receiving treatment in the familiarity of one’s home. In recent times, the home healthcare market in India has seen significant growth, as more patients prefer home-based care due to its cost-effectiveness and high standard of care. The Indian home healthcare market is anticipated to continue its growth in the upcoming years, due to increasing demand and supportive government policies that advocate for home-based care.
The home healthcare market in India has been greatly impacted by the COVID-19 pandemic. The virus has led to an increase in demand for home healthcare services as people sought to reduce their exposure to it by avoiding hospitals. Furthermore, the lockdowns and restrictions on movement made it necessary for people to receive medical treatment at home.
However, the pandemic has also had negative effects on the home healthcare sector in India. There was a shortage of medical personnel and equipment, as they were being utilized to address the COVID-19 situation. Furthermore, disruptions in the supply chain made it difficult for home healthcare providers to obtain medical supplies and equipment.
India Home Healthcare Market Overview:
- Forecast CAGR (2022-2032): 19.49%
- Forecast Market Size (2032): 52.47 billion
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.
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India Home Healthcare Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
- Mobility Assist Equipment
- Skilled Home Care
- Physician/Primary Care
- Nursing Care
- Nutritional Support
- Hospice & Pallative Care
- Other Skilled Home Care Services
- Unskilled Home Care
- Delhi NCR
- Tamil Nadu
This report also provide the data for key regional segments of India; Karnataka, Maharashtra, Delhi NCR, Haryana, Tamil Nadu, Telangana, Gujarat, Others.
India Home Healthcare Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 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
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India Home Healthcare Market Size
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