The US At-Home Care Market: Size, Trends & Forecast with Impact of COVID-19 (2021-2025)

The US At-Home Care Market Research Reports 2021-2025

The report titled “The US At-Home Care Market: Size, Trends & Forecast with Impact of COVID-19 (2021-2025)”, provides an in-depth analysis of the US at-home care market by value, by service type, by employment count, etc. The report also provides a detailed analysis of the COVID-19 impact on the US at-home care market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US at-home care market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

The US at-home care market is highly fragmented. The key players of the US at-home care market are Kindred at Home, Amedisys, Inc., LHC Group, Inc., and Encompass Health Corp. are also profiled with their financial information and respective business strategies.

Company Coverage

Kindred at Home
Amedisys, Inc.
LHC Group, Inc.
Encompass Health Corp.

Executive Summary

At-Homecare is health care or supportive care provided by a professional caregiver in the individual home where the patient or client is living, as opposed to care provided in group accommodations like clinics or nursing homes. Homecare is also known as domiciliary care, social care, or in-home care. It comprises a range of activities, especially paramedical aid by nurses and assistance in daily living for ill, disabled, or elderly people. Occasionally, palliative and end-of-life care can be provided through home health nursing. Home health nurses may assist patients with activities of daily living (ADLs) such as bathing, toileting, and feeding, or they direct and supervise the aide in providing ADL care.

The US at-home care market can be segmented based on service type (Home Healthcare & Nursing Care, Home Hospice, Non-Medical Home Care, Home Therapy Services, and Others).

The healthcare industry witnessed a shift in trends towards home healthcare as compared to hospital care due to revised norms with regards to the COVID-19 pandemic. The awareness for home healthcare services increased in 2020 as these services are safer and cost-effective alternatives to hospital services. Also, service providers are expanding their portfolio by offering services, such as at-home COVID-19 testing. Even though the fear of COVID-19 infection is still high, the new forms of work organization and Infection prevention and control (IPC) policies and practices have provided a path for continued home care services.

The US at-home care market has increased during the years 2017-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously. The US at-home care market is expected to increase due to the aging population, increasing prevalence of chronic diseases, increasing per capita personal income, low-cost setting, etc. Yet the market faces some challenges such as lack of supporting infrastructure, the risk to patient safety, etc. Moreover, the market growth would succeed by various market trends like increasing use of telemedicine, increasing IoMt and more acute care, etc.

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Figure 1: Benefits of At-Home Care
Figure 2: Disadvantages of At-Home Care
Figure 3: Types of At-Home Care
Figure 4: Non-Medical Home Care vs. Home Healthcare
Figure 5: At-Home Care Vs. Nursing Homes
Figure 6: At-Home Care Segmentation by Service Type
Figure 7: The US At-Home Care Market by Value; 2017-2020 (US$ Billion)
Figure 8: The US At-Home Care Market by Value; 2021-2025 (US$ Billion)
Figure 9: The US At-Home Care Market by Service Type; 2020 (Percentage, %)
Figure 10: The US Home Healthcare & Nursing Care Market by Value; 2019-2020 (US$ Billion)
Figure 11: The US Home Healthcare & Nursing Care Market by Value; 2021-2025 (US$ Billion)
Figure 12: The US Home Hospice Care Market by Value; 2019-2020 (US$ Billion)
Figure 13: The US Home Hospice Care Market by Value; 2021-2025 (US$ Billion)
Figure 14: The US Home Therapy Services Market by Value; 2019-2020 (US$ Billion)
Figure 15: The US Home Therapy Services Market by Value; 2021-2025 (US$ Billion)
Figure 16: The US Non-Medical Home Care Market by Value; 2019-2020 (US$ Billion)
Figure 17: The US Non-Medical Home Care Market by Value; 2021-2025 (US$ Billion)
Figure 18: The US Other At-Home Care Market by Value; 2019-2020 (US$ Billion)
Figure 19: The US Other At-Home Care Market by Value; 2021-2025 (US$ Billion)
Figure 20: The US Home Healthcare Services Market by Employment Count; 2018-2021 (Thousand)
Figure 21: The US Aging Population; 1960-2040 (Million)
Figure 22: The US per Capita Personal Income; 1960-2020 (US$ Thousand)
Figure 23: The US Alzheimer Population; 2016-2050 (Million)
Figure 24: The US Home Health Care Spending; 2010-2019 (US$ Billion)
Figure 25: The US Urbanization Rate; 1970-2020 (Percentage, %)
Figure 26: The US Home Health Care Players by Market Share
Figure 27: Amedisys Inc. Net Service Revenue; 2016-2020 (US$ Billion)
Figure 28: Amedisys Inc. Net Service Revenue by Segment; 2020 (Percentage, %)
Figure 29: Amedisys Inc. Net Service Revenue by Payor; 2020 (Percentage, %)
Figure 30: LHC Group, Inc. Net Service Revenue; 2016-2020 (US$ Billion)
Figure 31: LHC Group, Inc. Net Service Revenue by Segment; 2020 (Percentage, %)
Figure 32: LHC Group, Inc. Net Service Revenue by Payor; 2020 (Percentage, %)
Figure 33: Encompass Health Corp. Net Operating Revenues; 2016-2020 (US$ Billion)
Figure 34: Encompass Health Corp. Net Operating Revenues by Segment; 2020 (Percentage, %)
Figure 35: Encompass Health Corp. Net Operating Revenues by Payor Source; 2020 (Percentage, %)
Table 1: The US At-Home Care Market Players: A Financial Comparison; 2020