Future Of Home Healthcare Market in India: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How India Home Healthcare Market Is Positioned? The home healthcare market in India is still at its early growth stage. The unorganized sector still dominates the market having a market share by revenue of ~%. The home healthcare market has grown at a CAGR of 17.2% from FY’2014 to FY’2019 and is expected to grow at a CAGR of 19.2% from FY’2019 to FY’2025. The market is highly fragmented, thus consisting primarily of unorganized players. There are various services being offered by the firms with their key revenue being contributed from services such as home healthcare, provision of pharmaceuticals, and rent/sale of medical devices. The shifting demand trends indicate that apart from services like elderly care, owing to the unhealthy lifestyles of the younger generation, the industry is also witnessing a rise in the demand for services such as physiotherapy, stroke rehabilitation, infant care, critical care, dialysis at home, and speech and language therapy among others. The major players in the market such as Portea Medical, Healthcare at Home, Medwell Ventures among others have provided the patients in the healthcare market with the opportunity of saving their time as well as money and being attended to right in the comfort of their home. It has been observed that demand for home healthcare services increased in India primarily due to the surge in the prices of advanced medical equipment, the lack of proper medical infrastructure which is insufficient to cater to the needs of the growing population. Healthcare is one the biggest market in India and home healthcare is en route to becoming a strong component of it. The rising demand for home care services due to the shift in the preferences from traditional to home healthcare services will pave out the way for this growth. How Is the Home Healthcare Market In India Segmented? The India home healthcare market has been segmented by region/tier, by market structure, by age group, by the profile of patients and by subscription and recurring model as opted for by the patients. Tier 1 cities constitute the majority proportion of the market, having a market share of ~% followed by Tier 2 cities a ~% and Tier 3 cities at ~%. Tier 1 cities have the greatest market share owing to their shifting demand trends and greater the pressure being put on the existing medical infrastructure due to the rise in population. Looking at the age groups of patients, patients above the age of 60 years will dominate the market having a share of ~%. Accordingly, elderly care leads the market in the kind of service demanded to contribute ~% to the total market share. All in all, the home care market in India is currently surging in the tier 1 cities, deriving their key revenue from the elderly care segment. Further, it must be noted that the market primarily consists of private, unorganized players having a regional presence in only one city of India and doesn’t have a qualified deliverable resource. They have a total market share of ~%. Organized players have a significantly smaller share owing to the early growth stage of the market. Consumers prefer a non-recurring payment model over the subscription model owing to factors such as uncertainty of recovery, lower price difference, and quality of services. Competitive Landscape The home healthcare market in India is still in its early growth stage with a higher proportion of unorganized players as compared to organized players. The market is highly fragmented. Organized players are currently focusing on increasing their penetration in Tier-1 and Tier-2 with a focus on service differentiation, complex and high-value margin specialization such as ICU@Home, Oncology services, Mother and Infant care, etc. Owing to various factors like increasing life expectancy, shifting demand trends, and being more cost and time-efficient, the market shows a lot of potentials to grow in the coming years. The major players in the market include Portea Medical, Healthcare AtHome, Apollo Homecare, India Home Healthcare, Medwell Ventures among others. The major players in the market compete on factors such as brand value, QAI Accreditation, presence in a number of cities, quality services, qualified resources, payroll staff, funding partners among others. The major players are also competing on the basis of the technology used in providing the services. Home healthcare providers make use of modern-day technological advances like Internet of Things (IoT) and Artificial Intelligence (AI) in order to provide better quality care to the patients. Future Outlook And Projections In The India Home Healthcare Market The overall revenues for the India home healthcare industry are expected to increase at a positive CAGR of ~% during the period FY’2019-FY’2025. The main reasons for the expected growth in revenue are factors such as increasing life expectancy, increasing levels of disposable income, shifting demand trends, unhealthy lifestyles of the younger population leading to a higher prevalence of chronic diseases requiring specialized care are expected to be responsible for this massive growth. As of now, the market is dominated by private, unorganized players and the trend appears to remain the same for the next 6 years as well, however, the market is expected to witness a nominal decrease in the proportion of unorganized players at an expected rate of ~% per year on average. Furthermore, it is expected that the market will witness a regulatory reform carried out by the Ministry of Health and Family Welfare and home healthcare services will also be brought under the purview of insurance. Key Segments Covered: – India Home Healthcare Market, FY’2014-FY’2025 India Home Healthcare Market Segmentation, FY’2019-FY’2025 By Market Structure (Organized and Unorganized) By Region/Tier (Tier 1, Tier 2and Tier 3 cities) By Age Group (0-25 Years, 25-40 Years, 40-60 Years and Above 60 Years) By Profile of Patients (Elderly care, Physiotherapy, Post-Operative Care, Stroke Rehabilitation, Palliative Care and Others) By Subscription and Non-Recurring Model Key Target Audience Homecare Providers Hospital Chains Private Sector Investors Healthcare Regulatory Bodies Government and Industry Associations Medical Device Companies & Distributors Pharma Manufacturing and Distribution Companies Time Period Captured in the Report: Historical Period – FY’2014-FY’2019 Forecast Period – FY’2020-FY’2025 Companies Covered: Portea Medical (Health Vista Pvt Ltd) Healthcare AtHome Medwell Ventures Care24 CallHealth Apollo HomeCare India Home Healthcare Critical Care Unified Bharath Home Medicare Key Topics Covered in the Report: – Healthcare at Home in India Home-Based Health Care Industry in India Homecare Providers in India E-Health Market India India Insurance Coverage Market Share India per Capita Expenditure on Health India per Capita Expenditure on Hospitalization Organized Home Healthcare Market India India Home Healthcare Major Investors Home Healthcare Patients in India Critical Care at Home in India Palliative Care Market India Stroke Rehabilitation Market India For More Information on the research report, refer to below link: – India Home Healthcare Industry Growth Related Reports by Ken Research: – India Online and Offline Pharmacy Retail Market Outlook to 2025 – By Organized and Unorganized; By Standalone and Hospital based Pharmacy; By Product Category (Prescribed Drugs, OTC Drugs and Non-Pharmaceutical Goods) and Therapeutic Class Global Home Healthcare Market Outlook to 2025– By Patient Profile (Elderly Care, Rehabilitation, Physiotherapy, Wound Care and Others), By Age Group in Years (Mother and Infant, Below 25, 25-40, 40-65 and 65 & Above) and By Region (USA, Germany, UK, Canada, Japan, Australia, China, India, South Africa, UAE and Others) India Medical Device Market Outlook to 2023 – by IVD Market (Type of Device, Sales Channel, Domestic Manufacturing and Import), by Diagnostic Imaging Market (Type of Device, Domestic Manufacturing and Import) and by Patient Aid Market (Orthopedic Device, Hospital Furniture and Hearing Aid) Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Apollo Home Healthcare Market Share, Bharath Home Medicare Investors, CallHealth Market Revenue Share, Care24 Home Healthcare Market Growth Analysis, Chemotherapy at Home Market India, COVID-19 Impact on Home Healthcare in India, Critical Care at Home In India, Dialysis at Home Market India, E-Health Market India, Elderly Care at Home Market In India, future of home health care industry in india, Future Of India Home Healthcare Industry, Healthcare at Home in India, Healthcare in India, Healthcare Industry in India, Home Healthcare Demand India, Home Healthcare in India, Home Healthcare Industry In India, Home Healthcare Market In India, Home Healthcare Patients in India, Home Healthcare Sector India, Home Healthcare Service Providers India, Home Healthcare Services Market, Home Healthcare Standardization India, Home-Based Health Care Industry in India, Homecare Providers in India, Hospital at Home Market Size, ICU at Home Market India, Impact of COVID-19 on India Healthcare Sector, India Home Healthcare, India Home Healthcare AtHom Market Growth, India Home Healthcare Competition, India Home Healthcare Industry, India Home Healthcare Industry Research Report, India Home Healthcare Major Investors, India Home Healthcare Market, India Home Healthcare Market Analysis, India Home Healthcare Market Business Model, India Home Healthcare Market Future Outlook, India Home Healthcare Market Growth Forecast, India Home Healthcare Market Report, India Home Healthcare Market Research Report, India Home Healthcare Market Revenue Share, India Home Healthcare Market Revenue Size in Crores, India Home Healthcare Market Segmentation, India Home Healthcare Market Size, India Insurance Coverage Market Share, India online health care services, India Palliative Care Market, India per Capita Expenditure on Health, India per Capita Expenditure on Hospitalization, India Physiotherapy Market, India Post Operative Care Market, India Stroke Rehabilitation Market, Market for home healthcare services in India, Medwell Ventures Total Number Services, nurse for elderly at home india, Online Healthcare Market in India, Organized Home Healthcare Market India, Palliative Care Market India, Physiotherapy at Home India, Portea Medical Market Share, Setting Up a Home Healthcare Agency in India, Stroke Rehabilitation Market India, Total Caretakers in India, Unorganized Home Healthcare Market India