North America Pediatric Home Healthcare Market By Service (Rehabilitation Therapy Services, Skilled Nursing Services and Personal Care Assistance), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Pediatric Home Healthcare Market would witness market growth of 6.8% CAGR during the forecast period (2021-2027).
Pediatric home care is mainly involved in offering medical care to the children at the comfort of their home. The children suffering from any serious and complicated medical conditions are treated at pediatric home care and some children with developmental disabilities are also taken care of by the homecare healthcare services. Some of these children depend on technological assistance for survival. The number of children who can benefit from home health services is steadily increasing as medical providers and parent’s express concerns about significant gaps in the current services.
The US Department of Health and Human Services has issued regulatory guidance to the states who are establishing their essential health services. This will benefit people who need such healthcare help. These essential health services include a full range of pediatric home health care services. They need to follow stringent and particular guidelines to fulfill a medical necessity in children. Pediatric home health care provides flexibility in prescribing the frequency and duration of services depending on the progressing status of the individual child. The US Department of Health and Human Services must take initiatives to ensure that pediatric home health care networks should attract a provider base. They must have a sufficient number of nurses and caretakers with skill sets in order to meet the needs of children.
The demand for pediatric home healthcare is high in North America. It is due to the presence of increasing awareness among parents about such healthcare facilities in this region. In addition to it, increasing cases of complex medical conditions in infants and the availability of various providers in the U.S. are further fuelling the demand for pediatric home healthcare in this region. The improvements in neonatal care due to the adoption of advanced technologies in the healthcare system have resulted in a substantial decline in long-term morbidity due to chronic conditions in prematurely born infants. Various organizations are focused to take initiatives in order to increase pediatric care services at home in the USA.
The US market dominated the North America Rehabilitation Therapy Services Market by Country in 2020, thereby, achieving a market value of $8,934.6 million by 2027. The Canada market is experiencing a CAGR of 8.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 7.6% during (2021 - 2027).
Based on Service, the market is segmented into Rehabilitation Therapy Services, Skilled Nursing Services and Personal Care Assistance. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aveanna Healthcare LLC, DJK Home Healthcare LLC (Children’s Home Healthcare), BAYADA Home Health Care, Inc., Tendercare Home Health Services, Inc., Brightstar Care (Moving Health Home), Pediatric Home Healthcare, LLC, EnViva Complex Care Limited (Complete Care Holdings Limited), Interim HealthCare, Inc. (Caring Brands International), eKidzCare, and MGA Home Healthcare, LLC (Flexpoint Ford, LLC).
Scope of the Study
Market Segments Covered in the Report:
- Rehabilitation Therapy Services
- Skilled Nursing Services
- Personal Care Assistance
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Aveanna Healthcare LLC
- DJK Home Healthcare LLC (Children’s Home Healthcare)
- BAYADA Home Health Care, Inc.
- Tendercare Home Health Services, Inc.
- Brightstar Care (Moving Health Home)
- Pediatric Home Healthcare, LLC
- EnViva Complex Care Limited (Complete Care Holdings Limited)
- Interim HealthCare, Inc. (Caring Brands International)
- MGA Home Healthcare, LLC (Flexpoint Ford, LLC)
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