North America Home Healthcare Market: Trends, Insights, and Forecast 2024-2030
The North America home healthcare market size is expected to reach USD 285.05 billion by 2030, registering a CAGR of 7.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising aging human population, high disposable income for healthcare expenditure, and increasing rate of target diseases are some of the key factors driving growth. Predominance of chronic diseases, and increasing diagnosis expenditure is anticipated to boost growth. Personalized medical assistance is a cost effective measure to control treatment expenditure and acts as a major driver for the industry. According to America’s Health rankings, nearly 58 million adults aged 65 and older lived in the U.S. in 2022. The home healthcare industry is anticipated to be majorly driven by the huge aging population volume which is highly prone to various diseases such as venous stasis ulcers, diabetic ulcers, and pressure ulcers. According to WHO, the global volume of po...