Pediatric Home Healthcare Market Trends, Share & Scope, Product Estimates & Strategy Framework To 2022 - 2030

The global pediatric home healthcare market size is expected to reach USD 68.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The growing population of Children with Medical Complexities (CMC) requiring in-home care is expected to drive the market during the forecast period.

According to a study conducted in October 2016, around 1.0% of the pediatric population constitutes CMC in the U.S. This population accounts for almost 30.0% of the pediatric healthcare cost. In-home pediatric services significantly reduce medical expenditure by shortening hospital stays for children requiring complex medical assistance.

The pediatric care service is a thriving sector in the home healthcare industry and offers immense potential for players to expand their services. One of the major players in the market, BAYADA Home Health Care, mentioned pediatric nursing services as its largest revenue-generating specialty, accounting for about one-third of its revenue.

Pediatric Home Healthcare Market Segmentation

Grand View Research has segmented the global pediatric home healthcare market on the basis of service and region:

Based on the Service Insights, the market is segmented into Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services and Others.

  • The rehabilitation therapy services segment dominated the market for pediatric home healthcare and held the revenue share close to 60.0% in 2020. The segment is expected to witness significant growth over the forecast period.
  • The skilled nursing services segment is also growing due to the increase in the number of children suffering from complex medical conditions such as cerebral palsy, cystic fibrosis, asthma, and epilepsy. Skilled nursing services have significantly reduced the inpatient cost of children with medical complexities.
  • Pediatric home care providers are facing major challenges in marinating their nursing staff to provide quality care for children with special healthcare needs. For overcoming such challenges, key players are undertaking various strategic initiatives to strengthen their capabilities.

Pediatric Home Healthcare Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

In March 2017, PSA Healthcare and Epic Health Services-two leading companies collaborated to form Aveanna Healthcare LLC, one of the largest pediatric care companies. In addition, in January 2019, Pediatric Home Service, a Pittsburgh-based company-entered into a partnership with InTandem Capital Partners, LLC, a private equity firm in the healthcare industry. This partnership is expected to expand and strengthen Pediatric Home Service’s position in the local and international markets.

Some prominent players in the Global Pediatric Home Healthcare market include:

  • Aveanna Healthcare, Inc.
  • DJK Home Healthcare LLC
  • BAYADA Home Health Care
  • Tendercare Home Health
  • BrightStar Care
  • Angels of Care Pediatric Home Health
  • New England Home Care, Inc.
  • Pediatric Home Healthcare
  • Enviva Paediatric Care
  • Interim Healthcare Inc.
  • eKidzCare
  • MGA Homecare
  • At Home Healthcare
  • ParaMed

Order a free sample PDF of the in Pediatric Home Healthcare Market Intelligence Study, published by Grand View Research

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