U.S. Home Healthcare Market: Home Is Where The Healthcare Is

The U.S. home healthcare market size is calculated at USD 194.26 billion in 2024 and is predicted to attain around USD 647.85 billion by 2034, expanding at a CAGR of 12.8% from 2025 to 2034.

U.S. Home Healthcare Market Report Highlights

• By type, the services segment dominated the U.S. home healthcare market in 2024 and accounted for the highest revenue share.
• By type, the device segment is expected to grow significantly during the forecast period.
• By device, the diagnostic and monitoring devices segment captured a significant portion of the market in 2024.
• By device, the home mobility assist devices segment is projected to experience the highest growth rate in the market between 2025 and 2034.
• By services, the rehabilitation segment maintained a leading position in the market in 2024.
• By services, the telehealth segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.

The U.S. home healthcare market refers to the production, distribution, and application of home healthcare, which is medical care delivered in the patient’s home if we are homebound while recovering from an illness, injury, or surgery. Home healthcare refers to medical and non-medical services provided to individuals in the comfort of their own homes. It includes a broad range of care, including nursing, physical therapy, assistance with daily activities, and even companionship for those in need.

The most common diagnosis for home healthcare for conditions including confusion, dementia, cancer, respiratory diseases like emphysema, asthma, COPD, stroke, and heart disease or heart failure. Home care refers to the provision of many services, including nursing, physiotherapy, shopping, and cleaning, to support disabled or frail elderly individuals in maintaining their residence and independence. Benefits of home healthcare include a team of professionals, personalized care, and high quality, saving money, preventing avoidable trips to the hospital, relief of family caregivers, safety, convenience, comfort, and greater independence. Home care provides accommodation and care for people who need substantial health help and support with their personal care.

Industry Valuation and Growth Rate Projection

Growing senior population driving the growth of the U.S. home healthcare market. Home healthcare services may be available to help older people with many aspects of healthcare, such as physical therapy, medical equipment, wound care, and medications. The provider may come for a few hours each day or stay 24/7. Elderly home healthcare provides many benefits, including professional care, safety, and social interaction. Home care services for elderly people are an essential aspect of the healthcare industry as they ensure a safe and comfortable environment for them to age.

Home healthcare for elderly people also provides design-tailored physical activities that cater to their physical activities that cater to their physical abilities as well as address their limitations, continuous monitoring and safety, medication management, family and social connections, reduced risk of infections, personalized care, maintaining independence, and familiar and comfortable environment.

Rapid technological advancements in home healthcare are driving the growth of the U.S. home healthcare market. Mobile applications can help individuals with medication, reminders, fitness tracking, dietary management, and mental health support. Smart home technology, like automated lighting and voice-activated assistants, can be adapted to assist the elderly, improving their safety and independence at home. Home healthcare technologies have the potential to facilitate the role of home healthcare within the overall healthcare system.

The benefits of advanced technologies in home healthcare include personalized care, secure patients from infectious diseases, remote patient monitoring tools, patient engagement, international trends in home healthcare, advancing diagnosis and treatment, improved access to care, safety, predictive analytics, increased efficiency, improved communication, digital health monitoring, artificial intelligence, smart home technology, remote treatment, and better health outcomes. AI is transforming home healthcare, mainly in diagnosis and treatment planning.

Rising need for cost-effective healthcare delivery driving the growth of the U.S. home healthcare market. The cost-effectiveness ratio is the net cost divided by changes in health outcomes. Receiving care at home reduces exposure to potential infections prevalent in healthcare facilities, which benefits those with weakened immunity. The benefits of cost-effective healthcare delivery also include one-on-one attention, personalized care plans, and a familiar home environment contributes to faster rehabilitation.

Home health care is often a more cost-effective alternative to traditional hospital care. Doctor home visits are an ideal model of healthcare delivery systems as they reduce healthcare costs through fewer hospitalizations, preventive care, and better medication compliance. This has a positive impact on patient satisfaction and quality of life. Home healthcare services are significantly critical in enhancing the perceived satisfaction and quality of life of patients with mobility issues.