The pediatric home healthcare market size witnessed impressive growth over the years. It is predicted to rise from $47.75 billion in 2024 to $52.29 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. Strategic talent acquisition, workforce globalization, candidate experience enhancement, compliance and regulations, and diversity and inclusion initiatives primarily drove this growth.
The market is anticipated to further escalate to an impressive $79.12 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. Factors contributing to this forecasted growth include a focus on employee retention, remote onboarding solutions, video interviewing solutions, mobile recruiting adoption, gig economy expansion, and cybersecurity concerns. AI and automation integration, predictive analytics for talent acquisition, collaborative hiring platforms, blockchain for recruitment, and talent relationship management (TRM) are key trends propelling the market.
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What Is Driving The Pediatric Home Healthcare Market Growth?
The rising incidence of chronic diseases worldwide is a significant driver of the pediatric home healthcare market. Chronic diseases are long-term health conditions needing consistent medical care and monitoring. Heart disease, cancer, stroke, diabetes, and arthritis are common chronic diseases.
Pediatric home healthcare is increasingly being used to manage these conditions in children by offering a myriad of medical services right within the comforts of the child’s home. This approach is especially beneficial for children requiring frequent monitoring, ongoing treatment, or specialized care over an extended duration.
What Are The Key Segments Of The Global Pediatric Home Healthcare Market?
The pediatric home healthcare market covered in this report is segmented into:
1) By Service: Skilled Nursing Services, Personal Care Assistance, Rehabilitation Therapy Services
2) By Device: Diagnostic And Monitoring Devices, Therapeutic Devices, Home Mobility Assist Devices
3) By Application: Premature Babies, Cardiovascular Disease, Complex Intravenous Therapy, Pediatric Oncology, Chronic Disease, Infectious Disease, Other Applications
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What Top Players Are Changing The Pediatric Home Healthcare Market Landscape?
Major companies operating in the pediatric home healthcare market include Aveanna Healthcare LLC, BAYADA Home Health Care Inc., Tendercare Home Health Services Inc., BrightStar Group Holdings Inc., Angels of Care Pediatric Home Health, New England Home Care Inc., Pediatric Home Healthcare, Enviva Pediatric Care, Interim Healthcare Inc., eKidzCare, MGA Homecare, At Home Healthcare, Paramed Inc., Kindred Healthcare LLC, LHC Group Inc., National HealthCare Corporation, Maxim Healthcare Services, Team Select Home Care, Portea Medical, EKIDZCARE CORPORATE, OMRON Corporation, Amedisys Inc., Extendicare Inc.
What Emerging Trends Are Seen In The Pediatric Home Healthcare Market?
Companies are increasingly adopting advanced technologies to stay ahead in the pediatric home healthcare market. For example, CognitiveBotics Technologies, an India-based provider of eLearning solutions for children with Autism Spectrum Disorder (ASD), launched an artificial intelligence-based eLearning platform for children with ASD in April 2023. The platform leverages the power of Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP), supporting children’s social, communicative, motor, and emotional skills.
Which Regions Are Set To Emerge As The Fastest Growing In The Pediatric Home Healthcare Market?
While North America emerged as the largest region in the pediatric home healthcare market in 2024, Asia-Pacific is expected to witness the fastest growth during the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pediatric Home Healthcare Market Report 2025 Offer?
Pediatric home healthcare involves providing medical and non-medical services to children in their homes. It includes care and support for children with complicated medical needs, chronic illnesses, or impairments. The Pediatric Home Healthcare Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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