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Home Care Providers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Home Care Providers Market Research Report | NAICS 62161 | Sep 2014

Home again: Demand for industry services will remain high, but cuts in federal funding threaten revenue

IBISWorld’s Home Care Providers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$75bn
Annual Growth 09-14
3.6%
Annual Growth 14-19
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Profit
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Employment
1,460,074
Businesses
304,350
Industry Analysis & Industry Trends

Home is where the care is for a growing number of people in the United States. Industry growth has been fostered by an aging population, the prevalence of chronic disease, strengthening physician acceptance of home care and a continued movement toward cost-efficient treatment options from public and private payers. Despite strong growth over the past five years, however, the industry will be burdened by decreasing federal funding and subsequent reimbursement cuts over the five years to 2019, leading to a slight decline in industry revenue... purchase to read more

Industry Report - Industry Locations Chapter

The location of home care providers in the United States is influenced by the size of the local population; the regional age distribution; the level of urbanization in, and the geographic size of a region; home health supply levels; the presence of alternative sources of care; sources of referrals; and levels of state government resources. On the regional level, the Southeast, Southwest, Great Lakes and West regions have the highest concentration of business locations. On the state level, the three states with the largest number of industry establishments are Texas, California and Florida, accounting for 13.7%, 10.2% and 9.1% of industry establishments, respectively... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Home Care Providers Industry?

Companies in this industry primarily provide services in the home. These services may be medical or nonmedical and include skilled-nursing care, personal care, homemaker and companion services, physical therapy and medical social services. This industry also includes in-home hospice care providers.

Industry Products
Traditional home healthcare and home nursing careHome hospiceHomemaker and personal servicesHome therapy services
 
Industry Activities
Providing homemaker and companion servicesAdministering in-home physical therapyProviding in-home hospice careProviding 24-hour home careAdministering in-home occupational and vocational therapyProviding in-home dietary and nutritional servicesAdministering speech therapyProviding in-home medical care


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