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 | Nov 2015

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

The Home Care Providers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

During the past five years, industry growth has been fostered by an aging US population, the prevalence of chronic disease, growing physician acceptance of home care, medical advancements and a movement toward cost-efficient treatment options from public and private payers. However, despite strong past growth, industry funding from government sources has come under intense pressure in recent years. In the next five years, Medicare and Medicaid reimbursement cuts will continue to seriously threaten the industry. Nevertheless, strong and steady revenue growth seems likely for the Home Care Providers industry in the next five years, as a result of an aging population and increasing interest in home healthcare... purchase to read more

Industry Report - Industry Investment Chapter

The Home Care Providers industry is labor intensive, with most companies relying on skilled care providers to deliver services. The nature of healthcare services depends highly on labor, with personal interaction required for most services. The average firm in this industry spends only about $0.02 on capital for every $1.00 spent on labor. The level of personal care is high and typically raises labor-related costs. Driving and other transportation expenses can further increase labor costs, as many industry professionals make house calls and therefore spend a lot of on-the-job time traveling. Furthermore, the fact that the care is provided in the home avoids the need for institutionalized facilities, which will reduce capital costs... 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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