Germany Home Healthcare Market Introduction and Overview
According to SPER Market Research, the Germany Home Healthcare Market is estimated to reach USD 6614.48 billion by 2033 with a CAGR 5.93%.
The report includes an in-depth analysis of the Germany Home Healthcare Market, including market size and trends, product mix, distribution channels, and supplier analysis. Home health care model has shown to be an effective means of providing healthcare, including technology into the at-home healthcare system. A major contributing aspect to home healthcare's quick uptake in Germany is that it is personalizing care delivery for therapeutic, diagnostic, and monitoring purposes. You can receive a lot of medical care at home for a variety of illnesses. Improving the patient's overall health and treating injuries are the primary goals of at-home healthcare. For chronic diseases, the elderly, nutrition therapy, and patients with critical illnesses, these services are more appropriate, less costly, and highly beneficial.
- NxStage Medical, Inc. was purchased by Fresenius Medical Care in 2019 in an effort to improve its market share in the home hemodialysis machine industry.
- A definitive deal to acquire Maxim Healthcare Service's home health care segment was signed in 2019 by Aveanna Healthcare, based in Atlanta.
Market Opportunities and Challenges
Opportunities: Regarding the use of cutting-edge technologies in the healthcare system and payment facilities, Germany has long been a major player. Home healthcare gadgets have become more popular in Germany because to the efforts of numerous manufacturing enterprises in the country that are developing innovative medical technologies. Further driving the need for effective and high-quality healthcare in Germany is the country's aging population. According to projections, these variables will support the growth of Germany's home healthcare sector during the coming years. This region will have a significant growth in its senior population, with 90.5 million individuals living there at the beginning of 2019 and 129.8 million at the end of 2050. The WHO European Region has had a significant rise in life expectancy in recent decades. The central government has expanded its policy for home care in the majority of European countries. These homecare services are especially important for the elderly, as access to medical facilities becomes more challenging as they age. Consequently, this element promotes market expansion.
Challenges: The aging population demography is one of the main issues, which is driving up demand for home-based care services. Healthcare providers are under pressure to provide individualized and efficient care while controlling costs and guaranteeing accessibility as a result of this demographic transition. The regulatory environment, which can be complicated and onerous and requires providers to abide by certain norms and procedures, is another important issue.
Market Competitive Landscape
The Home Healthcare market in Germany is moderately consolidated. Some of the market key players are Acelity L.P, Fresenius Medical Care, Medline Industries Inc., Hollister Inc., B. Barun melsungen AG, ConvaTec Group plc, Molnlycke Health Care, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Products
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| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | Acelity L.P, Fresenius Medical Care, Medline Industries Inc., Hollister Inc., B. Barun melsungen AG, ConvaTec Group plc, Molnlycke Health Care, Others. |
COVID-19 Impact on Germany Home Healthcare Market
Germany's home healthcare market was greatly affected by the COVID-19 epidemic, which brought with it both opportunities and challenges. In an effort to lower hospital admission rates and lower the risk of infection, home-based treatment became more popular as healthcare facilities concentrated on managing COVID-19 cases. This change hastened the home healthcare industry in Germany's embrace of telehealth systems and remote monitoring technologies. But the pandemic also put a strain on home healthcare services because of a lack of personnel, difficulties with logistics, and supply chain interruptions.
Key Target Audience:
- Elderly Population
- Individuals with Chronic Illnesses
- Patients Recovering from Surgery or Injury
- People with Disabilities
- Busy Families in Need of Convenient Care
Our in-depth analysis of the Germany Home Healthcare Market includes the following segments:
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By Type:
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Devices
Diagnostic
Mobility Assist
Services
Skilled Nursing
Software
Therapeutics
Unskilled Nursing
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By Product:
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Therapeutic Products
Testing, Screening and Monitoring Products
Mobility Care Products
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Key Topics Covered in the Report:
- Germany Home Healthcare Market Size (FY’2024-FY’2033)
- Overview of Germany Home Healthcare Market
- Segmentation of Germany Home Healthcare Market By Type (Devices, Diagnostic, Mobility Assist, Services, Skilled Nursing, Software, Therapeutics, Unskilled Nursing)
- Segmentation of Germany Home Healthcare Market By Product (Therapeutic Products, Testing, Screening and Monitoring Products, Mobility Care Products)
- Expansion Analysis of Germany Home Healthcare Market
- Problems and Obstacles in Germany Home Healthcare Market
- Competitive Landscape in the Germany Home Healthcare Market
- Impact of COVID-19 and Demonetization on Germany Home Healthcare Market
- Details on Current Investment in Germany Home Healthcare Market
- Competitive Analysis of Germany Home Healthcare Market
- Prominent Players in the Germany Home Healthcare Market
- SWOT Analysis of Germany Home Healthcare Market
- Germany Home Healthcare Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Home Healthcare Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Home Healthcare Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Home Healthcare Market
7. Germany Home Healthcare Market, By Type (USD Million) 2020-2033
7.1. Germany Home Healthcare Market Size, Share and Forecast, By Type, 2020-2026
7.2. Germany Home Healthcare Market Size, Share and Forecast, By Type, 2027-2033
7.3. Devices
7.4. Diagnostic
7.5. Mobility Assist
7.6. Services
7.7. Skilled Nursing
7.8. Software
7.9. Therapeutics
7.10. Unskilled Nursing
8. Germany Home Healthcare Market, By Product (USD Million) 2020-2033
8.1. Germany Home Healthcare Market Size, Share and Forecast, By Product, 2020-2026
8.2. Germany Home Healthcare Market Size, Share and Forecast, By Product, 2027-2033
8.3. Therapeutic Products
8.4. Testing, Screening and Monitoring Products
8.5. Mobility Care Products
9. Germany Home Healthcare Market Forecast, 2020-2033 (USD Million)
9.1. Germany Home Healthcare Market Size and Market Share
10. Germany Home Healthcare Market, By Region, 2020-2033 (USD Million)
10.1. Germany Home Healthcare Market Size and Market Share By Region (2020-2026)
10.2. Germany Home Healthcare Market Size and Market Share By Region (2027-2033)
10.3. Eastern Region
10.4. Western Region
10.5. Southern Region
10.6. Northern Region
11. Company Profile
11.1. Acelity L.P
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Fresenius Medical Care
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Medline Industries Inc.
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Hollister Inc.
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. B. Barun melsungen AG
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. ConvaTec Group plc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Molnlycke Health Care
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
