Pediatric Home Healthcare Industry: Factors That Will Drive Huge GrowthPosted by Nicky Arora on March 9th, 2020 The global pediatric home healthcare market size is expected to reach USD 58.5 billion by 2026, based on a new report by Grand View Research, Inc., exhibiting a CAGR of 8.3%. Growing population of Children with Medical Complexities (CMC) requiring in-home care is expected to drive the market during the forecast period. According to a study conducted in October 2016, around 1% of pediatric population constitutes of CMC in the U.S. This population accounts for almost 30% of the pediatric healthcare cost. In-home pediatric services significantly reduce the medical expenditure by shortening hospital stays for children requiring complex medical assistance. The pediatric care service is a thriving sector in the home healthcare industry and offers immense potential for players to expand their services. One of the major players in the market, BAYADA Home Health Care, mentioned pediatric nursing services as its largest revenue generating specialty, accounting for about one-third of its revenue. Know More @ https://www.grandviewresearch.com/industry-analysis/pediatric-home-healthcare-market/request/rs1 Further key findings from the study suggest:
Some of the key players in the market are DJK HOME HEALTHCARE LLC; Aveanna Healthcare; Tendercare Home Health;BAYADA Home Health Care; BrightStar Care; Pediatric Home Healthcare;New England Home Care, Inc.;Angels of Care Pediatric Home Health;EnViva Paediatric Care;eKidzCare; ParaMed; MGA Homecare;At Home Healthcare; and Interim HealthCare, Inc. Like it? Share it!More by this author |