by Corinne Gangloff
January 4, 2018
Through 2021, revenues for home healthcare are projected to increase 5.7% annually to $104 billion. Growth will be driven by a number of factors, including:
Faster gains will be limited by competition from nurses that are hired directly by the individual or their family, which are not covered within the scope of the study. Revenues are also restrained by the fact that some individuals refuse to receive healthcare services in their home. These and other trends are presented in Elder Care Services Market in the US, 4th Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Revenues for all elder care services are projected to increase 4.8% annually through 2021 to $388 billion. Gains will be supported by a variety of factors, including:
Related studies include:
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