The size of the Middle East and Africa home healthcare market is estimated to be USD 28.01 billion by 2029 from USD 19.2 billion in 2024, growing at a CAGR of 7.74% during the forecast period.
The growing aging population and rising chronic disease patient population across the MEA region are propelling the home healthcare market in Middle East & Africa . For instance, an estimated 74 million people aged above 65 years in the African region in 2020. The growing number of home healthcare programs help the elders and the people who are not interested in getting treatment in the hospital receive good care and assistance. Additionally, it has been predicted that the people taking treatment in their homes have a higher success rate. It also helps them improve their quality of life compared to hospitals.
The rising adoption of telehealth by the population in the MEA region is anticipated to favor the MEA home healthcare market growth. Even though the telehealth process aids without the physical presence of the healthcare provider and through video and audio calls, its efficiency is still very commendable. In addition, the patient's condition is continuously monitored using home healthcare devices, further promoting growth. Furthermore, the availability of portable glucose meters, blood pressure monitoring devices, and heart rate monitoring devices are helpful for easy access to telehealth technology.
The growing R&D around home healthcare devices further promotes the home healthcare market in MEA. Pharmaceutical companies and manufacturers focus on developing home healthcare devices with advanced technologies such as artificial intelligence, sensors, etc. For example, developing devices or software to remind patients to take their pills. Increasing product approval and increasing research and development are the other factors that help the market growth.
The growing healthcare costs in hospitals and the increasing need for cost-effective healthcare solutions are predicted to fuel the market’s growth rate in the MEA region. Treatment costs in hospitals are higher compared to treatment at home. Due to this money variation, people suffering from chronic diseases prefer to have treatment at home, which helps the market grow.
However, the scarcity of more skilled professionals for home healthcare services is hampering the home healthcare market in MEA. The other factors hampering the market growth are the high cost of home healthcare device settings, the older population's need for more adoption of advanced technology, and the need for reimbursement policies.
This research report on the Middle East and Africa home healthcare market is segmented and sub-segmented into the following categories.
Middle East & Africa Home Healthcare Market - By Product Type:
Middle East & Africa Home Healthcare Market - By Type:
Middle East & Africa Home Healthcare Market - By Services Type:
Middle East & Africa Home Healthcare Market - By Software:
Middle East & Africa Home Healthcare Market - By Country:
Geographically, the Middle East Africa region accounted for a moderate share of the worldwide market in 2022 and is expected to grow steadily during the forecast period owing to the increasing adoption of home healthcare products. Home healthcare also reduces the burden on hospitals in the Middle East Africa region. In this region, private and public healthcare organizations providing home healthcare services are increasing awareness programs about the benefits of home healthcare to the people. They advertise through social media, television, and other sources.
The UAE home healthcare market held the major share of the MEA market in 2022 and is expected to continue the same trend over the forecast period. The increasing adoption of home healthcare services by many hospitals majorly drives the growth of the MEA market. These hospitals provide patient care in a home setting by providing a team of medical professionals, including doctors, nurses, and therapists. In addition, increasing awareness among patients and their families about home healthcare services in UAE leads to adopting home healthcare demands market growth.
The Egyptian home healthcare market is expected to pace during the forecast period. Increasing home care jobs in Egypt is contributing to the growth of the Egyptian market. In addition, increasing training centers for people who want to take home healthcare training to provide treatment at people's houses also leads to demand for the market. Furthermore, the government has given several strict measures to establish home healthcare services by skilled professionals for the population's safety.
KEY MARKET PARTICIPANTS:
Companies playing a crucial role in the MEA Home Healthcare Market profiled in this report are Almost Family Inc., Amedisys Inc., General Electric Company (GE), Kinnser Software Inc., Linde Group, Omron Corporation, Roche Holding AG, Philips Healthcare, Mckesson Corporation, LHC Group Inc., Kindred Healthcare, Fresenius Se & Co Kgaa, Abbott Laboratories, and Apria Healthcare Group.
Frequently Asked Questions
The home healthcare market in MEA was worth USD 15.78 billion in 2022.
The growing aging population, the increasing prevalence of chronic diseases, and the rising demand for cost-effective healthcare solutions are some of the major factors propelling the home healthcare market growth in the MEA region.
Philips, Medtronic, and B. Braun, as well as regional players such as National Medical Care and Gulf Medical Projects Co. Ltd are some of the major companies in the MEA home healthcare market.
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