India Home Healthcare Market Outlook to 2023
By Patient Profile (Elderly Care, Physiotherapy, Stroke rehabilitation, Wound Care and Others); By Organized (Subscription and Non Recurring Model) and Unorganized, By Major Cities
Region:Asia
Product Code:KR761
March 2019
130
About the Report
The report titled "India Home Healthcare Market Outlook to 2023 - By Patient Profile (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke rehabilitation, and Others); By Organized (Subscription and Non-Recurring Model) and Unorganized, By Major Cities" provides a comprehensive analysis on the Home Healthcare Market of India. The report covers various aspects including introduction, market size by revenue (2013-2018), overall home healthcare market segmentation by market structure, by age group of patients, by profile of patients, by major cities and by subscription and recurring models, competition scenario in the industry, company profiles of major players in the market, growth drivers, trends and developments, issues and challenges in the home healthcare market and the regulatory framework of the industry. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.
Market Overview: India home healthcare market is in its early growth stage and has increased at a positive double-digit CAGR during the period 2013-2018 majorly due to the increasing elderly population, growing prevalence of chronic diseases/ strokes among the younger population and shifting demand trends from unorganized to organized segment. It has been observed that the trend towards home healthcare witnessed a rise in line with an improvement in the level of technology, growing awareness and the increasing shift towards professional medical/ midwives, at home chemotherapy sessions for cancer patients combined with physiotherapy sessions at home.
Market Segmentation
Tier 2 cities such as Chandigarh, Lucknow, Indore, Nagpur, Coimbatore, Bhopal, Agra contribute the second most in terms of revenue of the home healthcare market in India.
Home healthcare providers have not been able to tap into tier 3 cities due to various reasons ranging from an extremely low level of income, lower profitability to the people still being skeptical about trying at-home medical care.
By Organized/ Unorganized Segment: The Indian home healthcare market is currently dominated by the unorganized sector, contributing the maximum to the industry revenue. Unorganized players have regional concentration operating in only 1 state or city. The unorganized sector still dominates the market for home healthcare services as it's still in its early growth stage and major players are still working on establishing their presence in major cities. The organized sector constitutes a rather small part of the total market size of the home healthcare market in India, though the penetration is increasing in metro/ tier 1 cities.
By Subscription and Non-Recurring Model: Subscription models make up for a smaller proportion of the total organized market size as they’re yet to gain popularity and the industry has seen numerous cases of patients opting out of these subscriptions before the stipulated time. Subscription models enable patients to receive services offered by home healthcare providers at a moderate discount for a stipulated period of time. Usually, these subscriptions are offered for a period of 6, 9 and 12 months. The non-recurring model makes up for the majority of the total market size for the organized sector.
By Profile of Patients: Elderly care services constitute the largest part of the home healthcare services market. The other segments include physiotherapy, stroke rehabilitation, wound care, and others. These segments contribute relatively lower proportions to the total market size.
Competitive Landscape: The home healthcare market in India is in its early growth stage. The market shows a lot of potentials to grow over the coming years due to the shift in preferences and types of services demanded. The market is highly fragmented with the presence of a large number of unorganized players as compared to organized players. The major players in the market compete on factors such as Brand value, Speciality treatments offered, Expertise and Coverage, among others. The major players in the market include Portea Medical, Apollo HomeCare, Healthcare AtHome, and India Home Health Care among others.
India Home Healthcare Future Outlook: The India Home Healthcare Market is expected to grow at a positive double-digit CAGR during the period 2018-2023. The growth is expected to be driven by factors such as the rise in the geriatric population and the increasing prevalence of stroke in the age group of 18-45 years combined with a rise in overall post-trauma care patients. In addition, the expected onset of regulations and the measures to bring home healthcare services under the purview of insurance are also expected to help the market grow further.
Products
Key Target Audience
- Home Healthcare Service Providers
- Hospital Chains
- Private Equity/ VC Fund
- Health Care Associations
Time Period Captured in the Report:
- Historical Period – 2013-2018
- Forecast Period – 2019-2023
Companies
Companies Covered:
- Portea Medical
- Healthcare At Home
- MedWell Ventures
- Care24
- CallHealth Services
- Apollo HomeCare
- India Home Healthcare
- Critical Care Unified
- Key Topics Covered in the Report
- Introduction
- Ecosystem of India Home Health Care Market
- India National Health Account Statistics
- Market Size by Revenue
- Market Segmentation
- Competition Scenario
- Company Profiles of Major Companies
- Growth drivers
- Trends and Developments
- Issues and Challenges
- Regulatory Framework
- Future Outlook and Projections: Market Size
- Future Outlook and Projections : Market Segmentation
- Analyst Recommendations
Table of Contents
1. Executive Summary
1.1. India Healthcare Market Overview
1.2. India Home Healthcare Market Overview
1.3. India Home Healthcare Market Segmentation
1.4. Competitive Landscape
1.5. India Home Healthcare market Future Outlook
2. Research Methodology
2.1. Market Definitions and Size
2.2. List of Abbreviations
2.3. Market Sizing and Modeling
Variables Dependent and Independent
Multifactor Based Sensitivity Model:
Limitations
Conclusions
3. Indian Home Healthcare Market Ecosystem
4. India Home Healthcare Business Model
5. Indian National Health Account Statistics
5.1. Registered Nurses and Pharmacists in India
5.2. Distribution of Projected Population of India
5.3. Distibution of Population by Age Group, Sex and Residence
5.4. Population in the Age Group 60 and Above, Distributed State Wise
5.5. Mortality Indicators Over the Years
5.6. Trends in Public Health Expenditure Over the Years
5.7. Average medical and Other expenditure per Hospitalization Case for Each Quintle
5.8. Average Medical and Other Related Expenditure on Account of Hospitalization per Hospitalization case for Each State and UT (RURAL)
5.9. Average Medical and Other Related Expenditure on Account of Hospitalization per Hospitalization case for Each State and UT (Urban)
5.10. Major sources of Finance for Hospitalization Expenditure for Households in Different Quintile Classes of UMPCE
5.11. Number of Doctors Registered with State Medical Councils /Medical Council of India per State/UT Over the Years.
5.12. Number of Dental surgeons registred With Central/State Medical Councils of India per State and UT.
5.13. Ayush Registered Practitioners
6. India Home Health Care Market Introduction
6.1. Health Care Market in India
6.2. Home Healthcare Market in India
7. India Home Healthcare Market Size By Revenue, FY’2013-FY’2018
8. India Home Healthcare Market Segmentation, FY’2018
8.1. By Profile of Patients (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke rehabilitation, and Others), FY’2018
Incidence of Stroke related Cases in India
8.2. By Organised and Unorganised Market, FY’ 2018
8.3. By Subscription and Non Recurring Model (Organized Sector)
8.4. By Tier 1, Tier 2 and Tier 3 Cities, FY’2018
8.4.1. By Major Cities (Delhi/ NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkatam Ahmedabad), FY’2018
8.5. By Age Group, FY’2018
9. Pricing Solutions Offered in the Market
10. Trends and Developments in India Home Healthcare Market
10.1. Rising Hospitalization Costs
10.2. Increase in Geriatric Population
10.3. Increase in Partnerships
10.4. Technology Oriented Growth
10.5. Expansion in the Suite of Services Offered
11. Issues and Challenges in India Homehealthcare Market
11.1. Predominance of the Unorganised Sector
11.2. Lack of Adequate and Skilled Manpower
11.3. Low Penetration Rate
11.4. Lack of Regulations
11.5. Lack of Insurance Coverage
12. Competitive Landscape of India Home Healthcare Market
12.1. Competition Parameters in India Home Healthcare Market
12.2. SWOT Analysis of India Home Healthcare Market
13. Company Profiles of Major Players in India Home Healthcare Market, 2018
13.1. Portea Medical
13.2. Healthcare AtHome
13.3. MedWell ventures
13.4. Care24
13.5. Call Health Services
13.6. Apollo Homecare
13.7. India Home Healthcare
13.8. Critical Care Unified (CCU) Homecare
14. Key Funding and Mergers and Acquisitions Scenario in India Home Healthcare Market
14.1. Mergers and Acquisitions
14.2. Major Funding in India Home Healthcare Market
14.3. Philips Home Care Services
15. Indian Home Healthcare Market Future Projection and Outlook, FY’2019-FY’2023E
16. India Home Healthcare Future Market Segmentation, 2023
16.1. By Region/Tier Wise, 2023
16.2. By Organised and Unorganised Market, 2023
16.3. By Age Group, 2023
16.4. By Subscription and Non Recurring Model (Organized Sector), 2023
16.5. Profile of Patients, 2023E
17. Analyst Recommendations
Disclaimer
Contact Us
Why Buy From Us?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.