Saudi Arabia Home Healthcare Market to Grow at a CAGR of 7.1% to reach US$ 10,320.94 million from 2021 to 2028

The Saudi Arabia home healthcare market is projected to reach US$ 10,320.94 million by 2028 from US$ 6,385.98 million in 2021; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.

Home healthcare includes a wide range of healthcare services for illness in homecare settings. The goal of home healthcare is to treat injury and improve health outcomes for the patient. These services are more convenient and less expensive and are efficient for chronic diseases, elderly population, nutrition therapy and serious illness of the patient.

Market Insights

Changing Age Profile and Its Impact on Demand for Home Healthcare

The increasing the number of elderly residents, which supports the surge in demand for home healthcare products and services. In mid-2019, the population of Saudi Arabia was 34.2 million; it grew from 27.1 million in 2010 at a CAGR of over 3% during this period. According to the Saudi Arabian General Investment Authority (SAGIA), the population of the country is predicted to reach ~45 million by 2030 at a yearly growth rate of 2.5%. The population and its diversity are the key determinants of future healthcare requirements. At present, 23 million people (69% of the total population) are aged less than 40, and the number is estimated to rise to 28 million by 2030. Only 5.5% (1.8 million) of the population is over 60, but that number is projected to rise to 11.1% (~4.9 million) by 2030. The predicted rise in geriatric populations is likely to propel the need for services offered for senior citizens, such as long-term care, rehabilitation, and home care services, in the coming years.

Product Type-Based Insights

Based on the product type, the market is segmented into therapeutic, diagnostic, and mobility assist. The therapeutic segment held the largest share of the market in 2021.

Saudi Arabia Home Healthcare Market, by Product Type – 2021 and 2028

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

Saudi Arabia Home Healthcare Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

The Saudi Arabia home healthcare market players adopt organic strategies such as product launch and expansion to expand their footprint and product portfolio worldwide and meet the growing demand.

The Saudi Arabia home healthcare market has been segmented as follows:

The Saudi Arabia home healthcare market is segmented on the basis of product type, indication, and service. Based on product type the home healthcare market is segmented into therapeutic, diagnostic, and mobility assist.  

Based on indication the home healthcare market is segmented into cancer, respiratory diseases, mobility disorders, cardiovascular disorders, pregnancy, wound care, diabetes, and other indications.  

Based on service the home healthcare market is segmented into skilled nursing, rehabilitation therapy, hospice and palliative care, unskilled care, respiratory therapy, infusion therapy, and pregnancy care.  

Company Profiles

• Fresenius Medical Care AG & Co KGaA
• General Electric
• LINDE
• F. HOFFMANN-LA ROCHE LTD.
• SALAM Al-Motamayeza Medical Services Co. Ltd.
• VitalAire Saudi Arabia
• Abbott
• AlBait Home Care
• CARESA HOME CARE
• FAKEEH Home Health Care

Report Scope

Saudi Arabia Home Healthcare Market Regional Insights

The regional trends and factors influencing the Saudi Arabia Home Healthcare Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Saudi Arabia Home Healthcare Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Saudi Arabia Home Healthcare Market Report Scope

Saudi Arabia Home Healthcare Market Players Density: Understanding Its Impact on Business Dynamics

The Saudi Arabia Home Healthcare Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Saudi Arabia Home Healthcare Market are:

1. Fresenius Medical Care AG & Co KGaA
2. General Electric
3. LINDE
4. F. HOFFMANN-LA ROCHE LTD.
5. SALAM Al-Motamayeza Medical Services Co. Ltd.

Disclaimer: The companies listed above are not ranked in any particular order.