Global Outpatient Home Therapy Market Overview:
Outpatient Home Therapy is provided by home healthcare agencies, where the therapist provides therapy in the beneficiary’s home. It is widely used by the patients that are unable to travel for getting the healthcare services mainly due to lack of physical inability to travel. The United States is dominating the North American market mainly due to the high availability of advanced services & expenditures and increasing elder patient population. The rising number of multi-specialty care centers and rising standard of living is expected to drive the market growth in forecast period
As per latest study released by AMA Research, the Global Outpatient Home Therapy market is expected to see growth rate of 8.1%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Popularity of Home Health Outpatient Therapy in Asian Countries
Market Growth Drivers:
Growing Occurrences Of Chronic Diseases and Demand For Continuous Care With Comfort Of Home
Challenges:
Insufficient Number Of Healthcare Professional For Physical Therapy
Restraints:
High Cost of Home Therapy And Lack Of Availability Of Essential Services In Remote Area
Opportunities:
Greater Insurance Coverage For Aging Population and Adoption of Outpatient Home Therapy in Developed Countries
Competitive Landscape:
The global outpatient home therapy market is moderately competitive and consists of several providers who compete based on factors such as service quality and pricing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for the growth of providers in outpatient home therapy market.
Some of the key players profiled in the report are Olean Physical Therapy Professionals (United States), AmeriCare Physical Therapy (United States), Graceville Physiotherapy (Australia), Osher World Wide (India), Rehab Alternatives, Pllc (United States), FullMotion Physical Therapy (United States), PIVOT Physical Therapy (United States), SPI ProHealth Limited (Hong Kong), Meier & Marsh Physical Therapy (United States), Smart Speech Therapy (United States), Therapy Solutions. LLC (United States), Speech Plus (India), Glenda Browne Speech Pathology (Australia), Benchmark Therapies (United States) and Talk Speech and Language Therapy (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global Outpatient Home Therapy market by 2030. Considering Market by Therapy Charge, the sub-segment i.e. Premium will boost the Outpatient Home Therapy market.
Latest Market Insights:
On March 28, 2023, Luna, a leading provider of in-home, in-person physical therapy, announced a partnership with Healthcare Outcome Performance Company (HOPCo). This collaboration aims to deliver in-home outpatient physical therapy across HOPCo's national network.
In November 2022, Summit Rehabilitation announced the grand opening of its first outpatient physical therapy clinic in Kirkland, conveniently located at 345 Kirkland Ave.
What Can be Explored with the Outpatient Home Therapy Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Outpatient Home Therapy Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Outpatient Home Therapy
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Outpatient Home Therapy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Outpatient Home Therapy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Outpatient Home Therapy Providers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.