Brazil's home healthcare market was valued at $9.07 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 8.93% from 2022 to 2030 and will reach $17.97 Bn in 2030. One of the main reasons propelling the growth of this market is the introduction of newer technologies and the ageing population. The market is segmented by component and product. Some key players in this market are Fleury Home Healthcare, Casa de Repouso, Home Care, Medcare Home Healthcare, Healthway Home Healthcare, and Inca Home Healthcare.
Brazil's home healthcare market was valued at $9.07 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 8.93% from 2022 to 2030 and will reach $17.97 Bn in 2030. Brazil has a publicly-funded healthcare system, known as the Unified Health System (SUS), which provides basic healthcare services to all citizens, including home healthcare. However, the quality and availability of home healthcare services provided by the SUS can vary widely depending on the region and population served. In addition, there are also private home healthcare providers in Brazil, which may offer a higher level of service, but at a cost to the patient.
According to estimates from the National Supplementary Health Agency's Supplementary Health Assistance Map, 96 thousand of Brazilians currently use home care services (apart from those who are eligible for chronic disease programs). In 2018, this market had a 34% increase, according to a poll by the Federation of Hospitals, Clinics, and Laboratories of the State of So Paulo (FEHOESP).
Market Growth Drivers
The rising prevalence of chronic diseases such as diabetes and heart disease is increasing the demand for home healthcare services as they are better suited to manage and monitor these conditions on an ongoing basis. Technological advancements have made healthcare devices portable, user-friendly, and more convenient for patients at home or traveling. The introduction of newer technologies in this market has greatly boosted the current communication flow between patients and healthcare providers, enabling better, faster, and more effective care. Developments in technology coupled with increasing demand are likely to drive market growth in Brazil. Several companies have ventured into the delivery of medicines, further contributing to the patient-centric advantages of in-home care. Because of technological improvements, healthcare equipment is now portable, user-friendly, and more practical for patients who are at home or on the go. The adoption of emerging technologies in this sector has significantly increased the present patient-provider communication flow, enabling better, quicker, and more efficient care. Technology advancements and rising demand are projected to fuel market expansion in Brazil. A number of businesses have dabbled in drug delivery, adding to the patient-centric benefits of in-home care. Also, with the growing awareness of home healthcare as a viable option for patients, more people are opting for home healthcare services instead of hospitalization.
Market Restraints
Many areas in Brazil lack the infrastructure necessary to provide home healthcare services, such as adequate transportation and communication systems at the same time Many home healthcare providers do not have access to the latest technologies and innovations in home healthcare, which can limit the range of services they can provide. The lack of skilled nursing personnel with a compassionate attitude is anticipated to slow the rate of expansion of the Brazil home healthcare market. Home healthcare services in Brazil are often limited to basic care and may not have access to specialized care such as rehabilitation or palliative care. The quality of home healthcare services provided by the SUS can vary widely depending on the region and population served, and private home healthcare providers may not have the same level of oversight and regulation.
Key Players
In 2021, Fleury S.A., one of the largest private home healthcare providers in Brazil, announced an acquisition of a home healthcare provider that specializes in elderly care, called Casa de Repouso. This deal allowed Fleury to expand its presence in the home healthcare market and to improve its services to elderly patients.
In 2019, Brazilian private equity firm, Patria Investments, announced an investment in Healthway, a home healthcare provider, with plans to expand the company's services and acquire other home healthcare providers.
Home Health Care for COVID-19: Brazil has implemented home health care for COVID-19 patients as a way to reduce the number of hospitalizations and to avoid the spread of the disease in hospitals.
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Device Type (Revenue, USD Billion):
Based on the Device Type the market is segmented into Testing, Screening, Monitoring Devices, Therapeutic Home Healthcare Devices, and Mobility Assist.
By Service Type (Revenue, USD Billion):
By Indication Type (Revenue, USD Billion):
Methodology for Database Creation
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How Do We Get It?
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1. Secondary Research
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2. Primary Research
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Combining Secondary and Primary Research
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