The New Zealand home healthcare market was valued at $XX Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of XX% from 2022 to 2030 and will reach $XX Bn in 2030. One of the main reasons propelling the growth of this market is the introduction of newer technologies, the aging population. The market is segmented by component and by services. Some key players in this market are Bupa care home, Solora, Miranda Smith Homecare, Spectrum care, Lifewise Homecare services, New Zealand Health Group, Geneva Healthcare
The New Zealand home healthcare market was valued at $XX Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of XX% from 2022 to 2030 and will reach $XX Bn in 2030. The home healthcare market in New Zealand is growing due to an aging population and increasing demand for convenient and cost-effective healthcare services. Key players in the market include public health services, private home care providers, and nursing homes. Services offered include, in-home nursing care, physiotherapy, rehabilitation services, and occupational therapy. The government is supporting the growth of the home healthcare industry by providing funding and incentives for the development of home healthcare services. There is also a high demand for trained and qualified healthcare professionals in the home healthcare sector in New Zealand.
According to estimates from the National Supplementary Health Agency's Supplementary Health Assistance Map, 96 thousand of New Zealanders 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
New Zealand’s aging population is driving demand for home healthcare services, as elderly individuals prefer to receive care in the comfort of their own homes. Also, home healthcare services are considered more cost-effective than hospitalization or institutional care, which is driving growth in the industry. Home healthcare services provide patients with the convenience of receiving medical treatment in their own homes, which is driving demand for the industry. With the increase in technology. 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 New Zealand. With the rise in 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.
Market Restraints
In many regions in New Zealand, there is a shortage of the infrastructure required to offer home healthcare services, such as reliable transportation and simultaneous communication networks. Many home healthcare providers lack access to the most recent medical technology and advancements, which might restrict the breadth of services they can offer. It is projected that the shortage of compassionate nursing staff would restrict the rate of growth of the New Zealand home healthcare sector. In New Zealand, home healthcare providers are frequently restricted to providing only the most basic care and may not have access to more specialist treatment, such as rehabilitation or palliative care.
Key Players
In 2020, Healthcare of New Zealand, a leading provider of home healthcare services in the country, was acquired by Royal BAM Group, a multinational construction company.
In 2019, Enliven Homecare, a provider of home-based care and support services, was acquired by healthcare provider, Summerset Group.
Healthcare policies play an important role in shaping the home healthcare market in New Zealand. Some key healthcare policies that have an impact on the home healthcare services industry in New Zealand include:
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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Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
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