2024 Home Health Care Services Industry Research Report

Home Health Care Services - Market Size and Industry Forecast

The 2024 Home Health Care Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the home health care services industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

Lock

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Home Health Care Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Home Health Care Services companies in the United States.

Home Health Care Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesHome Health Care Services
Small Business (< 5 Employees)

Lock

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Home Health Care Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Lock

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Home Health Care Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Lock

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Home Health Care Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Lock

Traditional home health care services
Traditional home health care services with rehabilitative services
Home hospice care services
Traditional home health care services without rehabilitative services
Home nursing care services
Homemaker & personal care services
Rental or lease of goods and/or equipment
Home infusion therapy services
All other operating receipts

Home Health Care Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Lock

Chief Executives0%
General and Operations Managers1%
Healthcare Practitioners and Technical Occupations24%
Health Diagnosing and Treating Practitioners17%
Registered Nurses13%
Registered Nurses13%
Health Technologists and Technicians7%
Licensed Practical and Licensed Vocational Nurses6%
Licensed Practical and Licensed Vocational Nurses6%
Healthcare Support Occupations38%
Nursing, Psychiatric, and Home Health Aides37%
Nursing, Psychiatric, and Home Health Aides37%
Home Health Aides31%
Nursing Assistants6%
Personal Care and Service Occupations23%
Other Personal Care and Service Workers23%
Personal Care Aides23%
Personal Care Aides23%
Office and Administrative Support Occupations7%

Government Contracts

In the past, the federal government spent an annual total of $82,809,545 on the home health care services industry. It has awarded 1,558 contracts to 204 companies, with an average value of $405,929 per company.

Home Health Care Services and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Lock





Home Health Care Services Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

Related Market Research Reports

Ambulatory Health Care Services
Offices of Physicians
Doctors & Physicians
Physicians, Mental Health Specialists
Offices of Psychiatrists
Offices of Dentists
Dentists & Dental Offices
Offices of Other Health Practitioners
Chiropractors
Optometrists
Psychologists & Psychiatrists
Offices of Mental Health Practitioners
Physical, Occupational & Speech Therapists & Audiologists
Podiatrists
Homeopathic & Alternative Medicine Practitioners
Miscellaneous Health Practitioners
Outpatient Care Centers
Family Planning Centers
Outpatient Mental Health & Substance Abuse Centers
HMO Medical Centers
Kidney Dialysis Centers
Freestanding Ambulatory Surgical & Emergency Centers
Urgent Care
Medical & Diagnostic Laboratories
Medical Laboratories
Diagnostic Imaging Centers
Home Health Care Services
Ambulance Services
Blood & Organ Banks