Home Health Care Services

With an aging population it will come as no surprise to most people that the home health care services industry has seen steady growth over the last decades and is forecast to see continued growth well into the next decade.

Today’s market size post is the revenue earned in 2002 and 2012 by all firms with employees in the business of providing home health care services in the United States. This industry [NAICS 6216] is defined as follows by the Census Bureau: “This industry comprises establishments primarily engaged in providing skilled nursing services in the home, along with a range of the following: personal care services; homemaker and companion services; physical therapy; medical social services; medications; medical equipment and supplies; counseling; 24-hour home care; occupation and vocational therapy; dietary and nutritional services; speech therapy; audiology; and high-tech care, such as intravenous therapy.”

Geographic reference: United States
Year: 2002 and 2012
Market size: $30.39 billion and $66.07 billion respectively
Sources: (1) “Table 8.1. Health Care and Social Assistance (NAICS 62)—Estimated Revenue for Employer Firms: 2002 Through 2010,” Service Annual Survey 2010, February 2012, page 151, available online here. (2) “Table 1 – Selected Services Estimated Quarterly Revenue for Employer Firms Fourth Quarter 2003 Through Fourth Quarter 2012,” Annual Benchmark Report for Services through 2012, a link to which is available on the U.S. Census Bureau’s website, here.
Original source: U.S. Department of Commerce, Bureau of the Census
Posted on November 13, 2013