According to a new market research report published by sheer analytics and insights, “The Global House Call Market was valued at $1.4 Billion in 2020. Growing at a high CAGR of more than 8.1% between 2021 and 2031, it is estimated to reach $3.4 Billion by 2031", as per the latest market research report titled House Call Market (By Service Outlook- Primary Care, Urgent Care, Preventive Care, Mobile Clinical Testing, Chronic Care Management, and Others. By Geography-North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Industry analysis, size, share, growth, trends, and forecast, 2021 – 2031
Growing demand for accessible, cost-efficient, and convenient healthcare and wellness services is anticipated to drive the market during the forecast period. In addition to this, house call practices in the U.S. are expected to decrease the hospital expenditure for Medicare beneficiaries in chronic conditions. However, Healthcare organizations focus more on preventive care and improving wellness rather than crisis and emergency care. Advanced medical devices and healthcare technology have enabled house call practices to provide constant, coordinated care to patients in a nearby location at affordable prices.
However, the current pandemic of the COVID-19 makes some changes in the growth of the House Call market. Physician house call practices have an exponential demand for urgent care and chronic conditions management during the ongoing COVID-19 pandemic. However, the critical care clinics and hospitals managed the infected patients, other patients for routine check-ups and chronic diseases were advised to use telemedicine or use house call services to flatten the curve. Apart from that, the rising of the life science tools sector across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2021 to 2031.
Geographically, The House Call Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include Heal, SOS Doctor House Call, Inc., Urgent Med Housecalls, House Call Doctor Los Angeles, Housecall Doctors Medical Group, Doctor On Demand, Inc., Resurgia Health Solutions LLC., MDLIVE Inc., Mount Sinai Visiting Doctors, and Visiting Physicians Association among others.
The Global House Call Market Has Been Segmented into:
Global House Call Market: By Service Outlook
Global House Call Market: By Region