Ireland Home Healthcare Market Analysis Report [2022-30] I Insights10

Ireland Home Healthcare Market Analysis

$ 3999

The Ireland 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 growing elderly population and rising chronic diseases. The market is segmented by Device type and service type. Some key players in this market are Carezapp, Agincare, Irish Home Care, Indu Healthcare

ID: IN10IEHS010 CATEGORY: Healthcare Services GEOGRAPHY: Ireland AUTHOR: Nandini Shah

Buy Now

Ireland Home Healthcare Market Executive Summary

The Ireland 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. Home care services can be required by people of all ages due to, for instance, care needs to be associated with a chronic condition or disability, or following a stay in the hospital, older people represent a large proportion of service users; this is reflected in the allocation of resources for home care service provision.

By creating and executing a new integrated model of care for older people, Services for Older Persons will help to maintain the improvement of community care services. This will expand access to care and supports in the home and in the community, lowering the need for acute care and long-term residential care. Along with improving front-door frailty teams, HSE will continue deploying the 30 community specialist teams for older people. In Budget 2022, older people services would get a total of $2.57 Bn, including $32.69 Mn for new construction. The 5 million additional hours of home assistance funded with $163.52 million in 2021 will continue to be provided in 2022. Additionally, from 5% in 2021 to 11% in 2022, a portion of these increased home assistance hours will be set aside specifically for people with dementia.

Market Dynamics

Market Growth Drivers

The key factors driving the home healthcare market of Ireland are the growing elderly population and the rising number of people determined to fight diseases like heart issues, diabetes, and different respiratory sicknesses. Moreover, Asia-Pacific home healthcare devices are still in the early stages. Home healthcare is considered a cost-effective alternative to hospitalization and institutional care. The government is providing financial support and incentives for the development of the home healthcare industry in Ireland. 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 Ireland. These factors are driving home healthcare gadgets during the review time and henceforth will support market growth.

Market Restraints

There are many challenges facing the homecare market in Ireland, the high cost combined with the repayment issues related to the selection of home healthcare devices would control the market development. The lack of skilled nursing personnel with a compassionate attitude is anticipated to slow the rate of expansion of the Ireland home healthcare market. Home healthcare services in Ireland are often limited to basic care and may not have access to specialized care such as rehabilitation or palliative care. Reimbursement for home healthcare services is limited in Ireland, which can affect the growth of the industry.

Competitive Landscape

Key Players

Carezapp
Agincare
Irish Home Care
Indu Healthcare
Always with You
Home Dialysis Solutions
Bay Water Healthcare Ireland
Anns Home care
Ayodcare services
Bluebird home care
A-Z home care services

Notable Deals

In 2020, CareChoice, a leading provider of home healthcare services in Ireland, was acquired by ORIX Corporation, a Japanese financial services company.

Healthcare Policies and Regulatory Landscape

Ireland's new statutory home care scheme will not be developed in isolation. It will be designed to complement and integrate effectively with other health and social care services such as long-term residential care (including the Nursing Homes Support Scheme), primary and community services as well as hospital services.

The new scheme will also be developed in the context of relevant existing policies such as the Report of the Oireachtas Committee on the Future of Healthcare, National Carers Strategy37, the Positive Ageing Strategy, and the National Dementia Strategy38, among others. The National Service Plan sets out the government's priorities and funding for healthcare services in Ireland, including home healthcare services.

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

Home Healthcare Market Segmentation

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.

Testing, Screening, and Monitoring Device
Blood Glucose Monitors
Blood Glucose Monitors
Blood Pressure Monitors
Heart Rate Monitors
Temperature Monitors
Sleep Apnea Monitors
Coagulation Monitors
Ovulation and Pregnancy Test Kits
Pulse Oximeters
Home Hemoglobin A1C Test Kit

Therapeutic Home Healthcare Devices
Oxygen Delivery Systems
Nebulizers
Ventilators
Sleep Apnea Therapeutic Devices
Wound Care Products
IV Equipment
Dialysis Equipment
Insulin Delivery Devices
Inhalers
?Other Therapeutic Products (ostomy devices, automated external defibrillators (AEDs)

Mobility Assist
Walkers and Rollators
Wheelchairs
Canes
Crutches
?Mobility Scooters

By Service Type (Revenue, USD Billion):

Skilled Nursing Services
Rehabilitation Therapy Services
Hospice and Palliative Care Services
Unskilled Care Services
Respiratory Therapy Services
Infusion Therapy Services
Pregnancy Care Services?

By Indication Type (Revenue, USD Billion):

Cardiovascular Disorders & Hypertension
Diabetes
Respiratory Diseases
Pregnancy
Mobility Disorders
Hearing Disorders
Cancer
Wound Care
?Other Indications (sleep disorders, kidney disorders, neurovascular diseases, and HIV)

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

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:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

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:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

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:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

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.