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NEWARK, Del, Dec. 23, 2024 (GLOBE NEWSWIRE) -- The global home care services market, valued at USD 581.2 billion in 2024, is expected to experience significant growth, reaching USD 1,614.1 billion by 2035, at a robust compound annual growth rate (CAGR) of 10.5% from 2025 to 2035.
Home care services include help with daily tasks such as meal preparation, medication reminders, laundry, light housekeeping, errands, shopping, transportation, and companionship. Home health care is medical in nature and is provided by licensed, skilled healthcare professionals. Home health care providers deliver services in the client's own home.
Homecare (home care, in-home care), also known as domiciliary care, personal care or social care, is health care or supportive care provided in the individual home where the patient or client is living, generally focusing on paramedical aid by professional caregivers, assistance in daily living for ill, disabled or elderly people, or a combination thereof.
As of 2018, Bayada Home Health Care operates more than 360 offices in 26 states, as well as India. [7] The company employs more than 28,000 nurses, home health aides, therapists, medical social workers, and other health care professionals. [7] The company ranks as #14 on the list of largest employers in Philadelphia and has been on. [11]
It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care. Elderly care emphasizes the social and personal requirements of senior citizens who wish to age with dignity while needing assistance with daily activities and with healthcare. Much elderly care is unpaid. [1]
Living-in caregivers can provide all of the services found in assisted living, but in the client's own home, eliminating the need for a potentially traumatizing move. [18] Live-In care also allows for constant one-one-one interaction between client and caregiver, as the patient is the only individual receiving care.
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