Home Care Providers in Canada
There has been a growing trend of health consciousness in the general public, as the population is putting a greater premium on their health and comfort. Compounding this is the aging population, with the number of adults 65 and older increasing. Healthcare services are in greater demand than ever. The industry has benefited from this trend, as increased health expenditure has provided a boost to the entire healthcare sector and caused revenue growth in this industry. Despite some uncertainty surrounding the finalization of a new National Health Accord, IBISWorld forecasts industry revenue to grow over the next five years.
This industry primarily provides skilled nursing services in the home, combined with a range of other home services such as personal care services, homemaker and companion services, physical therapy, medical social services, dietary and nutritional services, speech therapy, audiology, medications and intravenous therapy. While most home care services are provided by publicly managed agencies, only those services delivered by private operators are counted in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.