Increasing trend of elderly population

The world and our way of life have changed dramatically due to the COVID-19 pandemic. As businesses closed and hospital admissions for coronavirus patients were restricted to hospitals, home health care met the need for outpatient services.

The early weeks of the pandemic highlighted the potential of this concept. But research conducted before the pandemic showed that home health care was already on the rise.

In 2013, the size of the home health care services industry was estimated at $68.3 billion. Just seven years later, in 2020, the industry has grown more than 50% of his, to nearly $103 billion. As a result, state-owned enterprises are being set up across the country to meet the need to support the elderly and reduce healthcare costs.

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