"Designing Growth Strategies is in our DNA"
The Netherland home healthcare market size stood at USD 570.0 Million in 2018 and is projected to reach USD 1,013.1 Million by 2026, exhibiting a CAGR of 7.6% in the forecast period (2019-2026).
According to provisional figures published by the Central Bureau of Statistics (CBS) the Netherlands, on January 1, 2019, an estimated 3.31 million population in the Netherlands was above 65 years old, which accounted for an estimated 19.4% of the total population of the Netherlands.
Moreover, according to the statistics published, by 2023, the share of the elderly population will reach an estimated 23.0% as compared to 19.4% in 2019. This offers a substantial amount of opportunity for the growth of the Netherland home healthcare market by 2026 since the adoption of home healthcare products is higher by the elderly population.
Request a Free sample to learn more about this report.
As the population is aging, this demographic group is highly vulnerable to mental disorders such as dementia, diabetes, and others. According to research conducted by OECD (Organization for Economic Co-operation and Development) in 2015, an estimated 15 people per 1000 population were suffering from dementia, moreover, it is estimated to increase up to 26 people per 1000 population by the end of 2035.
Considering these facts, the aging population and rising prevalence of chronic conditions is expected to boost the adoption of home healthcare products in the Netherlands during the forecast period.
"Home Healthcare Equipment & Housekeeping Supplies Segment Dominated the Netherland Home Healthcare Market"
In 2018, the equipment & housekeeping supplies segment accounted for a dominating share of 52% and is expected to emerge dominant throughout the forecast period. The largest share of the segment is attributable to the rising elderly population which leads to higher demand for mobility care products, self-diagnostic & monitoring devices such as blood pressure monitors, blood glucose monitors, pulse oximeters, heart rate monitors, and others.
The treatment cost of diseases at home is lesser as compared to institutional care due to exclusion of hospital costs and additional charges. Utilization of home healthcare services along with medical products at home can offer a significant cost reduction of the overall treatment, which is expected to result into higher adoption of home healthcare products, resulting into the growth of the Netherland home healthcare product market.
To know how our report can help streamline your business, Speak to Analyst
The continence care segment is considered to be the second most leading segment in the Netherlands home healthcare market, during the forecast period owing to the rising demand of continence care products by the elderly population. The prevalence of urinary incontinence in the Netherlands is high. Several studies have revealed that the probability of urinary incontinence rises with age. Moreover, the incidence of urinary incontinence is higher in women compared to men in the Netherlands. The increasing prevalence in the elderly population is the key reason driving the growth of the continent care segment, and ultimately the Netherland home healthcare market revenue during the forecast period.
"Supportive Government Acts & Policies Along with Increasing Healthcare Expenditure on Elderly Population Likely to Drive the Netherland Home Healthcare Market During the Forecast Period"
The Health Insurance Act and the Long- Term Care Act amongst others are the basic foundation of the Netherlands overall healthcare system. The Netherlands government allocates heavy budgets for the implementation of these two important acts each year. The Health Insurance Act deals with hospital care while that of Long-Term Care Act deals with the other types of care, which includes, elderly care, home healthcare and others. Increasing prevalence of chronic conditions and supported by favourable government policies are expected to boost the adoption of home healthcare products in the Netherlands during the forecast period.
Long-Term Care Act, enforced in 2015 deals with the group of elderly patients who are suffering from dementia, physical disability, and long term psychiatric disorders. Moreover, by enforcement of this law, the government has given more priority to home healthcare as compared to institutional care, which is expected to drive the growth of the Netherland home healthcare market during the forecast period.
According to budget plans announced by the government in 2019, the government is expected to invest an estimated US$ 1,350.4 Mn on personal and elderly care during 2019. Moreover, according to the government’s estimates, the funding for elderly care is expected to increase up to US$ 3,376.0 Mn during 2019, which will be utilized for elderly home care. Additionally, the Social Support Act, which was transferred to the municipalities in 2015, deals with the care of people with physical disabilities, learning disabilities, and others. Under this act, the government offers support and self-reliance to the patients and enables them to become self-dependent. Such factors add boost to the Netherland home healthcare market growth and are expected to continue doing so in the forecast period.
"SCA, Smith & Nephew, and Coloplast Estimated to Hold Largest Share in Continence Care, Wound Care, and Ostomy Care Products Respectively"
The Netherlands continence care market is semi-consolidated with numerous small-to-mid-size companies actively operating in the country. The Netherland home healthcare market is dominated by 3 major players, which are SCA, Kimberly Clark, and Unicharm, together accounting for over 50% of market share in the Netherlands in 2018. The market with respect to wound care products is a consolidated market dominated by KCI Licensing, Smith & Nephew, and Molnlycke health care.
These top 3 players accounted for around 50.0% market share in 2018. Coloplast A/S dominated the ostomy care product segment in the market, with a share of around 50.0% in 2018. The company is reinforcing its strategic position in the European market owing to a robust distribution network, strong penetration in the market across all European countries.
An Infographic Representation of Netherland Home Healthcare Market
To get information on various segments, share your queries with us
Home healthcare includes is a wide range of services and the products offered for the patients that can be taken care of at their homes. The report on Netherland home healthcare market analysis focuses on the home healthcare medical technologies especially for continence care, wound care, ostomy care, and clinical nutrition along with the other segments such as respiratory care, equipment & housekeeping supplies, and disposables.
The report on the Netherland home healthcare market provides qualitative and quantitative insights on the market trends and detailed analysis of market size & growth rate for all possible segments in the market. The market is segmented on the basis of product types.
On the basis of product type, the Netherlands home healthcare market is further segmented into continence care (briefs & diapers, catheters & bags, underpads & liners, others), wound care (traditional wound dressings, advanced wound dressings, negative pressure wound therapy (NPWT), others), ostomy care (ostomy care bags, accessories), clinical nutrition (parenteral nutrition, enteral nutrition), respiratory care, equipment & housekeeping supplies, and disposables
Along with this, the report on Netherlands home healthcare analysis comprises market dynamics and competitive landscape. Various key insights provided in the report are the reimbursement scenario for home healthcare in the Netherlands, the aging population in the Netherlands, 2017 & 2050, home healthcare industry structure, Netherlands long-term care GDP expenditure, government initiatives in the home healthcare market, and key industry developments.
As per our (Fortune Business Insights) study, the Netherland Home Healthcare Market was US$ 570.0 Mn in 2018 and is anticipated to generate US$ 1,013.1 Mn by 2026.
Rising elderly population which leads to higher demand for mobility care products, self-diagnostic & monitoring devices such as blood pressure monitors, blood glucose monitors are likely to drive Netherland home healthcare industry growth during the forecast period.
In terms of product, the equipment & housekeeping supplies segment is the dominating segment in the Netherland home healthcare market.
Netherland home healthcare market is anticipated to grow at a CAGR of 7.6% during the forecast period (2019-2026).
Followed by equipment & Housekeeping Supplies, the others segment accounted for the second largest share of the home healthcare market in the Netherland.
Some of the major players operating in the Netherland home healthcare market include SCA, Smith & Nephew, and Coloplast A/S among others.
Continence care products available in the market includes briefs & diapers, catheters & bags, under pads & liners among others
Ostomy care bags segment is the leading sub-segment of the ostomy care product types.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry