“It’s a wonderful program and gives me freedom,” says John. “I can do my walks and go outside and do work in my garden.”

Such feelings are understandable. Living at home ensures that seniors can continue to make decisions about their daily lives and are plugged into their social networks. Care is more easily personalized, and seniors enjoy a higher quality of life and greater personal happiness.

The global home healthcare market size is anticipated to reach USD 515.6 billion by 2027, registering a CAGR of 7.9%, according to a new report by Grand View Research, Inc. This growth can be attributed to cost-efficiency, improved patient outcomes, and convenience offered by home healthcare agencies. In addition, the rising geriatric population and the growing prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, are expected to drive market growth.