The global Home Healthcare Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Home Healthcare Market is anticipated to rise at a higher CAGR during the forecast period. Home healthcare is a rapidly growing segment in the healthcare domain with a definite rise in market size and over 5+ million patients receiving home healthcare settings. Employment opportunities being relatively higher in this field also contributes to the market development.
Key Players:
- Almost Family Inc.
- Braun Melsungen AG
- Abbott
- Sunrise Medical.
- 3M Healthcare
- Baxter International Inc.
- Medtronic
- Cardinal Health Inc.
- Hoffmann-La Roche AG
- Air Liquide
- Amedisys, Inc.
- NxStage Medical, Inc.
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Growth Drivers:
The drivers for home healthcare market comprise features of home care services in the modern era and convenience for patients. Homecare services are less expensive and strongly convenient to patients with a desired effect. The treatment is subjective to nature of the disease that helps the patient to regain the health within a short time. Home healthcare services are likely to gain significant attention in the modern era due to availability of therapists, nurses and specialized doctors that work for home health agencies and public health departments.
Technology Outlook:
- Equipment
- Therapeutic
- Diagnostic
- Mobility assist
- Services
- Rehabilitation services
- Unskilled home care
- Respiratory therapy services
- Infusion therapy services
- Telemetry
Product Outlook:
- Diagnostic
- Therapeutic
Service Outlook:
- Respiratory therapy
- Rehabilitation
- Infusion therapy
- Skilled nursing
- Pregnancy care
- Palliative care
Regional Outlook:
Geographical segmentation for home healthcare market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American and European markets are likely to gain a significant CAGR during the forecast period due to rise in popularity and disposable income. The expensive nature of hospitals, rise in geriatric population, and variation in reimbursement policies is likely to propel the market growth during the forecast period.
Asia-Pacific's market is likely to have a significant attention due to rise in population and growing demands for medical safety. NGOs and government initiatives are contributing to strengthening of homecare services in the APAC sector. Apart, telecommunication services and online platforms are preferred outlets to gain access to the market.
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