Home Healthcare Market Report
The global home healthcare market is valued at USD 239 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 8.80 % over the forecast period 2018-2025. A major trend for the global home healthcare market is the increasing prevalence of chronic diseases. Homecare for health offers personal care of chronic infectious and is very common and comfortable for the aging population. As a result, the adoption of home care would increase thereby, aiding the growth of the market across the forecast period.
Increasing geriatric population is considered as a key driver for the global home healthcare market across the globe. Since elderly people prefer home healthcare as they are unable to travel to hospitals and clinics hence all the needed medication facilities are preferred at their homes. According to the Population Reference Bureau, in the year 2016, the number of Americans aged 65 or more is approx. 46 million which is projected to become more than double and will reach approx. 98 million by the year 2060, share in the total population of the people aged 65 and older age group will rise approx. from 15% to 24 %.
Similarly, the Office for National Statistics United Kingdom estimates, in 2016 the population of the United Kingdom is 65.6 million and is projected to reach 74 million by 2039. In 2016, 18% of the UK population were aged 65 and over and 2.4 % of the population were aged 85 and over. As the geriatric population is more prone to the aforementioned complex diseases hence, they require continuous critical care diagnosis and treatment and thus are expected to contribute towards the market growth. However, changing reimbursement policies is expected to hinder the growth of the market during the forecast period.
Based on segmentation, the home healthcare market is segmented into product, services, software, and type of telehealth solution. The product segment of the global home healthcare market is classified into testing, screening, & monitoring products, therapeutic product and home healthcare mobility care products of which the mobility care segment is expected to grow at the highest CAGR owing to the growing demand for personal independence and ease of use. On the basis of service segment, the market is diversified into skilled nursing services, rehabilitation therapy services, hospice, and palliative care services, unskilled care services, respiratory therapy services, infusion therapy services, and pregnancy care services of which infusion therapy services hold the leading position due to its cost-effectiveness feature. The software segment is classified into agency software, clinical management systems, and hospice solutions. The type of telehealth solution segment is diversified into home telehealth software, home telehealth services, and home telehealth monitoring devices.
Request a Sample Copy of this Report @ https://www.planetmarketreports.com/report-sample/global-home-healthcare-market-forecasts-2018-2025
The regional analysis of the home healthcare market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America, and ROW. North America dominates the home healthcare market owing to the well-established medical infrastructure along with the increasing healthcare expenditure. Whereas, Asia-Pacific is expected to emerge as the fastest-growing region in terms of market share. The growth of the Asia-Pacific region is witnessed owing to government efforts to improve healthcare infrastructure and unmet medical needs in emerging economies. As a result, the adoption of home healthcare would increase across the Asia-Pacific region over the forecast period.
The leading market players include-
If we are missing any of the companies which you are looking for or you have to ask anything else, please send us your query regarding this topic by clicking @ Enquire Now
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product
By Service:
By Software:
By Type of Telehealth solution:
By Regions:
Get Detailed Information about this Research Report @ https://www.planetmarketreports.com/reports/global-home-healthcare-market-forecasts-2018-2025
Furthermore, years considered for the study are as follows:
Target Audience of the Global Home Healthcare Market in Market Study:
Key Consulting Companies & Advisors
Table of Content Covers the Topics mentioned below
For any special requirements about this report, please let us know and we can provide custom reports.
Contact Info:
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US: +1-7162930123
UK: +447482875569
Organization: Planet Market Reports
As the world economy struggles to recover from the pandemic, the vaccination drive spells hope…
UAE based companies and agencies have no option but to penetrate new markets more effectively…
Latest Report on Global Sodium Chloride Injection including Market Landscape, and Market size, Revenues by…
Latest Report on Global Varicose Vein Treatment Devices including Market Landscape, and Market size, Revenues…
Latest Report on Global Colorectal Cancer Therapeutics Market including Market Landscape, and Market size, Revenues by players,…
To celebrate World Poetry Day, International Schools Partnership (ISP) has launched a student Poetry Contest…