Global Home Healthcare Market was valued at US$ 174 bn in 2016 and is expected to reach US$ 405.42 bn by 2026, growing at a CAGR of 8.83% from 2016 to 2026(Detailed analysis of the market CAGR is provided in the report).
The global home healthcare market is segmented into a product, services, and region. based on the product, a market is divided into Patient Diagnosis/Treatment Devices, Assistive Technology Based Devices, Enteral Feeding Device. on the basis of services, a market is classified into Home Rehabilitation Services, Home Respiratory Therapy Services, Home Infusion Therapy Services, Telehealth Services, Unskilled Home Healthcare Services. Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, Middle East & Africa.
As per the Department of Economic and Social Affairs of the United Nations, population aged above 60 is likely to reach 2.1 billion by 2050. The growing elderly population is one of the key drivers for the market. The demographic group is disposed to chronic diseases, which require long-term care and around 70.0% of patients opting for home healthcare are old.
North America is estimated to dominate the market followed by Europe. The largest share of this geographical segment is recognized to factors such as technological advancements, converging trends of the aging population, and rising incidence of chronic diseases.
key players operated in the home healthcare market are Medtronic, Kindred Healthcare, Inc, Koninklijke Philips N.V., Invacare Corporation, Abbott, Bayer AG, Fresenius SE & Co, KGAA, B. Braun Melsungen AG, Sunrise Medical Inc., 3M Health Care, Baxter, Cardinal Health Inc., Roche Diagnostics Corp., Air Liquide, Arcadia Health Care, Amedisys Inc., Nxstage Medical Inc., Arkray Inc., Apria Healthcare Group, Odyssey Healthcare Inc., Becton, Dickinson and Company, Critical Homecare, National Healthcare Corp.,Omron Healthcare Inc.
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Scope of the Home Healthcare Market report:
Global Home Healthcare Market, by Products:
• Patient Diagnosis/Treatment Devices
• Assistive Technology Based Devices
• Enteral Feeding Device
Global Home Healthcare Market, by Services:
• Home Rehabilitation Services
• Home Respiratory Therapy Services
• Home Infusion Therapy Services
• Telehealth Services
• Unskilled Home Healthcare Services
Global Home Healthcare, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players in Home Healthcare Market are:
• Medtronic
• Kindred Healthcare, Inc.
• Koninklijke Philips N.V.
• Invacare Corporation
• Abbott
• Bayer AG
• Fresenius SE & Co
• KGAA
• Braun Melsungen AG
• Sunrise Medical Inc.
• 3M Health Care
• Baxter
• Cardinal Health Inc.
• Roche Diagnostics Corp.
• Air Liquide
• Arcadia Health Care
• Amedisys Inc.
• Nxstage Medical Inc.
• Arkray Inc.
• Apria Healthcare Group
• Odyssey Healthcare Inc.
• Becton
• Dickinson and Company
• Critical Homecare
• National Healthcare Corp.
• Omron Healthcare Inc.
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The Global Home Healthcare Market Size is estimated to be over USD 645 billion by 2025.
Global home healthcare market is expected to grow at a CAGR of 8.7% during the forecast period.Download Sample @ https://www.adroitmarketresearch.com/contacts/request-sample/540 Advancements in the medical field have led to an increase in life expectancy of people, with more number of people exceeding the average age of 50 years.
The regional market of global home healthcare is segmented as North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Russia, Rest of Europe), Asia Pacific (China, Japan, India, Korea, Southeast Asia and Rest of Asia-Pacific) and South America, Middle-Eats & Africa (Brazil, Egypt, Saudi Arabia, South Africa, Nigeria, and Rest of the World).
In , North America dominated the global home healthcare market and is expected to retain its dominance during the forecast period from 2019-2025.3M Healthacre, Bayer, Roche, Abbot Laboratories and others are some of the leading players having a presence in the global home healthcare market.
In order to increase their flexibility and the willingness to adapt products in response to customer feedback, companies are making using of technology to become more customer centricAbout Us:Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018.
Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry.
