Home Healthcare Market Research Report, by Product (Therapeutic products, Other), Service (Skilled Nursing Services, Respiratory Therapy Service, Other), Software (Clinical Management System, Telehealth Solution, Other) – Global Forecast Till 2023Market HighlightsIn the coming years, the global economy will witness a sharp increase in the home health industry.
The increased competition among existing and new market players to develop a device with higher accuracy and more advanced features will ultimately results in the growth of the market.
In contrast to the available CGM systems, the Freestyle Libre does not require calibration.Avail a Amazing Report@ https://www.marketresearchfuture.com/sample_request/2030 Rise in aging population, technological advancements, rising treatment cost and hospital stay, and rising approval from regulatory bodies are propelling the growth of the market.
Various issues have been found in home healthcare settings such as unsanitary conditions, medication errors, and others.It is estimated that home healthcare market is expected to grow at a CAGR of 8.1% during the forecast period 2017-2023.Major Key Players in Global Home Healthcare MarketSome of key the players in the market are Abbott, GE Healthcare, Becton Dickinson Company, Omron Corporation, Apple, Medtronic PLC, Koninklijke Philips N.V., LG Electronics, Fresenius SE & Co KGaA, McKesson Corporation, F. Hoffmann-La Roche AG, B. Braun Melsungen AG, 3M, A Company, Kinnser Software, and others.The global home healthcare market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.The Americas dominate the home healthcare market owing to the presence of geriatric population, presence of the leading players, and high healthcare expenditure.
According to the WHO, world’s population aged over 60 years will nearly double from 12% to 22% by 2050, and in the United States over 20% of the total population will be aged 65 years or over by 2030.Europe holds the second position in the home healthcare market.
It is expected that the support provided by the private, and government bodies for research & development, along with a well-developed technology drives the home healthcare market in European region.Asia Pacific region is projected to be the fastest growing region during the forecast period.