The global home healthcare market is anticipated to witness a high CAGR over the forecast period 2019 to 2026, owing to complete study on market size, segment, growth factors, market demand, trends, restraints and profiling of key players. The market drivers and analysis within the report are backed by recent and prevailing market conditions led with clear projections for the forecast period.
The home healthcare market size reveals a high growth as the market witness rise in geriatric population and availability of home healthcare devices, monitoring and diagnostic home devices. Home healthcare market in the U.S. highlights patient improvement outcomes which is precisely based on patient-preference model. For instance, once a patient is discharged from the healthcare unit, an immediate home healthcare is offered for better recovery of the patient, which sets an ideal example across the healthcare industry. The patient benefits from home healthcare facilities which are even low in cost and exhibit efficiency in their outcomes.
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It is also estimated that by end of 2019, around 45% population in the U.S. will cross the age of 65 and half of these are more likely to incur lifestyle disorders or any disabilities. Since, most of the U.S. citizens prefer staying independently have a high preference for homecare services. Around 70% U.S. citizens had chosen home care facilities in the past five years ranging from age group 50-58.