Home Healthcare Market Size, Scope, Insight, Demand, Technology & Global Industry analysis of 2029

 


Home Healthcare Market analysis report endows with the list of principal competitors along with the strategic insights and analysis of the key factors influencing the medical device industry. This market report also deals with the existing development trends and patterns along with distribution and marketing channels. With the increasing geriatric population, the demand for home healthcare services is rising in several countries. Service providers focus on covering the entire scope to deliver the best services to the geriatric population. Individualized disease management programs are developed to address physical needs specific to Alzheimer’s disease and dementia (Memory Care Specialty Program) as well as manage symptoms related to heart diseases, focusing on pain control and quality of life (Cardiac Specialty Program). The market by services is segmented into skilled home care and unskilled home care. Skilled home care services are provided by healthcare professionals. Unskilled home care services are provided for daily living aid to home-bound patients and are categorized as basic assistance care/personal care services. Skilled home healthcare services dominated the market in 2020 due to rising medical expenditure associated with hospital stays

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Data Bridge Market Research analyses that the market is growing with a CAGR of 8.6% in the forecast period till 2027 and expected to reach USD 520,594.06 million by 2029 from USD 273,118.18 million in 2019. Rising minimally invasive diagnostic and therapeutic interventional procedures and increasing prevalence of chronic diseases are the factors for the market growth. Furthermore, awareness about home care services and devices for such conditions is increasing. Availability of portable devices such as heart rate monitors, respiratory aids, and blood glucose monitors has improved the efficiency and effectiveness of home care for lifestyle diseases. Value-based healthcare is another major factor contributing to the market. In most of the developed and developing nations, the central government is offering either partial or complete coverage for the in-home services. In the U.S., Medicare reimbursements are highly favorable in providing value-based healthcare for improved patient outcomes at a low cost. Thus, in-home care has become a modality of choice for treatment.

Highlight of Table of Content:

§  Chapter 1: Market overview

§  Chapter 2: Global Home Healthcare Market Analysis

§  Chapter 3: Regional analysis of the Global Home Healthcare Market

§  Chapter 4: Market segmentation based on types and applications

§  Chapter 5: Revenue analysis based on types and applications

§  Chapter 6: Market share

§  Chapter 7: Competitive Landscape

§  Chapter 8: Drivers, Restraints, Challenges, and Opportunities

§  Chapter 9: Gross Margin and Price Analysis

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The major players covered in the report are Koninklijke Philips N.V., Air Liquide, Amedisys, Apple Home Healthcare, Arcadia, Davita Inc, Diaverum, Home Health Care, Inc, Home Healthcare Solutions Company, LLC, Kindred Healthcare, LLC, LHC Group, Inc., National HealthCare Corporation and PORTEA MEDICAL, OMRON Corporation, Air Liquide, B. Braun Melsungen AG, BPL Medical Technologies, CARDINAL HEALTH and Sunrise Medical (US) LLC among other players domestic and global. Home healthcare market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately.

Profound Questions Answered in this Report:

·       What is the growth rate of various stages in the value chain of the industry?

·       Which region has the highest growth rate and size of the emerging market by value in 2022?

·       Who are the competitive players in Global Home Healthcare Market?

·       Which region has the largest share and degree of competition in the industry?

·       What is the CAGR of the market during the forecast period 2022 to 2029?

·       Which region is expected to hold the highest market share for the market?

·       What is the main driver of the Global Home Healthcare Market?

·       What is sales volume, revenue, and price analysis of top players of the market?

·       What are the market opportunities and threats faced by the vendors in the industry?

·       What has been the impact of COVID-19 on the Global Home Healthcare Market?

 

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