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Global Home Healthcare Market worth USD 405.42 Billion by 2026
Posted: Aug 16, 2018
Global Home Healthcare Market – Industry Analysis and Forecast (2017-2026) _ by Products, Services, and by Geography
Factors expected to drive the Home Healthcare Market growth are rising need to curtail escalating healthcare costs, growing geriatric population; increasing incidence of chronic diseases; and rising demand for affordable healthcare delivery systems.
Global Home Healthcare Market valued USD 174 Billion in 2016 and expected to reach USD 405.42 Billion by 2026, at a CAGR of 8.83%.
The Market Research Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the product, service, and geography to assist in strategic business planning.
Increasing government initiatives supporting the use of home healthcare solutions and to promote home healthcare are trending the overall Global Home Healthcare Market. However, changing reimbursement policies will restrain the market growth.
Home Infusion Therapy Services sub-segment is expected to witness the significant growth
Home Infusion Therapy Services segment is expected to lead the market growth in the forecast period, technological advancements and cost-effectiveness is expected to fuel the Home Healthcare solution sub-segment growth.
APAC is expected to register the highest growth rate in Home Healthcare Market during the forecast period
APAC is expected to lead the Home Healthcare Market during the forecast period. Increasing disposable income, expansion of home health care companies in this region, and raising awareness of home healthcare will fuel the Global Home Healthcare Market in the APAC region.
The scope of the Report:
Global Home Healthcare Market, By Product: Patient Diagnosis/Treatment Devices, Assistive Technology Based Devices and Enteral Feeding Device
Global Home Healthcare Market, By Services: Home Rehabilitation Services, Home Respiratory Therapy Services, Home Infusion Therapy Services, Telehealth Services and Unskilled Home Healthcare Services
Global Home Healthcare Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and 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