Home Healthcare Market By Type Analysis (Product, Services, Solutions) and By Regional Analysis – Global Forecast by 2023-2028
The Global Home Healthcare Market is expected to be around US$ 9.30 billion by 2028 and will grow at a CAGR of more than 9% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
9
REPORT DESCRIPTION
The global home health care market is expected to reveal impressive development in the next few years. Home health care offer different services to patients in the comfort of their home. Home health care has been rising in popularity for the treatment of small injuries and illness among patients, as it is less expensive and as efficient as hospital based medical care. In a progressively more mobile and independent globe, health care services alone remain embedded in a professionally controlled and centralized situation. Though, the example change in consumer preference to benefit quality services from the comfort of their home is necessitated evolution of health care services to guarantee convenience and care to patients.
How Big is the Global Home Healthcare Market?
The Global Home Healthcare Market is expected to be around US$ 9.30 billion by 2028 and will grow at a CAGR of more than 9% in the given forecast period.
The major driving factors of Global Home Healthcare Market are as follows:
• Increasing global geriatric population
• positive government initiatives
• Growing incidence of chronic ailments
• Increasing demand for inexpensive health care delivery system
The restraining factors of Global Home Healthcare Market are as follows:
• Insufficient insurance coverage
• Increasing patient safety concerns
• Shifting reimbursement policies
The Global Home Healthcare Market is segmented on the lines of its type and regional. Based on type segmentation it covers product, services and solutions. The Global Home Healthcare Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market on further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for home healthcare and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for home healthcare.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global Home Healthcare Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Johnson & Johnson, Omron Healthcare, Philips, McKesson and RocheOther prominent vendors in this market are A&D Company, Abbott, Almost Family, Apria Healthcare, eCaring, Fresenius, Gentiva Health Services, Interim Healthcare, Kindred Healthcare, Linde Healthcare, LHC Group, Kinnser Software and Rotech healthcare Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Home Healthcare Market has been segmented as below:
By Type Analysis
• Product
• Services
• Solutions
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Home Healthcare Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Home Healthcare Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Key Industry Insights
2.4 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Home Healthcare Market Overview
4.2 Home Healthcare Market, By Product
4.3 Home Healthcare Market, By Service
4.4 Home Healthcare Market, By Software
4.5 Geographical Snapshot of the Home Healthcare Market
5 Market Overview
Key Findings
5.1 Introduction
5.2 Home Healthcare Market Segmentation
5.2.1 Home Healthcare Market Segmentation, By Product
5.2.2 Home Healthcare Market Segmentation, By Service
5.2.3 Home Healthcare Market Segmentation, By Software
5.2.4 Home Telehealth Market Segmentation, By Type
5.2.5 Home Healthcare Market Segmentation, By Region
5.3 Market Dynamics
5.3.1 Market Drivers
5.3.1.1 Growing Aging Population
5.3.1.2 Rising Incidences of Chronic Diseases
5.3.1.3 Technological Advancements
5.3.1.4 Increasing Healthcare Costs and the Growing Need for Affordable Treatment Options
5.3.1.5 Government Initiatives to Promote Home Healthcare
5.3.2 Market Restraints
5.3.2.1 Changing Reimbursement Policies
5.3.2.2 Limited Insurance Coverage
5.3.2.3 Patient Safety Concerns
5.3.3 Opportunities
5.3.3.1 The Shifting Trend Towards Telehealth
5.3.3.2 Untapped Developing Regions
5.3.4 Challenges
5.3.4.1 Shortage of Home Care Workers
6 Home Healthcare Market, By Product
6.1 Introduction
6.2 Home Healthcare Testing, Screening, & Monitoring Products
6.2.1 Blood Pressure Monitors
6.2.2 Blood Glucose Monitors
6.2.3 Pulse Oximeters
6.2.4 Peak Flow Meters
6.2.5 Heart Rate Monitors
6.2.6 Fetal Monitoring Devices
6.2.7 HIV Test Kits
6.2.8 Sleep Apnea Monitors
6.2.9 Coagulation Monitors
6.2.10 Ovulation and Pregnancy Test Kits
6.2.11 Holter and Event Monitors
6.2.12 Cholesterol Monitoring Devices
6.2.13 Colon Cancer Test Kits
6.2.14 Home Hemoglobin A1c Test Kits
6.2.15 Drug and Alcohol Test Kits
6.2.16 ECG/EKG Devices
6.2.17 EEG Devices
6.2.18 Temperature Monitors
6.2.19 Hearing Aids
6.2.20 Pedometers
6.3 Home Healthcare Therapeutic Products
6.3.1 Oxygen Delivery Systems
6.3.2 Nebulizers
6.3.3 Ventilators
6.3.4 Sleep Apnea Therapeutic Devices
6.3.5 Wound Care Products
6.3.6 Iv Equipment
6.3.7 Dialysis Equipment
6.3.8 Insulin Delivery Devices
6.3.9 Inhalers
6.3.10 Other Therapeutic Products
6.4 Home Healthcare Mobility Care Products
6.4.1 Canes
6.4.2 Crutches
6.4.3 Mobility Scooters
6.4.4 Walkers & Rollators
6.4.5 Wheelchairs
7 Home Healthcare Market, By Service
7.1 Introduction
7.2 Rehabilitation Therapy Services
7.3 Infusion Therapy Services
7.4 Unskilled Care Services
7.5 Respiratory Therapy Services
7.6 Pregnancy Care Services
7.7 Skilled Nursing Care Services
7.8 Hospice and Palliative Care Services
8 Home Healthcare Market, By Software
8.1 Introduction
8.2 Agency Software
8.3 Clinical Management Systems
8.4 Hospice Solutions
9 Home Telehealth Market, By Type
9.1 Introduction
9.2 Home Telehealth Monitoring Devices
9.3 Home Telehealth Services
9.4 Home Telehealth Software
10 Home Healthcare Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 U.K.
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 RoE
10.4 Asia
10.5 RoW
11 Competitive Landscape
11.1 Home Healthcare Market: Overview
11.2 Competitive Situation and Trends
11.2.1 New Product Launches
11.2.2 Acquisitions
11.2.3 Partnerships, Agreements, Joint Ventures, and Collaborations
11.2.4 Expansions
11.3 Home Healthcare Market Share Analysis
11.3.1 Blood Pressure Monitors Market
11.3.2 Blood Glucose Monitors Market
11.3.3 Coagulation Monitors Market
11.3.4 Thermometers Market
11.3.5 Insulin Delivery Devices Market
11.3.6 Mobility Care Equipment Market
11.3.7 Services Market
11.3.8 Software Market
11.3.9 Telehealth Market
The Global Home Healthcare Market has been segmented as below:
By Type Analysis
• Product
• Services
• Solutions
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
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